the industry continues to be really hard hit by the pandemic with no end in sight the national restaurant associationrojects the sales loss of $165 billion for march through july with 8 million workers either furloughed or laid off at the height of the crisis 100,000 locations are not open for business in any capacity it remains to be seen how many of those closures actually become permanent. >> we're blessed to have seats outside. winter is quickly approach those seats have been a lifeline because people prefer outside dining right now if we can't find way to use that space in winter, i'm very worried. >> no time line on if and when that will come to fruition the national restaurant association says the average restaurant has about 16 days of working capital on hand. back over the you. >> thank you very much >>> let's talk more about the state of the restaurant business in the u.s time for our weekly pulse check on the economy and business. tilman joinings us you're generally hardened by what you have been seeing. you have another hurricane coming to the gulf coast >> you know, business is picking u

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melvin, the 2020 chairman of the national restaurant association and president and ceo of the restaurantin new orleans and baton rouge, louisiana . new york or new orleans location has been in business since 1905. the former president of the louisiana restaurant association. each of your statements will be made part of the record and it is entirely. i would ask you that you summarize your testimony in five minutes or less. now be within time, there is a clock on the screen. if you go over your time, i will notify you when the tap the gavel on the marking pens read it and all again for being here. in mayor we will start with you. >> thank you. thank you for the opportunity to appear before you today. the 17 years of the the privilege of serving he was the mayor of the great city of orlando must be no orlando's roles number one destination for visitors. we also like to say for the best places to live in small business. anyways america's new melting pot. regional community were more than a thousand new residents join us every single week. lots of access to opportunity. and quite honestly be

a report from the national restaurant association shows one in six restaurants have either closed forong-term or permanently. 3 million restaurant workers still unemployed. craft owner and founder is with us now. can you tell us about your immediate plans? we heard from eric rippert. he is opening for indoor dining as soon as he can, he has the means, but other independent chefs who may not have decided not to. tom: sure. i am currently serving outdoors. we plan to do indoor dining when we can. is going to police that carefully. meaning if you are not eating, you must have a mask on in the restaurant. my staff wants to get back to work, but they also want to be safe. that is the number one goal. i think that is the most difficult thing. people come in, they take off their masks, and when the waiter comes to take their order, they refused to put it back on. that is something we cannot stand for, but we do plan on opening for indoor service. the problem with some restaurants, they are very small. with 25% capacity, you are seats? about six when i open up indoors, i will have fewer seats

rethinking every aspect of our business to restructure compensation in our industry, even the national restaurant association's own trade magazine, nations restaurant news' headline last friday was pandemic is forcing the industry to rethink tip credit and wages. everybody is rethinking the fact we have a $2 wage that clearly didn't work during the pandemic. >> we have got to build back better. we wasn't can't go back to the before the pandemic. >> mr. ericson, you're recognized for five minutes. >> thank you, mr. chairman. for the hearing. thank you to our witnesses. real quick on the last point, it just seems like there's an endless list of well intended policies from my democratic colleague colleagues about the impact of losing their identities and those folks, we get it. when the government mandates closures, when it mandates you have to pay, when it mandates you to have buy this health care product, they put a noose on their neck and ask why don't you guys help with jobs and give people, you know, create this land of opportunity. it doesn't make any sense to me. but i am grateful that we're having this he

workers were completely fired or furloughed from march through may, according to the national restaurant associationn a ton of job losses, and now you're seeing trouble trying to bring workers back on. >> sup because of safe concerns? i would imagine people say, look, i don't want to take the risk, but if i have to, i have to >> i think there are definitely a few things at play here. one obviously safety concerns. >> there was some unemployment benefits, the nifb said about a third of its members said the extra $600 a week did make it different to bring or workers. if a restaurant is operating at 25% or 50%, is it worth it for you as a server to go in and work potentially making it more different. i've seen the signs up all over town kate rogers, i appreciate it. >>> the man is on pace -- tech is the worst performing sector today. dow is down. does the downturn create big-name buying opportunities? that debate is next. stock slices. for as little as $5, now anyone can own companies in the s&p 500, even if their shares cost more. at $5 a slice, you could own ten companies for $50 instead of paying th

according to the national restaurant association, even after some of those restaurants reopened, some have been closed again after employees tested positive. >>> new rules are requiring all students on san diego state campus to be tested for covid-19. so far at least 650 students have been infected since the university opened just three weeks ago. it could have a huge impact as well on the county's ability to reopen even forcing the county to move back into a more restrictive purple tier. in the mean tim as colleges struggle to contain the outbreak across the county there the university of south florida is emerging as a success model with 50,000 students, less than half a percent have tested positive because of daily temperatures checks and they're doing limited in-person classes. and at colgate in upstate new york everyone was required to quarantine indoors, even the university president. >> i moved into the oldest dorm on campus. my sense is they thought it was worthwhile that we can be to go by doing this thing together. >> and it all works. the quarantine lasted for two weeks. >>>

