News Topic: Restaurant industry

Many eateries that relied on outdoor dining to survive the pandemic could see revenues plummet as the weather turns cold. ... Read full article

Banks' restaurant and hotel clients in many oceanside communities are seeing an uptick in business as travelers opt for short hops over long hauls during the coronavirus crisis. But activity could slow as colder weather approaches. ... Read full article

The owner of The Shuckery in Petaluma, Calif., says she was unable to get a Paycheck Protection Program loan until she responded to an email from the delivery service and BlueVine. ... Read full article

The lenders are bracing for spikes in delinquencies or defaults on loans to a sector heavily punished by social distancing measures. ... Read full article

No-interest loans and overdraft forgiveness are among the lifelines banks are offering to consumers and small businesses whose livelihoods are being upended by the economic fallout. ... Read full article

The deal for Trinity Capital in Los Angeles would further strengthen the company's capital markets capabilities. ... Read full article

Reduced dine-in traffic is eating away at bottom lines, forcing eateries to rethink how they borrow money. ... Read full article

As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh. ... Read full article

If the no-premium agreement announced by First Horizon and Iberiabank this week is a sign that sellers’ asking prices will come down, then Regions might reconsider its anti-M&A stance, a company executive said. ... Read full article