by Charbel Lebbos | Aug 9, 2022 | business, Local News
Ohio’s casinos and racinos took in $206.7 million in gambling revenue in July, just short of a record they set in 2021, but well ahead of pre-pandemic figures. Combined, the 11 facilities’ revenue was 2% short of the $211.2 million during July 2021. But revenue is up...
by Charbel Lebbos | Aug 8, 2022 | business
People are going back to cash to keep tighter control on their spending as living costs soar, according to new research by the Post Office. Post offices handled £801m in personal cash withdrawals in July, the most since records began five years ago. That’s up...
by Charbel Lebbos | Aug 8, 2022 | business
Indian automaker Tata Motors has agreed to buy a Ford manufacturing plant in the western state of Gujarat for 7.26bn rupees ($91.5m). The deal comes as Tata moves to boost its car production to meet demand. The deal between Tata’s electric vehicle subsidiary and...
by Charbel Lebbos | Aug 8, 2022 | business
Australian airline Qantas has asked senior executives to work as baggage handlers for three months as it tries to tackle an acute labour shortage. The firm’s head of operations is looking for at least 100 volunteers to work at Sydney and Melbourne airports....
by Charbel Lebbos | Aug 5, 2022 | business
Heavily-indebted Chinese property giant Evergrande says it will receive $818m after cancelling a contract to buy land rights for a new football stadium. Construction of the stadium started more than two years ago but has been hit by issues for months. The stadium was...
by Charbel Lebbos | Aug 4, 2022 | business
Homebuyers are getting some relief. The average rate on a 30-year fixed rate mortgage nationally is below 5% for the first time since April. The average rate on a 30-year fixed mortgage was 4.99% Thursday, down from 5.3% a week ago, according to Freddie Mac, a...
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