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Fortune.com news digest

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    ‘We inherited a very damaged brand’: Red Lobster CEO says the seafood chain coul...

    Red Lobster’s millennial CEO is charting a future for the previously beleaguered seafood chain in shallower waters: Damola Adamolekun, 37, said that shrinking the restaurant’s footprint and slimming down menus will be key to the company’s success.
    This comes after years of challenges for the seafood chain, which filed for bankruptcy and was forced to close dozens of restaurants to improve its bottom line. But Adamolekun, who also helped usher in a recovery for Asian-fusion chain P.F. Chang’s,...

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    Trump’s Canada bridge meltdown dismissed by UBS as an unlikely TACO trade ‘in th...

    A year ago, if the Oval Office had threatened to axe a major piece of infrastructure shared with Canada, markets would have been in disarray. But it’s February 2026, and investors barely batted an eye.
    Overnight, President Trump made a series of threats against the Canadian government, including blocking the Gordie Howe International Bridge, which connects the state of Michigan with the Canadian province of Ontario and was expected to open this year...

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    Cisco’s CEO Chuck Robbins slams ‘stupid’ interviews for internal promotions—inst...

    With the cost of living climbing and many companies planning to hand out uninspiring “peanut butter raises” this year, workers are scrambling to figure out what actually earns a promotion in 2026. And according to Cisco CEO Chuck Robbins, the answer...

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    Agentic commerce will reward the fastest learners, not the biggest retailers

    It’s taken over 20 years for e-commerce to get to 16% of global retail sales. If we draw a parallel, agentic commerce will be much faster. I predict we’ll get to 10% in three to five years.
    The mass consumer adoption of AI technologies, whether that’s OpenAI’s ChatGPT with 800 million weekly active users or Google AI with 1.5 billion monthly active users, means there’s a huge, scaled audience already for agentic commerce....

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Web host: Amazon.com, Inc.
Registrar: MarkMonitor Inc.
Registrant: FORTUNE MEDIA IP LIMITED
Updated: April 30, 2025
Expires: June 01, 2027
Created: June 02, 1994

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