Sonic Automotive Inc.’s Q3 net income rises on tax benefit
Sonic Automotive Inc.’s third-quarter net income rises with assist from tax benefit.
Used-vehicle power players Carvana, CarMax see AI uses in inspections, appraisals and more
Used-vehicle sales giants are among auto retailers assessing and expanding applications of artificial intelligence.
Used-vehicle power players Carvana, CarMax see AI uses in inspections, appraisals and more
Used-vehicle sales giants are among auto retailers assessing and expanding applications of artificial intelligence.
‘Difficult decisions’: Central Florida restaurants shut down amid rising costs
Several notable Central Florida restaurants have closed their doors in recent months, saying “the cost of everything” made it too expensive to stay open.
The shuttered businesses included a popular lunch stop, a pioneering vegan restaurant and a brunch place on Winter Park’s Park Avenue. In just the last week, a brewery in downtown Sanford and a restaurant in Orlando’s trendy Thornton Park neighborhood announced they were shutting, too.
The rising costs of rent, food, supplies and wages have all created a financial strain for restaurants, experts say.
Pom Pom’s Teahouse and Sandwicheria, a staple in Orlando’s Milk District neighborhood for nearly 20 years, closed earlier this month.
“One of the reasons I closed the Pom Pom’s concept down was not only that I wanted to do other things, but it was too expensive,” said owner Pom Moongauklang. “It was just a lot of work to do sandwiches, and it was just too much. With the cost of everything going up, I’ve had to rethink this whole restaurant model.”
GM Canada delays St. Catharines EV motor output until 2027, affecting 1,000 workers
Unifor opened a labor action center in Niagara Region this month to help about 1,000 members find work following layoffs and retooling delays at General Motors Canada’s St. Catharines Propulsion Plant.