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5 things to know for May 31: DeSantis, Artificial intelligence, Debt deal, UK, Ukraine
5 things to know for May 31: DeSantis, Artificial intelligence, Debt deal, UK, Ukraine
CNN's 5 Things brings you the news you need to know every morning.
2023-05-31 18:55
Marketmind: Restive markets simmer after oil sideswipe
Marketmind: Restive markets simmer after oil sideswipe
A look at the day ahead in U.S. and global markets from Mike Dolan Roiled by an oil price spike
2023-09-06 18:15
Mark Carney Blames Brexit for UK Inflation, Telegraph Says
Mark Carney Blames Brexit for UK Inflation, Telegraph Says
Brexit is partly to blame for stubbornly high inflation levels seen in the UK, former Bank of England
2023-06-17 17:28
Restaurant introduces ‘minimum spend’ that will see solo diners pay double to eat alone
Restaurant introduces ‘minimum spend’ that will see solo diners pay double to eat alone
A restaurant in London has sparked criticism over its decision to introduce a minimum spend next month that will see solo diners charged double for their meals. In August, Alex Dilling at Hotel Café Royal, which boasts two Michelin stars, will increase the prices of its tasting menus. Currently, a five-course tasting menu costs £125 per person, while it’s £175 for seven courses. However, from 17 August, the restaurant will increase its prices by 11 per cent, bringing five courses to £165 and seven courses to £195. This is due to an increase in supplier costs and rising staff shortages in London, due to Brexit, that has put pressure on the business. For those dining alone, though, the new minimum spend means solo visitors could be charged a minimum of £330 to visit the restaurant due to the volume of requests they receive. However, the restaurant confirmed that they keep one to two tables for solo diners for every service without the minimum spend. So solo diners who book within 24 to 48 hours of their required booking time could be able to swerve the minimum spend depending on whether those tables are available at the time. Nonetheless, the initiative sparked outrage on Twitter, with commenters quick to point out the joys of dining alone, and how solo diners are often stigmatised. “F*** the Hotel Café Royal then… Solo dining is one of life’s great pleasures,” tweeted one person. “Oh great news. Yet another penalty for being single,” another added. Hugh Smithson-Write, who works in restaurant PR, tweeted: “A classic example of making the customer the problem, rather than finding a solution. “If you get ‘many solo diner requests’ how about you reconfigure your dining room to accommodate that and maximise the revenue? This is the very opposite of hospitality!” Victoria Sheppard, chief executive at Alex Dilling at Hotel Café Royal, told The Independent: “Since achieving our two Michelin stars the demand for solo dining has increased dramatically and whilst we make every effort to accommodate solo diners, we also have to be considerate to the running costs of our business. “That said, we are increasing our opening hours from 17 August and will be able to accommodate more solo diners (without any discretionary minimum spend). 95 per cent of our solo diners requesting tables since we implemented a discretionary minimum spend when we are at capacity for solo diners have been more that happy to proceed with their booking, enjoying wine pairings or champagne of wine alongside their meal. “Nightclubs in our local vicinity have minimum spends for tables or hotels you pay the same price whether one guest or two which is never under dispute.” Read More Michelin star chef Marcus Wareing gives controversial answer to the best pizza in London Tom Kerridge addresses backlash to his £35 fish and chips at Harrods: ‘They shout at me’ Chef defends viral chicken recipe after TikTok backlash: ‘PSA to the seasoning police’ Restaurant with ‘tips are a privilege’ policy sparks intense backlash on social media Cher is launching a gelato brand called ‘Cherlato’ Popeyes widely mocked for attempt to join ‘girl dinner’ trend
2023-07-24 16:20
Wealth Fund QIA Joins SoftBank, BlackRock in Private Credit Push
Wealth Fund QIA Joins SoftBank, BlackRock in Private Credit Push
Qatar’s sovereign wealth fund sees growing investment opportunities in the world of private credit, joining the likes of
2023-05-23 22:21
Southeastern Grocers champions belonging, inclusion and diversity with annual grant program
Southeastern Grocers champions belonging, inclusion and diversity with annual grant program
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Jun 14, 2023--
2023-06-14 19:27
America’s Fastest Growing City Is Embracing ‘Yellowstone’ Mania
America’s Fastest Growing City Is Embracing ‘Yellowstone’ Mania
The leader of the fastest-growing US city is betting that Yellowstone mania and quality-of-life issues in bigger metros
2023-08-12 22:19
AstraZeneca, Sanofi RSV Drug for Infants Wins CDC Backing
AstraZeneca, Sanofi RSV Drug for Infants Wins CDC Backing
A drug from AstraZeneca Plc and Sanofi to protect infants against a potentially fatal respiratory illness won backing
2023-08-04 19:57
Allen Matkins Welcomes Bankruptcy and Creditors’ Rights Partner Matthew G. Bouslog to its Orange County Office
Allen Matkins Welcomes Bankruptcy and Creditors’ Rights Partner Matthew G. Bouslog to its Orange County Office
IRVINE, Calif.--(BUSINESS WIRE)--Jun 12, 2023--
2023-06-12 21:16
AI tools threaten to upend ad industry
AI tools threaten to upend ad industry
Data-driven algorithms supercharged the advertising industry by enabling precisely targeted campaigns, but new AI tools may be about to shake...
2023-05-31 19:27
Givaudan organic sales rise on higher prices, but currency effects weigh
Givaudan organic sales rise on higher prices, but currency effects weigh
By Jagoda Darlak and Matteo Allievi (Reuters) -Swiss fragrance and flavour maker Givaudan beat third-quarter organic sales expectations on Thursday,
2023-10-12 16:57
Turkey may exclude banks from inflation-adjusted accounting -minister
Turkey may exclude banks from inflation-adjusted accounting -minister
ANKARA Turkey will move to inflation-adjusted accounting, but financial institutions may be excluded from the practice, Finance Minister
2023-11-01 14:50