
The Days Are Numbered for D.C. Institution Steak ‘n Egg Diner
All-day Steak 'n Egg keeps customers full with hefty plates of country-fried steak and gravy, potato hash patties, whimsical funnel cake fries, and burgers. Steak 'n Egg Diner
Developer Constandinos Economides tells Eater that 'labor costs' induced by Initiative 82 — an under-debate D.C. law in effect since 2023 that requires businesses to gradually pay tipped staff more — is one reason cited for the closing. Taxes are the other cause for pulling the plug. A new lease listing for the 2,340-square-foot space shows availability as soon as July 31, but Economides says 'we're continuing to operate' with no set closing date. The retro-styled diner expanded on-site in recent years to include a 50-seat patio, room for 92 inside, and modernized touches like a dish-toting robot. Steak 'n Egg, once a 24/7 operation with quite the late-night crowd, is now only open until 8:45 p.m. The Tenleytown corner's diner roots date all the way back to 1931 as now-defunct breakfast chain Toddle House; a Steak 'n Egg Kitchen franchise took over decades later before locally owned Steak 'n Egg slid in the same year President Bill Clinton took office.
Agora completes the DMV trifecta
Agora, D.C.'s Mediterranean mainstay since 2010 that expanded to Northern Virginia in 2019, debuts its third area location next spring in Maryland. Tucked at the foot of Bethesda's Hyatt Regency Hotel (7400 Wisconsin Avenue), executive chef Ismet Sahi continues to spotlight Turkish, Greek, and Lebanese flavors across a meze menu that shows love for Maryland farms. A familiar selection of flame-grilled kebabs, cold-pressed olive oil, fresh seafood, and house-made künefe and pistachio souffle. Urbane Architects, behind Agora's recently renovated Dupont flagship and Tysons Corner outpost, will also design the dining room, full bar, sunlit patio, and private rooms in Bethesda.
Navy Yard's Ama is a 'bipartisan hot spot': NYT
All-day Ama offers aperitivo hour at the bar. Giada Paolini/Ama
The New York Times did a deep dive this week on D.C.'s year-old northern Italian standout Ama, calling the Eater 38-designated restaurant a bright bipartisan light amidst the polarizing political climate on nearby Capitol Hill. Both sides of the aisle are apparently breaking bouncy focaccia here as of late, from Sen. Cory Booker (D-N.J.) to Food and Drug Administration commissioner Dr. Marty Makary. NYT hypothesizes that chef Johanna Hellrigl's 'anti-additive menu and a vow to bar all manner of toxicity' – in the food, water, and even the cleaning supplies – is one thing Democrats and Republicans can agree on. (Also, maybe it helps that 'ama' means 'love' in Italian?)
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Forbes
4 hours ago
- Forbes
The Coolest Yachts Confirmed For The 2025 Monaco Yacht Show (So Far)
Breakthrough will be one of the largest, if not the largest, yacht at the 2025 Monaco Yacht Show. Each September, the Monaco Yacht Show draws the world's most dazzling superyachts to Port Hercules. While the 2025 edition (held between 24 - 27 September 2025) is still shaping up, a few standout vessels have already been confirmed by the organizers. This shortlist is full of brand-new 2025-delivered superyachts, so this is the ultimate must-see selection if you're thinking about attending the the boat show in Monte Carlo this year… 389-Feet Breakthrough Breakthrough is one of the most innovative yachts ever built, allegedly commissioned for Bill Gates. Feadship's largest new delivery of the year, Breakthrough is exactly what her name promises. This 389-foot marvel pushes boundaries in both scale and sustainability, with a hydrogen-powered fuel-cell system which is the first of its kind in the world. When engaged, the fuel cell system will use no combustion whatsoever and will produce nothing but water as a byproduct. Rumor has it she features a two-deck glass atrium and a fully-fledgd private owner's apartment that's nestled inside the yacht. The yacht is listed for sale with Edmiston and will be attracting plenty of attention on the docks of Monaco. 263-Feet Al Reem Bilgin's third unit of its 263 series has some unique touches. Turkish yacht builder Bilgin is bringing the third unit in its series to the Monaco Boat Show, but Al Reem is significantly different to her sisters. The yacht, which has a name meaning gazelle in Arabic, boasts around 20 per cent more interior volume than her predecessors, meaning boat show attendees will get to see a fresh take on an existing series. Inside, expect Art Deco-inspired touches, a cinema room, and a wellness area that rivals a five-star spa. 260-Feet Valor Valor features a two metre ice belt for high-latitude exploration. Fellow Feadship build Valor will be easily recognizable on the docks of Port Hercules thanks to her exterior lines. "The owner had three directives," explais de Voogt designer Chris Bottom. "First, he requested something that 'would be recognizable from outer space' as a unique design and eschewed both the wedding cake and common curvaceous designs found on so many common yachts." Other cool features include cherry-picked Italian stone on the interior and a high-grade record player and selection of vinyl records. No doubt she'll be a popular addition to the 2025 Monaco Yacht Show lineup. 202-Feet Simena The yacht has "military grade build quality". A bold addition from Turkish yard Ares, Simena is a steel-hulled Turkish-built ketch named after an ancient city in Turkey's Antalya province. The yacht was 'designed for a true connoisseur', according to Piraye Sahinkaya Orhun, Yachts Projects Director at Ares Yachts. He points out: 'With a cruising speed of 11 knots and a top speed of 14.5, she offers transatlantic range even without sails. She's perfect for any voyage in luxury and comfort.' Mahogany, teak, leather and Calacatta Oro marble feature across Simena's Design Unlimited-interiors, and she has an impressive 12-guest layout. Northrop and Johnson have the boat listed for sale, and Ares Shipyard is one of the exciting new superyacht brands to have on your radar in 2025. 