Latest Restaurant operators News

FILE - In this Thursday, April 2, 2020 file photo, Jovita Carranza, administrator of the Small Business Administration, speaks about the coronavirus in the James Brady Press Briefing Room of the White House n Washington, as Vice President Mike Pence, President Donald Trump listen. Millions of small businesses are expected to apply for a desperately needed rescue loan Friday, a stern test for a banking industry that has had less than a week to prepare for the deluge. Small businesses will be seeking loans from the $349 billion Paycheck Protection Program, which was put in place to help them retain workers and pay bills during the coronavirus pandemic. (AP Photo/Alex Brandon, File)

Small business relief program launches, hits snags

Apr. 3, 2020 6:35 PM EDT

NEW YORK (AP) — The federal government’s $349 billion relief program for small businesses got off to a rocky start Friday as hundreds of thousands tried to apply for desperately needed loans. Many small business owners ran into bureaucratic or technological road blocks. Some even discovered their...

In this April 1, 2020, photo, President Donald Trump speaks about the coronavirus in the James Brady Press Briefing Room of the White House in Washington. At a time of social distancing,Trump is leaning into his plea to Congress to restore full tax benefits prized by business for fine dining and schmoozing. Trump is seizing on the pandemic crisis to target an item on his wish list: full tax deductions for business meals in restaurants and for other entertainment expenses. (AP Photo/Alex Brandon)

Boost the schmooze? Trump wants tax dining deduction back

Apr. 3, 2020 12:41 AM EDT

WASHINGTON (AP) — It may be an odd gesture at a time of social distancing, but President Donald Trump is leaning into his plea to Congress to restore full tax benefits prized by business for fine dining and schmoozing. Trump is seizing on the pandemic crisis to push for an item on his economic wish list:...

Lauren Friel, owner of Rebel Rebel Wine Bar, in Somerville, Mass., stands for a portrait at the wine bar, Thursday, April 2, 2020. An Associated Press review of the small business aid passed by Congress as part of its coronavirus stimulus package shows that larger companies could quickly claim a disproportionate share of the money, squeezing out many small, locally-based businesses. (AP Photo/Steven Senne)

Stimulus aid for 'small business' will go to some big chains

Apr. 2, 2020 4:09 PM EDT

IOWA CITY, Iowa (AP) — As the federal government prepares to launch a $349 billion loan program meant to help small businesses survive the coronavirus pandemic, critics have growing concerns that some mom-and-pop shops might get squeezed out. The Paycheck Protection Program — part of the $2 trillion...

FILE - In this Feb. 1, 2020, file photo, funeral home workers remove the body of a person suspected to have died from the coronavirus outbreak from a residential building in Wuhan in central China's Hubei Province. Skepticism about China’s reported coronavirus cases and deaths has swirled throughout the crisis, fueled by official efforts to quash bad news in the early days and a general distrust of the government. In any country, getting a complete picture of the infections amid the fog of war is virtually impossible. (Chinatopix via AP, File)

The Latest: Israel's health minister has new coronavirus

Apr. 2, 2020 1:13 AM EDT

The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: ___ — Isreaeo's health minister diagnosed with new...

Linda DeFrancesco stocks shelves with her farm's own salsa, spreads, veggies and salsa at DeFrancesco Farm Stand in Northford, Conn., Thursday, March 26, 2020. Businesses across the state are worried about the impact of the coronavirus, even the ones considered

Urgent question from small businesses: When will aid arrive?

Mar. 31, 2020 11:57 AM EDT

NEW YORK (AP) — When will the money arrive? That's the urgent question for small business owners who have been devastated by the coronavirus outbreak. They're awaiting help from the $2 trillion rescue package signed into law Friday. But with bills fast coming due, no end to business closings and an economy...

Phu Dang, left, the owner of i5 Pho restaurant, gets help from a contractor as he boards up his business, Monday, March 30, 2020, in Seattle's downtown Pioneer Square neighborhood. Dang closed his business to dine-in customers earlier in the month and had tried doing takeout only food in response to the new coronavirus pandemic, but he said his location did not attract enough customers for take out and he decided to fully close for the time being. He said his decision to board up came after a nearby business was broken into over the weekend. (AP Photo/Ted S. Warren)

Job cuts pile up, Ford to make ventilators at parts plant

Mar. 30, 2020 9:19 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related to the global economy, the work place and the spread of the virus. _______ AIR CARE: Britain’s health service is asking airline cabin crew who have been laid off to...

In this March 26, 2020 photo provided by Maureen Morin and Federico's Pizza, staff members of the Hackensack Meridian Jersey Shore University Medical Center give a thumbs-up in Neptune City, N.J., as they eat a donated meal from the Belmar, New Jersey pizzeria. With restaurants closed for all but takeout orders during the coronavirus outbreak, the owners of the pizzeria could have shut down and laid off their 20 employees. Instead, the business's owners took out a $50,000 line of credit and guaranteed their workers they'll stay on the payroll for at least two months. (Courtesy of Maureen Morin via AP)

Pizzeria borrows to keep workers on job, spurs donations

Mar. 29, 2020 9:54 AM EDT

BELMAR, N.J. (AP) — This is a story about bosses and their workers, in the dark days of COVID-19. It’s also a story about how one good turn deserves another and yet another. And this being New Jersey, it’s also a story about pizza. Bryan Morin and his brother Michael operate Federico’s...

California restaurants say 30% to close without state aid

Mar. 27, 2020 9:26 PM EDT

LOS ANGELES (AP) — As many as 30,000 California restaurants could close permanently because of coronavirus restrictions that have shuttered dining rooms and led to widespread layoffs, the industry warned Friday, while urging the state to delay tax payments and planned minimum-wage increases to help the...

In this photo made on March 20, 2020, Frisch's Big Boy restaurant employee Nicole Cox bags up an order of toilet paper, among in-demand items including milk and bread the double-decker burger chain is now offering during the coronavirus outbreak in Cincinnati, Ohio.  With business sinking under coronavirus outbreak restrictions,the nation's restaurants are transforming operations and menus to try to stay afloat. (AP Photo/Dan Sewell)

Restaurants, trying to stay afloat, revamp menus, operations

Mar. 27, 2020 12:10 PM EDT

CINCINNATI (AP) — In the battle to keep their New York City restaurant going despite sharp restrictions during the coronavirus outbreak, the owners of Il Posto Accanto tried something Beatrice Tosti di Valminuta would have considered sacrilege in normal times. That was offering their traditional Italian...

FILE - In this Saturday, March 7, 2020, file photo, Utah Jazz center Rudy Gobert (27) talks with guard Donovan Mitchell, left, during the second half of an NBA basketball game against the Detroit Pistons, in Detroit. Both players have tested positive for the coronavirus.  Gobert's test result forced the NBA to suspend the season. (AP Photo/Duane Burleson, File)

The Latest: AP source: Salary reductions for top NBA execs

Mar. 26, 2020 8:16 PM EDT

The Latest on the effects of the coronavirus outbreak on sports around the world: ___ Top NBA executives are having their base salaries reduced by 20% for the foreseeable future, a person with knowledge of the details said. The reductions affect the roughly 100 highest-earning executives, as the NBA joins the NHL...