Forex Market News Today
  • Home
  • News
  • LiveHourly
  • Markets
  • Stock
  • Business
  • Economy
  • World
  • Politics
  • Energy
  • exchange
  • companies
No Result
View All Result
Forex Market News Today
Home Economy

Ohio restaurant owner rips Biden’s embrace of $15 minimum wage as bad for busine…

1 month ago
in Economy
2 min read
Ohio restaurant owner rips Biden’s embrace of $15 minimum wage as bad for busine…
Share on FacebookShare on Twitter


An Ohio restaurant owner is warning that any hikes in the minimum wage now will only hurt small businesses more.

President Biden signed executive orders Friday that would increase food aid, protect job seekers on unemployment and clear a path for federal workers and contractors to obtain a $15 hourly minimum wage, as part of his coronavirus relief package.  

While Biden’s action on the minimum wage only affects federal employees, he does support a $15 hourly wage for all workers.

ARI FLEISCHER: ‘BIG GOVERNMENT IS BACK’ UNDER BIDEN

Adrian Adornetto, who owns three pizza restaurants in Ohio, told “Fox & Friends Weekend” on Saturday that the costs of a higher minimum wage would put “extra pressure” on struggling small businesses.

He called consideration of such a move during the coronavirus pandemic “bad timing.”

“It will do several things to my business and my employees. I’ll most likely be cutting hours back. I’m in the pizza business, so that $12 pizza may grow to a $19 pizza, and in my part of Ohio that’s very expensive,” Adornetto said.

He said his business went through tough “obstacles” amid the pandemic, and a minimum wage increase right now is “unthinkable.”

Ardonetto said Biden’s wage boost will cause a “ripple effect” in his establishments, and he may have to raise prices on the menu in an attempt to make ends meet.

“People are already scared to come out; we are at half-capacity. … It’s pretty rough, and it’s scary. It’s very real,” Ardonetto said.

Despite his struggles, the business owner is still finding ways to give back to the community. He has teamed with other pizzerias to provide funding assistance to businesses in need.

CLICK HERE TO GET THE FOX NEWS APP

“We started a thing called ‘Pizza with a Purpose’ with the Ohio Restaurant Association. We’re really excited about it. This week Monday to Sunday, every pizza shop that participates, with every pepperoni specialty pizza they sell, a dollar will go to the Ohio Restaurant Employee Relief Fund,” Ardonetto said.



Go to the news source: Ohio restaurant owner rips Biden’s embrace of $15 minimum wage as bad for busine…

Tags: badBidensBusineembraceminimumOhioownerRestaurantripswage
Previous Post

Trump pardons could still leave people granted clemency on the hook

Next Post

New Israel ambassador to the U.S. Gilad Erdan on the Biden administration and th…

Related Posts

Third stimulus check: How soon might you receive a $1,400 check?
Economy

Third stimulus check: How soon might you receive a $1,400 check?

by Forex News
February 27, 2021
0

President Joe Biden's $1.9 trillion coronavirus relief plan is moving forward, raising hopes of another round of stimulus checks for most...

Read more
Stimulus Checks Helped Personal Income Surge in January
Economy

Stimulus Checks Helped Personal Income Surge in January

by Forex News
February 27, 2021
0

The American economic recovery came perilously close to falling off a cliff at the end of last year. But...

Read more
Scammers prey on unemployed Texans with phony job postings – KEYE TV CBS Austin
Economy

Scammers prey on unemployed Texans with phony job postings – KEYE TV CBS Austin

by Forex News
February 27, 2021
0

Scammers prey on unemployed Texans with phony job postings KEYE TV CBS Austin Go to the news source:...

Read more
130,000 residents overpaid in unemployment could owe taxes despite returning the…
Economy

130,000 residents overpaid in unemployment could owe taxes despite returning the…

by Forex News
February 27, 2021
0

(WTNH) — During the pandemic, an overwhelmed State Department of Labor paid out approximately $4.4 billion in state and...