you're really helping restaurants, and we're partnering with the national restaurant association to lendfree access for reswhto research.?tion yep, td ameritrade's got that. free access to every platform. yeah, that too. i want to know what i'm paying upfront. yes, absolutely. now offering zero commissions on online trades. >>> all right now, some of us tested positive for coronavirus symptoms go away, some are very mild. for some of those people then something comes back. they did not have bad things in the beginning, they start to develop things later on, maybe related or maybe not. then you have another. i have been reluctant to discuss this with you guys because enough about me, so many people have. i am in this other group, okay? you will meet my friend shelby hitchcock who was in my group as well. we got sick and it is not really going away. this is more true for shelby than it is for me. again, i am one of the lucky ones and i ain't that lucky, okay? for me is the depression, my body recovered the way it did. i do have a lot of antibodies and sanjay gupta and i are going to show y

. >> reporter: and the national restaurant association saying 43% of restaurants will go under, thoseithin the next six months. back to you. melissa: edward, thank you. connell, i mean, it's bad enough to see any of these places go under, but somewhere where republicans and democrats might make some sort of a deal, oy. connell: that's true. i didn't even think of that. there's not a lot of that going on anymore. all right. well, we'll regroup over the weekend. we'll see how it goes, if the market improves things. "lou dobbs tonight" starts right now. have a good one. ♪ ♪ lou: good evening, everybody. president trump this hour on his way to minnesota. there he's set to cap off what has been an historic week filled with foreign policy victories, and president trump hasn't lost sight of presidential politics either. the president holding another rally, expected to be raucous as well, in front of thousands of his supporters. that event taking place at an airport tonight. now, if you're like me and you might be wondering where it is, it is, there's say, at a remote location some four hours

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the national restaurant association said the sector is on track to lose $240 billion this year. >>> airlinesefore funding from the c.a.r.e.s. act expires first. the pilot's union has reached a tentative deal that will allow the airline to avoid furloughs until june 2021. delta airlines says it has avoided most furloughs because they took unpaid leave, retired early or resigned. its ceo still expects an over age of pilots next month and talks with its union continue. delta said it is burning through $750 million each month. >>> all right. would you sit through ads for a cheaper phone plan? at&t which owns cnn's parent company warner media is considering offering cell phone plans partially paid by ads. ceo john stenke said given a choice they would take some form of advertising for a lower bill. the new plan could come in a year or two. >> i would take that in a minute. >> would you really? >> absolutely. >> anything to lower that bill. >> you've got a customer. >>> are you in the market for a dinosaur during the middle of this pandemic? one of the world's most complete t. rex skeletons is for

you're really helping restaurants, and we're partnering with the national restaurant association to lend a hand. a lot goes through your mind. with fidelity wealth management, your dedicated adviser can give you straightforward advice and tailored recommendations. that's the clarity you get with fidelity wealth management. >>> joe biden traveled to wisconsin, today. his visit, a striking contrast to the president's, this week. unlike the president, who focused almost exclusively on what he calls law and order in kenosha, and -- to even say jacob blake's name. the former vice president met with the blake family, and spoke, by phone, with jacob blake, himself. >> he talked about how nothing was going to defeat him. how, whether he walked again or not, he was not going to give up. we talked about some based on the 23rd psalm. raise you up and keep you -- hold you in the palm of his hand, until we meet again. well, i think, what's been unleashed with a lot of people is they understand that fear doesn't solve problems. only hope does. >> joining us, now, is blake family attorney, benjamin cru

you're really helping restaurants, and we're partnering with the national restaurant association to lend breaking news from wisconsin just as president trump left the city of kenosha this afternoon, federal investigators released new details into the shooting of jacob blake, saying police tried to tase him twice before the shooting and that investigators have interviewed 88 witnesses in this case. i want to bring in cnn's sara sidner. she is live in kenosha for us. you've been talking to the family. what's been their reaction to the president in town today? >> reporter: you know, they really tried to ignore it because they set this up for the community. i'll just take you through it just for a second here. this is the community right along this street is where jacob blake was shot in the back seven times. the families wanted to create an atmosphere for families here. because they want to make sure that people have a place that they can be, they can enjoy themselves and it's not all about just protests but it's also about very importantly to vote. but when i asked them specifically if the

