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Omicron could be restaurant killer without more relief
CBSN
The Omicron wave of COVID-19 wiped out business by more than half at many of the nation's restaurants in December, which is typically the most lucrative month of the year, according to an industry survey.
The poll shows that nearly 60% of eateries reported seeing some of the steepest declines in revenue thus far during the nearly three-year-long pandemic. The December data highlight how worn out many restaurant owners are, as this winter's wave of the highly contagious COVID-19 variant has extended and exacerbated their struggles to safely do business and turn a profit throughout the pandemic.
Aid from the $28.6 billion Restaurant Revitalization Fund, part of the Biden administration's $1.9 trillion American Rescue Plan Act, did not extend far enough to help every eatery operator that needed assistance. A large majority of establishments that came up empty say they are in danger of closing permanently if they don't see federal relief soon.
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More employees of the Environmental Protection Agency were informed Wednesday that their jobs appear in doubt. Senior leadership at the EPA held an all-staff meeting to tell individuals that President Trump's executive order, "Ending Radical and Wasteful Government DEI Programs and Preferencing," which was responsible for the closure of the agency's Diversity, Equity, and Inclusion office, will likely lead to the shuttering of the Office of Environmental Justice and External Civil Rights as well.
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In her first hours as attorney general, Pam Bondi issued a broad slate of directives that included a Justice Department review of the prosecutions of President Trump, a reorientation of department work to focus on harsher punishments, actions punishing so-called "sanctuary" cities and an end to diversity initiatives at the department.
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The quick-fire volley of tariffs between the U.S. and China in recent days has heightened global fears of a new trade war between the world's two largest economies. Yet while experts think the battle is likely to escalate, they also say the early skirmishes offer hope for an agreement on trade and other key issues that could head off a larger conflict.