Industry News

Comcast announced a move this week meant to chip away at the "digital divide," or lack of high-speed internet access in low-income households. The internet provider opened its $9.95- a-month Internet Essentials service to those in public housing, including people who get Section 8 vouchers. Previously, Internet Essentials was only open to households with a child who gets free or reduced lunch, so Comcast says the change should let more senior citizens and other poor..."/>
More low-income Chattanoogans eligible for $9.95 monthly high-speed Internet through Comcast [Chattanooga Times Free Press, Tenn.]
Aditya Birla Fashion and Retail Ltd, consolidating its branded..."/>
Our focus is on delivering the brand promise: Pranab Barua [Mint, New Delhi]
VRL Logistics Ltd through a block trade on the stock exchanges for around Rs.147 crore, said two people aware of the development. The share sale resulted in a complete exit for NSR, which had invested Rs.175 crore in the company in 2012.. NSR had earlier part exited the firm through an initial public offering in April 2015."/>
NSR exits VRL Logistics through Rs147 crore block trade [Mint, New Delhi]
Under Armour CEO Kevin Plank, has purchased numerous properties from a major commercial landlord near Hollins Market in Southwest Baltimore, according to another developer and others involved in the community. Land records show more than 30 properties in the area, many of them owned by James Collins of Pantanal Properties, were sold last month, many on the same day, for more than $3.1 million. The buyers, nine separate limited liability companies,..."/>
Scott Plank takes stake in Hollins Market neighborhood [The Baltimore Sun]
Starbucks. The proposed grocery store is a huge win for the south side and Clark County, Springfield Mayor Warren Copeland said. "I'd rather have it on this side of the interstate, but I'm very happy to have a Kroger that's up to modern standards on the south side," Copeland said."/>
Proposed $20M Kroger Marketplace to employ 350 in Springfield [Springfield News-Sun, Ohio]
Cullinan Properties says its Lofts@ Euclid, a St. Louis apartment project in the Central West, is 50 percent leased. The building at 625 North Euclid Avenue has 87 loft apartments and ground-floor commercial space."/>
BRIEF: Lofts@Euclid 50 percent leased [St. Louis Post-Dispatch]
UnitedHealth Group and 3 M Co.-- that are part of the 30 firms forming the Dow Jones industrial average played an outsized role in the return of the broad market index to record high territory this week. The index, which is formed by adding the prices of the 30 companies and then dividing them by a divisor, climbed a little over 10 points on Friday to another record, its fourth this week. On Tuesday, the Dow first surpassed its previous high of 18,312.39..."/>
Minnesota's Dow Jones industrials components helped push index to new high [Star Tribune (Minneapolis)]
Amazon.com and Barnes& Noble. "This agreement is focused on North America, but it's..."/>
Simon & Schuster to market Hazelden books [Star Tribune (Minneapolis)]
Sears and Cielo Vista's quasi food court, said officials at the East Side mall. It will have an outside patio with an outside entrance."/>
Johnny Rockets plans Cielo Vista location [El Paso Times, Texas]
Target begins its soft opening Wednesday, and PetSmart..."/>
Hamilton Crossings on target to open first stores next week [The Morning Call (Allentown, Pa.)]
Carmike Cinemas, facing opposition from shareholders over the purchase of the company by AMC Entertainment Holdings, again has put a special vote to approve or disapprove the sale on hold. The special meeting, scheduled Friday in Atlanta, has now been pushed to July 25. The company reiterated that those permitted to vote on the acquisition by AMC, valued at $1.1 billion, is for those who owned shares of its common stock on May 18.."/>
Carmike Cinemas postpones special shareholder vote on $1.1 billion buyout by AMC once again [Columbus Ledger-Enquirer, Ga.]

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