Read more
Up $200 million of COVID stimulus bill could make its way to Seattle, Durkan say…
Economy

Up $200 million of COVID stimulus bill could make its way to Seattle, Durkan say…

by Forex News
February 27, 2021
0

Up $200 million of COVID stimulus bill could make its way to Seattle, Durkan says KOMO News Go...

Read more
We Are Heading for the Worst Inflation Risk in 40 Years: Summers – Bloomberg Mar…
Economy

We Are Heading for the Worst Inflation Risk in 40 Years: Summers – Bloomberg Mar…

by Forex News
February 27, 2021
0

We Are Heading for the Worst Inflation Risk in 40 Years: Summers Bloomberg Markets and Finance Go to...

Read more
US Economy: Tech-Fueled Innovation Will Outlast Coronavirus Pandemic, Threaten M…
Economy

US Economy: Tech-Fueled Innovation Will Outlast Coronavirus Pandemic, Threaten M…

by Forex News
February 27, 2021
0

As the pandemic recedes and mass vaccinations proceed, the U.S. economy appears due for a record-breaking year of job...

Read more
GDP forecasts are higher than expected, driving growth and rates – CNBC Televisi…
Economy

GDP forecasts are higher than expected, driving growth and rates – CNBC Televisi…

by Forex News
February 26, 2021
0

GDP forecasts are higher than expected, driving growth and rates CNBC Television Go to the news source: GDP...

Read more
Investors aren’t ‘stampeding’ out of gold because inflation is still a threat – …
Economy

Investors aren’t ‘stampeding’ out of gold because inflation is still a threat – …

by Forex News
February 26, 2021
0

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with...

Read more
US removes stumbling block to global deal on digital tax
Economy

US removes stumbling block to global deal on digital tax

by Forex News
February 26, 2021
0

US Treasury secretary Janet Yellen has told G20 finance ministers that Washington will drop a contentious part of its...

Read more
Next Post
New Israel ambassador to the U.S. Gilad Erdan on the Biden administration and th…

New Israel ambassador to the U.S. Gilad Erdan on the Biden administration and th...

Subscribe
Login
Notify of
guest
guest
0 Comments
Inline Feedbacks
View all comments

Latest Forex News

Kinnate Biopharma Announces Pricing of Initial Public Offering

Kinnate Biopharma Announces Pricing of Initial Public Offering

3 months ago
Live Foreign Currency Exchange Rates

Deal or no deal: how life will look for key industries after Brexit | Business

3 months ago
Live Foreign Currency Exchange Rates

Bobby Kennedy was right: GDP is a poor measure of a nation’s health | Economic g…

1 month ago
The stock market is undergoing a ‘rare reversal’ that’s historically signaled do…

The stock market is undergoing a ‘rare reversal’ that’s historically signaled do…

3 months ago

Today Market News

Captain Tom Moore, 100-year-old UK fundraising hero, honored at funeral
World

Captain Tom Moore, 100-year-old UK fundraising hero, honored at funeral

February 27, 2021
Third stimulus check: How soon might you receive a $1,400 check?
Economy

Third stimulus check: How soon might you receive a $1,400 check?

February 27, 2021
Senate Democrats move immediately to “Plan B” on minimum wage
Politics

Senate Democrats move immediately to “Plan B” on minimum wage

February 27, 2021
3 Cannabis Stocks to Buy and Hold
Stock

3 Cannabis Stocks to Buy and Hold

February 27, 2021
Griddy banned from Texas power marker over payment breach
Energy

Griddy banned from Texas power marker over payment breach

February 27, 2021
Fight over ride-hailing fees returns to Beacon Hill     | Local News
companies

Fight over ride-hailing fees returns to Beacon Hill     | Local News

February 27, 2021
  • Contact Us
  • Terms of Use
  • Privacy Policy
  • DMCA
  • CCPA

© 2020 Siteofforex.com

No Result
View All Result
  • Home
  • News
  • Live
  • Markets
  • Stock
  • Business
  • Economy
  • World
  • Politics
  • Energy
  • exchange
  • companies

© 2020 Siteofforex.com

wpDiscuz