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Red Lobster Revival? Restaurant Chain Exits Bankruptcy With $60M In Funding, New CEO Red Lobster Revival? Restaurant Chain Exits Bankruptcy With $60M In Funding, New CEO
Red Lobster Revival? Restaurant Chain Exits Bankruptcy With $60M In Funding, New CEO Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management. The company announced on Monday, Sept. 16 that it's been acquired by lender group RL Investor Holdings with $60 million in new funding backed by Fortress Investment Group. Damola Adamolekun, former chief executive officer at Asian fusion casual dining chain P.F. Chang’s, is now running Red Lobster. The move comes after the chain, founded in 1968, abruptly closed dozens of locations earlier this year. It still has 544 locations across 44 US states and four provinces in…

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by Joe Lombardi
Business
McDonald's Offering Free Breakfast Meals For Educators This Week McDonald's Offering Free Breakfast Meals For Educators This Week
McDonald's Offering Free Breakfast Meals For Educators This Week McDonald's is offering free breakfast meals to thank educators across the country this week. The fast-food chain announced that from Monday, Oct. 11, through Friday, Oct. 15, educators can receive their free meal during breakfast hours by showing a valid work ID. The free meals will be available to all educators, including teachers, administrators and school staff, the company said. who’s ur fav educator we should put on our sign? pic.twitter.com/ZFmXKI8nU5 — McDonald's (@McDonalds) October 8, 2021 The free meals will include an entrée breakfast sandwich, hash browns and a drink. “We…

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by Nicole Valinote
News
COVID-19: Millions Of Phony N95 Face Masks Distributed In US COVID-19: Millions Of Phony N95 Face Masks Distributed In US
Covid-19: Millions Of Phony N95 Face Masks Distributed In US Millions of fake N95 face masks were purchased - and in some cases used - by hospitals, medical facilities, and government agencies in five states, according to The New York Times and various media outlets. Many of the masks were stamped with the 3M logos and shipped in boxes that said “Made in the USA” even though neither claim is true, said the NYT citing federal investigators with Homeland Security.  News of the investigation first broke in the Associated Press. 3M is a major American manufacturer of professional-grade face masks. The company has produced billions of masks since the…

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by Kristin Palpini
Business
Stew Leonard's Wants To Send Thousands Of Burgers To North Korea Summit Stew Leonard's Wants To Send Thousands Of Burgers To North Korea Summit
Stew Leonard's Wants To Send Thousands Of Burgers To North Korea Summit When North Korean leader Kim Jong Un made a comment about opening a hamburger joint in Pyongyang, and with President Donald Trump headed that way, Stew Leonard's came up with just the right idea -- a burger summit. To help it happen, Stew Leonard, Jr., the CEO of Stew Leonard’s farm fresh food stores, came up with what he hopes is a way to make peace a little closer by offering to donate 10,000 burgers to the Trump-Kim peace summit. Stew Leonard’s, which sells over 30 million pounds of beef a year throughout the tri-State area, has offered to donate burgers with “USA” stamped in the middle …

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by Kathy Reakes