FOX Business’ Jeff Flock on relief caps for small businesses and how businesses are adapting amid the pandemic.
North Carolina restaurants ravaged during the coronavirus pandemic are pushing Congress to move past partisan gridlock and help them in their fight to survive.
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The Tarheel State businesses, like dining establishments across the country, have been drained of financial resources by restrictions meant to curb the spread of a disease that has killed more than 300,000 Americans over the past nine months.
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According to a National Restaurant Association study, nearly 17% of all U.S. restaurants — more than 110,000 businesses – have closed long-term or permanently. States such as California have halted even outdoor dining, and in North Carolina, Democratic Gov. Roy Cooper imposed a stay-at-home order with a curfew.
Some of the most prominent owners have responded by joining with Democratic U.S. Rep.-elect Deborah Ross, and Oregon Rep. Earl Blumenauer this month to air their grievances and push for the $120 billion Restaurants Act.