Posted inCompany Reports Red Lobster Restaurants Restaurants Seafood United States Red Lobster’s Popular Endless Shrimp Deal Ate Into Its Profits The all-you-can-eat deal contributed to an $11 million quarterly operating loss. Posted by By Orlando Mayorquin
Posted inCompany Reports Israel-Gaza War (2023- ) Musk, Elon Online Advertising Social Media Twitter X May Lose Up to $75 Million in Revenue as More Advertisers Pull Out Internal documents show companies like Airbnb, Coca-Cola and Microsoft have halted ads, or are at risk of doing so, after Elon Musk’s endorsement of an antisemitic conspiracy theory. Posted by By Ryan Mac and Kate Conger
Posted inBarnes & Noble Inc Best BUY Company Inc Black Friday and Cyber Monday (Shopping) Christmas Company Reports Consumer Behavior Discount Selling Gennette, Jeffrey Gifts Inflation (Economics) Macy's Inc National Retail Federation Shopping and Retail Thanksgiving Day United States Economy Black Friday Isn’t What It Used to Be Big discounts, many of them online only, start appearing well before Thanksgiving and will run long after. Some people still go to the mall, though. Posted by By J. Edward Moreno
Posted inCompany Reports Computer Chips NVIDIA Corporation OpenAI Labs Nvidia Triples Quarterly Revenue, but Sales in China Are a Concern Demand for the company’s A.I. chips remains high, but it said new U.S. export restrictions would hurt it sales to countries like China. Posted by By Don Clark