Americans are expected to receive payments as part of a $152.2 million settlement involving allegations that companies overcharged customers for canned tuna products. StarKist and Lion Capital have agreed to the settlement, which stems from a lawsuit accusing the companies of conspiring to raise prices. Settlement Details While executives from both companies have not admitted…
With falling interest rates making headlines, the housing market is gaining attention. Mortgage applications surged by 14.2% for the week ending September 13th, according to the Mortgage Bankers Association (MBA). The MBA’s weekly survey revealed that the average 30-year fixed mortgage rate stood at 6.15% during this period, marking the lowest rate in two years—a…
Tupperware Brands (TUP) has made a surprising move by filing for Chapter 11 bankruptcy to reorganize its debts and prevent an ad hoc group of its lenders from taking over the business through foreclosure. This decision marks a pivotal moment for the company as it seeks to address significant financial challenges. Struggles Amid Economic and…
The automotive industry has faced significant challenges this year, forcing several major companies to file for Chapter 11 bankruptcy. Fisker Group’s Bankruptcy Filing Electric vehicle manufacturer Fisker Group became the only automaker to file for bankruptcy this year, seeking Chapter 11 protection on June 18. The California-based EV maker cited various market pressures and macroeconomic…
Good news for taco lovers! El Taco Macho is gearing up to open a new restaurant in Strongsville, as announced in a recent social media post. This exciting addition will be located at 14795 Pearl Rd, marking the second location for El Taco Macho, which already operates in Painesville at 1613 Mentor Ave. Tantalizing Taco…
In a shocking incident on Interstate 90, drivers faced terrifying scenes as a masked mob took over the highway, leaving many feeling unsafe during nighttime hours in Cleveland. Tim Beck, a party bus driver for PST LLC, was transporting passengers home from a night out when he encountered the takeover at 4 a.m. Sunday. He…
Frontier Airlines is expanding its offerings with a new nonstop flight from Cleveland Hopkins International Airport to Palm Beach International Airport, starting December 21. This route will operate weekly, providing travelers with a convenient option to escape the winter chill for the warm beaches of South Florida. To celebrate this exciting announcement, Frontier is launching…
A Cleveland man has been sentenced to life in prison for his role in the brutal killings of four individuals in a home. Terrell Silver, 35, was found guilty of multiple charges, including seven counts of aggravated murder, four counts of murder, five counts of felonious assault, one count of attempted murder, and one count…
The FOX 8 I-Team has revealed alarming incidents of violence during street takeovers in Cleveland last weekend, including an assault on an off-duty police officer. The chaos unfolded as large crowds took over city streets for hours, despite police receiving prior warnings about the gatherings. Off-Duty Officer Attacked The violence escalated with the beating of…
Pork Dynasty Inc. of Texas is recalling nearly 470 pounds of fried pork skin products due to undeclared allergens and misbranding, as reported by the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) on Friday. Details of the Recall In an online notice, the FSIS stated that the impacted products contain soy, which…