Business

1 Business Upper Darby's 1843 LLC often failed to deliver gravestones and gravestone engravings in a timely manner, or not at all, authorities said. Max Bennett , Patch Staff Posted Reply UPPER DARBY, PA — The Pennsylvania Attorney General's Office and a Delaware County headstone company have reached a settlement after the business was accused of failing to provide gravestones on time or at all. Acting Attorney General Michelle Henry announced a settlement with the Upper Darby gravestone and engraving company "1843 LLC," and its owners Gregory J. Stefan Sr., Gregory J. Stefan Jr., and Gerard Stefan. According to court documents, the company often failed to deliver gravestones and gravestone engravings in a timely manner, or not at all. The Office of Attorney General entered into an injunction last year regarding the Stefans' and their business, 1843 LLC, to prevent them from causing consumers additional grief when … [Read more...] about Delco Headstone Business To Pay Restitution, Halt Business: AG

___ US inflation and consumer spending cooled in December WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge eased further in December, and consumer spending fell — the latest evidence that the Fed’s series of interest rate hikes are slowing the economy. Prices rose 5% last month from a year earlier, down from the 5.5% year-over-year increase in November. It was the third straight drop. Consumer spending fell 0.2% from November to December and was revised lower to show a drop of 0.1% from October to November. Last year’s holiday sales were sluggish for many retailers, and the overall spending figures for the final two months of 2022 were the weakest in two years. ___ Wall Street adds more to its big January after strong week NEW YORK (AP) — Stocks closed higher on Wall Street, marking the market’s third winning week in the last four. The S&P 500 rose 0.2% Friday after giving up most of an earlier gain. The Nasdaq composite climbed 0.9%, and the Dow ended … [Read more...] about Business Highlights: Inflation cools, Wall Street gains

PARIS — Earlier this month, David-Alexander Leduc rolled his suitcase down a nearly empty platform at the Gare du Nord train station and scanned his ticket at the turnstile to board the sole Eurostar leaving that day for London. Mr. Leduc used to shuttle regularly for business on one of at least 17 high-speed Eurostar trains that ran back and forth daily, morning to night, through the underwater Channel Tunnel linking Britain and France. He was lucky there was a train to take. “It’s constraining,” said Mr. Leduc, who lives in London and has cut back hopping over to France to meet clients as a plunge in ridership from national quarantines forces Eurostar to slash services. “But you have to adapt.” On Monday, a bad year for Eurostar suddenly turned worse. All service from London to Paris, Brussels and Amsterdam was suspended for at least 48 hours, as governments on the continent banned travelers from Britain , a precaution as health officials try to control a new variant of … [Read more...] about Who Takes the Eurostar? Almost No One, as the Pandemic Fuels a Rail Crisis

A sweeping investigation into workplace behavior at Nike has resulted in the departures of five more top-level executives, raising to 11 the number of senior managers to leave the company as it continues to overhaul its upper ranks amid widespread allegations of harassment and discrimination against female employees. Together, the departing executives oversee some of the most important business categories and high-profile departments at the world’s largest sports footwear and apparel company. Nike confirmed on Tuesday morning that four managers were leaving: Steve Lesnard, the head of running in North America; Helen Kim, who oversaw Eastern North America; Simon Pestridge, a head of marketing for the company’s performance categories; and Tommy Kain, Nike’s director of sports marketing. Later in the day, a Nike spokeswoman also confirmed the departure of Ibrahem Hasan, a senior creative director who former employees said had been involved with the company’s marketing campaigns with … [Read more...] about 5 More Nike Executives Are Out Amid Inquiry Into Harassment Allegations

close Video Memphis businesses boarding up in preparation for release of Tyre Nicols bodycam video MEMPHIS, Tenn. – Memphis businesses boarded up their windows ahead of the release of the bodycam footage of a police encounter with Tyre Nichols, which resulted in his death. Nichols was pulled over Jan. 7 for suspected reckless driving, according to Memphis police. After a confrontation between Nichols and police officers, the 29-year-old Black man fled on foot. Another confrontation followed before Nichols was arrested. BUSINESSES BOARD UP TO PREP FOR POTENTIAL VIOLENCE AHEAD OF TYRE NICHOL'S BODYCAM FOOTAGE RELEASE. WATCH: Video WATCH MORE FOX NEWS DIGITAL ORIGINALS HERE Nichols was transported to a hospital and arrived in critical condition. He died three days later as a result of "use-of-force incident with officers," according to the Tennessee Bureau of Investigation. Bodycam footage of the incident is … [Read more...] about Memphis businesses board up in preparation for release of Tyre Nicols bodycam video