196-Feet O'Madeleine The yacht is available for rent from €390,000 per week. Cool new O'Madeleine is the latest vessel to launch from Greece's Golden Yachts. Her Studio Vafiadis exteriors hide a Nordic-meets-Mediterranean interior style from the drawing boards of Italian studio Massari. 'From the finely grained wood panelling that lines the walls to the textured stingray leather, handwoven rugs, straw panels and hand-carved marble, there is a palpable sense of authenticity and craftsmanship' said a representative from Massari. Golden Yachts is no stranger to making a splash in Monaco, and this latest launch is sure to be another must-see. 180-Feet Rose The yacht has an innovative Nemo lounge that lets guests look out below the surface of the sea. Tankoa's Rose was commissioned for a young entrepreneur with a lifelong passion for yachting. The owner was closely involved throughout the project, helping to modify the layout and introduce the concept of two Jacuzzis and the new Piero Lissoni interiors. Rose also has one of the most exciting features currently on the market in the superyacht world – a semi-submerged Nemo Lounge that sits just below the waterline to offer views underneath the surface of the sea. 177-Feet Riva 54 Metri Iconic yachtbuilder Riva has expanded its fleet with its new model. Riva's highly-anticipated flagship makes her Monaco debut this year. At 177 feet, the Riva 54 Metri is a sleek, silver-hulled stunner that fuses old-school glamour with modern design. Expect polished mahogany, stainless steel detailing, and enough James Bond energy to turn heads in Port Hercules. 163-Feet Bel1 The yacht was designed by Fulvio de Simoni with an interior by Enrico Gobbi. With a design inspired by supercars, Bel1 is a next-gen superyacht with a sharp, futuristic silhouette that's sure to catch attention at Monte Carlo's boat show. Her builder Rossinavi has given her an expansive 145 square metre sundeck with mini pool and opening balconies attached to the lounge. Inside, expect bold interiors by an A-list design team and clever spatial planning that makes her feel far larger than her footprint. 193-Feet Maximus Wellness facilities include a gym room that converts into a massage suite. Known as a 'wolf in sheep's clothing', the Germán Frers-designed ketch boasts twin cockpits and ample on-deck lounging areas. Inside, the Vitters build offers a full‑beam owner's cabin with direct deck access, his‑and‑hers bathrooms and a steam shower, plus a baby Steinway piano. For uncompromising views, Maximus has a crow's nest atop the main mast that'll offer incredible vistas over the Monaco Yacht Show. Whether you're attending the show in person or following the action from afar, these yachts are the ones to watch. Expect even more jaw-dropping reveals in the weeks leading up to the show, but for now, this fleet is setting a high bar.


CNBC
5 hours ago
- CNBC
Global week ahead: Banking bellwethers and a tariffs waiting game
Next week, the CNBC teams are back on the road – and it's all about the banks and the ECB. From Frankfurt to Milan, and Paris to London, the financials are in focus. The markets seem to be banking on the financial sector to keep up the positive earnings momentum this quarter. Citi described the first quarter as "remarkably resilient," with analysts now expecting Stoxx 600 earnings-per-share growth to turn positive year-on-year this quarter. Much of that optimism is centered on the big banks, while other sectors like luxury, autos and energy have been plagued by earnings downgrades. Unicredit kicks things off on Wednesday. The Italian banking giant will try to keep investors focused on the numbers, rather than its M&A ambitions. While its moves around Commerzbank have seen it increase its equity stake to 20%, Saxo Bank analysts highlight the uncertainty around its potential takeover of Banco BPM, after an Italian court blocked the move until further conditions are met. The stock is up over 50% so far this year, providing some cheer for CEO Andrea Orcel as he battles to keep his expansion plans on track. French financial BNP Paribas — the euro zone's largest lender by assets — reports earnings on Thursday. Last quarter, the bank soared past expectations driven by performance at its investment bank, but revised its profitability target slightly lower. On the same day, attention will turn to Frankfurt for Deutsche Bank's latest set of numbers. The German lender logged its best profit in 14 years last quarter, benefiting from increased trading volumes around the market volatility. CEO Christian Sewing told CNBC in June that he sees an opportunity for Europe to invest more in its own defense sector as a key growth area. For macro-watchers, the highlight of the week in Europe will come from the European Central Bank. President Christine Lagarde and her fellow policymakers are expected to keep rates on hold at 2% on Thursday. But there is a BIG catch… U.S. President Donald Trump's tariff threats are not expected to derail this meeting's outcome, according to Reuters, citing five ECB governing council member sources. But if Trump does push ahead with 30% tariffs on EU imports, there is a broad assumption the ECB will cut rates in response. Investors will have until Sept. 11 to assess the impact, as the ECB breaks for the summer after this week's meeting. In terms of the underlying economic conditions, Deutsche Bank warns that European inflation risks are "still being underestimated, with a remarkable complacency across key assets," with the tariff impact yet to fully trickle through. The bank's macro strategist also told CNBC's Squawk Box Europe that the Aug. 1 tariff deadline for negotiations between the U.S. and EU sets the stage for a late outcome to trigger a "very sharp market reaction."

