Monday, July 6, 2020

Earth Fare to open location in Christiansburg Marketplace

CHRISTIANSBURG, Va. – A popular natural foods supermarket chain is opening up shop in the New River Valley.

Earth Fare is opening an anchor store at the Christiansburg Marketplace, company leaders announced Monday.

This news comes after the Earth Fare in Roanoke reopened under new ownership last week after the previous owners declared bankruptcy and announced the store closure in February.

Other companies that announced new locations in the Christiansburg Marketplace include Chipotle, Mission BBQ, Orangetheory Fitness and Starbucks.

Publisher: WSLS
Date: 2020-07-06T20:18:03.987Z
Author: Ashley Curtis
Twitter: @WSLS
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Were you following this:

Homeowners had amassed record equity as crisis began - Marketplace

In the first quarter of the year, homeowners amassed a record $6.5 trillion in what is known as "tappable" home equity — that is, the amount of equity homeowners can borrow against and still have a 20% cushion. That's the finding from mortgage data firm Black Knight .

And though the first quarter ended in March, just as the pandemic was really shutting down business, home values have only kept rising since then, said Black Knight’s Andy Walden, as buyers compete for a limited supply of houses.

Publisher: Marketplace
Date: 2020-07-06T22:24:01-07:00
Twitter: @Marketplace
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A tax on red meat is imminent, researchers say - Marketplace

For years, researchers have been working to find financial tools to curb bad behavior. We often refer to these as “sin taxes,” like what you see on cigarettes and sugary drinks in some cities in the U.S.

Andy Uhler : Do we have a sense of the sort of momentum for this sort of thing? Is it specific to European countries?

Marco Springmann : Yeah, specifically in Europe, the discussion is gaining momentum. There had been a saturated fat [tax] at some point in Denmark, which was basically like on meat, eggs. Fortunately, that had been abolished after a short while because the information campaign was really not very well thought-out, one could say. But it was a couple of years ago.

Publisher: Marketplace
Date: 2020-07-06T13:36:58-07:00
Twitter: @Marketplace
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The complicated history of McDonald's and Black America - Marketplace

Eventually, calm was restored in Ferguson, and in the recap of what happened in the St. Louis exurb, the Florissant McDonald's was portrayed as a bright spot and an anchor for the community.

The Ferguson moment was not the first time that McDonald's played a major role in a racial crisis. In fact, the Florissant Avenue McDonald's — as a franchise location owned and operated by an African American businessman — is the descendant of a somewhat bizarre but incredibly powerful marriage between a fast-food behemoth and the fight for civil rights.

Publisher: Marketplace
Date: 2020-07-06T21:07:51-07:00
Author: Author Marcia Chatelain examines the fast food chain relationship with its Black franchisees and consumers
Twitter: @Marketplace
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This may worth something:

Uber makes food-delivery market move with purchase of Postmates - Marketplace

Lots of companies are struggling because of the coronavirus pandemic, but some are thriving — food delivery companies for one. Demand is up as Americans shelter in place.

* * *

Nova Safo : The companies announced Monday that they have reached an agreement for Uber to acquire Postmates for about $2.65 billion in an all-stock deal.

A European firm, Just Eat Takeaway, ended up buying Grubhub . And now Uber is buying Postmates, which itself had had discussions with rivals over potential tie-ups.

Publisher: Marketplace
Date: 2020-07-06T13:52:41-07:00
Twitter: @Marketplace
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Corporations put the brakes on pandemic borrowing - Marketplace

As the economy slowed down at the outset of the coronavirus pandemic, a lot of corporations opted to ride out the slowdown by borrowing up a storm. Corporate borrowing soared over the last few months as companies took advantage of low interest rates to pay their bills with borrowed money. But new data from the outfit Refinitiv shows that corporate borrowing dropped last week to its lowest level since early March.

When companies were piling on debt back in March, April and May, the economic picture was far from clear, said Steven Davidoff Solomon, corporate law professor at the University of California, Berkeley.

Publisher: Marketplace
Date: 2020-07-06T20:43:17-07:00
Twitter: @Marketplace
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Warren Buffett's Berkshire acquires natural gas assets from Dominion Energy - Marketplace

Berkshire Hathaway Energy, part of Warren Buffett's famous company, announced it will acquire Dominion Energy's natural gas transmission and storage business. The deal is valued at close to $10 billion.

* * *

Kimberly Adams : So Berkshire Hathaway is picking up about 7,700 miles worth of natural gas transmission pipelines, Dominion’s large natural gas storage facilities, plus part ownership of an LNG export facility — that’s liquefied natural gas. But a big chunk of this $9.7 billion deal is actually Berkshire taking over debt, almost $6 billion worth of Dominion’s debt. And Dominion says now it’s planning to focus more on its state-regulated utility businesses.

Publisher: Marketplace
Date: 2020-07-06T13:37:17-07:00
Twitter: @Marketplace
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The Future Freelance Marketplace: Building The Virtual Town Square

We are nearing the dog days of summer here in NYC and it's a good – no, necessary - season for dreaming about the future. Dreaming is, I think, the right word in these pandemic times. In fact, I own a painting by Thomas Pender, a little known but wonderful Australian aboriginal artist, that represents Dreamtime, if I've used the term correctly. Like any good piece of art, it invites reflection. 

In a world where more and more work is conducted on a remote and distributed basis, and certainly where activity is globally distributed, the digital talent marketplace should be a place where part- and full-time freelancers, and clients and colleagues, commune. 

Publisher: Forbes
Date: 2020-07-06
Author: Jon Younger
Twitter: @forbes
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