finance

Operations

White House looks to expand overtime pay

A proposal aired this week in sketchy detail by President Obama would extend eligibility to managers paid less than $50,440.

Operations

Sysco ends attempt to merge with US Foods

The 18-month struggle to create a super-distributor is over, to the tune of $312.5 million in break-up fees.

Although the foodservice provider recently agreed to pay $19 million to settle a lawsuit alleging mismanagement and fraudulent conduct, the D.C. council may approve a new contract for the upcoming school year.

A new cafeteria payment system means students and parents will be able to pay for meals online, but it also means no change back when paying with cash.

Anticipated Sweet Briar College president Phillip Stone says he’s not sure whether provider Aramark will return to the struggling school, but hopes to have food for students.

The Ohio Department of Rehabilitation and Corrections is renewing its foodservice contract with Aramark, despite an employee union counter-proposal to privatize.

Daniel Boone School District laid off 30 cafeteria workers, opting to go with foodservice provider Nutrition Group, which says it will hire most of the workers back.

A school district in Fairbanks, Alaska, is dealing with a $192,000 loss in revenue stemming from healthy snacks regulations on top of a proposed $100,000 budget cut.

The program requires students to scan their thumbprints so that the government can track their purchases.

A new study shows C&U foodservices are facing increased competition from off-premise choices, particularly fast-casual restaurants. But there are defenses.

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