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Ministry of Finance Article

California asks more counties to close indoor businesses as cases grow

Junior's Cheesecake owner warns of constant openings and closings of restaurants Many restaurants may struggle to survive if government mandates during the coronavirus pandemic result in their constant opening and closure, Junior's Cheesecake owner Alan Rosen warned...

Restaurant chains that received millions in PPP loans during coronavirus crisis

A statue of a horse stands at the entrance to a P.F. Chang's restaurant in Schaumburg, Illinois.Scott Olson | Getty ImagesLarge restaurant chains once again received millions in loans from the Paycheck Protection Program, according to data released Monday by the Small...

Shoppers across the country are retreating again as coronavirus cases surge

An employee wearing a face mask is pictured inside a shop at Westfield Santa Anita mall during the outbreak of the coronavirus disease (COVID-19), in Arcadia, California June 25, 2020.Mario Anzuoni | ReutersJust as shoppers were beginning to inch back to stores, with...

Opening and closing may be death knell for restaurants

Junior's Cheesecake owner Alan Rosen told CNBC on Monday that restaurants would be in serious financial trouble if they have to reopen then close back down due to the coronavirus pandemic. "This opening and closing could be the death knell of restaurants in this...

Fauci says average age of patients has dropped by 15 years as Sun Belt states gets hit

The average age of new coronavirus patients has dropped by roughly 15 years compared with only a few months ago as the virus reignites in America's Sun Belt, White House health advisor Dr. Anthony Fauci said Monday.Fauci, director of the National Institutes of Allergy...