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you're really helping restaurants, and we're partnering with the national restaurant association to lendind. with fidelity wealth management, your dedicated adviser can give you straightforward advice and tailored recommendations. that's the clarity you get with fidelity wealth management. >>> from this day forward, a new vision will govern our land. from this day forward it's going to be only america first. >> november 10th, 2016, days after the election, president elect donald trump traveled to the white house. >> momentarily the president elect donald trump will arrive at the white house. >> it's assumed the president and his team will help give their successors a good start. >> try to facilitate a transition that ensures our president elect is successful. >> from the get go, president elect trump was warned by the outgoing president that north korea was going to be a major headache for him. >> and he was agitated about how to handle that, and so you would see him lashing out because of that anxiety. >> breaking news this hour, just hours ago north korea launched another missile. >> n

that bill i mentioned has 35 significant organizations, national restaurant association. again, i don't care. let's have a debate on a bill that will help our small business community. again, where's the speaker. why are we playing politics with small businesses? i don't get it. where is the speaker? where is the speaker on 43 dead police officers? i would say as i said before that bill that we got passed in june on bipartisan, the p.p.e. bill that we passed in pipping spring, this is the district i represent, businesses represent, nonprofits smort it. total jobs supported, funding distributed, that is one congressional district. et's pass a extension of that. i would like to use the time -- how much time do i have remaining? the speaker pro tempore: the gentleman has 7:00. mr. roy: i would like to use the time remaining and not lamenting but talking about why it matters -- rebecca lynn. remember e tonight to rebecca to make america better. she is the grand daughter of tim and went. on july 10, a little before midnight i received a phone call and his sister had passed awa

there is greater threat to exposure like eating and drinking in a restaurant, but the national restaurant associationorts have shown the risk is low and calls the cdc basically responsible for blaming the spread of the virus on one single industry, the lines are being drawn in the restaurant industry is saying that is not true. stuart: what was that about trust the scientists. thank you very much ash. damage from the wildfires, the costing of the neighborhood of $20 billion. why the democrats insist on blaming the fires on climate change, and environmentalist kind of guy says that is not the case, he is on the show at the 11:00 o'clock hour, big ten football back, herschel walker praising president trump for his can and should return. kenny helped get pac 12 back and running before it's too late. he is on the show and i will ask him. ♪ turn on my tv and boom, it's got all my favorite shows right there. i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even

. >> reporter: the national restaurant the association says that 43% of full-service operators will goe united states for bars and restaurants if nothing changes. they say that $185 billion has been lost over the past five or six months because of the economic shutdown. so, again, they are needing help in the capitol lounge here, an institution, will be no more after sunday. back to you. neil: just incredible. thank you very, very much, edward lawrence. very sad, but we're seeing this play out all across the country. in the new york city area, they say one out of four restaurants won't make it, that even when things are back to full, you know, indoor dining from the 25% capacity they're looking at the end of this month, it'll be too late. it's just very, very sad. also very sad is the plight of airlines right now in the middle of all of this. many of the industry's ceos were on capitol hill yesterday, more specifically at the white house meeting with mark meadows, the president's chief of staff. what they want is some aid. we're told that the president is open to that, we just don't kn

pandemic is taking a terrible toll on restaurants nation wide, but especially in new york nearly two-thirds, could close, according to the new york restaurant associatione's sticking with his order barring any indoor dining. outdoor dining is allowed but now cuomo and uth orficials face a class-action lawsuit from hundreds of restaurant owners who say this ban is ruining their businesses. tom, calichio, i know this is so incredibly personal to you. thanks for coming on. >> thank you. >> some spots that have been open for decades are closing. i think of not only the chefs, the staff, the winery, the wine growers, the whole chain. so, when you hear two-thirds of restaurants could be closed in new york, what's your reaction? >> we're talking about 8 million people losing their jobs. independent restaurants employ about 11 million people. when you factor in the fisherman, farmers and all the ancillary numbers, they're low. there are other surveys that suggest maybe 80% will close nation wide. so, we're looking at an extinction of restaurants right now. and unfortunately, our government is not stepping up. we have the restaurants act. it has support in the

national association of realtors says the housing market is in a v-shape recovery. it's unclear how much longer the boom will last. commercial real estate completely different story. struggle tllg. offices, malls, restaurants hit hard by the pandemic. brookfield partners said it would lay off 20% of its employees in its retail arm. and yelp recently reported as of august 31st, several businesses on the site has closed since march 1st. of those about 60% said they shut their doors for good. that's 100,000 businesses have shut their doors for good. i read that report again. i just couldn't believe that in my lifetime i would see numbers so catastrophic for small business owners. >> shock. still ahead a massachusetts family hosted a party that forced one cool to delay their re-opening. now those parents and their child are facing criminal charges. where can a healthier heart lead you? for people with heart failure taking entresto, it may lead to a world of possibilities. entresto helped people stay alive and out of the hospital. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with an ace inhibitor or aliskiren, or if you've had angioedema with an ace or arb.