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☆ Passengers on flight hit by extreme turbulence arrive in Singapore
▼ + stars: | 2024-05-22 | by ( Joanna Tan | ) www.cnbc.com time to read: +1 min

Passengers of Singapore Airlines flight SQ321 from London to Singapore, which made an emergency landing in Bangkok, greet family members upon arrival at Changi Airport in Singapore on May 22, 2024. SINGAPORE — More than 140 passengers and crew that were on the Singapore Airlines flight that made an emergency landing in Bangkok Tuesday after encountering severe turbulence arrived safely in Singapore early on Wednesday. One passenger died and 30 others were injured onboard the London to Singapore flight on Tuesday, which encountered "sudden extreme turbulence" about 10 hours after departing from Heathrow Airport. The Boeing 777-300ER, which was carrying carrying 211 passengers and 18 crew, was flying over the Irrawaddy Basin at an altitude of 37,000 feet when it experienced sudden turbulence. We also deeply apologise for the trauma experienced by all passengers and crew members on this flight," Singapore Airlines' CEO Goh Choon Phong, said in a video message posted on Facebook.

Persons: SQ321, Goh Choon Phong Organizations: Singapore Airlines, Changi Airport, Heathrow Airport, Boeing, Facebook Locations: London, Singapore, Bangkok, SINGAPORE

☆ 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

☆ Passengers on SQ321 Singapore Airlines flight describe nightmare at 37,000 feet
▼ + stars: | 2024-05-21 | by ( Jessie Yeung | Alex | ) edition.cnn.com time to read: +5 min

CNN —Passengers on a Singapore Airlines flight hit by severe turbulence on Tuesday described a sudden, dramatic drop as “all hell broke loose” on board the Boeing airliner carrying 229 passengers and crew. Flight SQ321 was cruising at 37,000 feet from London to Singapore when flight tracking data shows the plane rapidly plunged before climbing several hundred feet, then repeated the dip and ascent, for about 90 seconds. At first, “the flight was perfectly normal,” said passenger Andrew Davies, who was traveling to New Zealand for business. He described the flight as “quite smooth … I don’t remember any turbulence at all.”Many passengers were having breakfast at the time of the incident. The interior of Singapore Airline flight SQ321 is pictured after an emergency landing at Bangkok's Suvarnabhumi International Airport, Thailand, on May 21.

Persons: ”, Andrew Davies, ” Davies, Reuters Davies, Geoff Kitchen, Davies, Dzafran Azmir, Azmir, Goh Choon, Kittipong Kittikachorn, Kitchen, Goh, Kitchen’s Organizations: CNN, Passengers, Singapore Airlines, Boeing, Singapore Airline, Reuters, Briton, Facebook, Singapore’s Ministry of Transport, Thai, US National Transportation Safety Locations: London, Singapore, New Zealand, Thailand, Bangkok, Australia, Malaysia, United Kingdom , New Zealand, Spain, United States, Ireland

☆ Red Lobster bought a lot of shrimp from its Thai owner. Now, the new CEO is investigating.
▼ + stars: | 2024-05-21 | by ( Meghan Morris | ) www.businessinsider.com time to read: +1 min

Red Lobster filed for Chapter 11 bankruptcy after suffering significant financial losses. CEO Jonathan Tibus questioned the company's purchasing processes, including from owner Thai Union. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the company's CEO faulted owner and key seafood supplier Thai Union for its role in the shrimp debacle — and in Red Lobster's trajectory — in a filing on Sunday. Jonathan Tibus, a turnaround expert who took the CEO job in March, wrote that Red Lobster had long bought much of its shrimp from owner Thai Union.

Persons: Jonathan Tibus, — Organizations: Thai Union, Service, Business

A sign is posted on the exterior of a Red Lobster restaurant on April 17, 2024 in Rohnert Park, California. Red Lobster has filed for Chapter 11 bankruptcy protection, continuing the process to shrink its footprint and find a buyer, the company said in a statement. CNBC reported last month Red Lobster was seeking a buyer, weighed down by significant debt and long-term leases. At the time, it was tough to predict that Red Lobster would see sales drop as much as they have. "This restructuring is the best path forward for Red Lobster," Tibus said in a statement late Sunday.

