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Peter Romeo

Editor at Large

Articles by
Peter Romeo

Page 5
Financing

Restaurant rent delinquencies fell sharply in January

But nearly 4 of 10 still couldn't afford to pay their landlords in full, according to a survey. And the struggle got harder for minority-owned small businesses.

Financing

N.Y. restaurants press for on-site gambling

The industry wants the state to make eating and drinking places eligible for gambling licenses. Officials cite the $1.4 million a D.C. sports bar collected from on-site betting in less than four months.

Businesses that pay all of their delinquent charges will have the interest forgiven.

In a win for restaurants, the state Court of Appeals essentially ensured that the status quo will persist after Feb. 19.

All expenses incurred by the employees and their families will be picked up by the chain.

Jeff Lobdell, founder of Restaurant Partners Management, becomes vice chairman. Areas USA COO Richard Schneider was appointed treasurer.

The newly introduced proposal would go further than the Fast Act in some respects, such as requiring instruction from what sounds like unions.

A labor advocacy group said the House of Representatives' minority leader will give the campaign contributions he's received from the association to charity.

The Fast Act is now officially on hold until a 2024 referendum is held. But the war is on to capture the public's sympathies. And in the middle of it is McDonald's U.S. president.

The staff of a store in Northern California has voted to be represented by the same union group that's been organizing Starbucks.

The National Restaurant Association has been sued for using the proceeds to fund its lobbying. The plaintiffs want the practice stopped and reimbursement of the $15 that any employee paid for the course.

The bill passed Thursday is expected to save restaurants thousands of dollars. Mayor Adams has not revealed whether he'll sign it.

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