OT Threshold to Rise Again?

In testimony last week before the House Education and Labor Committee, in response to a specific question from California Representative Mark Takano, Labor Secretary Marty Walsh asserted that the current minimum salary is definitely too low. He advised the committee that the Department of Labor (DOL) is currently reviewing the Final Overtime Rule currently in…

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SBA Halts RRF Payments

In the wake of a federal court ruling that found the Restaurant Revitalization Fund (RRF) priorities (women, veterans and economically/socially disadvantaged individuals) unconstitutional, the Small Business Administration (SBA) has withheld almost 3,000 additional RRF approved payments to priority recipients. The SBA essentially revoked the priority approvals already given and halted consideration of other priority applications…

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25 States Cut UI Premium

Last Saturday marked the beginning states rejecting additional federal funds to pay unemployment premiums to those who’ve yet to return to work as four states (Alaska, Iowa, Mississippi and Missouri) stopped the bonus as of June 12. All told, 25 states will actually cease the payments before the formal federal expiration scheduled for September 6.…

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Jaspon to the C-Suite

Congratulations are in order this week for both Inspire Brands and former Dunkin’ CFO Kate Jaspon. We want to congratulate Inspire Brands for making the right appointment and promoting Kate to the CFO post to succeed the retiring David Pipes. We also want to congratulate Kate on a well-deserved promotion and on her many years…

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Philly Non-COVID Issues

Over the course of the past 15 or 16 months, COVID has rightly been in the forefront. Despite the importance of defeating that pandemic however, it is imperative that we continue to keep an eye on non-COVID related issues. In that vein, the city of Philadelphia recently passed an ordinance that prohibits employers from testing…

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Business Aid Program Launched

Notwithstanding constitutional and other issues with SBA programs designed to assist small businesses recovering from the coronavirus pandemic, some states are successfully launching assistance programs. New York is one example as the Cuomo administration announced the Small Business Pandemic Recovery Program last week and began accepting applications on June 10. The application process, which will…

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Northeast Regional Meeting

On Wednesday, June 23, DDIFO will sponsor our first in-person meeting since the coronavirus pandemic hit in March 2020. The Northeast Regional Meeting will be held beginning at 11:30 AM at the Framingham Sheraton Hotel and Conference Center. Register now for “Protect Yourself and Your Dunkin’ in the New Normal” and learn the details of…

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Competitor News

With a strong base of 400 stores in Oregon, Washington and Northern California, Dutch Bros. confirmed this week that it is readying an Initial Public Offering (IPO) to take the company public. They have some company stores but are mostly franchised with drive-thrus. With sales per unit of $1.46 million, the brand’s forte is the…

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Congress Unveils More RRF Funds

Earlier this week, bi-partisan legislation was introduced in Congress to pump an additional $60 billion into the depleted Restaurant Revitalization Fund (RRF). As we advised just weeks ago, all $29 billion of the original RRF funds were committed within the 3-week priority window (women, veteran or socially/economically disadvantaged business owners) that Congress mandated when the…

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Court Rejects RRF Priorities

A panel of the U.S. Sixth Circuit Court of Appeals has ruled that the 21-day exclusive priority for businesses owned by a “woman, veteran and/or socially or economically disadvantaged individual” to apply for and access funds from the Restaurant Revitalization Fund (RRF) is unconstitutional. The Small Business Administration (SBA) officially opened the $29 billion RRF…

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