DiscoverSquawk PodMagic Johnson; Galatoire’s New Orleans; Main Street Recovery
Magic Johnson; Galatoire’s New Orleans; Main Street Recovery

Magic Johnson; Galatoire’s New Orleans; Main Street Recovery

Update: 2020-05-19
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NBA legend and entrepreneur Magic Johnson has teamed up with MBE Capital Partners CEO Rafael Martinez to deploy $100 million to fund loans for minority- and women-owned small businesses hit by the Covid-19 shutdowns. Melvin Rodrigue, CEO of New Orleans iconic restaurant Galatoire’s, joined industry leaders at the White House for a meeting about the administration’s Paycheck Protection Program. He discusses what he and his fellow restaurateurs need to keep serving their customers--and their employees--after the pandemic. Plus, real estate magnate and hospitality CEO Barry Sternlicht is calling for U.S. businesses to reopen as long as they comply with health recommendations. As it is, he says, America’s Main Streets will never look the same. 

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Magic Johnson; Galatoire’s New Orleans; Main Street Recovery

Magic Johnson; Galatoire’s New Orleans; Main Street Recovery

CNBC