Ruth's Chris Steakhouse

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Under Pressure, Chain to Return $20M US Loan

Like Shake Shack, Ruth's Chris changes tune after outcry

(Newser) - Ruth's Chris Steak House decided Thursday to say "no thanks" after all to $20 million in federal loans intended to help small business survive the pandemic shutdown. The restaurant chain had applied for two $10 million loans through the Paycheck Protection Program by saying it was eligible because...

Restaurant's Wager Costs It 50% Off Customer Tabs

Ruth's Chris offers percent off based on Michigan game's point differential—which was 78 points

(Newser) - No one expected the University of Michigan to blow out Rutgers so utterly and completely during Saturday night's football game—least of all the Ann Arbor location of one of the country's most high-end restaurants. Now in its Monday morning quarterback role, Ruth's Chris Steak House is...

A Steak-House View of the Economy
A Steak-House View of the Economy

A Steak-House View of the Economy

Ribeyes are grreat predictors of business performance, says Daniel Gross

(Newser) - High-end steak houses like Ruth's Chris and Peter Luger are a great place to study trends affecting the US economy, argues Slate's Daniel Gross. The price of sirloin, for instance, reflects the recent spike in energy prices, as demand for ethanol has raised the price of corn, which is what...

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