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☆ How Red Lobster choked on its own Endless Shrimp deal
▼ + stars: | 2024-05-21 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

First, Red Lobster got screwed by private equity. Back in 2014, the Darden restaurant group spun off Red Lobster to a private equity firm. Thai Union, under Kenny’s direction, elbowed out other shrimp suppliers, “leaving Thai Union with an exclusive deal that led to higher costs to Red Lobster,” according to the filing. And if you’re the exclusive provider of shrimp to America’s biggest seafood chain, what’d be better than making that limited-time all-you-can-eat shrimp deal a permanent menu item? The all-you-can-eat shrimp deal alone didn’t doom Red Lobster, but boy did it do some damage at a time when the chain was already buckling.

Persons: Nathaniel Meyersohn, ”, Management wasn’t, Jonathan Tibus, Tibus, Paul Kenny, Kenny Organizations: New, New York CNN, Darden, Management, Thai Union, CNN Locations: New York, foundering, Bangkok, Thai

☆ Wall Street advisors are flocking to this small law firm to claw back pay from wealth giants like Morgan Stanley and Merrill Lynch
▼ + stars: | 2024-05-21 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

For Ajamie LLP, a Houston law firm with 11 attorneys, taking on banks with billion-dollar war chests is becoming a booming business. This ruling was used by a lawyer on another case, Ohio-based Alan Rosca, to secure a $3 million judgment against Morgan Stanley on March 25. He said he has been contacted by advisors hailing from "really any financial firm that offers deferred compensation to financial advisors." During that suit, Ajamie was contacted by Matt Shafer, the lead plaintiff in the Morgan Stanley case. The Morgan Stanley suit inspired Kelly Milligan, now the named plaintiff in the Merrill Lynch class action, to reach out.

Persons: —, Jack Edwards, Edwards, Morgan Stanley, Morgan Stanley's, Alan Rosca, Merrill Lynch, Sen, Ted Cruz, Wells Fargo, Wells, Ajamie, Matt Shafer, Kelly Milligan, It's Organizations: Service, Ajamie LLP, Business, University of Virginia School of Law, Big Law, RBC Capital Markets, Financial Industry Regulatory Authority Locations: Houston, Ohio, Ajamie, Texas, Carolina

☆ Inside Chef Carla Hall's fridge, from Costco staples to the one thing she always buys on sale
▼ + stars: | 2024-05-20 | by ( Lizzy Briskin | ) www.businessinsider.com time to read: +6 min

Hall's fridge is a trove of fun finds, from condiments we know and love to fancy European butter and an ample supply of eggs. AdvertisementA peek inside Carla Hall's fridge. Carla HallSundae fixingsCarla Hall's fridge had a few ice-cream flavors. "The one thing that I get when it's on sale is any kind of European-style butter," Hall said. AdvertisementMystery leftoversIf you're curious about the container with reddish contents in the center of Hall's fridge, join the club.

Persons: —, Carla Hall, Hall's, Carla Hall Sundae, Carla Hall's, Tyler Le, Ben, She's, Grey Poupon, Heinz, Grey Poupon Dijon, Amaro, amaro, unsalted Organizations: Service, Business, QVC, Walmart, Safeway, Costco Locations: gander, Washington ,, Jeni's, Tillamook, Southern

☆ Target is cutting prices on up to 5,000 items to lure back inflation-wary shoppers
▼ + stars: | 2024-05-20 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Target has slashed prices on more than 1,500 popular items beginning immediately, ranging from butter to laundry detergent, as the retailer attempts to attract inflation-wary shoppers turned off by high prices. Prices have dropped effective Monday, with “thousands more price cuts” — amounting to 5,000 items — being reduced over the summer, the retailer announced. Retail sales growth has taken a hit because of high prices: Last month, retail sales were unchanged from March, when spending increased by a downwardly revised 0.6%, the Commerce Department recently reported. By comparison, a year ago, retail sales surged by 3%. In response, Target recently created a new house brand called Dealworthy to take on dollar stores and Walmart.

Persons: Sarah Wyeth Organizations: New, New York CNN — Target, Ikea, Aldi, Shoppers, CNN, Commerce Department, Target, Walmart Locations: New York

☆ I'm an American mom living in France. I've never seen a screen out during meal time and French kids are always well-dressed.
▼ + stars: | 2024-05-20 | by ( Erica Jackson Curran | ) www.businessinsider.com time to read: +7 min

And yet, when I'm in Mom Mode with my 7-year-old son, Oliver, I just can't hide the fact that I'm American. This kind of helicopter behavior is fairly common among American parents — but less so in France. French kids are always impeccably dressedIt may sound like French kids are running wild, but that's not the case — and their wardrobes are evidence of that. I've rarely seen French kids with screens (or sodas) at a restaurant. AdvertisementWe've learned that French kids usually snack only once per day, during "gouter" which is around 4:30 p.m., when they get out of school.

