[ad_1] Minneapolis CNN — At the onset of the pandemic, the restaurant business was one of the hardest hit in the United States. More than 5 million jobs were lost in a matter of weeks — almost half the industry. The jobs were initially slow to return as some restaurants …
Read More »5 things to know for Jan. 10: Severe weather, Biden, Congress, Golden Globes, Twitter
[ad_1] CNN — What makes for a good seat on an airplane? Some say the window view, while others believe legroom is most important – and will even pay substantially more for a few extra inches of space. Airlines know that comfort is your top priority, but a growing number …
Read More »Olive Garden parent raises outlook
[ad_1] An Olive Garden restaurant in Times Square in New York Richard Levine | Corbis | Getty Images Darden Restaurants on Friday reported quarterly earnings and revenue that beat Wall Street’s expectations, as consumers continued to eat out despite pressure from inflation. The company also raised its earnings outlook for fiscal 2023 …
Read More »Goldman Sachs downgrades Cheesecake Factory amid inflation
[ad_1] Inflationary challenges will bite into Cheesecake Factory ‘s stock next year, according to Goldman Sachs. Analyst Jared Garber downgraded Cheesecake Factory to sell from neutral. He also lowered his price target for the stock to $29, which reflects a downside of 12.2% over Friday’s close. The stock traded 3.1% …
Read More »Albania’s last ‘restaurant bear’ is finally at a sanctuary
[ad_1] CNN — After over twenty years in captivity, Mark, the last of Albania’s “restaurant bears,” has safely arrived at his new home, an animal sanctuary in Austria, according to the animal rescue group Four Paws International. So-called “restaurant bears” have historically been kept in tiny cages near restaurants or …
Read More »One of NYC’s oldest LGBT bars is officially a historic landmark
[ad_1] CNN — Julius’ Bar, one of New York City’s oldest LGBT bars and the location of a crucial 1960s protest, has been officially recognized as a city landmark. The bar was officially recognized by the New York City Landmarks Preservation Commission on December 6th, according to a news release …
Read More »Prosecutors want $100 million NJ deli SEC case postponed
[ad_1] Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Federal prosecutors in New Jersey want the Securities and Exchange Commission to postpone its civil case against the alleged masterminds behind a $100 million fraud scheme involving a small-town deli so it won’t get in the way of their ongoing criminal …
Read More »Map of Starbucks stores that voted to unionize
[ad_1] A year ago, workers at a Starbucks store in Buffalo, New York, voted to unionize, a first for the chain. The union win at the Elmwood Avenue location has since spurred more than 300 of the chain’s cafes to follow suit with their own petitions for union elections and …
Read More »Ferrero to buy Halo Top owner Wells to further U.S. expansion
[ad_1] Halo Top pints of ice cream in Los Angeles, California. Kirk Mckoy | Los Angeles Times | Getty Images Candy maker Ferrero is buying Wells Enterprises, the ice cream giant that owns Blue Bunny, Blue Ribbon Classics and Halo Top. The two privately held companies did not disclose financial …
Read More »McDonald’s hopes discounts, contests boost mobile sales
[ad_1] The Ronald McDonald balloon floats past Radio City Music Hall during the 96th Annual Macy’s Thanksgiving Day Parade in New York City on November 24, 2022. Yuki Iwamura | AFP | Getty Images Last holiday season, McDonald’s leaned on singer Mariah Carey’s starpower and discounts to drive customers to …
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