VENTURE CAPITAL POST

The Sofitel Philippine Plaza in Manila concluded its operations on June 30, 2024 after around half a century of hospitality in the Manila Bay area.

Look at these fast food restaurants' deals and freebies that you can grab this summer!

Hooters shutters numerous underperforming outlets across the US due to economic issues.

Gotham Restaurant in New York closed following a $45,000 payroll cyberscam, and its co-owner is advising other companies to beware.

Australian Mexican restaurant chain Guzman y Gomez went public on June 20, 2024 at the Australian Stock Exchange and traded over 30% north of its IPO of A$22 ($14.67) per share.

Rubio's Coastal Grill files for Chapter 11 bankruptcy protection, citing high operating costs in California, resulting in the closure of 48 restaurants.

The owners of No Name Sports Bar, a hospitality establishment in Sebastian, Florida, received a lawsuit from two of its former employees for their alleged disability discrimination.

Chipotle CEO Brian Niccol dismissed social media claims that the restaurant’s portion sizes have been shrinking due to inflation.

The price transparency law of California will take effect on July 1. Here's what you need to know.

Celebrity chef Gordon Ramsay's restaurant chain faced a threefold increase in losses, reaching £3.4 million ($4.89 million) last year, due to investments in opening five new dining establishments.

Red Lobster is facing potential financial difficulties due to its increasing debt and may be considering filing for Chapter 11 bankruptcy.

The infamous Salt Bae restaurant will cut down its heating expenses due to increasing energy bills, amid expensive steak prices.

McDonald's and Starbucks blamed the Israel-Hamas conflict for a sales drop in 2023.

Pittsburgh’s culinary sector is growing fast as the city host more and more projects in the past few years. Cheap rent is believed to have drawn a lot of people, especially youth, to pursue their project in the city.

Los Angeles is the first city in the U.S. to enjoy Uber’s new service, UberEats. Uber launched the new feature as a standalone app whereas a special, food-handling-certified driver will handle food orders and delivery from hundreds of restaurants across the city.