Bertucci's files Chapter 11 as restaurants face closure
Northborough based Bertucci's, owner of 59 operating locations, filed Chapter 11 bankruptcy and plans to reject 29 leases. The chain warns of liquidation risk absent a quick sale to Right Lane Dough Acquisitions LLC. Over 4,200 workers remain employed amid about 119 million dollars in debt.
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Bertucci’s
Northborough
Mass
Right Lane Dough Acquisitions LLC
Levine Leichtman Capital Partners
Can you cut social media ties entirely
A Pew Research Center study found 59 percent of U S social media users surveyed between January 3 and January 10 said quitting social media would not be hard The report follows Facebook data access by Cambridge Analytica and calls for scrutiny by the Federal Trade Commission The episode spurred Buy Ads pullback and DeleteFacebook trends on Twitter
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NKTR
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VRTX
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ALXN
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Russell shares dip as market shows mixed signals
Russell index closes at 1,563.03 with a 0.9 percent daily decline, while year to date change sits around 1.8 percent. Market observers note modest volatility amid rotating sectors and ongoing macro concerns.
Tariffs on Chinese tech would raise U.S. consumer prices
A industry study says proposed tariffs on Chinese technology would push U.S. shoppers to pay about 23 percent more for TVs monitors batteries and printer ink and cartridges. Analysts note higher prices across TV and electronics categories with retailers offsetting some costs.
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China
Trump
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CTA
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NRF
Gary Shapiro
U.S
Matthew Shay
Baughman
Daniel Ives
GBH Insights
Facebook and Facebook ties shift as users drift between platforms
A Pew survey shows younger users embrace social networks more than older users, narrowing the assumed gap. Facebook may lose some users but unlikely to lose all social network engagement as some migrate to Instagram Snapchat Twitter or YouTube. Motley Fool holds Facebook and TWTR stock and recommends them.
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