Persons: — Jonathan Tibus, Alvarez, Marsal, Tibus, Red, we've, General Mills, Darden, Kim Lopdrup, Paul Kenny's, Kenny Organizations: CNBC, Golden, Darden, Food, General, Thai Union Group, Thai Union, Red Lobster, Seafood Alliance, Thai Locations: Rohnert Park , California, U.S, Canada, Orlando , Florida, Olive, Thai

☆ Red Lobster, an American Seafood Institution, Files for Bankruptcy
▼ + stars: | 2024-05-20 | by ( Ali Watkins | More About Ali Watkins | ) www.nytimes.com time to read: +1 min

Versatile and resilient, the lobster survives by molting, shedding its skin and growing into a new, bigger shell. Red Lobster said it planned to reduce its locations as it prepared to to sell most of its assets. In the meantime, surviving Red Lobster restaurants will remain open. It has been a painful, slow end for Red Lobster, whose death throes were telegraphed earlier this year when the company reportedly sought to restructure its debt. After decades as a General Mills subsidiary, Red Lobster was purchased by a private equity firm in 2014, and bolstered by a 2020 investment from a Thai seafood conglomerate.

Persons: molting Organizations: General Mills

☆ He fell in love with Thailand while traveling in his 20s. Now 40, he's back and has built his dream 'James Bond' luxury villa.
▼ + stars: | 2024-05-20 | by ( Amanda Goh | ) www.businessinsider.com time to read: +6 min

Read previewThe first time Johnny Ward went to Chiang Mai, Thailand, he was 22. Johnny Ward on a scooter in front of his house in Chiang Mai, Thailand. But after traveling the world, Ward realized that Chiang Mai still had his heart. Johnny Ward/onestepforwardWard said he spent 13 million Thai baht building the home and another 3.5 million Thai baht furnishing it, or about $460,000 in total. It would have been difficult for him to have all the things he wanted if he had bought an existing home in Chiang Mai, Ward said.

Persons: —, Johnny Ward, Chiang, Ward, Chiang Mai, James Bond, onestepforward, Jaa, he's, onestepforward Ward, hadn't, I'm, She's, it's Organizations: Service, Business, Homes, James Edition Locations: Chiang Mai, Thailand, Asia, Australia, Miami, Ibiza, Ireland, Homes Thailand, onestepforward

☆ Red Lobster just filed for bankruptcy — but it's not going to disappear
▼ + stars: | 2024-05-20 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Read previewRed Lobster has filed for Chapter 11 bankruptcy, the seafood restaurant chain announced in a statement on Sunday. However, Red Lobster added its remaining restaurants will "remain open and operating as usual during the Chapter 11 process." Filing for Chapter 11 bankruptcy allows a company to stay in business while it restructures its assets. The firm said it had received a $100 million debtor-in-possession agreement from its existing lenders, which will now take control of Red Lobster. Advertisement"This restructuring is the best path forward for Red Lobster," Tibus said.

Persons: —, Jonathan Tibus, Tibus, we've Organizations: Service, Business, Thai Union Group

☆ How Red Lobster’s misguided endless shrimp promotion drove it into bankruptcy
▼ + stars: | 2024-05-20 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Red Lobster filed for bankruptcy Sunday, and the bankruptcy filing sheds new light on Thai Union’s role in the endless shrimp mishap. Red Lobster said it is investigating the circumstances of that promotion, which Red Lobster management opposed. Michael Nagle/Bloomberg/Getty Images“This decision created both operational and financial issues for [Red Lobster]… saddling the company with burdensome supply obligations” to Thai Union, Red Lobster said in the filing. “Certain operational decisions by former management have harmed [Red Lobster’s] financial situation in recent years,” Red Lobster said in its bankruptcy filing. Red Lobster stallsBut Red Lobster fell behind its sister brand Olive Garden under Darden.

