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Apr 6, 2020
04/20
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KPIX
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with no flame. >> pelley: danny meyer is among new york's most successful restaurateurs. ed the shake shack chain and runs 20 other restaurants. how many people have you laid off? >> meyer: we've laid off over 2,000 people by now. >> pelley: restaurant jobs are the most vulnerable in the crisis. retail is second. >> meyer: there's about 660,000 restaurants in america. you can do the math on how many human beings are actively working, producing something of real value by bringing people together, and they're out of work right now. >> pelley: the math is, 12 million jobs in restaurants, which meyer explained is only the start. >> meyer: then you start to look at all the concentric circles, the people that do our flowers, the people that deliver the bread, the people who fish for our fish. we know from the farmers in the greenmarket that, if people are not gathering, and restaurants are not open, how do you know what to plant? you don't go to the trouble of planting a crop only to have it go fallow. >> pelley: factories are fallow too. manufacturing output is dropping at the
with no flame. >> pelley: danny meyer is among new york's most successful restaurateurs. ed the shake shack chain and runs 20 other restaurants. how many people have you laid off? >> meyer: we've laid off over 2,000 people by now. >> pelley: restaurant jobs are the most vulnerable in the crisis. retail is second. >> meyer: there's about 660,000 restaurants in america. you can do the math on how many human beings are actively working, producing something of real value by...
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Apr 10, 2020
04/20
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KPIX
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. >> reporter: danny meyer started a nonprofit charity making grants to his most needy employees.nd michael bednark's people are sacrificing for each other. >> we had some employees offering to split their week so they'd do 20 hours and then have their counterpart do 20 hours that week just so sort of keep people working keep people bits and i getting paid. >> reporter: you had employees volunteer to split their weeks with somebody who was less fortune? >> correct. >> reporter: the best of these stories happened before our eyes. >> a chicken dish, a grilled salmon, and a vegetarian dish, correct? >> yes. >> okay. >> reporter: an orderor take-out from someone who wanted to remain anonymous. 100 dinners to be delivered to nearby mount sinai hospital. one voice on the phone joining a chorus of americans longing for better days ahead. >> i am so uplifted, first of all, by the fact that you're doing this for the medical staff. and also that you're helping my employees. so it meaorld to me. >> and your name -- you're melba? >> yes, my name is melba. yeah, i just happen to be the owner.
. >> reporter: danny meyer started a nonprofit charity making grants to his most needy employees.nd michael bednark's people are sacrificing for each other. >> we had some employees offering to split their week so they'd do 20 hours and then have their counterpart do 20 hours that week just so sort of keep people working keep people bits and i getting paid. >> reporter: you had employees volunteer to split their weeks with somebody who was less fortune? >> correct....
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Apr 20, 2020
04/20
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MSNBCW
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danny meyer of shake shack took huge criticism for taking the money. they decided to give it back. what's your take? >> well, stephanie, it's the right thing to do. i applaud danny. i applaud shake shack. i applaud his entire management team for getting to the right decision. initially, they took the money because they needed it to survive. but what danny subsequently found out is he had other ways to raise capital. being the size that he is. most small businesses in this country do not have access to other capital. danny is lucky enough he did. danny then returned the money so those not lucky enough to source capital from other pools of capital or other banks or establishments could then go take that capital that he initially had taken. look, i think this is a big, huge moral issue we have in the country right now. the u.s. government is offering these ppp loans, these paycheck protection loans. these are really important. these are small businesses are the lifeline of the -- of american business. but if companies are taking those loans when they don't need them, they are literall
danny meyer of shake shack took huge criticism for taking the money. they decided to give it back. what's your take? >> well, stephanie, it's the right thing to do. i applaud danny. i applaud shake shack. i applaud his entire management team for getting to the right decision. initially, they took the money because they needed it to survive. but what danny subsequently found out is he had other ways to raise capital. being the size that he is. most small businesses in this country do not...
