CITY CENTER, KOLKATA, WEST BENGAL, INDIA – 2019/06/26: Pizza hut outlet at City Center Shopping Mall of Kolkata . (Photo by Avishek Das/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares of KFC and Pizza Hut Indian operator Devyani International rose as much as 5.3% after it announced plans to merge…
Many restaurants may need to rethink their mandatory gratuity policies if they want this income to count as qualified tips for their workers under the new tax laws. The “no tax on tips” provision in President Trump’s One Big Beautiful Bill Act allows certain workers to deduct up to $25,000 in “qualified tips” per year…
Food trucks have boomed in visibility and influence, but the road to success is getting rougher. According to a recent report from IBIS, food trucks are approaching the $3 billion annual revenue mark across over 92,000 businesses in the U.S. and are projected to keep growing over the next five years. But once seen as…
Artificial intelligence can lead to surprises in all sorts of places where a bill once would have been considered settled. The use of AI by Hertz (and European car rental company Sixt) to scan for damage on cars, which is then charged to the customer, is a new application of the technology that is creeping…
