Junior’s Cheesecake owner Alan Rosen told CNBC on Monday that restaurants would be in serious financial trouble if they had to reopen and then close again due to the coronavirus pandemic. “This opening and closing could be the death sentence for restaurants in this country,” Rosen said in “Power Lunch.” …
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In the race to gain a competitive advantage in the burgeoning food delivery business, major players are dividing the map of the United States. UBER from Uber Technology Inc., + 5.99% intention to acquire privately owned Postmates Inc. for $ 2.65 billion after its failed offer by Grubhub Inc. GRUB, …
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The United States received good news Thursday with the rehiring of 4.9 million people in June, but the economy’s two steps forward in May and June could be followed by a step backward in July. The problem? A resurgence in coronavirus cases, especially in states that allowed their economies to …
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People queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020. Chandan Khanna | AFP | fake pictures The list gets longer. Governors in Michigan, Florida, Texas, California, Colorado and Arizona are closing thousands of bars again before the July 4 weekend as Covid-19 …
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McDonald’s Corp. is pausing to reopen the dinner service in the US as coronavirus cases continue to spread across the states. The hamburger giant said Wednesday it would wait three weeks before new US restaurants add a dinner service to its hawker, takeaway and delivery operations. “Our resistance will be …
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