Economic woes eat away at expense-account sales

Economic woes eat away at expense-account sales

With the economy teetering on the brink of recession, the days of unlimited expense-account dining have gone the way of the three-martini lunch.

Much of the business world is cutting back on nonessential perks, including lavish business meals, to the chagrin of restaurant operators who count on corporate customers. Though business dining continues to be on the plates of many companies, discretionary spending for meals related to travel and entertainment has been put on a diet.

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