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.
Elon Musk announced two new subscription tiers for people who want the premium experience. This, as some users in some countries may have to pay a very small fee to access the platform for more. Cheddar News' senior reporter Michelle Castillo explains.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