Business Insider
18 hours ago
- Business Insider
I'm a private chef in New York City. Sending one DM changed my entire career trajectory.
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. This as-told-to essay is based on a conversation with Maddy DeVita, 26, a private chef and content creator based in New York City. It has been edited for length and clarity. For me, the spring of 2022 was spent applying to pretty much every job under the sun that I was remotely interested in. I had been working at a global health nonprofit since graduating from college during the pandemic, but realized that, despite always thinking I'd go into medicine, I actually wanted to work in food. My cover letter was sparse — I didn't have any professional experience, I just loved to cook, and was a halfway knowledgeable home chef. The search felt endless. I interviewed at World Central Kitchen and never heard back. I tried test kitchens, like Food52, to no avail. At one point, I decided to try going into management consulting, because I'd at least make a lot of money. Rejections kept rolling into my inbox, and I reached a breaking point. Related video When she started her career switch, DeVita had zero professional food experience. Maddy DeVita A string of rejections made me braver But the rejections also made me bold — what else did I have to lose? What's something crazier I could try? I was so used to getting nos, so one more wasn't going to make much of a difference. I'd been following a small Italian farm, Ebbio, on Instagram for a while, so I sent them a DM to see if there was any way to work together. They read it but didn't respond, but I weirdly wasn't deterred. I'd been turned away from so many jobs at that point, so I figured I'd just pitch myself to them once more. Related stories Business Insider tells the innovative stories you want to know Business Insider tells the innovative stories you want to know And this time, it worked. They responded and said they were working on a cookbook project and that they'd love to have me help. By early August, I'd booked a flight to Italy and put in my two weeks' notice. DeVita spent six weeks on a farm. Maddy DeVita Quitting was never part of my plan It's not like I woke up one day and decided to quit my job. In fact, as the supremely logical oldest of three girls, I never thought I'd quit without a clear career plan. If I'd gotten an offer from any of the more practical jobs I'd applied to, I probably would've taken it. So many people are stuck in the thought loop I was in: "Oh my gosh, I want to do this, but it will never happen," or "I'm not the type of person who would do this." I learned, though, that there's actually a narrow pool of people who actually go after the crazy idea, so your odds of getting what you want might be better than you'd first think. After spending six weeks on the farm and getting back to New York, I enrolled in culinary school and started private chefing for clients in the city after graduating. I kept posting content on my food Instagram, HandMeTheFork, which had mainly consisted of filtered photos of avocado toast when I first started my frantic job search. The decision to go to Italy changed her whole career path. Maddy DeVita Listening to my gut gave me the life I love now I spent most of the past two years cooking consistently for families — getting embedded in their homes, spending a summer out in the Hamptons, making everything from meal-prepped lunches to Sunday dinner — but I don't do that as much these days, since I'm starting to earn money from my online content. Now, I'm doing more one-off, larger dinner parties and figuring out how to manage the world of social media, so my schedule is way more flexible. If I'm not cooking for an event and I'm feeling disciplined, I'll start my day with a Barry's Bootcamp-style workout class, which kicks my butt. I'll then do my admin work at a café in my Brooklyn neighborhood, likely while listening to bossa nova music, my current obsession. After finishing up any video or Substack editing and recipe planning, I'll go grocery shopping, ideally at the farmers market. DeVita is now a full-time private chef. Maddy DeVita The afternoon is usually filled with recipe testing and filming content, and I actually try to limit my social media time to the midday hours. Evening means cooking dinner for myself and my fiancée, and doing some more editing. All along, I've just wanted days that are dynamic, that are always different, and I've found that. Every day is different. Maddy DeVita Listening to my gut has been my north star these past few years, though it often feels like my brain has to catch up to my instincts. I haven't made decisions based on right or wrong, or the next most practical career step, but instead based on what I'm called to do in the moment. Of course, I've gotten lucky, but I'm so glad that I've led with what I feel pulled to internally. While at my college reunion a few months ago, I saw a ton of friends who were in my pre-med class, some of whom have finished med school and are fully doctors. It was such a surreal experience, realizing that could have easily been me, but that, despite my early expectations, it's not my life at all.