Restaurant operators across the nation are awaiting the benefits of the $2 trillion stimulus package, also known as the CARES Act, signed by President Donald Trump on March 27.
Yum! Brands announced Monday that CEO David Gibbs will forego his salary and donate the money in the form of bonuses for managers and to an employee relief fund.
The U.S. House of Representatives passed a $2 trillion economic stimulus package Friday afternoon, which will now go to President Donald Trump’s desk for him to sign.
McDonald’s is suspending its all-day breakfast menu to limit the pressure on its stores during the COVID-19 pandemic.
A record 3.28 million filed for unemployment in the week ending March 21, a large portion of which came from the foodservice industry, according to a repor
Wendy’s gave an update Thursday on the financial effects of the COVID-19 pandemic, including a notable drop in sales and exponential growth in drive thru.
Luby’s announced Tuesday morning that it is temporarily closing 35 restaurants and furloughing more than half of its corporate office to limit the negative effects of the COVID-19 pandemic.
After mandated closures swept across most of the country due to the coronavirus, Subway announced Friday that it will shutter in-restaurant dining and switch to a takeout/delivery model.
In a major step to combat the coronavirus pandemic, President Trump signed a $100 billion relief package into law Wednesday night, which includes paid emergency leave for many workers.