Takata air bag blamed in seventh death in crash
Honda confirms a 2005 Honda Civic crash in Lafayette Louisiana caused the death of Kylan Langhnais due to rupture of a Takata air bag inflator. The incident marks the seventh air bag related death worldwide linked to the recall affecting 33.8 million inflators.
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Lafayette
Kylan Langhnais
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Wingstop Debuts Strongly With 60 Percent Day Rise
Wingstop began trading Friday and surged 60 percent, closing at 30.42 after debuting 5.8 million shares priced at 19. Dallas based Wingstop has 712 restaurants in 36 states and six countries, led by spokesman Troy Aikman. The chain emphasizes made to order wings, simple menus, and lean store sizes to appeal to millennials.
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Texas
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Buyers finally opening wallets amid May retail surge
Consumers boosted spending in May with 1.2 percent growth driven by autos, clothing, and building supplies. Excluding autos and gasoline, sales rose 0.7 percent, while March’s gains were revised higher. TD Economics notes improving job market and real-wage gains support further spending, lifting 2015 growth prospects.
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Strom
Commerce Department
Bloomberg
Census Bureau
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Barclays
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Capital Economics
Andrew Labelle
TD Economics
Shaq joins Loyal3 advisory role to bring fame and focus
Former NBA star Shaquille O Neal is joining Loyal3, a San Francisco brokerage, as an advisory board member. He has long held investments in Apple Google and General Electric and says his aim is to back companies he loves. Loyal3 offers no fee to investors, charging companies instead, and targets retail buyers with familiar brands amid a competitive brokerage landscape.
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Shaquille O’neal
O’neal
Loyal3
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DIS
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Shaquille
Pepsico
Apple
General Electric
Wal-Mart
WMT
Google
Warren Buffett
TD Ameritrade
TDA
Charles Schwab
SCHW
Fidelity
Robinhood
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