Tag: Central

Grand Central Oyster Bar Temporarily Closes Less Than Two Weeks After Opening

a group of people standing in front of a building

© Nick Solares/Eater

Grand Central Oyster Bar temporarily closes again, citing downturn in business

Less than two weeks after opening its doors for indoor dining service, Grand Central Oyster Bar will temporarily close once more. In a post to Facebook over the weekend, the iconic 107-year-old restaurant announced that it had no choice but to close again, citing a “lack of traffic and business implicitly caused by the COVID-19 pandemic.”

Grand Central Oyster Bar reopened on September 30 for takeout and indoor dining service following nearly a seven-month temporary closure. Despite initial excitement about the comeback, the restaurant hasn’t been able to justify the cost of reopening, given lower foot traffic at Grand Central Terminal from tourists and commuters, according to a spokesperson for the restaurant.

Restaurants and bars across the city have been devastated by the pandemic, and rent in particular has been a sticking point. In August, close

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AT&T Monetizes Majority Stake in Central European Media Enterprises

Czech investment firm PPF Group N.V. today completed its acquisition of Central European Media Enterprises Ltd. (CME). With the transaction closed, AT&T Inc.* (NYSE: T), which was the largest shareholder in CME, received $1.1 billion in cash and no longer backstops approximately $575 million in CME debt. AT&T acquired its stake in CME with the acquisition of Time Warner, now WarnerMedia, in 2018.

The sale is consistent with AT&T’s ongoing efforts to monetize non-core assets to drive incremental shareholder value. The company plans to continue to focus on lowering its net debt to strengthen its balance sheet and will remain opportunistic around opportunities to further improve its borrowing costs.

AT&T plans to announce third quarter 2020 results on Thursday, October 22, 2020. The company’s earnings call will begin at 8:30 a.m. ET that day. Shareholders can listen to a live broadcast via the internet at AT&T Investor Relations.

*About AT&T

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Central Bank Policies Weigh On The Value Of The Dollar And All Fiat Currencies (NYSEARCA:UDN)

On October 1, I suggested that the dollar index bounce would run out of upside steam sooner rather than later. In that piece, I wrote, “I continue to favor selling the dollar on a scale-up basis during the current rebound.” On October 1, the dollar index was trading at around the 94 level. On October 2, it reached a high of 94.09. Since them, the index has been back on slippery slope lower and was just above the 93 level on Monday, October 12.

The dollar is the world’s reserve currency, and the dollar index measures the value of the US currency against other reserve currencies. The index has a 57.6% weighting against the euro, the second leading reserve currency. Status in the exclusive club is limited to foreign exchange instruments that central banks worldwide favor as currency holdings. For most monetary authorities, the dollar and euro

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Kelly Ripa opts for ’90s business casual in blazer and jeans as she cuts through Central Park in NYC

Kelly Ripa recently teased her plans to exit daytime talk TV, after nearly two decades of co-hosting Live!

But the six-time Emmy winner is currently keeping busy, after recently returning to the studio last month.

She opted for a ’90s business casual look Sunday in a black blazer and cuffed skinny jeans, as she cut through Central Park, during an outing in New York City.

Business casual: Kelly Ripa opted for a ’90s business casual look Sunday in a black blazer and cuffed skinny jeans, as she cut through Central Park, during an outing in New York City

The 50-year-old wore the androgynous chic coat open, over a distressed white t-shirt, which was loosely tucked into her jeans.

She finished the ensemble with some round tortoiseshell Ray-Ban sunglasses, diamond earrings, gold necklaces, matching rings and a pair of white sneakers.

Ripa carried a backpack over one shoulder, while she took

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Central Camera to reopen in Chicago’s Loop after being destroyed amid civil unrest

CHICAGO (WLS) — Central Camera needed to close its doors after $1 million of inventory was damaged during the civil unrest this summer in the wake of George Floyd’s murder. The 121-year-old store will reopen for the first time since the incident by the end of this month.

Don Flesch’s grandfather opened the store in 1899, and it has become part of the community since.

“It is uplifting for us, and it has been uplifting to them to know where to go, or where they can buy something, or we tell them we don’t have it. If they need right away, fine. If they can wait, then we special order it, so it’s a community feeling,” said Flesch, owner of Central Camera.

