Danny Meyer, CEO of Union Square Hospitality Group and founder of Shake Shack, says businesses receiving stimulus money have an obligation to "be the employer and business they once were," and make sure laid off employees can return to work. He draws an analogy between the pandemic and the hospitality industry in New Orleans after Hurricane Katrina, saying, "I feel like this country has had almost like the neutron version of a hurricane. We can't see it, but it's there." He then discusses the likelihood that 50-75% of restaurants in the U.S. may be permanently shuttered by this crisis.
More from GZERO Media
REUTERS/Firas Makdesi
The freshly un-herniated Bibi flexed some muscle beyond Israel’s borders on Monday, as an apparent IDF air strike flattened the Iranian consulate in Damascus
After stalling a vote for months, House Speaker Mike Johnson hinted Sunday that he may introduce a new Ukraine aid package when Congress returns next week.
Hard Numbers: South Africa’s water crisis, Chinese manufacturing growth, New British Museum probe, Japan’s royal Insta debut
April 01, 2024
REUTERS/Firas Makdesi
Hard Numbers: South Africa’s water crisis, Chinese manufacturing growth, New British Museum probe, Japan’s royal Insta debut
REUTERS/Dawoud Abu Alkas
The Israeli military on Monday confirmed its withdrawal from Shifa Hospital, Gaza’s largest health facility, concluding a raid that lasted roughly two weeks and sparked criticism from the WHO and international rights groups.
REUTERS/Luc Gnago
The Easter Bunny is sweating over his chocolate bill this year thanks to rising prices.
Ian Bremmer's Quick Take: The one thing that almost all Americans today can agree on is that their political opponents at home are fundamentally opposed to democracy. When you believe that your political opponents are opposed to democracy, you take away their value as people, you think that their political views are wrong and they need to be erased.
Is the terrorist threat to Europe back after what happened in Moscow? Carl Bildt, former prime minister of Sweden, shares his perspective on European politics from Stockholm.
The roads around the Knesset, Israel’s Parliament, were jam-packed yesterday with Israelis demanding a cease-fire and early elections.
REUTERS/Umit Bektas
Turks delivered a blow to President Recep Tayyip Erdoğan on Sunday in local elections amid crippling inflation, with the biggest result rocking Istanbul's mayoral race
The debate around the US banning TikTok is a proxy for a larger question: How safe are democracies from high-tech threats, especially from places like China and Russia?
© 2020 GZERO Media. All Rights Reserved | A Eurasia Group media company.