GREENWICH — When the owners of Lenny’s Bagels were looking to open their third shop, Greenwich jumped off the map as the perfect location.

The town lacked a dedicated bagel shop, it already boasted a loyal customer base — and it perfectly lined up with their stores in Rye Brook and Pelham, N.Y., and co-owner Richard Damato’s home.

And after nearly 18 months of planning and work, Lenny’s Bagels held its grand opening at 207 E. Putnam Ave. in Cos Cob earlier this month.

The popular restaurant boasts a menu of breakfast sandwiches, burritos and omelets, breakfast bowls, cheese steaks, specialty sandwiches, wraps, smoked fish, cream cheese and more. And there are over 20 bagel choices, ranging from plain and sesame seed to garlic and even rainbow, with low carb and whole wheat options available, too.

The shops reflect the vision of brothers Richard and Steve Damato, who are carrying

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An empty restaurant in Montclair, New Jersey.

Photographer: Gabby Jones/Bloomberg

The U.K. risks losing jobs to the Covid crisis that could be resilient to automation while giving a short-term boost to sectors that have no long-term future.

Jobs in supermarkets, residential care and couriering have all been lifted by the crisis. Yet they face a high risk of replacement by new technology in future, according to a report by the Royal Society for Arts published Monday. That disruption is also being accelerated by the pandemic, it said.

For workers in entertainment and the arts, massive cuts are likely in coming months as the virus keeps venues shuttered. However, the industry faces little destruction from automation and had provided some of the fastest employment growth over the past decade, the analysis found.

Technology could land a second blow to a labor market already reeling from a nationwide lockdown

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With his 13th French Open tennis title at Roland Garros this weekend, Spain’s Rafael Nadal has equalled Roger Federer’s record of 20 Grand Slam men’s titles. Croatia’s Novak Djokovic, with 17 Grand Slams to his name will need at least another year if he is to catch up on his rivals.

Nadal won his first French Open tennis title in 2005. In the past 15 years, few things in the world of sport have been as sure. When it comes to men’s tennis, Europeans are the Masters of the Court.

There is a similar pattern of European domination in the Masters of Management (MiM). This pre-experience business degree has seen tremendous growth in the last decade, as college

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There has been a record number of dividend cuts during the ongoing coronavirus crisis, particularly in the energy sector, which is one of the most severely beaten sectors. A bright exception has been the group of U.S. refiners, which have defended its dividends so far. However, as Valero (VLO) is poised to post material losses this year, it is likely to cut its dividend, given also the uncertainty arising from the pandemic. On the other hand, the stock has been beaten to the extreme and thus it has collapsed at its 7-year lows. In this article, I will analyze why Valero has become a conviction buy around its current price.

The effect of the pandemic

The pandemic has caused an unprecedented collapse in the demand for refined products this year. According to the Energy Information Administration [EIA], the global demand for refined products is expected to slump by 8.3 million

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NK Singh, Chairman of the 15th Finance Commission, is an old hand when it comes to dealing with economic ‘situations’, particularly on the revenue side. For one, Singh believes that this is not the time for fiscal rectitude. In conversation with BusinessLine, Singh shares his thoughts as to why FY21 cannot be written off and that these are extraordinary times that need extraordinary ways to innovate and address. Excerpts:

When you look back at your time as Revenue Secretary and compare the economic situation then with

today’s, do you think FY21 should be written off?

There is no way you can write off a year. No matter how problematic this year may be in terms of its unique challenges – the pandemic, the livelihood issues, economic revival and growth – still it cannot be written off.

We recognise that the first quarter contraction was also the result of the severest

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Health care is one of the most consequential issues facing Americans, especially today. Republican state Sen. Tom Kean Jr. is running for Congress, so voters deserve to know his positions on this critical topic. However, his views are conspicuously absent from his campaign website.

Unfortunately, Kean’s voting record during his years in the Legislature reveals he would not protect the health of New Jerseyans in Washington. He is running for the Seventh District seat against incumbent Democrat Tom Malinowski.

Despite the coronavirus pandemic and the fact that nearly 8 percent of New Jersey residents are uninsured, Kean voted against a bill to increase access to affordable health insurance through a small tax assessment on premiums of larger plans.

Kean also opposed creation of the New Jersey Health Benefit Exchange that can offer less expensive insurance to residents than the national Obamacare exchange. He has opposed coverage of family planning services.

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Today’s column addresses questions about how the earnings test is applied when a spouse has filed early, whether payments based on an ex’s non-covered pension will invoke the WEP, child benefits for children not in the record holder’s custody and exchange rates and foreign pensions. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security and MaxiFi Planner.

See more Ask Larry answers here.

Have Social Security questions of your own you’d like answered? Ask Larry about Social Security here.


Will My Continuing Income Reduce My Wife’s Social Security Retirement Benefit?

Hi Larry: I am 64 working with low six figures salary. My wife is 62 and is retired with a fairly minimum to low salary. She has enough credits to get paid a Social Security retirement benefit but it

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Minneapolis Federal Reserve President Neel Kashkari is urging Congress to be “aggressive” with economic assistance in order to boost the United States’ recovery from the coronavirus pandemic.

“I’m seeing, especially on the small business front, I mean, some sectors of the economy are doing fine. If you are a white-collar worker like I am … you’re able to work from home. You’re really not affected by this pandemic,” Kashkari told CBS’ Face the Nation. “But there are many sectors of the economy that are still being devastated. The travel and tourism industries, the frontline service industries, restaurants, and that’s where you’re seeing big job losses and bankruptcies. And this is going to continue to spiral and continue to bleed on.”

Kashkari said that there are roughly 11 million Americans who are still struggling to pay their bills and put food

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Spain’s Rafael Nadal demolished world number one Novak Djokovic of Serbia 6-0 6-2 7-5 in the French Open final to claim a record-equalling 20th Grand Slam title on Sunday.

With his record-improving 13th triumph at Roland Garros, world number two Nadal is now tied with Swiss Roger Federer as the player with the most men’s singles major titles.

Nadal was the early aggressor as he choked Djokovic to win the opening set in brutal fashion having made only two unforced errors. He then kept a firm grip on a subdued Djokovic in the second set under the roof of court Philippe Chatrier.

Djokovic, who was looking to win his 18th Grand Slam title, rebelled in the third set, breaking back for 3-3, only to drop serve on a double fault in the 11th game before Nadal went on to bag his 100th victory at Roland Garros with an ace.

 

“First

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Beware the aftereffects of minimum wage hikes

Minimum wage is payment to non-skilled workers and/or for income supplement. It is unrealistic to equate it to a cost of living wage.

Minimum wage increase forces struggling business owners to raise the wages for all their more skilled higher paid workers. The outcome is layoffs, business closures, higher unemployment, higher price for consumer goods, and higher tax liability to tax payers.

Minimum wage jobs should be characterized as a motivator to stimulate a desire for higher education and/or blue-collar job training leading to jobs providing a good cost of living wage.

Business-friendly bills passing through our state legislature are always voted favorably by Republicans, but historically, and overwhelmingly, voted against by the controlling Democrats who are the cause for our undesirable business environment. Lost to us is big business from considering a move to Rhode Island providing business growth with high paying

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