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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In Healthcare’s Game Of Monopoly, One Player Will Control The Board
Share to Twitter Share to Linkedin In healthcare, as in life, people devote a lot of time and attention to the way things should be. They’d be better off focusing on what actually could be. As an example, 57% to 70% of American voters believe our nation “should” adopt a single-payer healthcare system like Medicare For All. Likewise, public health advocates insist that more of the nation’s $4 trillion healthcare budget “should” be spent on combating the social determinants of health: things like housing insecurity, low-wage jobs and other socioeconomic stresses. Neither of these ideas will happen, nor will dozens of positive healthcare solutions that “should” happen. When the things that should happen don’t, there’s always a reason. In healthcare, the biggest roadblock to change is what I call the conglomerate of monopolies , which includes hospitals , drug companies , private-equity-staked physicians and commercial health insurers . These … [Read more...] about In Healthcare’s Game Of Monopoly, One Player Will Control The Board
How Investors Can Navigate Banking Uncertainty As Deutsche Bank, First Citizens Bank And First Republic Bank Stock Seesaws
Share to Twitter Share to Linkedin Key takeaways Bank stocks sold off heavily last week, as nervous investors ran for the exits over - well, basically nothing With no fundamental reasons for the sell off, they’ve rebounded swiftly on Monday First Citizens Bank is up over 45%, on news that it has acquired over $72 billion of assets from collapsed Silicon Valley Bank, at a discount of $16.5 billion After the collapse of Silicon Valley Bank and Signature Bank, as well as the weekend fire sale of Credit Suisse to rival UBS, Deutsche Bank was in the headlines last week as the latest in the financial sector to come under pressure. There have been numerous analysts and public commentators expressing concerns over the banking sector, worried about whether the initial collapses were a sign of a financial crisis brewing underneath the surface. As well as large banks like Deutsche Bank, regional banks have been hit particularly hard. First … [Read more...] about How Investors Can Navigate Banking Uncertainty As Deutsche Bank, First Citizens Bank And First Republic Bank Stock Seesaws
Every U.S. Crypto Exchange (And Binance) Is Being Investigated By The SEC, Says Senator Lummis Staffer
Share to Twitter Share to Linkedin Widely circulated reports that the U.S. Securities and Exchange Commission (SEC) is investigating $20 billion crypto exchange Coinbase are just the tip of the iceberg, according to a staffer from U.S. Senator Cynthia Lummis’ (R-Wy) office. The staffer says every U.S. crypto exchange—and the largest crypto exchange in the world, Binance—are in various stages of being investigated. There are more than 40 U.S. cryptocurrency exchanges, according to crypto data site, CoinGecko. The SEC has not responded to multiple requests for comment. Coming in the wake of a number of SEC actions asserting the regulator’s domain over the crypto industry, and an equally strong response by the U.S Commodity Futures Trading Commission (CFTC) pushing back against what it characterizes as “regulation through enforcement,” the staffer says the SEC urgently wants to resolve its dispute with the CFTC over crypto jurisdiction. If the matter isn’t … [Read more...] about Every U.S. Crypto Exchange (And Binance) Is Being Investigated By The SEC, Says Senator Lummis Staffer
10 Comms Pros’ Preferred Methods Of Communicating With The Media
Share to Twitter Share to Linkedin In today’s fast-paced media landscape, effective communication with members of the media is essential for businesses and organizations. Whether you’re looking to promote a new product, respond to a crisis or establish thought leadership in your industry, knowing how to communicate with journalists and reporters is key. However, many businesses struggle with this task, unsure of the best methods to use or how to build strong relationships with the press. Below, 10 members of Forbes Communications Council share their preferred methods of communicating with the media and explain why these strategies are so crucial for successful media relations. 1. However The Reporter Wants To Communicate While email is my primary means of starting a relationship with a reporter, that relationship can move to Twitter, text or an old-fashioned phone call. I love exploring new communications tools. The most recent one that came across my … [Read more...] about 10 Comms Pros’ Preferred Methods Of Communicating With The Media
Getting Your Child Certified In Scuba Diving While On Vacation
