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Biden Asserts Executive Privilege , Over Audio of Interview With Robert Hur.<br/>In February, Hur's yearlong investigation <br/>into whether President Biden mishandled classified documents ended without enough evidence to support criminal charges.<br/>In February, Hur's yearlong investigation <br/>into whether President Biden mishandled classified documents ended without enough evidence to support criminal charges.<br/>House Republicans were provided a <br/>transcript of Biden's interview with Hur, but they wanted the audio, which the DOJ denied.<br/>As a result, House Republicans were <br/>moving to hold Attorney General <br/>Merrick Garland in contempt of Congress.<br/>On May 16, the Department of Justice told House Republicans that the president asserted executive privilege over audio from his interview with the special counsel.<br/>The move protects Garland from criminal exposure as GOP lawmakers seek to hold him accountable.<br/>Assistant Attorney General Carlos Uriarte <br/>explained the DOJ's actions in a letter.<br/>The Attorney General must draw a line <br/>that safeguards the Department from <br/>improper political influence and protects <br/>our principles, our law enforcement work, <br/>and the people who carry out that work <br/>independently, without fear or favor, Assistant Attorney General Carlos Uriarte, via letter .<br/>The Committees seek to hold the <br/>Attorney General in contempt <br/>not for failing in his duties, <br/>but for upholding them, Assistant Attorney General Carlos Uriarte, via letter .<br/>With the information you now have, <br/>the Committees ought not to proceed <br/>with contempt and should instead avoid <br/>unnecessary and unwarranted conflict, Assistant Attorney General Carlos Uriarte, via letter .<br/>White House Counsel Ed Siskel also wrote a letter supporting the assertion of executive privilege. .<br/>The absence of a legitimate need <br/>for the audio recordings lays bare <br/>your likely goal—to chop them up, <br/>distort them, and use them for <br/>partisan political purposes, White House Counsel Ed Siskel, via letter
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Red Lobster Announces, Nearly 100 Locations , Will Be Shut Down.<br/>NBC reports that approximately 99 Red Lobster locations <br/>will be auctioned off as the seafood chain faces <br/>questions regarding the company's long-term future.<br/>Founder and CEO of the liquidation firm TAGeX Brands, <br/>Neal Sherman, said he would lead the closure of over <br/>50 locations in a May 13 LinkedIn post.<br/>Sherman said equipment from the <br/>locations will be auctioned off.<br/>Locations will reportedly be closed across <br/>the United States, including Denver, <br/>Indianapolis, California and New York.<br/>On May 14, Restaurant Business Magazine reported <br/>a total of 99 locations would close, representing <br/>about 15% of the company's 700 locations. .<br/>NBC reports that the largest seafood <br/>restaurant in the U.S. has struggled with debt, <br/>unfavorable leases and executive turnover.<br/>The chain's troubles also stem from ill-advised <br/>strategies like an all-you-can-eat-shrimp promotion <br/>in 2023 that resulted in a significant loss.<br/>Earlier in 2024, the chain's largest investor, <br/>Thai Union, announced that it would <br/>seek to exit its position. .<br/>The combination of Covid-19 pandemic, <br/>sustained industry headwinds, higher <br/>interest rates and rising material and <br/>labor costs have impacted Red Lobster, <br/>resulting in prolonged negative <br/>financial contributions to <br/>Thai Union and its shareholders, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC.<br/>After detailed analysis, we have <br/>determined that Red Lobster’s <br/>ongoing financial requirements <br/>no longer align with our capital <br/>allocation priorities and <br/>therefore are pursuing an exit <br/>of our minority investment, Thiraphong Chansiri, Thai Union Group’s CEO, via NBC
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Vladimir Pereverzin is a former businessman from Russia. He was imprisoned for seven years in some of Russia'’s most notorious jails and penal colonies on fabricated charges of embezzlement and fraud.<br/><br/>Pereverzin tells Business Insider about life in Russian jails and prisons, including details about police interrogations, solitary confinement, and forced labor. He describes the conditions in prison camps and discusses his time behind bars at several of the penal colonies that also held the Russian opposition leader Alexey Navalny. <br/><br/>Pereverzin worked in Cyprus for Yukos, an oil company owned by the billionaire businessman Mikhail Khodorkovsky. In 2005, Khodorkovsky was sentenced on charges of fraud, which were widely considered to be politically motivated. Russian prosecutors accused other Yukos executives alongside Khodorkovsky, Pereverzin among them.<br/><br/>Pereverzin's book about his experiences, \
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Budget airline easyJet has revealed boss Johan Lundgren will step down in 2025 after seven years at the helm as it reported improved half-year losses. The carrier said Mr Lundgren, who became chief executive in December 2017, will leave early next year and will be succeeded by chief financial officer Kenton Jarvis, who has been with the group since February 2021.
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