Persons: Michael Nagle, ”, Alex Susskind, Susskind, General Mills, Bill Darden, Charley Woodsby, Darden, ” Woodsby, Jonathan Maze, Betty Crocker, Red, Mills, Cyrus McCrimmon, ” Joe Lee, Olive, Red Lobster’s, “ Darden, ” Les Foreman, Anthony Behar, SIPPL, AP Darden, they’ve, John Gordon, “, Patrick T, Fallon, Thiraphong Chansiri, ” “, ” Chansiri Organizations: New, New York CNN, Union became Red, Thai Union, Red Lobster, Bloomberg, Getty, Cornell University, CNN, Baby Boomers, General, Howard, Restaurant Business, Darden, Lobster, Denver Post, Harvard Business School, Longhorn, AP, Gate, ‘, Thai, Getty Images Thai Union, ” Thai Locations: New York, Thai Union, Bangkok, Thai, underinvestment, Lakeland , Florida, Orlando, America, Olive, Square , New York, Sale, Torrance , California, AFP

☆ Khon in Bangkok: Inside Sala Chalermkrung Royal Theatre, passionate performers keep a masked art form alive
▼ + stars: | 2024-05-17 | by ( Karla Cripps | Kocha Olarn | ) edition.cnn.com time to read: +8 min

But one of the best places to experience an authentic Khon performance is Bangkok’s Sala Chalermkrung Royal Theatre. Among the performers tasked with playing that role at Sala Chalermkrung is 34-year-old Thanet Pakwisath, who has been practicing Khon for more than 20 years. “And I believe that other performers here at Sala Chalermkrung would have the same belief.”But like many of his colleagues, he fears for its fate. I want everyone to help – both Thai people and foreigners.”Sala Chalermkrung: A living museumBangkok’s Sala Chalermkrung Royal Theater has its own fascinating back story. But from the late 1970s, visitors to Sala Chalermkrung began to decline.

Persons: Ling ”, Khon, Sala, Apassara, khon, Karla Cripps, Hanuman, “, ”, “ Khon, Hanuman Thanet, Sala Charlermkrung, Mark Phillips, ” Sala, King Prajadhipok, Sala Chalermkrung Organizations: CNN, Bangkok CNN, Suvarnabhumi International, Heritage, Chalermkrung, Khon, Royal, Sala Chalermkrung, Sala Locations: Bangkok, Thailand, Khon, Thai, Sala, –, Sala Chalermkrung, Thanet, “, Charoenkrung, Phra Nakhon District

☆ I tried 23 popular frozen meals from Trader Joe's, and would buy at least half of them again
▼ + stars: | 2024-05-16 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +34 min

I'm picky about instant meals, though, so I reviewed 23 of Trader Joe's frozen entrées. AdvertisementVERDICT: Although Trader Joe's penne arrabbiata could make for a satisfying, last-minute dinner, it wasn't memorable enough for me to buy again. Trader Joe's frozen section offers many different Tex-Mex and Mexican-inspired dishes, but I noticed these because of the "hatch chile" description. I thought Trader Joe's vegetable-and-cheese enchiladas were a disappointing, soggy messOnce cooked through, Trader Joe's vegetable-and-cheese enchiladas didn't impress me. I hoped Trader Joe's spicy peanutty noodle bowl with chicken would be goodI enjoyed Trader Joe's spicy peanutty noodle bowl with chicken.

Persons: —, Joe's, Wilson, Wilson I'm, it's, penne arrabbiata, I'm, fryer, Savanna, gooey Monterey Jack oozed, they're, might've, I've, provolone, Wilson Jackfruit, didn't, It's, I'd, you've, mozzarella, Bolognese, would've, bolognese, microwaving, gnocchi, it'll, chow, chiles, Wilson I, raved Organizations: Service, Business, Monterey, Wilson, Joe's Locations: Savanna, Monterey Jack, gooey Monterey, Cuban, pesto, jalapeño, gnocchi

☆ After 3 years in Thailand, I moved back to New York. It didn't feel like home anymore, so I took off again.
▼ + stars: | 2024-05-16 | by ( Elizabeth Lavis | ) www.businessinsider.com time to read: +6 min

Read previewAs I tucked into a bowl of wisp-thin Thai rice noodles studded with bok choy and sprinkled with fried garlic, all I could do was wax poetic about Buffalo wings. My favorite basket always came from a local dive bar in Western New York, 15 miles from Niagara Falls. I missed reliable transportation, manageable bugs, the change of seasons, my friends and family, and the Great Lakes comfort food I'd been pining for. I even realized that my definition of comfort food had changed. AdvertisementWhen I left for Thailand almost a decade ago, I imagined that I'd be going back to my "real life" after six months.