Share to Twitter Share to Linkedin If you’re wondering about getting your child certified in scuba diving, you might consider doing it while on vacation. There are several reasons why. 1. Part of the certification process involves online coursework (aka homework), and it’s easier to get buy-in from a kid when the payoff is scuba diving in the Caribbean with a chance of seeing turtles, rays and a plethora of other fish. 2. The water is warmer in the Caribbean than other options in the U.S. (including the quarry in Pennsylvania, where many New Yorkers go for their open water dives). 3. Doing their open-water dives in a place brimming with marine life will get your child interested in making scuba diving a life-long activity. 4. It’s one-stop-shopping, which is easier for everyone. Once you decide that you’re going to get your child certified on vacation, the next question is where you should do it. While there are plenty of places in the … [Read more...] about Getting Your Child Certified In Scuba Diving While On Vacation
How Remote Work Impacts Managers
Share to Twitter Share to Linkedin Discussions around the "future of work" nearly always revolve around knowledge workers. Since the Covid pandemic, many of these discussions revolve around remote work, and whether it has been productive, the gender issues involved when we work from home, and what it might do to corporate real estate. Research from Reichman University's Baruch Ivcher School of Psychology takes a different tact and explores the issue of remote work from the manager's perspective. The researchers wanted to understand how the transition to remote work has affected managers, especially in light of the reinvention of the managerial role in the wake of the transition. Changing role As part of the study, the researchers conducted in-depth interviews with roughly 30 managers from various industries who underwent the shift from office-based work to remote work during the pandemic. The managers were requested to narrate their experiences … [Read more...] about How Remote Work Impacts Managers
How ‘Chang Can Dunk’ Director Jingyi Shao Went From Making Commercials To A Debut With Disney
Share to Twitter Share to Linkedin Jingyi Shao got his start in the film industry through directing commercials in China for global brands like Levi’s, Johnnie Walker and Cartier. Yet, Shao knew he would eventually move into narrative filmmaking. One of his screenplays rose to the top spots on the Black List in 2020 and soon, he was off to a pitch session with Disney. This screenplay became Chang Can Dunk , which premiered on streaming platform Disney+ earlier this month. Shao also has projects currently in development for Amazon AMZN and Netflix. It has been a whirlwind few years for Shao, ever since his first meeting with Disney. “I had been trying to make my first film for a number of years. To write a script, have it picked up by Disney and then very quickly, put into pre-production and then shoot it — all within three years — it’s amazing,” Shao says. While the primary relationships in Shao’s original script were left intact, he admitted … [Read more...] about How ‘Chang Can Dunk’ Director Jingyi Shao Went From Making Commercials To A Debut With Disney
Earth Day Is Almost Here–Go Green With These Cool Products
Share to Twitter Share to Linkedin With Earth Day fast approaching, many of us are trying to find ways to use more earth-friendly items to help us, help the planet. Many companies are now doing their part and are offering products that use sustainable manufacturing processes, organic ingredients and recycled packaging. You can now find these green products in unexpected categories, ranging from furniture to socks to gummies. Below are some of my favorites. Thuma Beds Thuma has created furniture that is beautifully designed and incredibly easy to assemble. The Thuma bed can be put together in minutes and looks incredibly stylish once assembled. Even better, the Thuma bed is officially GREENGUARD Gold certified, meaning that all of the materials used meet some of the world’s most rigorous third party emissions standards, making the bed both good for the environment and the consumer. These sleek beds are made from upcycled rubberwood with a lifetime … [Read more...] about Earth Day Is Almost Here–Go Green With These Cool Products
Five Essential Activities For First-Time Visitors To Jakarta
Share to Twitter Share to Linkedin With roughly 270 million people living within its borders, Indonesia is the fourth most populous nation on the planet—and for a deep dive into the fascinating array of cultures found across the country, there’s no better destination than Jakarta. This massive metropolis has served as the Indonesian capital since 1961, offering a colossal array of top-tier restaurants, museums, and historic landmarks for both visitors and locals to enjoy. As you plan your first visit to this storied city, don’t miss out on these incredible Indonesian experiences. Try Flavorful Indonesian Cuisine in PIK Located just east of Soekarno–Hatta International Airport, Pantai Indah Kapuk—or PIK, for short—is one of Jakarta’s most affluent communities, providing visitors with a wealth of polished restaurants to enjoy during a visit. While the province of Bali has earned abundant acclaim for its spectacular natural beauty, visitors to PIK can … [Read more...] about Five Essential Activities For First-Time Visitors To Jakarta