Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 131
Financing

TGI Friday's, Ruby Tuesday among chains that received PPP funds

The SBA released detailed information revealing which companies received federal stimulus dollars. Here's a look at some of the restaurants that received them.

Operations

Miami-Dade recloses restaurant dining rooms

Its mayor says the emergency action is needed to keep local hospitals from being overwhelmed, making it the latest major jurisdiction to shut down over the coronavirus resurgence.

Places that are lax on safety measures will be closed or fined, and customers are being implored to follow protocols.

Squads drawn from seven state agencies will work with county officials to crack down on repeat offenders. Gov. Gavin Newsom cited restaurants and bars as prime examples.

Still, they're getting only a portion of restaurant rents because places just can't afford to pay, new research indicates.

7 of 10 say they would like to see more stimulus spending aimed specifically at helping the hospitality industry.

The rollback of on-premise service will last at least three weeks, Gov. Gavin Newsom said.

The postponements, a result of the surge in new coronavirus infections, are indefinite.

The association said it will launch a program later this summer to flag establishments that have undergone special training and met all safety recommendations.

Loans will continue to be offered to small businesses for another five weeks, but Treasury Secretary Mnuchin had raised the possibility of using the remaining funds specifically to help restaurants.

The Federal Trade Commission warned that con artists and consumer collaborators are trying to fool businesses with bogus passes.

Miami threatens immediate 10-day shutdowns, while Arizona closes bars.

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