Red Lobster Gets a Revamp

Kim Lopdrup, CEO of Red Lobster Seafood Co., discusses the company's recent expansion into Puerto Rico and the menu revamp being implemented across its restaurants. We talk about the changes to the company since its spin-off from Darden Foods. Lopdrup discusses how the company is expanding its reach, the changes to its look and menu, as well as its sustainability efforts. Plus, Lopdrup explains how Red Lobster humanely kills its lobsters. Switzerland recently passed a ban on boiling lobsters alive.

More In Business

Lionsgate Signs $4.6 Billion Studio SPAC Deal

Lionsgate announced its studio division is going to spin off in a merger with Screaming Eagle Acquisition Corp., which is a special purpose acquisition company.

Redfin: 15.5% of Homes for Sale in 2023 Were Affordable

A new report suggests that it's getting more difficult for an average American to afford a home.

FDA Warns of Fake Ozempic Drugs

The Food and Drug Administration warned consumers about a copycat version of the diabetes drug Ozempic.

Report: Tesla Building Battery Factory in China

Tesla is reportedly moving forward with its plan to make energy shortage storage batteries in China.

Wells Fargo Workers in New Mexico Vote to Unionize

Wells Fargo employees at a branch in New Mexico have voted to unionize.

Nike Cuts Full-Year Revenue Outlook and Announces Cost-Cutting Plan

Nike cut its full-year revenue outlook for the fiscal year after reporting lower-than-expected revenue in its latest quarter.

Stocks Rise As Market Looks to Extend Winning Streak Year-End

Stocks climbed after the opening bell as the market looks to extend its winning streak as the year draws to a close.

Pres. Biden Says U.S. Steel Deal Needs 'Serious Scrutiny'

President Biden thinks there should be "serious" scrutiny over Japanese company Nippon's planned purchase of US Steel.

Were Your Holiday Deliveries Stolen? What to Know About Porch Piracy and What You Can Do About It

You found the perfect holiday gift online. You ordered it. A notification arrived on your phone, showing the package had arrived. But when you open your doors, the parcel is nowhere to be found.

Airbnb Fined at Least $10M for Misleading Australian Customers

Airbnb has admitted to misleading its customers in Australia by not making clear that prices on its site were listed in U.S. dollars instead of Australian dollars.

Load More