Airbnb Inc. is close to submitting to go public in a move that would underscore a surprising handball for the house-sharing giant and the IPO market. The company plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before …
Read More »Southampton restaurateurs pay the price after Chainsmokers concert
It’s been two weeks since a botched charity concert with The Chainsmokers drew the wrath of Gov. Andrew Cuomo, and troubled Southampton restaurants say they’re still paying the price. Eatery owners in the posse beach town say they have had fourth visits since July 27 from a variety of state …
Read More »McDonald’s prosecutes former CEO Easterbrook, claiming he lied about relationships he had with workers
Steve Easterbrook, Chief Executive Officer of McDonald’s Corp., speaks during the opening of the company’s new headquarters in Chicago, Illinois, USA, on Monday, June 4, 2018. Joshua Lott | Bloomberg | Getty Images McDonald’s has sued former CEO Steve Easterbrook for allegedly lying in the company’s internal probe into his …
Read More »Restaurants lobby Congress for $ 120 billion “lifeline” because thousands have permanent closure
Of the 23 million people who lost their jobs early in the pandemic, more than 6 million worked in the food and beverage sector. A recent report predicts up to 230,000 restaurants may be permanently shaken by the end of 2020. Now restaurant owners have banded together to form the …
Read More »Restaurants are in ‘fight mode right now,’ says Dunkin ‘Brands CEO
A Dunkin ‘worker delivers coffee out of the car window wearing gloves and a mask as the Coronavirus continues to spread on March 17, 2020 in Norwell, Massachusetts. MediaNews Group | Boston Herald | fake pictures When the pandemic hit the United States, shutting down big and small restaurants across …
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