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government

Financing

Feds drop charges against Fat Brands Chairman Andy Wiederhorn

 By Jonathan Maze on Jul. 30, 2025

The U.S. Department of Justice filed a motion to dismiss all charges against the chairman of the franchise restaurant brand operator. He had been charged in a $47 million fake loan scheme.

Operations

Washington, D.C. reinstates the tip credit

 By Jonathan Maze on Jul. 29, 2025

The D.C. Council approved a compromise amendment that will ultimately preserve a 25% tip credit. The move comes amid reports of restaurant closures and job losses in the city.

Financing

Untangling what no tax on tips means for restaurants

By Joe Guszkowski and Lisa Jennings on Jul. 11, 2025

The Week in Restaurants: On this week’s episode of the restaurant news discussion podcast, we discuss the impact of no tax on tips, Wendy's new CEO and the toll of bankruptcies on the full-service segment.

Operations

U.S. Senate passes Trump's budget bill, including no taxes on tips

By Jonathan Maze on Jul. 01, 2025

The “One Big Beautiful Bill Act” includes multiple provisions backed by the National Restaurant Association. But it must pass the House before it can go to President Trump’s desk.

Financing

In Hispanic communities, restaurant traffic has weakened since the election

By Jonathan Maze on Jun. 25, 2025

Data from Black Box Intelligence shows weaker traffic to restaurants in areas with a heavy population of people with a Mexican heritage since the 2024 presidential election.

Financing

For some restaurants, not taxing tips could create more headaches

By Jonathan Maze on Jun. 02, 2025

The Independent Restaurant Coalition is urging Congress to reconsider a tax break on tips, saying it would further create an imbalance between servers and back-of-house workers.

Workforce

Los Angeles City Council approves a $30 minimum wage for hotel and airport workers by 2028

By Lisa Jennings on May 22, 2025

Hotel and airport concessionaires vehemently opposed the bill, which is scheduled for a final vote on Friday. Will the mayor sign it?

Financing

How the restaurant industry is adjusting to the Trump administration

By Jonathan Maze on May 21, 2025

A Deeper Dive: Michelle Korsmo, CEO of the National Restaurant Association, joins the restaurant finance podcast to talk about tariffs, immigration and the state of the restaurant business.

Leadership

Landry's CEO Tilman Fertitta to step down if confirmed for Trump post

By Joe Guszkowski on Mar. 24, 2025

Fertitta would leave the restaurant empire to become U.S. ambassador to Italy, but would retain a passive ownership stake.

Operations

National Restaurant Association: Tariffs would be a $12B hit to restaurants

By Jonathan Maze on Feb. 25, 2025

The trade group said that a 25% tariff on food and beverage products from Mexico and Canada would cut profits for the average operator by 30%.

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