Pandemic-ravaged restaurants can tap a new government grant program starting next week. The $28.6 billion Restaurant Revitalization Fund will provide grants to the restaurant industry as it tries to get back on its feet. As warmer weather, increased vaccination rates, and extra stimulus spending are drawing customers out again, hard-hit restaurants need access to capital to meet the surging demand. Sales in March jumped over 13 percent to $62 billion, the strongest one-month increase in the past 12 months.
Congressional Democrats are moving to reinstate regulations designed to limit potent greenhouse gas emissions from oil and gas fields, part of a broader effort by the Biden administration to combat climate change. The Senate is set to take up a resolution today that would undo an environmental rollback by President Trump that relaxed requirements of a 2016 Obama administration rule targeting methane emissions from oil and gas drilling.