Persons: —, bok choy, Chang, Garth Brooks, Reuben, Koh Samui, I'd, who's, Uber, Costa Rica Elizabeth Lavis, gallo pinto Organizations: Service, Business Locations: Western New York, Niagara Falls, Thailand, Buffalo, Gulf, Thai, Laos, Costa Rica, Coast, Linzano, Bangkok

☆ Young Thai activist’s death in detention after 65-day hunger strike sparks calls for justice reform
▼ + stars: | 2024-05-15 | by ( Helen Regan | Kocha Olarn | ) edition.cnn.com time to read: +7 min

She had been in jail since January 26 and was awaiting trial, according to legal advocacy group Thai Lawyers for Human Rights. While in detention, Netiporn went on a 65-day hunger strike until April to protest the jailing of political dissidents without bail, the group said. Panu Wongcha-Um/Reuters/FileThe activist faced seven criminal cases, including two lese majeste charges. Those attending included Panusaya “Rung” Sithijirawattanakul, a fellow activist who also faces lese majeste charges for her involvement in the 2020 protests. At least 270 people have been charged with lese majeste during that time, the group added.

Persons: Thailand’s, ”, “, Netiporn, Thalu Wang, Thais, Panu, Panusaya, lese, Srettha Thavisin, Srettha, Strettha, Mongkol Thirakhot, majeste, Akarachai Chaimaneekarakate, Akarachai Organizations: CNN, ” Thailand’s Corrections Department, Thammasat University Hospital, Thai Lawyers for Human Rights, Thai Corrections Department, Bangkok Criminal Court, Thailand’s Ministry, Justice, Rights, United Nations Human Rights Council, European Union Locations: Bangkok, Thailand, Thai, lèse

☆ Red Lobster closing at least 99 locations as its future comes into question
▼ + stars: | 2024-05-14 | by ( Rob Wile | ) www.cnbc.com time to read: +2 min

A sign is posted on the exterior of a Red Lobster restaurant on April 17, 2024 in Rohnert Park, California. At least 99 locations of Red Lobster are being auctioned off amid questions about the stalwart seafood chain's long-term future. Last month, CNBC reported Red Lobster was seeking a buyer as it looked to avoid a bankruptcy filing, but none have materialized. Earlier this year, Thai Union, the largest investor in Red Lobster, announced it was seeking to exit its position. Red Lobster did not immediately respond to a request for comment.

Persons: Neal Sherman Organizations: TAGeX Brands, Business, CNBC, Thai Union Locations: Rohnert Park , California, Denver, Indianapolis, Rochester , New York, Sacramento , California, San Antonio, San Diego, U.S, Thai Union, Thai

☆ Anti-Monarchy Activist in Thailand Dies After Hunger Strike
▼ + stars: | 2024-05-14 | by ( Sui-Lee Wee | ) www.nytimes.com time to read: +1 min

To Netiporn Sanesangkhom, the right to dissent and to question Thailand’s powerful monarchy belonged to all Thais. On Tuesday, her crusade to highlight this cause in the face of the country’s strict ban on royal criticism ended in her death. Ms. Netiporn, also known as Bung, 28, was one of Thailand’s most prominent activists calling for changes to the monarchy. She died after a hunger strike that she began in prison on Jan. 27 to pressure the Thai authorities to put an end to jailing political activists. For more than two months, Ms. Netiporn refused food, water and all forms of medication.

Persons: Netiporn Sanesangkhom, Netiporn, Netiporn’s Organizations: Thais, Department of Corrections, Thai Party Locations: Thai

☆ Gold Gala fashion: ‘It’s the one place where you can really represent’
▼ + stars: | 2024-05-13 | by ( Stephy Chung | ) edition.cnn.com time to read: +5 min

On Saturday, stars gathered on the steps of The Music Center in Los Angeles for the Gold Gala — a celebration of Asian Pacific influential talent across entertainment, fashion, technology and more, hosted by the non-profit Gold House. Actor Eugene Lee Yang attends the Gold Gala in an eye catching ensemble. It’s not something that I grew up imagining I’d have for myself.”Lucy Liu, wearing a gown by Bibhu Mohapatra, and Karan Johar exchange a greeting at the Gold Gold 2024. Michael Kovac/Getty ImagesFrom left to right, Shelby Rabara and Harry Shum Jr. attend the Gold Gala. So that’s been wonderful to see people take chances, and how we’ve knocked it out of the park,” Lakshmi told CNN.