Persons: Oliver, I've, —, that's, He's, he's, I'm, they're, iPads I've, Coke, We've Organizations: Service, Adidas Locations: Bordeaux, France, American, French

☆ I pay for Costco's $120 executive membership even though I only shop for 2. Here are some of my favorite things to get for breakfast.
▼ + stars: | 2024-05-18 | by ( Dominic Bucca | ) www.businessinsider.com time to read: +1 min

The Kirkland Signature smoked salmon and Boursin gournay cheese are delicious on toast. My wife loves mandarins and the Kirkland Signature creamy almond butter. We pay $120 for an executive Costco membership, which saves us money by giving us up to $1,000 back on qualified purchases each year. Since I work from home and my wife is a teacher, we prioritize buying quick, nutritious breakfast items we can grab before the workday starts. Here are 10 breakfast items we always keep on hand.

Persons: mandarins, — Organizations: Costco, Kirkland, Service, Business

☆ I flew from LA to Paris to see Taylor Swift. I was only in the city for 48 hours but it was worth it and easier than I expected.
▼ + stars: | 2024-05-18 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +10 min

AdvertisementFlying nonstop from LA to Paris on Air France was a breezeI flew from LA to Paris on Thursday, May 9, and only had to take two days off work — not bad for a trip to Europe. Free wine on Air France with dinner and "Lord of the Rings" made the flight to Paris easy. AdvertisementParis was full of Taylor Swift fansThe scaffolding in the forefront of the photos is part of the Olympics set up. We took an Uber to La Defense Arena, located northwest of the city center and about 15 minutes from our hotel. When the countdown appeared on the screen for Swift, we went to our actual seats, which were right outside the lounge, stage left.

Persons: —, Taylor Swift, Rascal Flatts, Kelsey Vlamis, Swift, Taylor, she's Organizations: Service, Business, Air France, Air, LAX, La Defense, Eiffel, Poets Department, Sunday Locations: Los Angeles, Paris, LA, Europe, Air France, sparkles, France

☆ Tsai Ing-wen: the leader who put Taiwan on the map and stood up to China
▼ + stars: | 2024-05-18 | by ( Wayne Chang | Nectar Gan | ) edition.cnn.com time to read: +16 min

While supporters applaud Tsai for standing up to China, defending Taiwan’s sovereignty, freedom and democracy, critics blame her for straining ties with Beijing, stoking cross-strait tensions. Beijing, which deems the tacit agreement a precondition for dialogue, has cut official contact with Taipei since Tsai took office. Taiwan President Tsai inspects reservists at a training session at a military base in Taoyuan on May 11, 2023. But under Tsai, Taiwan has sought to enhance its asymmetric defense capabilities, developing and procuring cheaper and more mobile weapon systems that could be instrumental in halting a potential Chinese invasion. Taiwanese military experts have increasingly advocated for such an approach, noting that Taiwan can never match China in military might and assets.

Persons: Taipei CNN — Tsai Ing, introvert, ” Tsai, Xi Jinping, Xi, Tsai, stoking, Taiwan’s, Lai Ching, ”, Alex Chan Tsz Yuk, Wellington Koo, “, Vanessa Hope, Ma Ying, Taiwan's, Jose Lopes Amaral, Wen, Amanda Hsiao, Nancy Pelosi, Chien Chih, Nancy Pelosi’s, Huang, Jameson Wu, ” Sung, ” Hsiao, “ Tsai, Sawayasu Tsuji, Sung, ” Tsai’s, –, Lai Organizations: Taipei CNN, Democratic Progressive Party, DPP, Kuomintang, KMT, World Health Organization, WHO, Atlantic, Trump, Biden, International Crisis, US, Getty, World Health Assembly, National Chengchi University, Getty Images, Taiwan’s Military Academy, ” Tsai’s DPP Locations: Taipei, Taiwan, China, United States, Beijing, Tsai, Asia, Wellington, Ukraine, Gaza, Japan, Czech Republic, Republic of China, Taoyuan, AFP, Washington, Hong Kong

