business news this week

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Starbucks workers in Valparaiso file for union election

Workers at a Starbucks in Valparaiso filed for a union election that could make the coffee shop on LaPorte Avenue just the second unionized Starbucks in Indiana, saying they have trouble paying their bills at a time when the company is reaping record profits.

Hourly workers at the Starbucks at 2310 LaPorte Ave., near Target at the Valparaiso Marketplace outdoor shopping mall, asked the National Labor Relations Board for union representation. An overwhelming majority of workers at the store signed union authorization cards, according to the Chicago and Midwest Regional Joint Board of Workers United.

Spokespeople for Starbucks, the Seattle-based

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Banking regulator launches consultations on mortgage rules, proposes additions – Business News
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Banking regulator launches consultations on mortgage rules, proposes additions – Business News

Loan risks increase

The Canadian Press – | Stories: 405884

Canada’s banking regulator is launching public consultations on existing and newly proposed mortgage lending rules as it says loan risks have increased considerably since the start of the COVID-19 pandemic.

The Office of the Superintendent of Financial Institutions says the consultations around the B-20 mortgage underwriting rules will focus on measures to ensure borrowers will be able to manage their debts.

A key part of the existing rules is the minimum qualifying rates, otherwise called the mortgage stress test, which

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Pizza, Panda Categorical and shelters topped 2022 Oshkosh enterprise information
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Pizza, Panda Categorical and shelters topped 2022 Oshkosh enterprise information

Editor’s be aware: This story has been up to date with the right title for Rebecca Wesenberg, who’s the property supervisor for Rusch Properties.

OSHKOSH – There’s by no means any scarcity of enterprise information in Oshkosh, however new chains coming to the world and even the potential of flying electrical autos appeared to pique readers’ curiosity in 2022.

Probably the most-read tales this 12 months additionally, sadly, included the closing of standard companies — although not less than a dart bar has plans within the works to return beneath a brand new title and renovations in early 2023. Notably,

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Visa and MasterCard agreed to lower the average credit card interchange fee below 1%

The government has announced new details of an agreement with Visa and MasterCard that will see them lower the amount that they charge retailers when a customer pays for a purchase with a credit card.

Known as so-called interchange fees, they have long irritated merchants by allowing the credit card company to keep a percentage of each sale, instead of a flat fee for each transaction.

On Thursday, the government announced a deal with the two card companies that will reduce interchange fees for in-store transactions to 0.95 per cent, on average.

That means on a $100 purchase, if a

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Business celebrates 10,000 customers – WBBJ TV

JACKSON, Tenn. — An internet company celebrated a major milestone.

Aeneas Internet and Telephone is celebrating it’s 10,000 customers!

The company hosted a celebration for its customers in downtown Jackson. There was food and entertainment provided by Tyler Goodson.

Customers also got the chance to enter a raffle for prizes such as a smart TV and up to two months for free internet service.

“We’ve been able to reach a lot of people who have

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NFL Draft 2023 winners, losers from Day 3: Howie Roseman has Georgia on his mind; Patriots moves not special

The 2023 NFL Draft is in the books. The crew here at CBSSports.com has you covered with all the news and analysis you could ever want, but we know what you’re here for: winners and losers.

We previously chronicled which teams won and lost Day 1 and Day 2 of the draft, and in the space below, you’ll find out who had the best and worst go of things on Day 3. Don’t forget to visit our Draft Hub for analysis of every pick in every round, and much more news and notes on the draft.

Winner: Eagles, again

It’s

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GDP Growth Slowed, But It’s Not All Bad News

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Another quarter, another Rorschach test on the state of the American economy.

Surprisingly slow GDP growth stole all the headlines following Thursday’s release of new data from the US Commerce Department, but peel back a layer or two and there are plenty of signs of resilience. At this point, it may be worth asking: is this what a soft landing feels like?

Spend, Baby Spend

growth did slow down in the first three

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Home-based workers became younger, more diverse in pandemic – Business News

People working from home are becoming younger, more diverse, better educated and more likely to move on during the worst part of the COVID-19 pandemic, according to

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