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Apr 20, 2020
04/20
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now, danny meyer is an example of he had to shut down his businesses. they're restaurants. because the government said you can't be open anymore. but what has also happened, lots of other industries -- financial services, law firms, lots of businesses that were never going to furlough employees have been eligible to get this money. and you'd better bet those bigger, more sophisticated businesses have all their banking relationships, they've got all their paperwork in order, and when this thing opened up, in chase's example -- jpmorgan chase got 66,000 applications in the first five minutes, and they've only approved 20,000. so, that construction business owner that you just profiled there with seven children, most likely she's not going to have a relationship with a bank like that, and she's not going to get her documentation in, in the next two minutes. so, the lawmakers have to take a very close look now and figure out, how are they going to get that money to the heart of our economy, not just people who are technically eligible. >> and that doesn't even begin to come to
now, danny meyer is an example of he had to shut down his businesses. they're restaurants. because the government said you can't be open anymore. but what has also happened, lots of other industries -- financial services, law firms, lots of businesses that were never going to furlough employees have been eligible to get this money. and you'd better bet those bigger, more sophisticated businesses have all their banking relationships, they've got all their paperwork in order, and when this thing...
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Apr 20, 2020
04/20
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CNNW
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. >> people have read the post from you and danny meyer specific directions you have about this. gets their job back. randy garutti, thank you very much. >> thank you, poppy. >> way to ask the hard questions, poppy. >>> as the governor pleads for more testing, now president trump says it's a local problem. stay with us. i might be crazy but i'm not stupid. having an annuity tells me that i'm protected. during turbulent times, consider protected lifetime income from an annuity as part of your retirement plan. this can help you cover your essential monthly expenses. learn more at protectedincome.org . we've worked to provide you with the financial strength, stability, and online tools you need. and now it's no different. because helping you through this crisis is what we're made for. >>> top of the hour. good morning, everyone. i'm poppy harlow. >> and i'm jim sciutto. it's fairly simple when you speak to the experts. if you want to control this virus, the country needs to have tests for this virus broadly available. as the death toll tops 40,000 people now here in the u.s., the go
. >> people have read the post from you and danny meyer specific directions you have about this. gets their job back. randy garutti, thank you very much. >> thank you, poppy. >> way to ask the hard questions, poppy. >>> as the governor pleads for more testing, now president trump says it's a local problem. stay with us. i might be crazy but i'm not stupid. having an annuity tells me that i'm protected. during turbulent times, consider protected lifetime income from an...
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Apr 3, 2020
04/20
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CNBC
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you know, it's been everything from small mom and pops to larger independents like my pal danny meyerompany like us, everybody is impacted we're guiding with a few simple guiding principles that we've always had at shake shack, leading with taking care of our team and my message to that team has been we're going to lead with hope and react on reality there may be tough decisions we make in the short term, but, you know, our balance sheet is strong and we're going to come out of this strong we've seen deep impact to our restaurants. think about shake shack, a company born 16 years ago on the notion that people should gather together when the very actions we must take are exactly the opposite, it's a business pivot. i have to tell you, i'm so proud of our team for the things that they've done we've gone from a restaurant that never had a drive-through, we don't have any, to most of our restaurants are operating as a drive-through right now, whether your car or yourself we've added, you know, all the digital infrastructure that we built earlier this year and the very reason we're in busi
you know, it's been everything from small mom and pops to larger independents like my pal danny meyerompany like us, everybody is impacted we're guiding with a few simple guiding principles that we've always had at shake shack, leading with taking care of our team and my message to that team has been we're going to lead with hope and react on reality there may be tough decisions we make in the short term, but, you know, our balance sheet is strong and we're going to come out of this strong...
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Apr 20, 2020
04/20
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KPIX
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it's great that danny meyer and shake shack are doing this. >> yeah. bravo to them.sion all day long. i guess athletes are getting creative in how to entertain us under quarantine? >> reporter: you know, when the story of all this is written, there will be some new innovations in how we live our lives. check this out. tennis players in italy are taking their game to a new height. this is 14-year-old victoria alaveri and 11-year-old carol passina playing on their rooftops. they came up with the idea since italy has been under lockdown since early march. this video has been racking up tons of views on social media. very, very cool. >> and they're both so good. i look at one of them -- looks like she's playing with some kind of piping sticking up in the middle of the -- the middle of the court there. they're both -- this volley went on for quite some time. bravo to them. >> reporter: it's across rooftops. pretty wild. their dad gets the balls for them when they fall down to the ground. >> i like it. let's see. we have another bravo to one of our favorite actors who -- t
it's great that danny meyer and shake shack are doing this. >> yeah. bravo to them.sion all day long. i guess athletes are getting creative in how to entertain us under quarantine? >> reporter: you know, when the story of all this is written, there will be some new innovations in how we live our lives. check this out. tennis players in italy are taking their game to a new height. this is 14-year-old victoria alaveri and 11-year-old carol passina playing on their rooftops. they came...
