Who killed Red Lobster?

It’s starting to look like every market is becoming a one-trick pony. Since the summer, stock markets would have been down – were it not for the Big Tech companies galloping ahead on the back of AI. Corporate bond issuance and even the US dollar are also riding high on the AI tra ...  Show more

While most people are distracted by the latest blow-up in US Treasuries, our hosts Katie Martin and Rob Armstrong lift the lid on a less watched corner of the debt markets. The world’s hyperscalers – giant companies such as Amazon and Meta – need to borrow as much as they can to ...  Show more

The seafood chain found itself deep in the red after a disastrous unlimited shrimp promotion. Wall Street Journal restaurant reporter Heather Haddon explains what sunk Red Lobster — and the troubled waters facing other casual dining chains. This episode was produced by Denise Gue ...  Show more

Red Lobster used to be one of the biggest names in the world of casual dining — but now the restaurant chain is on the brink of collapse as it files for bankruptcy protection. Was its famous "endless shrimp" promotion really too much for the restaurant to handle? Or is this more ...  Show more

Red Lobster redefined American dining habits by making seafood accessible to people living outside the coasts. But its heyday didn’t last. Casual observers believe Red Lobster’s demise was an open-and-shut case of an all-you-can-eat deal backfiring. But there are plenty of other ...  Show more

Matt and Katie discuss Red Lobster's shrimpy bankruptcy, Citi's software design and unconscious investing.See omnystudio.com/listener for privacy information.