☆ A stock trader who consistently beats the S&P 500 and returned 118% in his best year shares how he's investing his money in 2024 — and what ETF he would add to his portfolio if he was a 'set and forge
▼ + stars: | 2024-05-15 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Courtesy of Erik SmolinskiHe says he has a long position in iShares Russell 2000 ETF (ETF, IWM) and iShares 20+ Year Treasury Bond (ETF, TLT). AdvertisementThe portfolio addition for the hands-off investor: the iShares Russell 2000 ETFSmolinski recognizes that, as an investor, he's "more active than I imagine most people want to be." For the everyday investor who wants to be more hands-off, he recommends buying the iShares Russell 2000 ETF. This investment tracks the Russell 2000 Index, which measures the performance of small caps. That would be the next expression, so: looking at strong sectors, strong sub-sectors, then finding the leading stocks within those strong performing sub-sectors."

Persons: —, Erik Smolinski, he's, Smolinski, He's, Russell Organizations: Service, Business, Marine, Treasury Bond, Nasdaq Locations: California, Norway, iShares Russell

☆ University of California Workers Vote to Authorize Strike in Rebuke Over Protest Crackdowns
▼ + stars: | 2024-05-15 | by ( Jonathan Wolfe | ) www.nytimes.com time to read: +1 min

But academic workers in the University of California system authorized their union on Wednesday to call for a strike over something else entirely: free speech. 4811, represents about 48,000 graduate students and other academic workers at 10 University of California system campuses and the Lawrence Berkeley National Laboratory. The strike authorization vote, which passed with 79 percent support, comes two weeks after dozens of counterprotesters attacked a pro-Palestinian encampment at the University of California, Los Angeles, for several hours without police intervention, and without arrests. The vote does not guarantee a strike but rather gives the executive board of the local union, which is part of the United Auto Workers, the ability to call a strike at any time. Eight of the 10 University of California campuses still have a month of instruction left before breaking for summer.

Persons: Lawrence, counterprotesters Organizations: University of California, U.A.W, Lawrence Berkeley National Laboratory, United Auto Workers Locations: Los Angeles

☆ An ancient coin collection worth $72 million is headed to auction after 100 years of secrecy
▼ + stars: | 2024-05-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +1 min

A legendary Danish coin collection will go up for sale later this year after 100 years. The auction house handling the sale says the collection is worth $72 million. The tycoon who compiled the collection stipulated it could not be sold until 100 years after his death. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOne of the most valuable privately-owned coin collections is headed to auction later this year after spending more than a century shrouded in secrecy.

Persons: —, Lars Emil Bruun Organizations: Service, Business Locations: Danish, Bruun's

☆ Just how bad are ultraprocessed foods? Here are 5 things to know
▼ + stars: | 2024-05-13 | by ( Andrea Kane | ) edition.cnn.com time to read: +8 min

NOVA separates foods into four groups, starting with natural and minimally processed foods in the first category to ultraprocessed foods, which use industrial formulations and manufacturing techniques, in the fourth. Here are five things to know about ultraprocessed foods:Ultraprocessed foods are linked to bad health outcomesEating a lot of ultraprocessed foods isn’t healthy. We have one.”Ultraprocessed foods cause weight gainThat one randomized, controlled clinical trial showed that ultraprocessed foods actually caused people to gain weight. So, all those factors probably play a huge role in … the foods that we choose to eat in the real world.”Not all ultraprocessed foods are badSome ultraprocessed foods can provide important nutrients, such as whole wheat bread and yogurt. “Which goes to show that not all ultraprocessed foods necessarily drive this effect.”Hall’s team is conducting a new study to tease out which ultraprocessed foods are harmful and which are neutral, or even healthy.

Persons: Marion Nestle, Meg Tirrell, Paulette Goddard, Nestle, ”, ” Nestle, Kevin Hall, ” Hall, Tirrell, shouldn’t, you’re, we’re Organizations: CNN, University of São Paulo, NOVA, Nestle, New York University, National Institute of Diabetes, National Institutes of Health Clinical, ”, National Health, US Department of Agriculture, US Food and Drug Administration Locations: Brazil, Bethesda , Maryland

☆ This Mother's Day, I'm celebrating the fact that I can bake with my kid again. Not long ago, that wasn't the case.
▼ + stars: | 2024-05-12 | by ( Lindsay Karp | ) www.businessinsider.com time to read: +4 min

When I was little, I'd stand on a kitchen chair by the counter as my father poured flour into the mixer. I stopped baking during those early parenting years because I was living with undiagnosed multiple sclerosis (MS). When my younger son was a toddler, I couldn't stand long enough to cook dinner, let alone bake. AdvertisementAs my legs begged for rest, I'd slowly sink downward into a sitting position until I reached the kitchen floor. By the time my second son was born, I'd already exhausted doctors in every specialty without receiving a diagnosis.

