Industry News

Tesla Motors to disable its Autopilot system until it can verify a driver's hands are on the steering wheel. The consumer advocacy organization also suggested Tesla rename the technology. "By marketing their feature as' Autopilot,' Tesla gives consumers a false sense of security," says Laura MacCleery, vice president of consumer policy and mobilization for Consumer Reports."/>
Consumer Reports urges Tesla to disable Autopilot [Detroit Free Press]
Finish Line, Inc. announced today that its board of directors has declared a quarterly cash dividend of $0.10 per share of outstanding common stock. The quarterly cash dividend will be payable on September 12, 2016 to shareholders of record as of August 26, 2016.. The Board also authorized a new five million share repurchase plan."/>
Finish Line Declares Quarterly Cash Dividend, Board Authorizes New Share Repurchase Plan
El Pollo Loco, the nation's leading fire-grilled chicken chain, opened its newest location in Menifee, CA today. The restaurant, located at 30147 Haun Road is the first location to open in the city of Menifee.. "We are excited to continue expanding in our home state of California and offer another conveniently located destination for individuals and families to enjoy our handcrafted dishes,” said Steve Sather, Chief Executive Officer at El Pollo Loco.“ Our..."/>
El Pollo Loco Announces the Grand Opening of New Menifee Restaurant
Dana Holding Corporation announced today that it will begin selling its original-equipment line of gaskets and sealing products, under the Victor Reinz ® brand name, directly to its network of aftermarket customers in North America, effective Nov. 1, 2016.. For the past decade, Mahle Aftermarket has held the rights to distribute these gaskets under the Victor Reinz name in North America. Victor Reinz sealing products, engineered and..."/>
Dana to Directly Sell Victor Reinz® Gaskets to Aftermarket Network in North America
Marriott will be located at the intersection of Dixie River Road and Trojan Drive, on a lot that's currently vacant. Raleigh-based MJM Group is developing the $20 million project, which will include amenities such as an outdoor pool, meeting spaces and a fitness center."/>
BRIEF: 120-room hotel headed to Steele Creek [The Charlotte Observer]
Choice Hotels International, Inc. today announced that it will report its second quarter 2016 results before the market opens on Tuesday, August 2, 2016. The company will also hold a conference call at 10:00 a.m. EDT. Stephen P. Joyce, chief executive officer, and Scott Oaksmith, chief accounting officer, of Choice Hotels will discuss the company's performance."/>
Choice Hotels to Report Second Quarter Earnings and Hold Investor Conference Call on August 2, 2016
Wizard World, Inc., a leading producer of entertainment and pop culture events in North America, today announced that it has promoted Randy Malinoff to the position of Executive Vice President and Chief Operating Officer. The announcement was jointly made by Paul Kessler, Chairman of the Board, and John D. Maatta, President and Chief Executive Officer of Wizard..."/>
Wizard World Promotes Entertainment Veteran Randy Malinoff as Executive Vice President and Chief Operating Officer
Scholastic Corporation announced the following schedule and teleconference information for its fourth quarter and fiscal year 2016 earnings release:. Earnings Release: Thursday, July 21, 2016 at approximately 7:00 AM by public distribution and on the Company's website at and Conference Call: Thursday, July 21, 2016 at 8:30 AM hosted by Richard Robinson, Chairman, President and CEO, and..."/>
Scholastic Corporation Announces Date for Fourth Quarter and Fiscal 2016 Earnings Release and Teleconference
Marriott International, Inc. today celebrates the groundbreaking of its first-ever hotel to contain three of its brands in a single building– a concept that underscores the company's commitment to innovate in ways that benefit both consumers and the development community. The landmark project will rise in Nashville's SoBro neighborhood, which over the last few years has been transforming into a bustling area filled with restaurants,..."/>
Construction Begins on Marriott's First-Ever Triple-Brand Hotel, Located in Nashville's Popular SoBro Neighborhood
Could Miami cigar industry go up in smoke? [The Miami Herald]
KB Home is celebrating the grand opening of its Groves collection of townhomes and Greencourts single-family homes at the Inspirada master-planned community in Henderson. A grand opening event is scheduled to take place on Saturday, July 16, where visitors can tour new model homes..."/>
KB Home Celebrates the Grand Opening of Groves and Greencourts at Inspirada in Henderson
Peak Resorts, which owns the Hidden Valley Ski Area in Wildwood. Peak Resorts, which is based in Wildwood and operates 14 ski resorts nationally, said its profit for the fourth quarter that ended April 30 was flat at $13.49 million, or 50 cents a share, compared with $13.49 million, or $1.54 a share a year earlier. Revenue in the quarter fell to $45.5 million, down from $47.05 million a year earlier."/>
BRIEF: Warmer weather cuts into Peak Resorts' 4Q revenue [St. Louis Post-Dispatch]

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