Tag: cafes
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DoorDash, Uber, Grubhub sue New York City over minimum wage for delivery workers
[ad_1] Delivery-app companies sued New York City on Thursday over a law that requires them to start paying tens of thousands of delivery workers a minimum wage starting next week. DoorDash DASH, Uber UBER and Grubhub filed lawsuits against the city, which announced the law last month. It mandates that delivery workers must be paid…
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Subway rolls out $80 million plan to bring deli slicers to its U.S. locations
[ad_1] Is Subway going after the Jersey Mike’s crowd? The sandwich-making giant, which ranks among the top 10 restaurant chains in terms of U.S. sales according to Nation’s Restaurant News, has announced an $80 million plan to bring deli slicers to all of its 20,000 domestic locations. As part of the initiative, the chain is…
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How hot dog champ Joey Chestnut made millions as ‘the world’s greatest eater’
[ad_1] Competitive eating champ Joey Chestnut hasn’t only been putting away hot dogs for almost two decades — he’s also put a few million dollars under his belt, including more than $500,000 last year alone. In fact, Chestnut, 39, who’s favored to win the Nathan’s Hot Dog Eating Contest on Coney Island for the 16th…
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This may be your best way to make money with S&P 500 Dividend Aristocrat stocks
[ad_1] Investors always want to make money, but they have different objectives for growth and income. Some people are interested in stocks that pay high dividends because they need regular income right now, while others believe that there is a correlation between steady increases in dividend payouts and high total returns over the long haul.…
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Like shoppers at a retail store, IPO investors are demanding discounts and displaying price sensitivity
[ad_1] IPO investors, much like retail shoppers in recent years’ inflationary environment, are demanding clear discounts and demonstrating sensitivity to price and valuations, according to Renaissance Capital. The provider of IPO exchange-traded funds and institutional research said that’s a positive — even if tech unicorns in the pipeline would prefer it were not the case.…
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How long can Nvidia’s growth support its high stock price?
[ad_1] Nvidia Corp. NVDA, +3.16% has been the best-performing stock of 2023, rising 179% through June 29. This performance has been based on investors’ expectation that the company can continue growing rapidly as data-center operators purchase its graphics processors to support their corporate clients’ rollout of artificial intelligence technology. Nvidia said it expects its sales…
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USDA approves ‘lab-grown’ chicken. What does it actually taste like?
[ad_1] Does chicken grown from cells actually taste like chicken? Americans will soon find out. This week, the U.S. greenlighted two brands to make cell-grown chicken for consumers. The two California-based companies, UPSIDE Foods and Eat Just, Inc., received grants of inspection from the U.S. Department of Agriculture, meaning the two brands finally achieved full…
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Americans are dining out and well
[ad_1] Inflation is causing people to spend more on groceries, and there are fears of a looming recession — but the post-pandemic trend of people venturing out to dine and have fun seems to be continuing. Despite high food prices, it seems that Americans are willing to splurge on fun and fine dining. In the…
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Darden Restaurants’ net income rises by 11.8%, while its profit outlook beats estimates
[ad_1] Darden Restaurants Inc., owner of Olive Garden and Longhorn Steak House, reported an 11.8% increase in fourth-quarter net income and a stronger-than-expected fiscal 2024 outlook on Thursday, but its stock fell in premarket trades. Darden’s DRI fourth-quarter profit increased to $315.1 million, or $2.58 a share, from $281.7 million, or $2.24 a share, in…
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‘It’s the reality of life.’ Disabled and DoorDashing for extra money at 67
[ad_1] William Smith worked in the restaurant industry his whole career and never thought much about retirement. When he was forced into retirement after getting hurt on the job, he had what he called a “pity party.” Now, at 67, he delivers for DoorDash to supplement his disability payments. His wife also is a “Dasher.”…