New York Cuts Capacity for Restaurants as Coronavirus Concerns Mount
In an effort to curb the spread of the coronavirus, officials in New York are reducing the capacity of facilities of 500 or less by 50 percent, which includes restaurants and bars.
Legal
Surprise Restaurant Shutdowns Could Decrease with Proposed Bills
Members of both houses of Congress introduced bills in late November that would require restaurants to notify employees 90 days in advance of a location closing.
Unexpected Gaps in Your Restaurant’s Insurance Recipe
Overlooking one simple ingredient can ruin an entire dish. Insurance works the same way; omitting one critical coverage can ruin an entire business.
A Minimum Wage War Brews for Restaurants
Labor shortages, rising wages, and mounting overhead costs are pushing the restaurant industry to think broader than the bare minimum.
DOL Unveils Final Overtime Rule
A new final overtime rule will raise certain employee earning levels to account for growth and changing pay practices, the Department of Labor announced September 24, making an estimated 1.3 millio ...
Kona Grill Sold for $25M to STK’s Parent Company
Bankrupt Kona Grill’s next chapter comes with a new owner. The One Group Hospitality— parent company of STK Steakhouse—agreed to acquire the polished chain on September 3 for $25 million. ...
Arbella Insurance Group Launches Edge Program for Restaurants
The Arbella Insurance Group announced the launch of Arbella Edge for Restaurants, a new, comprehensive coverage endorsement available to owners of individual restaurants and small to mid-size chain ...
House Passes Bill to Raise Minimum Wage to $15
A new bill, which would increase the federal minimum wage from $7.25 to $15, passed July 18 in the U.S. House of Representatives.
Investor Pushes for Takeover of Red Robin
Activist investor Vintage Capital, which holds 1.5 million shares or about 12 percent of Red Robin's stock, has offered to buy the remaining 88 percent of the struggling burger chain. ...
