The recession has turned us into a people who brunch. It makes sense that in hard times, a restaurant outing that combines two meals into one would become as hot as jalape

When my wife and I went to New York’s famed Tavern on the Green for dinner during the holiday season a few years ago, we were impressed by the facility’s gorgeous exterior, ornate decor and avuncular (and Jewish) Santa Claus. But the food at one of America’s most famous restaurants was mediocre at best, which makes it hardly surprising that it is serving its last meal on New Year’s Eve. Continue reading NYC’s Tavern on the Green Rings in Final New Year’s Eve in the Red NYC’s Tavern on the Green Rings in Final New Year’s Eve in the Red originally appeared on DailyFinance on Wed, 30 Dec 2009 12:37:00. Filed Under: Economy , People , Marriott International , Real Estate Permalink | Tweet this! | Comments

View original post here: 
NYC’s Tavern on the Green Rings in Final New Year’s Eve in the Red

The power lunch may well be the Great Recession’s latest casualty. More than a third (36%) of chief financial officers say their most successful business meetings outside the office are conducted over meals, according to a recent survey by staffing-services provider Robert Half Management Resources. But restaurant-spending trends suggest companies may be cutting back on all the wining and dining. Continue reading Companies Take Power Lunch off the Dealmaking Menu Companies Take Power Lunch off the Dealmaking Menu originally appeared on DailyFinance on Tue, 29 Dec 2009 12:00:00. Permalink | Tweet this! | Comments

Read the original: 
Companies Take Power Lunch off the Dealmaking Menu

Filed under: Columns , Media Charges against two Pennsylvania college students arrested last month for failing to leave a tip were dropped Monday by local authorities, according to an Allentown, Pa., newspaper. John P. Wagner, 24 and Leslie A. Pope, 22, were charged with theft of services after they wouldn’t pay the more than $16 tip they were charged by Lehigh Pub, a restaurant near Lehigh University in Bethlehem, Pa. Both had refused to pay the gratuity for what they claimed was awful service, including having to get their own silverware and drink refills. Their waitress also reportedly took a cigarette break instead of attending to them. Continue reading Cops drop charges against non-tipping college students Cops drop charges against non-tipping college students originally appeared on DailyFinance on Tue, 24 Nov 2009 18:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

Excerpt from: 
Cops drop charges against non-tipping college students

Filed under: Earnings , Starbucks , McDonald’s McDonald’s Corp. ( MCD ) chief executive Jim Skinner today vowed to keep prices at the world’s largest restaurant chain as low as they are currently, cementing a big advantage the company has over its rivals. “Our pricing power is not what it was,” said Skinner today on the company’s earnings conference call. “Right now we are holding the line on pricing.” McDonald’s, which last raised prices in October 2008, has weathered the economic downturn better than most U.S. companies, and the third quarter was no exception. Continue reading McDonald’s again defies the skeptics McDonald’s again defies the skeptics originally appeared on DailyFinance on Thu, 22 Oct 2009 18:40:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

Go here to see the original:
McDonald’s again defies the skeptics

Filed under: People , Investing , Goldman Sachs The next time you take a bite of a Carvel ice-cream cake, you’d better make sure you earned it. The company that owns it, Roark Capital Group, is an Atlanta-based private equity fund named for the virtuously selfish architect concocted by writer and philosopher — and master of neither writing nor philosophy — Ayn Rand, the founder of Objectivism. A tribute to the author in more than just name, Roark has spent most of the financial crisis on the sidelines. Now it has $750 million to put into the private equity market – nearly half of the $1.55 billion it has under management. Continue reading Private equity fund follows Ayn Rand’s teachings and finds opportunity Private equity fund follows Ayn Rand’s teachings and finds opportunity originally appeared on DailyFinance on Sat, 17 Oct 2009 11:00:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

See more here:
Private equity fund follows Ayn Rand’s teachings and finds opportunity