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Nervous stocks slide on upcoming data and Red Sea tensions

June 17, 2025 by istri

[1/2]People walk through the lobby of the London Stock Exchange in London, Britain, August 25, 2015. Portal/Suzanne Plunkett/File Photo ACKNOWLEDGE RIGHTS Dollar up 0.2%, S&P 500 futures -0.3% Bonds see profit-taking, gold falls after crossing $2,100 Bets on US interest rate cuts are tested against payrolls Red Sea Shipping Attacked, Oil Still Fighting LONDON, Dec … [Read more…]

Posted in: Business Tagged: Data, Nervous, Red, Sea, slide, Stocks, tensions, upcoming

Red Lobster’s endless shrimp advertising was a factor in its $11 million operating loss

April 9, 2025 by istri

Comment on this storyCommentAdd to your saved storiesSave Hoping to attract more customers in the summer and fall, Red Lobster is hosting events in June made one of its most popular specialty dishes a menu staple: Ultimate Endless Shrimp. In recent months, the restaurant has seen an increase in the number of customers paid $20 … [Read more…]

Posted in: Business Tagged: Advertising, Endless, factor, Lobsters, loss, million, operating, Red, Shrimp

Red Lobster’s popular Endless Shrimp deal dented profits

March 22, 2025 by istri

Red Lobster’s “irresistible” all-you-can-eat shrimp promotion is indeed hard to resist. The Ultimate Endless Shrimp deal became so popular that it contributed to the restaurant chain’s third-quarter profit decline, forcing the restaurant chain to increase the price from $20 to $25. Thai Union Group, which owns a large stake in the chain, said in a … [Read more…]

Posted in: Business Tagged: deal, dented, Endless, Lobsters, Popular, Profits, Red, Shrimp

Why the oil market isn't freaking out over the Houthi attacks in the Red Sea – Middle East Eye

December 21, 2023 by istri

The oil market remains relatively cool as Houthi ballistic missiles and drones fly over the Red Sea, confusing some experts who had expected a larger rise in energy prices. According to the US, Yemen’s Houthis have launched more than 100 drone and missile attacks on 10 merchant ships in the Red Sea. Attacks have intensified … [Read more…]

Posted in: Business Tagged: attacks, East, eye, freaking, Houthi, isn039t, market, Middle, oil, Red, Sea

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