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The sun was setting, dinner was waiting and President Donald Trump was making the short walk to his private residence when, on March 8, he suddenly made a detour to the press briefing room.Peeking through a half-opened pocket door, Trump caught the eye of a small handful of reporters and drew them closer."South Korea's going to be making a major statement at about 7 o'clock," Trump said coyly. Vice President Mike Pence stood silently behind him. 457
The restaurant industry has been reshaped in the past six months. We’ve seen more pivots to take-out and outdoor dining, but could we see a more drastic shift.New data from Bank of America shows sales at independent chains are still down about 15%."Right now, it is just sad. People are exhausting their personal savings. They are shutting their businesses and they just don’t know what to do,” said Andrew Rigie.Rigie is with the New York City Hospitality Alliance. In NYC alone, at least 1,289 restaurants have closed since March, according to the Office of New York Comptroller. Across the country, Yelp has gathered data from its platform that show that number is around 16,000.“It’s a really dire situation,” added Rigie.The situation is the direst for independent restaurants, because the same Bank of America study that showed sales still down 15% at mom and pop restaurants, shows chain restaurant sales are now up 2% higher than they were pre-pandemic.Industry experts believe a continuing trend of these numbers could reshape the industry.Chains restaurants are now in a better position to replace space occupied by folded restaurants or struggling ones, potentially shifting the flavor of the restaurant industry toward chain food.“I’m not knocking or saying there is anything bad about a chain, but we really want our beloved mom and pop businesses,” said Rigie. "We really need support from the federal, state and local governments to ensure these places are able to recover.”Legislation was presented to Congress in June, the Restaurants Act, to help struggling independent restaurants with grant money. However, there has been no vote on the bill or any signs it could pass.Without additional help, the latest estimate by the Independent Restaurant Coalition is that upwards of 85% of independent restaurants could fold by the end of the pandemic. 1870
The US Supreme Court has ruled in favor of Black Lives Matter protest organizer Deray Mckesson.A Louisiana police officer had sued to hold Mckesson accountable for injuries the officer sustained in 2016 when he was hit by a heavy object.Mckesson didn't throw the object.The person who did is still unidentified.A lower court ruling had allowed the suit to move forward.Critics said the decision would dismantle the Civil Rights era precedent safeguarding the first amendment right to protest.The Supreme Court's decision wiped away the earlier ruling, sending the case back to the lower courts to further review Louisiana law.The justices ruled the case needed more guidance from state courts before important constitutional questions are considered. 758
The vice presidential debate between Mike Pence and Kamala Harris next week will go on as scheduled after President Donald Trump, the First Lady, and others have tested positive for the coronavirus on Friday.An official with the Commission on Presidential Debates confirmed that no changes are anticipated to the Wednesday night debate in Salt Lake City. Both Pence and Harris underwent tests for the coronavirus on Friday and tested negative.Pence’s physician said in a memo that the vice president was not considered a “close contact” of anyone infected with COVID-19 and was not required to quarantine.“Vice President Mike Pence remains in good health and is free to go about his normal activities,” said Navy Lt. Commander Dr. Jesse Schonau in a statement.The one debate between the vice presidential candidates will take place Wednesday in Salt Lake City at the University of Utah. It will be moderated by Susan Page, the Washington Bureau Chief for USA Today. 974
The U.S. government is investigating the Equifax breach.In an unusual move, the Federal Trade Commission confirmed on Thursday that it has opened a probe into the Equifax debacle, which may have compromised the personal information of as many as 143 million Americans."The FTC typically does not comment on ongoing investigations," Peter Kaplan, the FTC's acting director of public affairs, said in a statement. "However, in light of the intense public interest and the potential impact of this matter, I can confirm that FTC staff is investigating the Equifax data breach."A spokesperson for Equifax said the company is "actively engaging with and being responsive to regulators, federal agencies and legislators and expect to continue to do so in the future."The company's stock dropped another 8% in early trading Thursday following the FTC statement. The stock fell 15% on Wednesday on investor concerns of an impending investigation.The confirmation comes one day after Sen. Mark Warner sent a detailed letter to the acting head of the FTC calling for an investigation into Equifax's handling of the breach.In particular, Warner called for the agency to scrutinize Equifax for potential security lapses and its poor handling of customer service after the breach was disclosed.Earlier this week, a bipartisan group of dozens of senators also sent a letter urging the FTC, Department of Justice and the Securities and Exchange Commission to investigate Equifax over its executives' stock sales.Three Equifax executives sold shares of the credit-reporting firm worth nearly million shortly after the breach was discovered. The sales came before the breach was announced to the public.Equifax may not be the largest data breach ever in terms of the number of people affected, but it may be more significant because of the sensitive information at risk: social security numbers, addresses and the numbers of some driver's licenses.Maura Healey, the attorney general of Massachusetts, said this week she intends to file the first state lawsuit against Equifax over the breach.Jeb Hensarling, a Republican Congressman from Texas and the chairman of the House Financial Services Committee, said last Friday that preparations are already underway for a congressional hearing on the matter. 2361