Persons: I'd, I've, It's, — Organizations: Service, Business

☆ Blue Zones researcher shares 2 cheap, 'revolutionary supplements' you can find in any grocery store
▼ + stars: | 2024-05-09 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +5 min

In those regions, he has found two cheap grocery store items that are a staple of many people's diets: Walnuts and beans. Related storiesBeans are hearty, cheap, protein-rich, belly-filling foods that people living in many of the world's longevity hotspots prioritize at almost every meal. Olive oil is also a science-backed addition to your dietBloomberg Creative/Getty Images"What about olive oil?" Behind the hype, there's good research backing up the benefits of regular olive oil consumption. "Olive oil shots!"

Persons: —, Peter Diamandis, Dan Buettner, Buettner, Nico Schnico, Michael Pollan, Diamandis, Bryan Johnson, there's Organizations: Service, Milken Institute Globel Conference, Business, Bloomberg, Blue Locations: Beverly Hills, Japan, Sweden, Greece, Australia, Loma Linda , California

☆ I tried groceries from Walmart's new premium house brand, Bettergoods. They were all under $5 and so good I'd buy them again.
▼ + stars: | 2024-05-09 | by ( Amena Ahmed | ) www.businessinsider.com time to read: +1 min

I ranked products from Walmart's new house brand, Bettergoods, from worst to best. I tried the flavored butter, frozen desserts, and ice cream I found in my Pennsylvania location. Accessible premium groceries sounded pretty great to me, so I visited Walmart to see which Bettergoods products I could find to try. AdvertisementAt my nearest Pennsylvania location, I found three types of Bettergoods products on the shelves: flavored whipped butter, plant-based frozen desserts, and ice cream. Each butter was about $2.60, and the frozen desserts and ice creams cost about $3.50 per carton.

Persons: — Organizations: Service, Walmart Locations: Pennsylvania

☆ Olive oil may lower risk of dementia-related death
▼ + stars: | 2024-05-06 | by ( Kristen Rogers | ) edition.cnn.com time to read: +5 min

CNN —A daily spoonful of olive oil could lower your risk of dying from dementia, according to a new study by Harvard scientists. Olive oil can be a healthy, tasty addition to foods such as sandwiches and salads. Replacing 5 grams — around 1.2 teaspoons — of margarine or mayonnaise consumed daily with olive oil was associated with an 8% to 14% lower risk of death from dementia. “It is also possible that olive oil has an indirect effect on brain health by benefiting cardiovascular health,” she added. Besides cooking with olive oil, you can also use it to make salad dressings or vinaigrettes, mayonnaise, pesto or bread dip.

Persons: Anne, Julie Tessier, Harvard University’s T.H, “, Duane Mellor, ” Mellor, Tessier, ”, David Curtis, Mellor, Curtis, Olive, it’s Organizations: CNN, Harvard, JAMA, American Society, Harvard University’s, of Public Health, Nurses, Health, Aston Medical School, Aston University, University College London Locations: Chan, North America, United Kingdom

☆ I've been to Vegas over 50 times. Here are the 8 best restaurants on The Strip.
▼ + stars: | 2024-05-06 | by ( Wendy Lee | ) www.businessinsider.com time to read: +7 min

After visiting Las Vegas over 50 times, my husband and I have a dining strategy: We return to a few of our favorite spots and then try a couple of new ones. AdvertisementOcean Prime is a splurge-worthy restaurant perfect for celebrating special occasionsWendy LeeIn 2023, Ocean Prime opened on the corner of Las Vegas Boulevard and Harmon Avenue — it even has a rooftop terrace overlooking The Strip. AdvertisementAt first, that made me doubt the quality of the food — but I've learned the food is even better than the decor. On a recent trip to Catch, I got the best French toast I've ever eaten. Located inside Paris Las Vegas, the French eatery has a patio directly across the street from the Bellagio Fountains.

