Fat Brands confidentially files to IPO its Twin Peaks and Smokey Bones restaurant chains
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The Chicago Bulls earned the No. 11 pick in the 2024 NBA Draft from Sunday’s draft lottery in downtown Chicago, Chief Operating Officer Mark Tatum announced at McCormick Place. The Bulls entered with longshot odds to move into the top-four picks from the 11th-best odds. They owned a 9.4 percent chance to move into the top-four picks and a 2
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Red Lobster Files for Chapter 11 Bankruptcy
Red Lobster, the seafood chain known for its Cheddar Bay biscuits and endless shrimp deals, has filed for bankruptcy protection after months of financial woes and store closures. On May 19, Red Lobster Management LLC, which owns the restaurant chain, announced it has voluntarily filed for relief under Chapter 11 bankruptcy in the United States Bankruptcy Court for the Middle District of Florida. As part of the filings, Red Lobster says it plans to remain open and sell its businesses to existing...
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Red Lobster files for Chapter 11 bankruptcy
Red Lobster has filed for Chapter 11 bankruptcy and leaders plan to seek a buyer for the financially troubled seafood chain based in Orlando.