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The US Restaurant Industry Has Bounded Back from Covid At Every Level From Fast Food To Fine Dining

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin The doomsayers who predicted the literal demise of the U.S. restaurant industry after Covid—especially at the fine dining level—proved myopic in the extreme. A new study called the “Agency Forward Restaurant Survey” compiled by Nationwide Insurance, which both insures and advises restaurants on coping with inflation to supply chain issues shows that every segment of the industry has not just survived but in many cases is thriving well past pre-pandemic levels of business. To explain the findings I spoke with Peter McMurtrie, President of Commercial Lines at Nationwide: You say reservations have returned to pre-pandemic levels. Does this apply as much to fast food and chain restaurants (which are mainly walk-in) as with higher end and fine dining? While this research study only focused on fine dining, fast casual and family-style restaurants, recent research as well as our interactions with customers have shown fast food … [Read more...] about The US Restaurant Industry Has Bounded Back from Covid At Every Level From Fast Food To Fine Dining

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How 14 Coaches Help Their Clients Overcome Procrastination

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Procrastination can be a major roadblock to achieving one’s goals, and it’s a challenge that many professionals face. As such, overcoming chronic procrastination and becoming more focused are common objectives for coaching clients who hope to eliminate inertia and gain momentum in their careers. Here, 14 Forbes Coaches Council members recommend strategies and techniques that can be used to identify the root causes of a client’s procrastination. Read on to learn how to help your clients overcome it and what they need to do to make lasting changes and achieve their goals. 1. ‘Chunking’ Their Workload Because procrastination is often a reaction to feeling overwhelmed, it’s important to restore clarity and perspective. After ensuring the client has a baseline condition of calmness, I help them gain focus by “chunking”—parsing a project out into its component parts and designing a series of the smaller tasks as goals with … [Read more...] about How 14 Coaches Help Their Clients Overcome Procrastination

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Activists Push, But Europe Hesitates To Call Iran’s Revolutionary Guards Terrorists

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin In late February, British-Iranian human rights activist Vahid Beheshti set up camp opposite the entrance to the Foreign Office in central London and began a hunger strike. He had one main demand: that the UK government designated Iran’s Islamic Revolutionary Guards Corp as a terrorist group. More than a month later, he is still there, having lost around 11 kilos. “Sometimes I get cold. Sometimes I get weak and sometimes I think I have energy. Then the next hour it drains out again,” he said on March 24, on the 30th day of his hunger strike. “Physically [I’m] getting weaker but internally [I’m] getting stronger and I'm determined to continue until we achieve this great goal.” His aim is a policy that, until recently, seemed to be high up the agenda of the London government. At the start of the year, the UK seemed to be on the verge of proscribing the IRGC. Government minister Leo Docherty told the House of Commons on … [Read more...] about Activists Push, But Europe Hesitates To Call Iran’s Revolutionary Guards Terrorists

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Tencent’s Cash Dividend Weighs On Meituan

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Key News Asian equity markets were mixed overnight on light volumes as investors worried about financial contagion. Hong Kong had a volatile day as Jack Ma’s visit to China lifted Alibaba and the market, a rally that ran out of out of steam in the afternoon. Baidu fell -3.17% due to rumors of a delay in its ERNIE chat bot launch. Meituan fell -6.28% and was today’s most heavily traded in Hong Kong by value after the company’s Q4 financial results, which were announced after the close on Friday, beat estimates. The stock’s drop is likely driven by Tencent’s decision to deliver a cash spinoff of Meituan, rather than shares, which obviously requires selling Meituan shares in the open market. Healthcare was the only positive sector in both Hong Kong and Mainland China after CSPC Pharma’s mRNA Covid-19 vaccine was approved. Mainland markets were off though “outperformed,” i.e. they fell less than Hong Kong as CNY and the … [Read more...] about Tencent’s Cash Dividend Weighs On Meituan

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