Industry News

Starbucks is raising the base pay of all employees, including store managers, in its U.S. company-owned stores by 5 percent or more starting Oct. 3.. The range of increase will depend on "geographic and market factors and is intended to ensure Starbucks remains a retail employer of choice in all the markets where we operate," CEO Howard Schultz wrote in a letter to employees Monday. Starbucks declined to disclose how much pay will be rising in the Seattle area or any..."/>
Starbucks hikes base pay for all employees and bumps up stock awards [The Seattle Times]
Dick's Sporting Goods? The retailer is now hiring for its new store at the Hamilton Crossings shopping center in Lower Macungie Township. The store is expected to open in August, Dick's said Monday in a news release."/>
Want to work at Dick's? Retailer to hire 70 for Hamilton Crossings store [The Morning Call (Allentown, Pa.)]
Grey Group Acquires Belgian Ad Agency Famous' s "Prime Day." The inaugural Prime Day last year brought a summertime Cyber Monday of sorts to Amazon Prime members, who pay an annual fee for perks and free shipping privileges."/>
Sarasota Herald-Tribune, Fla., Maggie Menderski column [Sarasota Herald-Tribune, Fla.]
CATHAY GENERAL BANCORP TO ACQUIRE SINOPAC BANCORP FOR USD 340 M Los Angeles, US-based bank holding company Cathay General Bancorp and Taiwan-based bank holding company Bank SinoPac Co. Ltd. have signed a stock purchase agreement for Cathay to acquire Bank Sinopac's US-based SinoPac Bancorp subsidiary forUSD 340 m, the companies said. SinoPac Bancorp, through its subsidiary Far..."/>
M and A Navigator: Deal pipeline –12 July
Starbucks workers soon will get pay raises of at least 5 percent, but will they also be allowed to sport hair color of their choosing? As employees reacted Monday to a memo from Starbucks CEO Howard Schultz announcing wage hikes and other workplace changes, some were most excited by the promise of unspecified dress code modifications. "Maybe I can expand my hair colour choices to include something a little more fun than red!""/>
Starbucks announces higher pay, other worker perks; might one be purple hair? [Chicago Tribune]
Chicago Tribune Phil Rosenthal column [Chicago Tribune]
Comcast will be performing maintenance on its York County system on Wednesday that mightaffect a small number of previously scheduled DVR recordings, according to a company spokesman. Bob Grove said "well over 90 percent" of customers will be unaffected, but because of the nature of the maintenance, some recordings scheduled for after Wednesday might be canceled. The only recordings that are expected to be affected are for "much older programming," Grove said, adding that..."/>
BRIEF: Comcast maintenance in York might impact DVR settings [The York Dispatch, Pa.]
Sprint is taking fire from an unexpected source-- television reformers. The Parents Television Council has targeted Overland Park-based Sprint and electronics manufacturer Samsung because their advertisements appeared during two episodes of a show called "Dating Naked." Sprint's ads appeared on the program as a result of how television advertising works."/>
Sprint, Samsung advertising during 'Dating Naked' show draws fire [The Kansas City Star]
Getting a bead on business [Sun Journal, Lewiston, Maine]
Salem Media Group, Inc. announced today that it plans to report its second quarter 2016 financial results at 2:00 p.m. on August 4, 2016.. The company also plans to host a teleconference to discuss its results on August 4, 2016 at 2:00 p.m. Pacific Time. To access the teleconference, please dial 241-1527, and then ask to be joined into the Salem Media Group call or listen via the investor relations portion of the company's website, located..."/>
Salem Media Group Schedules Second Quarter 2016 Earnings Release and Teleconference
Jamba ® Enters Deal with Experienced Franchise Group as Growth Continues in U.S. EMERYVILLE, Calif.---- Jamba Juice, a leading health and wellness brand, announced today that as part of its ongoing east coast expansion it has entered a development agreement that will yield twenty new locations in the greater Detroit market. The agreement was reached with Kevin Denha and Omar Ammori, industry franchising leaders and includes an accelerated growth plan over the first 3 years of..."/>
Jamba Juice Announces 20 Store Michigan Expansion Plan
Charter Communications in May, has been telling customers its engineers are still working to restore services in some areas."/>
Some Charlotte residents still without cable, Internet following weekend storms [The Charlotte Observer]
Johnson Controls today announced that it has entered into a settlement with the U.S. Securities and Exchange Commission with respect to Foreign Corrupt Practices Act issues that it had self-reported related to the company's marine business in China. After discovering evidence of potential improper behavior on the part of employees in its marine business in China, the company voluntarily reported the circumstances to the U.S. government,..."/>
Johnson Controls settles investigation of its marine business in China after self-reporting to U.S. government

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