Persons: —, Wendy Lee, Roy Choi, Jon Favreau, Lago, Julian Serrano's Lago, George Rose, Julian Serrano, I've, Retox, Bardot Brasserie, Bardot, Benedict, De Laurentiis, Mon Ami Gabi, Harun Ozmen, Shutterstock Organizations: Service, Las Vegas, Business, MGM, Bellagio, Casino, Ocean, Cosmopolitan, Mon Locations: Vegas, Cuban, Bellagio, Bellagio Fountains, Lago, Las Vegas, It's, cafés, Paris, Cromwell, ribeye, York, it's, New York, Paris Las Vegas

☆ I'm a mom and food scientist who shops for 5. Here are 8 delicious items I love buying at Aldi.
▼ + stars: | 2024-05-05 | by ( Abhiya Ahmed | ) www.businessinsider.com time to read: +1 min

As a food scientist and mom, I love shopping at Aldi for high-quality, budget-friendly items. I also love picking up items like cottage cheese, cilantro, Irish butter, and salad kits. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . I guess that's not too surprising because, in my professional life, I'm a food scientist. This story is available exclusively to Business Insider subscribers.

Persons: —, I've Organizations: Aldi, Service, Business

☆ 4 ingredients to level up your pasta recipes
▼ + stars: | 2024-05-03 | by ( Karla Walsh | ) edition.cnn.com time to read: +12 min

With “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People,” “I hope that people realize that there’s so much more than they can and should be putting on pasta,” Pashman said. Substitute 3 tablespoons prepackaged toasted rice powder for the 1 teaspoon oil and ¼ cup rice and skip step 1. In a large heatproof bowl, combine the shallots, ¼ cup cilantro, ¼ cup mint, scallions, chili flakes and sugar. Heat the remaining ¼ cup oil in the reserved skillet over high heat until just starting to smoke. Recipe adapted from “Anything’s Pastable: 81 Inventive Pasta Recipes for Saucy People” by Dan Pashman.

Persons: Dan Pashman, ”, Pashman, “, Harper Collins, ” Pashman, Alla, they’re, Pepe Chili Crisp, He’s, e pepe, Gan Ma, Jing, Dan Liberti, Caesar, Skip, James Park, Chili Crisp, Dan Liberti Dan Pashman’s Larb, browning, Karla Walsh, William Morrow Organizations: CNN, ”, Saucy, Ritz Crackers, Ritz, Sporkful, HarperCollins Publishers Locations: Italy, African, America, Thai, Des Moines , Iowa

☆ I’m a nutritionist from a small California city that's home to America’s longest living people: Here's what I eat every day
▼ + stars: | 2024-05-03 | by ( Eliza Cheng | ) www.cnbc.com time to read: +4 min

I was born and raised, and currently live, in a small city in California called Loma Linda. As a dietitian and nutritionist here, I think a lot about how the foods we eat can help us feel better and thrive into our old age. Here is everything I eat in a day to help promote longevity and overall well-being. Whole grains can help keep your blood sugar levels stable because they are absorbed more slowly into the body. If I opt for soft tofu, I'll cut it into cubes, drizzle it with Vietnamese Hoisin sauce, and sprinkle it with furikake, a seasoning made from nori seaweed, sesame seeds, sugar and salt.

Persons: Stanley, bok choy Organizations: Linda, Studies Locations: California, U.S, America

☆ Red Lobster brought seafood to the masses. Now it’s on the verge of bankruptcy
▼ + stars: | 2024-05-03 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +11 min

While it was a delicious deal for customers, it was terrible for the company: Red Lobster lost $3.3 million in seven weeks. The deal was once again too popular, and Red Lobster was unprepared for its customers’ insatiable lust for discounted shellfish. Red Lobster is now reportedly considering filing for bankruptcy protection to restructure its debt and shed some of its 650 US locations. Red Lobster stallsBut Red Lobster fell behind its sister brand Olive Garden under Darden. In 2021 and 2022, Red Lobster brought on a new CEO, chief marketing officer, chief financial officer and chief information officer.

