Ex-P.F. Chang’s CEO to take helm at Red Lobster — as bankrupt chain plans to close 23 more locations

Bankrupt seafood chain Red Lobster has appointed former PF Chan CEO Damola Adamolekun to take over the reins of the struggling chain and said it will close 23 more restaurants by the end of the week, according to a court filing on Monday. Red Lobster, which blamed its $20 all-you-can-eat shrimp promotions for its financial […]
Marc Andreessen’s family plans ‘visionary’ development near ‘California Forever’ project: report

Tech mogul Marc Andreessen’s family reportedly owns land near the controversial “California Forever” urban project he backs, which is set to build more than 1,000 homes as part of a “visionary” real estate plan. Andreessen, co-founder of the venture firm Andreessen Horowitz, is one of several Silicon Valley bigwigs seeking to build a new city […]
Meta halts plans for high-end mixed-reality headset: report

Metaplatform has canceled plans for a premium mixed reality headset that was intended to compete with Apple’s Vision Pro. Reported information Friday. The company told employees in its Reality Labs division to stop work on the device this week after a product review meeting, the report quoted two Meta employees as saying. The canceled device […]
ROOKE: Looks Like Trump Has Plans To Flip The Script On Kamala’s Big Week

As the countdown to November 5th rapidly approaches, both candidates are vying to maintain top spot in the narrative race. That’s going to be tough for former President Donald Trump, with Vice President Kamala Harris getting all the favorable media coverage at the Democratic National Convention in Chicago this week. Still, Trump is reportedly planning […]
Kamala Harris’ wealth redistribution plans could prove both costly and ineffective

The Harris campaign this week announced that the Democratic vice president and her running mate, Apparently I’m thinking Communism, they argue, means “everyone is the same, everyone shares.” If they win in November, they would impose a range of new taxes on Americans, including a tax on unrealized gains. Though Harris and Waltz claim to […]
Ford cancels plans for electric three-row SUV

See what’s clicking on FoxBusiness.com. Ford is scrapping plans for an all-electric three-row SUV. The company said Wednesday it will not produce the vehicle and instead plans to “utilize hybrid technology for our next three-row SUV.” The company said the discontinuation of the SUV will result in an impairment of approximately $400 million in “certain […]
Kevin O'Leary blasts Harris's proposed economic plans as 'really bad idea'

“Shark Tank” investor Kevin O’Leary on Saturday cited a series of problems with Vice President Harris’ proposed economic plan, calling some of it “really bad ideas.” Harris formally unveiled her economic plan at a rally in North Carolina last week, which included a wide range of economic policies, including child and homeowner tax credits and […]
Pro-Kamala Harris Media Ridicule Her Economic Plans — ‘Gimmicks,’ ‘Not Sensible’

Democratic presidential candidate Vice President Kamala Harris has put forward economic policies so terrible that even her own supporters have criticized them as “tricky” and “unwise.” On Friday, Vice President Clinton McNeverden unveiled an absolutely insane economic plan ripped straight from the playbook that destroyed the economies of Venezuela, Cuba and the Soviet Union. Price […]
Extreme misogyny to be treated as terrorism under UK government plans | Violence against women and girls

Under government plans, extreme misogyny will reportedly be treated as a terrorist act for the first time. Home Secretary Yvette Cooper has ordered a review of the counter-terrorism strategy to address violence against women and girls, identify gaps in current laws and examine emerging ideologies, according to the Sunday Telegraph. The proposals would make it […]
US elections live: Harris to unveil plans to expand child tax credit to fight poverty and help first-time homebuyers | US elections 2024

Harris to propose tackling child poverty, helping first-time homebuyers in major policy speech Good morning to all readers of the US Politics Blog. Kamala Harris He is due to deliver a key economic speech today in the battleground state of North Carolina, where he will seek to underline his lead in the polls. Donald TrumpAccording […]