Hooters closes several ‘underperforming’ restaurants • US prosecutors recommend DOJ criminally charge Boeing: Reuters
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Monday, June 24, 2024

What impacts bank account rates mid-2024?

The Fed rate and banks’ competition for consumer deposits play key roles.

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Hooters closes several ‘underperforming’ restaurants

Hooters is the latest chain to close dozens of locations across the United States, blaming tough economic challenges including rising food and labor costs.

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US prosecutors recommend DOJ criminally charge Boeing: Reuters

The federal agency determined in May that Boeing had breached a 2021 deferred-prosecution agreement that was put in place after the 737 Max crashes, which killed 346 people in 2018 and 2019.

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Car dealerships revert to pens, paper after cyberattacks cripple software provider

CDK Global, a company that provides software for thousands of auto dealers in the U.S. and Canada, was hit by back-to-back cyberattacks last week.

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Apple is first target of EU’s new digital competition rules aimed at big tech

Regulators are accusing Apple of preventing app makers from pointing users to cheaper options outside its App Store.

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Yellen announces efforts to boost housing supply amid price crunch

The investments include providing $100 million through a new fund over the next three years to support affordable housing financing.

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Status Update: $5,000 restaurant, caterer grants available for small business owners

At least 90 grants are aimed at independent owners and commercial caterers in the SoCalGas coverage area.

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Orange County rises to No. 1 home-price gains in US on high-end rush

Overall Orange County prices rose 10.5% in the past 12 months, the No. 1 gain of the 30. That was driven by a 12.3% jump for luxury homes.

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Marriage without financial planning walks on shaky legs

Financial issues are attributed to divorce in 38% of all failed marriages.

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Homeownership suffers in California, US as prices outstrip incomes

Last year’s California homeownership rate was equal to a 40-year average. And the US rate was only slightly better than its norm since 1984.

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