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Clark County Business Briefing, Aug. 31, 2024

August 31, 2024, 6:03am Business

People in Business Read story

Work to install an arched timber portico over the main entrance to the hexagon-shaped Shari's Cafe &amp; Pies restaurant was part of a major construction facelift completed recently on the venue at 305 S.E.

Restaurant chain Shari’s faces closures, legal battles

Work to install an arched timber portico over the main entrance to the hexagon-shaped Shari's Cafe &amp; Pies restaurant was part of a major construction facelift completed recently on the venue at 305 S.E.

August 31, 2024, 5:59am Business

Once known for bottomless cups of coffee and a vast array of pies, Shari’s Cafe & Pies is becoming synonymous with restaurant closures and legal battles across multiple Washington counties as well as in Idaho and Oregon. Read story

Heinz ketchup is displayed on shelves at a Walmart Supercenter in Austin, Texas.

Heat complicates Heinz’s efforts to climate-proof ketchup

Heinz ketchup is displayed on shelves at a Walmart Supercenter in Austin, Texas.

August 31, 2024, 5:59am Business

For Heinz ketchup, nothing is more important than tomatoes. Sure, by calories, a tablespoon of the flagship condiment is 80 percent added sugar. But by weight — and frankly, by reputation — it’s Heinz Tomato Ketchup for a reason. Now some of those tomatoes are in peril from climate change. Read story

Haley Pavone holds one of her Pashion Footwear shoes, which transform from flats to heels, in her San Luis Obispo, Calif., office on Aug. 7.

California entrepreneur’s shoes are both flats and heels

Haley Pavone holds one of her Pashion Footwear shoes, which transform from flats to heels, in her San Luis Obispo, Calif., office on Aug. 7.

August 31, 2024, 5:57am Business

A sophomore at Cal Poly San Luis Obispo took off her shoes at a spring sorority formal to bust a move on the dance floor. Then another girl stepped all the way through the sophomore’s toe with a high heel. The sophomore was Haley Pavone, now the chief executive of… Read story

Chick-fil-A may soon be known for more than its chicken sandwiches as the restaurant chain is  reportedly moving into the entertainment space with its own streaming platform.

Chick-fil-A may launch own streaming service

Chick-fil-A may soon be known for more than its chicken sandwiches as the restaurant chain is  reportedly moving into the entertainment space with its own streaming platform.

August 31, 2024, 5:56am Business

It’s “Vanderpump Rules,” but make it fast food. Read story

Survey: ATM fees reach 26-year high while overdraft fees inch back up

August 31, 2024, 5:45am Business

Accessing the money from your checking or savings account keeps getting more expensive, if you’re using an out-of-network ATM. In fact, average total ATM fees continue their climb to $4.77 this year, according to Bankrate’s 2024 checking account and ATM fee study. This reflects an increase from $4.73 last year… Read story

U.S. workforce is seen expanding just 0.4% a year in coming decade

August 31, 2024, 5:45am Business

The U.S. labor market is expected to grow by 0.4% a year through 2033, less than one-third of the pace in the preceding decade, according to new Bureau of Labor Statistics projections. Read story

FILE - People approach the New York Stock Exchange on Aug. 27, 2024, in New York.

Stock market today: Wall Street climbs as S&P 500 closes out fourth straight winning month

FILE - People approach the New York Stock Exchange on Aug. 27, 2024, in New York.

August 30, 2024, 1:43pm Business

Stocks on Wall Street finished broadly higher Friday as the market closed out its fourth straight winning month with solid gains. Read story