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Newspaper
Sun Journal
Location
New Bern, North Carolina, United States of America
Date
Oct 02, 2020
Page
5
Ireland's Supreme Court ruled Subway bread cannot be a staple food due to 10 percent sugar by weight of flour, invalidating VAT exemption in a tax dispute by Book Finders Ltd. The decision notes heated sandwiches push bread above the legal sugar threshold. Separately, H M fined 35.3 million euros for spying on employees in Germany.
Helen Jeanette Banks 77 of Trenton died September 30 2020. She is survived by her son T J Banks and spouse Pamela of Trenton, daughter Jeanette Banks of Trenton, brother Johnny Herring and spouse Peggy of Goldsboro, sisters Lou Carrell of Mt Olive and Mary Hicks and Charlie of Northport AL, six grandchildren, one great grandchild and numerous nieces and nephews. Private graveside service will be held at a later date. Arrangements by Kahlert Funerals Cremations in Maysville.
Margie Caraway Lee age 92 of New Bern died Tuesday September 29 2020. Survived by five grandchildren and seven great grandchildren. Family receives friends October 11 from 10 to 11 a.m. at Cotten Funeral Home with a funeral service at 11 a.m. in the Chapel. Burial at Greenleaf Memorial Park. Arrangements by Cotten Funeral Home and Crematory.
U S housing demand surges to decade highs as mortgage rates hit records and supply remains tight. August sales reach 6 million annual rate for existing homes, while new home sales rise 4.8 percent to 1.01 million. Prices climb with a median of 315,000, driven by millennials entering the market and a severe supply shortage.
Arabtec Holding PJSC, the Dubai based contractor behind the Burj Khalifa and Louvre Abu Dhabi, said it will enter liquidation as Dubai’s debt plagued economy and the coronavirus downturn push the company into unwinding. The Dubai Financial Market halted trading after emails circulated about the end of Arabtec. Mubadala is among its largest investors.
Sun Journal staff reports BenchMark Physical Therapy opened an outpatient clinic at 2026 Waterscape Way Suite 13 New Bern offering orthopedic physical therapy manual therapy injury prevention return to performance and total joint replacement programs. Bench MarkPT.com is part of Upstream Rehabilitation and provides access to care within 24 hours and accepts all insurance types.
On his first day as CEO Jim Farley replaces CFO Tim Stone, who leaves Oct. 15 for an AI firm. Stone joined Ford last year from Amazon and will be succeeded by John Lawler, a 30 year Ford veteran overseeing autonomous vehicle operations. Ford aims to accelerate its $11 billion restructuring and reach an 8 percent pretax margin, though no timetable is given.
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