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U.S. inflation data for April came in broadly in line with analyst estimates Wednesday, breaking a concerning three-month streak of higher-than-expected readings and reigniting hopes for a return to the Federal Reserve’s 2% inflation target. Last month, the Consumer Price Index (CPI) showed a year-over-year increase of 3.4%.

US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets

⏲ 0:55 👁 15.1M

CNBC

Why Bill Gates Is Buying Up U.S. Farmland

⏲ 13 minutes 14 seconds 👁 2.6M

Impact Investing

Rehana Nathoo - Case Foundation -Network Map - Impact Investing World Forum

⏲ 19 minutes 36 seconds 👁 210

Red Lobster Announces, Nearly 100 Locations , Will Be Shut Down.<br/>NBC reports that approximately 99 Red Lobster locations <br/>will be auctioned off as the seafood chain faces <br/>questions regarding the company's long-term future.<br/>Founder and CEO of the liquidation firm TAGeX Brands, <br/>Neal Sherman, said he would lead the closure of over <br/>50 locations in a May 13 LinkedIn post.<br/>Sherman said equipment from the <br/>locations will be auctioned off.<br/>Locations will reportedly be closed across <br/>the United States, including Denver, <br/>Indianapolis, California and New York.<br/>On May 14, Restaurant Business Magazine reported <br/>a total of 99 locations would close, representing <br/>about 15% of the company's 700 locations. .<br/>NBC reports that the largest seafood <br/>restaurant in the U.S. has struggled with debt, <br/>unfavorable leases and executive turnover.<br/>The chain's troubles also stem from ill-advised <br/>strategies like an all-you-can-eat-shrimp promotion <br/>in 2023 that resulted in a significant loss.<br/>Earlier in 2024, the chain's largest investor, <br/>Thai Union, announced that it would <br/>seek to exit its position. .<br/>The combination of Covid-19 pandemic, <br/>sustained industry headwinds, higher <br/>interest rates and rising material and <br/>labor costs have impacted Red Lobster, <br/>resulting in prolonged negative <br/>financial contributions to <br/>Thai Union and its shareholders, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC.<br/>After detailed analysis, we have <br/>determined that Red Lobster’s <br/>ongoing financial requirements <br/>no longer align with our capital <br/>allocation priorities and <br/>therefore are pursuing an exit <br/>of our minority investment, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC

Red Lobster Announces Nearly 100 Locations Will Be Shut Down

⏲ 1:31 👁 90.5M

Techonomy Media

Mapping The Future: Why ESG Is The GPS Of Investing

⏲ 35 minutes 36 seconds 👁 11

World Economic and Investment Forum

World Economic and Investment Forum

⏲ 25 seconds 👁 2

TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and why Walmart is closing stores and laying off employees.

Walmart closing stores, laying off hundreds

⏲ 1:45 👁 27.6M

House Of Canada

INSANE MIC DR0P MOMENT

⏲ 11 minutes 27 seconds 👁 6.1K

大海留美生活录

花上千美元在后院做菜园，看到卡车拉来的土，真是把人吓傻了！

⏲ 9 minutes 19 seconds 👁 1.4K

TheStreet’s Conway Gittens brings you the biggest news of the day, including what investors are watching and what sent shares of Walmart soaring.

Walmart stock hits all-time high

⏲ 1:39 👁 8.2M

Pepe Café

Putin e Xi em Pequim: o encontro mais importante do ano

⏲ 12 minutes 53 seconds 👁 8.4K

Chris Williamson

Why You’ll Never Achieve Your Way To True Fulfilment - Robin Sharma

⏲ 1 hour 17 minutes 16 seconds 👁 5.7K

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