Persons: Karrueche Tran, Thai Nguyen, “, ”, Tran, Nymphia, Sheng Cheong, Karan Johar, Agnez Mo, Eugene Lee Yang, Charley Gallay, Araya Doheny, Jeannie Mai, ” “, Padma Lakshmi, Lucy Liu, Joel Kim Booster, ” Lucy Liu, Bibhu Mohapatra, Michael Kovac, Shelby Rabara, Harry Shum Jr, Monica Schipper, USC Annenberg, Tommaso Boddi, Rodin Eckenroth, that’s, we’ve, ” Lakshmi, Prabal Gurung Organizations: Los Angeles CNN, The Music Center, CNN, Getty, Pacific, Gold House, USC Locations: Los Angeles, Pacific, American, Vietnamese, African American, City, ”, Indonesia, Hollywood, Thai

☆ Red Lobster is abruptly closing dozens of restaurants
▼ + stars: | 2024-05-13 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +1 min

New York CNN —Struggling Red Lobster is abruptly closing at least 48 of its restaurants around the country, according to a leading restaurant liquidator. TAGeX Brands is conducting an online auction of Red Lobster kitchen equipment, furniture and other contents at restaurants closing. Red Lobster locations in Buffalo, Orlando, Jacksonville and other cities were listed as “temporarily closed” on Red Lobster’s website, according to local news reports. In 2020, Thai Union, a longtime supplier to Red Lobster, took an undisclosed financial stake in the chain, becoming a key shareholder. Thai Union said earlier this year it would divest from Red Lobster and take a $530 million loss on its investment.

Persons: Neal Sherman, “ Organizations: New, New York CNN —, TAGeX Brands, Thai Union Locations: New York, Buffalo, Orlando, Jacksonville, Thai Union

☆ Hattan Alsaif: ‘When I fight, I can feel my soul alive,’ says Saudi Arabia’s groundbreaking MMA star
▼ + stars: | 2024-05-10 | by ( George Ramsay | ) edition.cnn.com time to read: +6 min

Alsaif is acutely aware of her status as a trailblazer for female MMA fighters in Saudi Arabia and takes such a responsibility seriously. I feel I’m alive when I train, when I fight, in the gym – I can feel my soul alive. “When I breathe after the rounds, when I feel sick, when I feel tired, when I feel courage, when I feel scared, those moments, every part of that, it makes me feel alive. It’s something that means a lot to me.”Alsaif (right) competed in Muay Thai prior to MMA. Sadaa, coach of Saudi Arabia’s Muay Thai national team, has been central to Alsaif’s success, though his influence extends far beyond a sporting sphere.

Persons: Hattan, Saudi Arabia –, – Alsaif, “, ” Alsaif, I’m, “ It’s, Egypt’s Nada Faheem, Alsaif, ”, it’s, Abdullah Al, Feras Sadaa, Sadaa, Claressa Shields, Kelsey De Santis, ’ ” Organizations: CNN, CNN Sport, Professional Fighters League, wasn’t, Professional, League, Thailand –, Combat Games, Saudi Games, International Federation of Muaythai, Muay Thai, Al, SRJ Sports Investments Company, Saudi Arabia’s Public Investment Fund Locations: Riyadh, Saudi Arabia, Saudi, Thai, Thailand, East, North Africa, MENA

☆ Thailand decriminalized cannabis 2 years ago. Its prime minister wants to ban it again.
▼ + stars: | 2024-05-09 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

Thailand's prime minister has called for a ban on recreational cannabis in a major U-turn. Thailand was the first Asian country to decriminalize cannabis for recreational use in 2022. AdvertisementThailand's prime minister wants to ban cannabis just two years after his country decriminalized it for recreational use. AdvertisementThailand was the first Southeast Asian country to legalize medical cannabis in 2018, and the first Asian country to decriminalize recreational cannabis in 2022, according to Forbes. Other countries have legalized or decriminalized cannabis for recreational use in recent years, including Canada, Germany, Mexico, and South Africa.

