Endless Shrimp Sinks Red Lobster Profits
Seafood restaurant chain Red Lobster posted an $11 million loss for the third quarter of 2023. The primary driver of this loss was their Ultimate Endless Shrimp deal. What was…
Breaking News: Egg Producers Found Guilty of Price-Fixing
A jury ruling in November 2023 finally put to rest a price-fixing case that was filed in 2011. The jury found that four of the US’ largest egg suppliers conspired…
It Was Pretty While It Lasted
A fly on the wall at recent board meetings of some multinational cosmetic companies might hear board members saying ‘it all used to be so beautiful’ or something along those…
Why Now Might Be The Time To Buy An EV
If you shopped for a new car recently, you probably know that finding a good deal can be difficult. Not only are the vehicles themselves expensive, but with interest rates…
Aldi: The Efficiency Experts
You might not have shopped in an Aldi grocery store, but you’ve probably heard of them. Aldi, a German retailer, is the fastest growing grocer in the United States when…
Netflix to Raise Prices on Some of Its Plans
Netflix has announced that it added 8.8 million new subscribers during the third quarter of 2023. This increase comes after the streaming service cracked down on password sharing and forcing…
Quiet, Please…or Pay the Fine!
New York City is planning to install several “noise cameras” in Manhattan in an effort to enforce anti-noise ordinances. The cameras will be mounted along city streets and will be…
Is Olive Oil the New Liquid Gold?
Petroleum is often referred to as liquid gold. Now another oil may claim the same title. Olive oil. You’re probably aware of its health benefits and, in comparison to other…
Federal Reserve hints at possible future interest rate increases
The minutes of the July 2023 meeting of the Federal Open Market Committee indicated that Federal Reserve officials may raise interest rates again in the near future in order to…
How Policy Decisions in China Are Creating Uncertainty for America’s Corn Farmers
What do you think of when you see a kernel of corn? Maybe a bowl of popcorn or corn on the cob? Perhaps your mind goes to corn syrup, animal…