restaurants

DC Council Approves Bill Allowing Restaurants and Bars to Impose 20% Service Fees

DC Council approves bill allowing restaurants/bars to add 20% service fees. Aimed at aiding struggling businesses, transparency and worker wages are addressed, though concerns and debate persist.

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Food Delivery Service Deliveroo Launches in Brisbane as Its Third Australian City After Success in Melbourne and Sydney

Global food delivery service Deliveroo is expanding further in Australia and will soon launch in Brisbane as its third city the country. The expansion came after experiencing a sustained growth in its first two cities since it launched in Australia on November last year.

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Chipotle beat Q4 earnings estimate

Chipotle said that its quarterly net income plunged 44%, marking it the worst period after the outbreak of an E.Coli. However, the profit was higher than the prior outlook.

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Wendy's sells Austin, Sacramento restaurants to HAZA Foods and Desmond Foods

The Wendy's Company said it had sold 30 restaurants in Austin to HAZA Foods and another 19 restaurants to Desmond Foods as part of its System Optimization initiative.

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Kuwait invests in prime London real estate

The Kuwaiti Investment Authority's property division St Martins is in discussion to purchase the More London complex.

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New Silk Route acquires Moshe's

For an undisclosed amount, private equity firm New Silk Route acquires Mediterranean cuisine restaurant Moshe's for expansion purposes.

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