Trump Considers Restoring Full Corporate Tax Deduction for Meals
President Donald Trump Sunday floated the notion of restoring corporations’ ability to deduct the full cost of meals and entertainment from their taxes.
Danny Klein
The First 22 Days of March: Restaurants Have Lost $25 Billion
As evident by every metric trackable, the restaurant industry is changing by the day as COVID-19 demolishes any sense of normal.
Senate Passes Groundbreaking $2 Trillion Stimulus Package
The Senate late Wednesday passed a groundbreaking $2 trillion economic stimulus package intended to lift businesses and workers crippled by the COVID-19 pandemic.
Senate, White House Strike Historic $2 Trillion Stimulus Deal
A $2 trillion stimulus package was struck by Senate leaders and the Trump administration in the early hours Wednesday.
Grubhub CEO: 30 Percent of Restaurants Could Close
There’s a prevailing sense among operators today that the restaurant industry will look quite different on the other side of the COVID-19 pandemic.
McDonald’s to Shutter All U.K. Restaurants
McDonald’s said Sunday in a corporate statement that, by the end of Monday, all 1,270 of its U.K. restaurants would close due to COVID-19 concerns.
Starbucks Shuts Cafes Nationwide for at Least Two Weeks
Starbucks has acted aggressively since COVID-19 landed full force in the U.S.
The Rush Away From Restaurants Continues
Delivery, digital ordering, and takeout are growing in importance by the day.