Persons: Thailand's, Srettha Thavisin, —, Thavisin, Anutin Charnvirakul Organizations: Service, country's Ministry of Public Health, Forbes, New York Times, Bloomberg, District of Columbia, Prohibition Partners, Thailand's Center, Addiction Locations: Thailand, Thai, Canada, Germany, Mexico, South Africa

A women looks at photos of hostages held by Hamas in Gaza, on May 1, in Tel Aviv, Israel. Amir Levy/Getty ImagesIsraeli officials believe 128 hostages taken in the October 7 attacks remain in Gaza, and that at least 34 of them are dead. The Israel Defense Forces said Friday that the remains of Elyakim Libman, who had been classified as a hostage in Gaza, were found in Israeli territory. Israel officially considers people to be hostages, even if they are dead, until their remains are returned. Hostage negotiations: A Hamas delegation has arrived in Cairo Saturday to resume hostage and ceasefire talks.

Persons: Amir Levy, Elyakim Libman Organizations: Getty, Israel Defense Forces, Prime, Office Locations: Gaza, Tel Aviv, Israel, Cairo

☆ I fell in love with someone 21 years after he dumped me by text
▼ + stars: | 2024-05-04 | by ( Nicola Prentis | ) www.businessinsider.com time to read: +5 min

He ended the relationship by text message and I never heard from him again. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe text message left me in a heap of tears in a backpacker hostel in Adelaide, Australia, in 2003. I was still reeling when, half an hour later, he'd taken his backpack and sent that devastating text message. AdvertisementWhen I left, I resisted the urge to send a text re-contextualizing his "Thanks for the good times" message.

Persons: —, I'm, We'd, he'd, we'd, You've, doesn't Organizations: Service, Facebook Locations: Adelaide, Australia, Sydney, Hyde Park, Western Australia, Cairns, Europe, Spain

☆ I left San Francisco and moved to LA. Here are the 5 worst things about leaving the Bay Area.
▼ + stars: | 2024-05-04 | by ( Robin Madell | ) www.businessinsider.com time to read: +5 min

AdvertisementEven though LA is much larger than San Francisco, LA doesn't feel urban, while San Francisco does. Here's what I felt were the five worst things about leaving the San Francisco Bay Area and moving to LA. AdvertisementAs an artist and business owner, I founded my eco-friendly textile and wallpaper collection business in San Francisco in 2013. I miss San Francisco's culture and philanthropic spiritLiving in San Francisco, I found that many of its businesses have a good environmental or social mission. But I believe, for the most part, San Francisco still has the same caring heart and soul it's had for years.

Persons: —, Stevie Howell, It's, I've, Francisco —, Jessica Silverman, Rebecca Camacho, would've, it's, Crissy, I, Manseen Logan Organizations: Service, Business, San, San Francisco Bay Area, Minnesota, National Parks Conservancy, Area Locations: Los Angeles, San Francisco, LA, It's, San Francisco , LA, San Francisco Bay, Mandalay, Francisco, Bernal Heights Hill, Dolores Park, Ocean, Stinson Beach, Angel, mlogan@businessinsider.com

☆ 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

☆ 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

☆ Red Lobster Isn't Nearing Bankruptcy Because of Endless Shrimp
▼ + stars: | 2024-05-01 | by ( Emily Stewart | ) www.businessinsider.com time to read: +9 min

While Red Lobster increased traffic somewhat, people coming in to chow down on all-you-can-eat shrimp was a money bleeder. But the story about what's gone wrong with Red Lobster is much more complicated than a bunch of stoners pigging out on shrimp (and, later, lobster) en masse. Red Lobster first opened in Lakeland, Florida, in 1968 and was acquired by the food conglomerate General Mills in 1970. "What's truly happened with Red Lobster is that the consumer base has changed and Red Lobster hasn't," he said. "Red Lobster isn't losing to a competitor in their space — they're losing to competitors outside their space."

Persons: It's, what's, Jonathan Maze, Mills, General Mills, Olive, Darden, Red, Eileen Appelbaum, isn't, they've, it's, Keith Bedford, Darren Tristano, John Gordon, Kim Lopdrup, Red Lobster's, He's, Jonathan Tibus, Gordon, Tristano, You've, Emily Stewart Organizations: Bloomberg, Restaurant Business, Olive Garden, LongHorn, Darden, Golden Gate, American Realty, Lobster, Center for Economic, Policy Research, Thai Union, Seafood Alliance, Thai, Fortress Investment Group, Reuters, Business Locations: chow, Lakeland , Florida, San Francisco, Thai, Thailand, Thai Union, Golden, San Diego

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