Persons: Lobster, “, ”, John Gordon, Michael Nagle, Alex Susskind, General Mills, Bill Darden, Charley Woodsby, Darden, ” Woodsby, Jonathan Maze, Betty Crocker, Red, Glen Martin, Mills, ” Joe Lee, Olive, Red Lobster’s, “ Darden, ” Les Foreman, Justin Sullivan, they’ve, Les Foreman, Thiraphong Chansiri, ” “, ” Chansiri Organizations: New, New York CNN, Lobster, Thai Union, Bloomberg, Getty, Red Lobster, CNN, Cornell University, Baby Boomers, General, Howard, Restaurant Business, Darden, Denver Post, Harvard Business School, Longhorn, Darden Restaurants, Gate, ‘, Thai, “, ” Thai Locations: New York, United States, Bangkok, Thai, underinvestment, Lakeland , Florida, Orlando, America, Olive, Sale, Thai Union, Thailand

☆ Japanese yen: How the currency’s record slump is squeezing the Japanese
▼ + stars: | 2024-05-03 | by ( Juliana Liu | ) edition.cnn.com time to read: +7 min

Higher interest rates in the United States and other countries mean investors can make bigger returns on investments there than they can in Japan. This encourages carry trades, in which investors borrow money in yen to invest it in higher-yielding assets priced in other currencies. That weakens the Japanese currency. A Big Mac costs 50% more in the next cheapest G10 currency, the New Zealand dollar, than it does in yen, he added. … and lots of drawbacksBut the falling yen has caused much pain at home and not just for small businesses like Japan Fraise.

Persons: hasn’t, Hiroko Ishikawa, “ It’s, ” Ishikawa, “, we’re, We’re, Himari Semans, That’s, ” Nigel Green, Kit Juckes, Warren Buffett, ” Sean Callow, ”, Sato Hitomi, Semans, I’ve, —, Laura He, Chris Lau Organizations: Tokyo CNN, US, Reserve, CNN, Nikkei, Bank of Japan, deVere, greenback, Labor, Societe Generale, New Zealand, Japan’s National Tourism Organization, Tokyo’s Locations: Hong Kong, Tokyo, Japan, United States, Sydney, Hawaii

☆ The 3 red flags a sushi chef looks out for when he goes out for high-end sushi
▼ + stars: | 2024-05-01 | by ( Rachel Askinasi | ) www.businessinsider.com time to read: +5 min

Chef Masaharu Morimoto shared red flags he looks out for when at a high-end sushi restaurant. AdvertisementChef Masaharu Morimoto told Business Insider there are specific details throughout a sushi-eating experience that show him whether he's actually at a high-quality establishment. He told BI that the art of being a sushi chef "is a very important position in Japanese culture," and he takes traditional sushi seriously. AdvertisementWasabi should be freshly grated, not packagedA high-end sushi restaurant also loses bonus points with Morimoto if it's not serving fresh wasabi. "Using ingredients that are in season allows for the sushi to be at its freshest and always filled with flavor," Morimoto told BI.

Persons: Masaharu Morimoto, Rice, —, he's, Morimoto, it's, Morimoto Chef Masaharu Morimoto Organizations: Service, BI, Department of Health

☆ How our memories of food remind us of our history through scent and taste
▼ + stars: | 2024-04-30 | by ( Leah Asmelash | ) edition.cnn.com time to read: +13 min

The essay — one of 40 in her new book, “Bite by Bite” — isn’t just about her son, or vanilla. Each chapter of “Bite by Bite” focuses on a food — everything from apples to butter to the Filipino dessert halo-halo. But food is one big connector, so I really wanted to focus in on that. Menahem Kahana/AFP/Getty ImagesI really wanted to kind of celebrate, again what nourishes us, what brings us together. I used to be so creative, and I don’t know what to do.

Persons: Aimee Nezhukumatathil, Nezhukumatathil, Edmond Albios, Nezhukumatathil’s, It’s, it’s, ”, —, “, ” Nezhukumatathil, deliciousness doesn’t, Nezhukumatathil doesn’t, There’s, Menahem Kahana, there’s, That’s, ’, we’re, ‘ I’m Organizations: CNN, Getty Locations: Spain, Philippines, Portugal, India, American, New York, Concord, AFP, New York City, San Antonio

☆ Walmart launches new grocery brand, as it tries to hang on to inflation-fueled growth
▼ + stars: | 2024-04-30 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

And its low-priced reputation has helped the company attract higher income grocery shoppers as inflation pinches budgets. On Tuesday, the big-box retailer said it will roll out a private label called BetterGoods, a line of more trend-and chef-driven foods. Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period of high inflation. Another grocery brand it debuted, Favorite Day, is made up of creative takes on ice cream bars and trail mixes. The new private brand will join Walmart's existing collection of private brands in the grocery department, which includes Great Value — the country's largest private grocery brand by revenue, according to Numerator, a market research firm.

Persons: Costco's Kirkland, Kroger Organizations: Walmart, Aldi, Grocers, Target, Smart Locations: U.S

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