FOX Business’ Gerri Willis says the food samples are back, they’ve been reconfigured. Willis talks about the multiple changes the wholesaler has made since coronavirus. NEW YORK (Reuters) – A federal high court on Monday upheld Tiffany & Co.’s $ 21 million ruling against Costco Wholesale Corp over the sale …
Read More »Governor of California asks to go into probes after blackouts are over
(Bloomberg) – California Governor Gavin Newsom has called for an investigation into why officials did not anticipate the need for rolling blackouts that have driven millions of people into darkness. In the past 72 hours, the state has instituted the first straight outages since the 2001 energy crisis to protect …
Read More »300 Pizza Huts close after a giant franchisee goes bankrupt
NPC International, which filed for Chapter 11 in July, announced an agreement with the owner of Pizza Hut on Monday Yum! Brands (YUM)roughly a quarter of its restaurants will close and sell the remaining locations. Specific restaurants and timing have not yet been determined, but NPC said a “substantial majority” …
Read More »FHA mortgage forces reach a record, led by New Jersey
(Bloomberg) – Federal Housing Administration mortgages – the affordable path to home ownership for many first-time buyers, minorities and low-income Americans – now have the highest default rate in at least four decades. The share of late FHA loans rose nearly 2% in the second quarter, up about 9.7% in …
Read More »Live updates from Coronavirus: Texas sees big drop in positive COVID test rate
The Houston Chronicle’s Live Updates blog documents recent incidents of coronavirus outbreaks in the Houston area, the state of Texas and in the US with a focus on health and economic impact. The ongoing coverage of the Houston Chronicle is available to subscribers. Subscribe now for full access and to …
Read More »