KFC is buying more than 200 of its restaurants from a major franchisee
Through the transaction, the Louisville-based division of Yum Brands Inc. (NYSE: YUM) seeks to accelerate KFC's growth strategy in the large and growing UK and Ireland chicken market.
Wisconsin’s first urban creamery transitions under new ownership
Bob Wills' start and growth of Wisconsin's first urban creamery came with a mission to not only produce cheese inside of the state's largest city, but also to help others learn the art of cheesemaking.
Healey hints at future of revamped Life Sciences Initiative in economic development plan
Gov. Maura Healey's proposed economic development plan offers some clues about how she'd run a Life Sciences Initiative 3.0.
Year in Review: UTHealth Houston exceeding $500M campaign with $22M gift was a Deal of the Week
The University of Texas Health Science Center at Houston raised $534.4 million for its “Many Faces. One Mission.” capital campaign thanks in part to the $22 million gift D. Bradley “Brad” McWilliams, a business leader and member of the UTHealth Houston Development Board, made in April to support the School of Biomedical Informatics.
Migration Brewing details its new Southeast Portland location
Migration's izakaya-inspired pop-up “has aspirations of becoming a permanent location.”
Executive Insights: Kim Halbauer of Fifth Third Bank (video)
Kim Halbauer has served as Kentucky regional president for Fifth Third Bank since 2020. In this video, she talks with Louisville Business First Publisher Lisa Benson, giving insight into economic trends and advice for how individuals and business owners can navigate higher prices of goods and services.
Nearly 800 homes and apartments pitched for Kenosha County golf club site
Three Leaf Partners and Land Quest are proposing to build 798 homes and apartments on the site of the Maplecrest Country Club in the Kenosha County village of Somers. The golf course would close after the purchase of the land.
Tampa Bay among the top five hottest rental markets in Florida
Eleven prospective renters compete for every apartment in Tampa Bay.
35% of Americans want a housing crash, poll says
How out of whack is the housing market?
Well, an October poll by LendingTree of 2,045 US adults found 35% want the housing market to crash – highlighted by youthful Gen Z-ers (53%) and millennials (46%).
Look, rooting for a bargain is as American as apple pie. Who doesn’t hope for that big sale, deep-discount coupon or holiday pricing to stretch the budget?
So why not housing? Affordability anxiety of late is a real fear.
Think about the nearly 40% of non-homeowners from Gen Z (ages 18 to 26) and the millennial crowd (27 to 42) who told pollsters they feel a steep market pullback is the only way a home purchase will ever pencil for their finances.
It’s not just budget-strapped ownership seekers wishing for a home-price dip. Even 36% of owners surveyed hope for a crash.
Why? Well, 15% want to lower their property taxes and another 15% believe a price correction would help stabilize the market.
Various cures
There are various ways housing affordability headaches could be cured.
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Wellesley Asset Management moves its principal office to NH
Despite its name, Wellesley Asset Management, an investment advisory firm, has moved its principal office to a new office in Portsmouth, N.H, the company announced Monday.