Waco leaders say COVID-19 expenses outpace federal support wacotrib.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wacotrib.com Daily Mail and Mail on Sunday newspapers.
Stonington Water Street Café co-owner Stephanie Hayes-Houlihan was glad U.S. Sen. Richard Blumenthal visited her establishment Wednesday afternoon.
As a way to both better understand the struggles of business owners during the COVID-19 pandemic and promote how a new stimulus package can help restaurants such as Hayes-Houlihan’s, Blumenthal went to Match Restaurant in South Norwalk and Water Street Café on Wednesday. He met with the owners of each restaurant to discuss maintaining their businesses amid a downturn caused by the pandemic.
Blumenthal and Hayes-Houlihan said they’d talked early on in the pandemic about the challenges facing restaurants. He spoke of the need for funds among small businesses throughout the state and country.
NC tops 3,000 hospitalizations for the first time during the COVID pandemic Ben Sessoms, The News & Observer (Raleigh, N.C.)
Dec. 22 North Carolina has over 3,000 people in hospitals due to COVID-19 for the first time since the pandemic started.
Daily hospitalizations have increased by nearly 1,000 since the beginning of December, according to data from the state Department of Health and Human Services. On Dec. 1, there were 2,033 people in the hospital due to the virus.
DHHS reported 5,255 new cases statewide on Tuesday and over 45,000 tests taken over the past day.
The seven-day average for new cases is at 6,043, the fifth day in a row that the average has been over the 6,000 mark.
LI business gets $660G tax break to expand in Deer Park newsday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsday.com Daily Mail and Mail on Sunday newspapers.
The crisis evaporated its customer base, and Cracker Barrel opted to shore up its own liquidity in March instead of helping Punch Bowl stay afloat.
CEO Robert Thompson, who founded Punch Bowl in 2012, exited the company in the midst of the pandemic. Its primary lender CrowdOut Capital became a partial owner and hired a new chief executive: John Haywood, who has earned a reputation as a turnaround specialist.
Punch Bowl has liabilities of between $10 million to $50 million, according to bankruptcy filings. It owes more than $10 million for a Payment Protection Program loan to JPMorgan Chase, its top creditor. The majority of its other creditors are leaseholders from its locations scattered across the country.