CNBC Television Jim Cramer on how he plans to reopen his restaurant
🎯 Загружено автоматически через бота:
🚫 Оригинал видео:
📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал.
✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его.
📃 Оригинальное описание:
CNBC’s Jim Cramer discusses his plans for eventually reopening his restaurant, saying a rushed open for restaurants is “a mistake.“ For access to live and exclusive video from CNBC subscribe to CNBC PRO:
CNBC’s Jim Cramer said Monday he’s concerned about plans to further ease indoor dining restrictions in New York City and he won’t accelerate plans to reopen his Covid-shuttered Brooklyn restaurant in May.
Restaurants in the city will be able to expand to 50% occupancy starting Friday, up from the current policy of 35%. The move comes as coronavirus vaccines are being rolled out across the U.S., and as some states, such as Texas, ditch pandemic-era restrictions on businesses altogether, including mask mandates.
Cramer has recently been targeting reopening in time for Cinco de Mayo, after “mothballing” the restaurant in early October due to coronavirus concerns and the challenging economics of operating at one-quarter indoor capacity. Cinco de Mayo, celebrated on May 5, is a Mexican holiday, marking victory in a key battle against France in 1862.
“We’re sticking by May. We want to get everything right,” Cramer said Monday on “Squawk on the Street.” “I think a rush to open is a mistake.”
“I just think that we don’t know enough still. We don’t know enough about viral load. We don’t know enough about what the real number should be at a bar,” Cramer added. “I just don’t want to be involved with anything that we have so few facts on. But then again, that’s been the state of this thing the whole way — how little we’ve really known.”
According to the CDC, the risk of Covid transmission increases with indoor dining, especially when tables are not spaced at least 6 feet apart. That’s led to strict restrictions being placed on the restaurant industry during the pandemic, causing many to close permanently as turning a profit in the low-margin business became even more challenging.
In the beginning of the pandemic, the warmer weather allowed what’s deemed as safer outdoor dining in much of the nation. But as winter weather gripped the Northeast and even in parts of the South and Southwest this year, outdoor dining became more scarce.
On Friday, restaurants in New York state outside of the city will move to 75% capacity.
In nearby Connecticut, Democratic Gov. Ned Lamont is allowing restaurants and certain other businesses to return to 100% capacity Friday. However, social distancing between tables and other precautions, such as masks, are still required.
Lamont defended the policy adjustment in a CNBC interview last week, pointing to current Covid case counts and high vaccination rates among older residents as justification. “The difference between 75% and 100% in a restaurant is very difficult to enforce anyway, and we thought, frankly, we have a very low infection rate right now, plenty of capacity in our hospitals,” he said March 8. “This was the time to make the change.”
Coronavirus cases in the U.S. have fallen dramatically since their January peak, prompting state and local leaders across the country to ease up on various restrictions as more Americans are vaccinated. However, the number of new infections remains high, averaging more than 50,000 per day, with more than 1,350 people still dying per day from the virus on average over the past seven days, according to Johns Hopkins University data.
As of Sunday night, 21% of the U.S. population has received at least one vaccine dose, including 63.4% of people ages 65 and up, according to data compiled by the Centers for Disease Control and Prevention. More than 80% of all Covid-related deaths in the U.S. were people 65 and above, CDC data shows.
Top U.S. health officials, including White House Chief Medical Advisor Dr. Anthony Fauci, have warned about easing up on Covid restrictions too soon.
Republican Texas Gov. Greg Abbott, for example, said his state was “OPEN 100%” earlier this month, with no masks required.
» Subscribe to CNBC TV:
» Subscribe to CNBC:
» Subscribe to CNBC Classic:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
The News with Shepard Smith is CNBC’s daily news podcast providing deep, non-partisan coverage and perspective o
1 view
0
0
2 weeks ago 00:01:20 1
[CNBC Television] BlackRock CEO Larry Fink says bitcoin impacts the U.S. dollar
2 weeks ago 00:01:39 1
[CNBC Television] Moderna’s phase three RSV trial found to be 83.7% effective in older adults
2 weeks ago 00:03:43 1
[CNBC Television] We could be approaching an earnings recession: Investment strategist
2 weeks ago 00:04:09 1
[CNBC Television] Blackstone enters deal to manage AIG’s insurance and housing assets
2 weeks ago 00:03:07 1
[CNBC Television] Two strategists break down markets ahead of busy earnings week, FOMC meeting
2 weeks ago 00:01:49 1
[CNBC Television] Small businesses push back on Amazon Prime Day
2 weeks ago 00:19:11 1
[CNBC Television] ETF Edge, November 11, 2024
2 weeks ago 00:01:29 1
[CNBC Television] Popular American SUVs to be hit by Mexico tariffs
2 weeks ago 00:03:48 1
[CNBC Television] Inflation battle is ’absolutely’ done, says Yardeni Research president
2 weeks ago 00:01:48 1
[CNBC Television] Final Trades: Apple, Oracle, Roku & more
2 weeks ago 00:01:19 1
[CNBC Television] CNBC Millionaire Survey: 42% expect the economy to be weaker in 2024
2 weeks ago 00:05:14 1
[CNBC Television] Look for companies with better balance sheets: Pro
2 weeks ago 00:06:13 1
[CNBC Television] Cyclicals are going to be a winner: Jonathan Golub