Amherst Target set to open Oct 16 on Oak Point Road
Target in Amherst at Oak Point Road near Deerfield Town Center expects a October 16 opening. The three acre store nears completion as crews stock inventory and streetscape work continues. McGill Properties and Lowe’s plan additional development with the complex valued around 18 million dollars and 30 percent of space leased. A mass hiring event is planned at the Elyria Holiday Inn to fill management and retail positions.
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Amherst
Target Department
Oak Point Road
Target
George Green
Kaye Browning
Browning
Deerfield Town Center
David Taylor
Solon
Matt McGill
McGill
Lowe's
Lorain
Greene
Holiday Inn
Elyria
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Lenders end zero down mortgages amid widening credit crunch
The national credit squeeze tightens as lenders curtail or eliminate no money down loans. Buyers must now provide at least a three percent down payment, with higher shares common to avoid mortgage insurance. Jumbo loans also rise, signaling broader impact beyond subprime.
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United States
Michael Menatian
Sanborn Mortgage Corp
West Hartford
Conn
National Association of Realtors
Michael Sheahan
Webster Bank
Connecticut
Sheahan
Menatian
Wall Street
American Home Mortgage Investment Corp
New Century Financial Corp
Chinese businessman Cheung Shu-hung dies by apparent suicide
Southern Metropolis Daily reports Cheung Shu-hung, co owner of Lee Der Industrial Co., died by his own action at a warehouse over the weekend. The death comes amid a global recall of Lee Der made Fisher Price branded Sesame Street toys for excessive lead paint. The recall cost the company about $30 million.
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Run
Cheung Shu-hung
Lee der Industrial Co
Southern Metropolis Daily
Cheung
Lee der
China
Mattel Inc
U.S
Big Bird
Elmo
Dora
Diego
Metropolis
LeeDer
Ex Adelphia execs face long North Carolina prison terms
John Rigas aged 82 and his son Timothy Rigas were sentenced to 15 and 20 years respectively for Adelphia collapse crimes. The case stemmed from securities fraud and related offenses after a years long corporate looting. The pair will serve time in a low security NC facility, separated from home, amid routine prison duties.
MENTIONED IN THIS ARTICLE
Adelphia
N.C
Raleigh
John
Timothy Rigas
Adelphia Communications
Tim
Ania
North Carolina
Tory
John Rigas
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