Industry News

Target is getting serious about play. A year after the Minneapolis-based retailer switched from its focus on schools to health and activities, it has committed $40 million to new playgrounds, community gardens, outdoor classrooms and other projects that promote a healthy lifestyle. For the 266 students at Northeast College Prep Charter School in Minneapolis, that means a new playground built with the largesse from Target and the nonprofit KaBOOM!"/>
Target shifts its giving strategy, promotes the power of play [Star Tribune (Minneapolis)]
Toyota Motor Corporation will be exhibiting at the 23rd Intelligent Transportation System World Congress, which will be held from October 10 to 14 in Melbourne, Australia. The primary theme of the Congress this time is, "ITS-Enhancing Liveable Cities and Communities", where the aim is to explore new value-added features and services such as interconnected cars, automated driving technologies, smart cities, and new urban mobility means. Toyota will be..."/>
Toyota to Exhibit on Cooperative ITS at the 23rd ITS World Congress in Melbourne
Viacom Inc. today announced that it has agreed to sell $400 million in aggregate principal amount of 2.250% senior notes due 2022 at a price equal to 99.692% of the principal amount thereof and $900 million in aggregate principal amount of 3.450% senior notes due 2026 at a price equal to 99.481% of the principal amount thereof. The sale of the Senior Notes is expected to close on October 4, 2016, subject to customary closing conditions. Viacom intends to use the net..."/>
Viacom Announces $1.3 Billion Debt Offering
Alterra International has the 13- story downtown St. Louis building under contract, said he plans to complete the purchase in December."/>
Jefferson Arms project could begin in January [St. Louis Post-Dispatch]
Darden Restaurants to scrap the routine use of antibiotics in its meat supply chain failed a shareholder vote Thursday. The preliminary results showed a loss for shareholder proposal backed by an environmental investment group Green Century. Animal rights and environmental groups have criticized rancher and chicken and pork suppliers for overusing antibiotics to increase their size of their animals, while putting humans at risk."/>
Darden shareholders balk at measure to curb antibiotics in meat supply [Orlando Sentinel]
Nordstrom is among the businesses debuting, with festivities that include a two-hour "beauty bash" running from 8 a.m. to 10 a.m., when the store officially opens. The Nordstrom store will be Austin's second, joining one at Barton Creek Square."/>
Nordstrom, other new Domain Northside retailers debut Friday [Austin American-Statesman]
T3 Motion, Inc., the global leader in the design and delivery of electric vehicles and tactical technology to the law enforcement, military, and security markets, announced the engagement of TAAD LLP as their new independent registered public accountant to complete the audits and reviews of all of outstanding financial statements, including those that were not completed under previous management for fiscal years 2012 through 2015.. T3 Motion's new..."/>
T3 Motion, Inc. Appoints New Auditors and Announces Plans for the Future
Amazon.com Inc.' s latest expansion in the Sacramento area has been showing up in Safeway supermarkets and other retail sites. They're Amazon Lockers, self-service customer pick-up sites that let online shoppers retrieve Amazon orders at their convenience in a secure setting. Locally, most of the lockers are in Safeway markets, but 7- Eleven and Circle K also have them."/>
Amazon Lockers popping up in Sacramento [The Sacramento Bee]
Tesla Motors executive said today that Michigan's denial of the electric car maker's license to sell cars directly to consumers won't help a future bid by the state to attract a Tesla assembly plant. Diarmuid O'Connell, Tesla vice president of business development, spoke Thursday morning at the World Mobility Leadership Forum at the Westin Metro Airport. He said Tesla has dozens, "if not hundreds of suppliers" in Michigan, including a tool and die operation in Grand..."/>
Tesla exec: Michigan ban on direct sales may cost it a future car plant [Detroit Free Press]
Extended Stay America, Inc. and ESH Hospitality, Inc. today announced the pricing of the underwritten secondary offering of 13,000,000 Paired Shares, each Paired Share consisting of a share of common stock of Extended Stay America, Inc. and a share of Class B common stock of ESH Hospitality, Inc., which are attached and trade together as Paired Shares. The Paired Shares were offered by certain selling stockholders affiliated with Centerbridge Partners, L.P.,..."/>
Extended Stay America Announces Pricing of Secondary Offering and Repurchase of Paired Shares
Starbucks. After Pandora moved from this location to Tanger 1 in May, Auntie Anne's opened a new shop at Tanger 2 in August, according to Ashley Doepp, general manager at Tanger Outlets."/>
BRIEF: Good news for Bluffton shoppers with a pretzel addiction [The Island Packet (Hilton Head Island, S.C.)]
SolarCity's cash crunch continues to ease. The solar energy systems installer plans to raise $347 million to fund solar installations at homes and small businesses through a pair of funds arranged through Citigroup. The financing, coupled with a $305 million cash equity funding deal earlier this months, will give SolarCity more than $650 million in new financing to pay for its solar installations, many of which are sold using SolarCity's no-upfront cost sales model."/>
Citigroup, SolarCity reach deal to cover upfront installation costs for systems [The Buffalo News, N.Y.]
Cable boxes aren't going away just yet [Philly.com]

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