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politics

Operations

CDC chief warns of another COVID surge if states don't slow their reopenings

Walensky's emotional alert comes as restaurants report strenghening sales under loosened restrictions.

Financing

Stimulus bill with $29B in direct restaurant aid appears headed for passage

The $1.9 billion American Rescue Plan, which features grants to restaurants in need, overcame a key challenge over the weekend.

Senators from both parties are airing alternatives to the $15-an-hour proposal that was swatted down Thursday night.

More than 80% of operators said their recovery would be hurt by the higher minimum, with cuts in hours and jobs, according to a National Restaurant Association survey.

The department is seeking a two-month postponement to further study the rule change proposed by the Trump administration.

The aid package would provide grants of up to $5 million per unit, with few spending restrictions, and is targeted at those that need it most.

A detailed economic analysis shows nearly 1 million workers would be pulled out of poverty, but 1.4 million jobs would be eliminated.

Even such sticklers as Andrew Cuomo are cutting operators some slack.

The upper chamber also cleared the way for package of a relief bill that includes $25 billion in restaurant aid.

In a flurry of activity and a host of public addresses, the new president has revealed plans with significant implications for the industry.

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