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Apr 2, 2020
04/20
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KNTV
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simple >> reporter: as restaurant owners wait to find out how much the federal bailouts will help, danny meyerled hugs for ushg and we are really, really eager start local. >> a lot of restaurants are starting their own employee relief funds we have one called hugs for ushg and we are really, really eager to get that funded so that we can do good work for those of our team members who don't have work right now >> reporter: if you have the extra cash now invest in the restaurants you love. >> what can people do to help restaurants right now? >> it's critical for people to invest in gift cards there's no question about it >> reporter: brittany owns steak houses in ohio, kentucky and tennessee. they laid off nearly 600 people. they're now looking at turning their restaurants into grocery stores that can sell meal kits and hard to find supplies. >> i'm giving out toilet paper and hand sanitizerause we have access through our food vendors, it's totally outside the box thinking that restaurants really aren't used to >> reporter: mom and pop restaurants and multimillion dollar chains hoping innovatio
simple >> reporter: as restaurant owners wait to find out how much the federal bailouts will help, danny meyerled hugs for ushg and we are really, really eager start local. >> a lot of restaurants are starting their own employee relief funds we have one called hugs for ushg and we are really, really eager to get that funded so that we can do good work for those of our team members who don't have work right now >> reporter: if you have the extra cash now invest in the...
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Apr 20, 2020
04/20
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FBC
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dagen: danny meyer understands its customer and they are giving it back. they don't want to hurt the brand a year from now or two years from now. other big chains need to do the same thing. maria: yeah. you talk about the smaller chain coming up. we will talk about small business and the money they are getting when we talk the president of pizza hut. don't miss that, that's next. when you own 1,000 acres, your work day stretches all the way to the horizon. check the north field. water the south field. hop from one field to the next. fast. 40 mph fast. with best-in-class acceleration and handling with cargo. cover more ground. with the fast, durable kubota sidekick. get the sidekick now for as low as $10,649, plus zero down and 3.99 percent apr for 60 months. maria: welcome back. the suspected gunman in canada's worst mass shoot asking now dead. cheryl casone with the details, cheryl. cheryl: that's right, maria, good morning to you. 51-year-old gabriel killed 16 people including a police officer in nova scotia, driving a car that appeared to be law enforce
dagen: danny meyer understands its customer and they are giving it back. they don't want to hurt the brand a year from now or two years from now. other big chains need to do the same thing. maria: yeah. you talk about the smaller chain coming up. we will talk about small business and the money they are getting when we talk the president of pizza hut. don't miss that, that's next. when you own 1,000 acres, your work day stretches all the way to the horizon. check the north field. water the south...
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Apr 22, 2020
04/20
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FBC
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i like what the guy danny meyer that owns shake shack, he said i'm going to give the money back.e thing. any big giant corporation that gets money ought to give it back. keep in mind, a company like mcdonald's and fat brands, fatburger, largely almost exclusively are owned by franchisees. they are small business people. they are not that multi-billion dollar company. they are people that have three, four, five restaurants on main street in every city in the united states and around the world. they're not a big corporation. so we can't get confused between the brands and the ownership. stuart: as i see it, the problem is in some of the rules for who gets the money. as i understand it, you get the money if you keep full staffing on beyond june. now, that's going to be awfully difficult if you've got to deal with social distancing which is going to cut your revenue and cut your desire to have workers on the spot. we need to change the rules like that, don't we? real fast. >> i think we do. i think the initial thrust to get the economy back in shape and protect jobs was absolutely th
i like what the guy danny meyer that owns shake shack, he said i'm going to give the money back.e thing. any big giant corporation that gets money ought to give it back. keep in mind, a company like mcdonald's and fat brands, fatburger, largely almost exclusively are owned by franchisees. they are small business people. they are not that multi-billion dollar company. they are people that have three, four, five restaurants on main street in every city in the united states and around the world....