Restaurants devastated by the pandemic are getting a lifeline from the relief package that’s awaiting final approval in the House. Restaurants can get grants equal to the amount of their revenue losses, up to a maximum of $10 million per company and $5 million per location. Eligible companies cannot own more than 20 locations, and they can’t be publicly traded.
Chevron has outlined a plan to expand oil and gas production through 2025, but without spending significantly more, and pledged to limit the pace of growth of its carbon emissions. Investors have been pressuring oil companies to hold spending flat