Cleo Opens Seventh Restaurant Worldwide in Los Angeles
Cleo is a new restaurant concept from major restaurant and hotel chain, SBE The restaurant arm of SBE, Disruptive Restaurant Group, led by Daniel del Olmo, is poised to open 19 restaurants and seven lounges in the next six months.
Del Olmo sat down with Alyssa Julya Smith in Los Angeles at the grand opening of Cleo Third Street, the third location in Los Angeles. He talks about how Cleo is set up in one of the trendiest areas of Los Angeles, and that is the goal for SBE as it continues to open new restaurants and lounges all over the world.
Additional Cleo locations include: Las Vegas and South Beach with new locations set to open in The Bahamas and New York. Named after the Egyptian queen, Cleo showcases a modern twist on eastern and southern Mediterranean cuisine, helmed by Chef Danny Elmaleh.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.