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How Private Equity Is Behind Red Lobster And TGI Fridays’ Bankruptcies

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Between 2014 and 2024, private equity firms invested more than $90 billion into U.S. restaurants and bars. Red Lobster and TGI Fridays were two of the most notable. The two casual dining giants were acquired through a transaction type called a leveraged buyout that ultimately contributed to their bankruptcies in 2024. Watch the video above to learn more about the most commonly used strategies by private equity firms, including sale-leasebacks and roll-ups, to try to turn a company around.

Chapters:
0:00 Introduction
1:16 Chapter 1. What is private equity?
4:33 Chapter 2. When private equity takes over
8:59 Chapter 3. What’s next on the menu

Produced by: Natalie Rice
Edited by: Darren Geeter
Animation: Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Sources: PitchBook
Additional footage: Getty Images, Red Lobster, P.F. Chang’s

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How Private Equity Is Behind Red Lobster And TGI Fridays’ Bankruptcies

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Greg Abel Will Take The Stage From Warren Buffett At Berkshire Meeting

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Investors will be closely watching this year’s Berkshire Hathaway Annual Shareholders Meeting on Saturday as Greg Abel takes center stage as the company’s new leader. Abel, who took the baton from Warren Buffett in January, will host the annual gathering for the first time as CEO. The Oracle of Omaha will still be at the event but it’s Abel’s turn to shine. CNBC’s Yun Li reports on what investors are expecting from this year’s meeting and how the firm may shape up in the post-Buffett era.

Reporter: Yun Li
Produced, Shot and Edited by: Kaan Oguz
Managing Producer: Anuz Thapa
Production Support: CJ Haddad
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images

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Greg Abel Will Take The Stage From Warren Buffett At Berkshire Meeting

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Why the American EV dream is unraveling

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Automakers, battery makers and suppliers directed hundreds of billions of dollars into electric vehicle investments across the U.S. in recent years, and almost half of that had been planned for the South.

But companies have now canceled EV plans and some have faced write-downs.

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Why Investors Are Bullish On Neoclouds

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Investors are bullish on the emerging crop of companies known as neoclouds, which focus on AI-dedicated computing infrastructure, even as industry insiders warn it will take longer for these ventures to become profitable than markets currently expect. CNBC’s Tobias Burns reports on the enthusiasm for neoclouds and the concerns surrounding them.

Reporter: Tobias Burns
Produced by: Jeff Huang
Shot and Edited by: Kaan Oguz
Production Support: CJ Haddad
Managing Producer: Anuz Thapa
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images

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Why Investors Are Bullish On Neoclouds

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We Chatted With xAI’s Grok Chatbot While Driving A Tesla In NYC — Here’s What Happened

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Tesla began rolling out xAI’s Grok AI chatbot in its cars in July 2025. It’s still in beta mode. Tesla is not the only automaker adding AI assistants to vehicles. Volvo, Rivian, Mercedes, BMW and others are all integrating AI into their cars even though the tech is still in its infancy. CNBC’s Rob Ferris takes a ride with attorney and Tesla Model Y owner Mike Nelson in New York City to see how he uses Grok and to find out how it integrates into Tesla’s Full Self-Driving (Supervised).

Reporting by Robert Ferris, Lora Kolodny
Camera and Editing by Erin Black
Senior Director of Video Jeniece Pettitt
Additional Camera Macklin Fishman, Darren Geeter

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We Tried xAI’s Grok Chatbot In A Tesla — Is It A Dangerous Distraction?

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How AI Is Transforming How Movies Are Made

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As Hollywood bleeds jobs and productions flee Los Angeles, a new hybrid studio called Innovative Dreams is betting AI can reverse the tide. Backed by Amazon Web Services and AI company Luma, the company combines the LED backdrops of virtual production with AI tools across the entire pipeline, preserving actor performances and traditional filmmaking techniques while dramatically cutting costs and timelines. The first project to use the technology, The Old Stories: Moses, a three-part series starring Ben Kingsley, shot over 40 locations in a single week on an LA soundstage, a job that would have taken a traditional production over a month. But as AI reshapes filmmaking, questions remain about whether it will create jobs, or quietly eliminate them. CNBC’s Julia Boorstin explores whether this new wave of AI-powered production could become a defining force in the future of Hollywood.

Chapters:
0:00 Introduction
2:41 Chapter 1 – Lights, camera, AI
4:42 Chapter 2 – Innovative Dreams
8:16 Chapter 3 – Hollywood’s future

Senior Correspondent: Julia Boorstin
Produced, Shot and Edited by: Andrew Evers
Senior Field Producer: Stephen Desaulniers
Senior Director of Video: Jeniece Pettitt
Additional Footage: Getty Images, Innovative Dreams

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How An Amazon-Backed Hollywood Production Startup Deploys AI For Speed And Cost-Cutting

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