“Because it has a history, it has a neighborhood even though it’s the city, and he is a wonderful person, and it’s something that’s really missing” said Kiyomi

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Grand Central Oyster Bar Closes After Brief Reopening

MIDTOWN MANHATTAN, NY — Just 12 days after it was allowed to reopen for indoor dining, the iconic Grand Central Oyster Bar is closing back down due to a lack of customer support, the restaurant announced Monday.

The 107-year-old eatery reopened to the public on Sept. 30, when the city began allowing indoor dining at 25 percent capacity. That day, the oyster bar had lines out the door, but customer support dried up since then, owners told the New York Post.

“As we re-opened on September 30th we relished the opportunity to be of service again, and fill your hearts, and ours, with joy and do what we do best; offer an amazing experience to our beloved New Yorkers and to our friends from all over the world,” a message on the restaurant’s website reads.

“Today, however, we must, temporarily, close again due to the lack of traffic and business

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Grand Central Oyster Bar Closes After Briefly Opening at Limited Capacity

Less than two weeks after it reopened for indoor dining, the Grand Central Oyster Bar, one of New York City’s most famed restaurants, has closed its doors again—at least for the time being.

Officials with the dining spot, a fixture in Grand Central Terminal since the railway hub’s opening in 1913, said business was too slow at this point, defying their hopes and expectations. The restaurant, which shut down in mid-March because of the coronavirus pandemic, restarted operations when New York state allowed indoor dining to resume within the five boroughs on Sept. 30.

Oyster Bar officials said they knew it was never going to be an easy ride, given that the state had limited indoor dining to 25% capacity. But Executive Chef Sandy Ingber said the restaurant was still unable to fill tables to anywhere near that level in the short period since it had started again, with sales

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Seattle Garage Door Repair Central Provides Preventive Repair and Maintenance Services

Press release content from Newswire. The AP news staff was not involved in its creation.

SEATTLE – October 12, 2020 – ( Newswire.com )

Seattle Garage Door Repair Central, a well-known Seattle commercial garage door repair  company, has recently announced generous discounts on its annual maintenance and preventive repair services for residents and business in the area. The reputed company, known for its fast service and affordable pricing, has amassed a substantial following since its foundation and is currently looking to further expand its customer base by offering annual preventive services at highly affordable rates. The company takes care of all issues, including urgent repairs and regular maintenance.

Fast and efficient service is the driving force behind the garage door repair Seattle WA company’s rise to prominence in the last few years. With the aid of its friendly employees and skilled technicians, the company has managed

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Grand Central Oyster Bar closes again after 12 days in business

Despite lines out the door the day it finally reopened, Grand Central Oyster Bar is shutting its doors — yet again — after just 12 days in business.

Indoor dining at 25 percent capacity just wasn’t enough to keep the lights on, the company said.

“We must temporarily close again due to the lack of traffic and business implicitly, caused by the COVID-19 pandemic,” president Janet Poccia, executive chef Sandy Ingber, vice president Mohammed Lawal and general manager Gabriel Moroianu said in a joint statement. “We do have a promise for all of you! We will come back stronger and with an even bigger desire to serve you.”

The iconic eatery, located in Grand Central Terminal, closed in March due to the pandemic and only began inviting customers in again on Sept. 30, when Big Apple indoor dining resumed at 25 percent capacity.

The grand reopening drew a line of

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G20 Finance Ministers and Central Bank Governors Meeting and Virtual Press Conference to be held October 14

Press release content from PR Newswire. The AP news staff was not involved in its creation.

Press release content from PR Newswire. The AP news staff was not involved in its creation.

October 12, 2020 GMT

RIYADH, Saudi Arabia, Oct. 12, 2020 /PRNewswire/ — The fourth G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting will be held virtually on October 14 under the Saudi G20 Presidency to discuss the global economic development and support a swift and sustained global economic recovery. FMCBGs will also discuss updates to the G20 Action Plan – Supporting the Global Economy through the COVID-19 Pandemic (the G20 Action Plan) – in addition to the progress made on the G20 Debt Service Suspension Initiative and its proposed extension into 2021.

After the conclusion of the meeting, a virtual press conference will be conducted at 6:15 PM Riyadh time (UTC+3) by the

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