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BlackRock Finds More Risk Assets at Insurers Than ’08

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An airline food provider will cease its operations at the Orlando International Airport where it does business with JetBlue, resulting in a mass layoff.

Chicago-based Flying Food Group LLC — which provides services for more than 80 airlines nationwide — gave its 60-day notice to the Florida Department of Economic Opportunity on May 7 that it plans to lay off 86 Orlando workers on July 16.

The layoffs will take place at 8813 Bear Road in Orlando, the address of the JetBlue Airways Corp. warehouse.…

Two Jacksonville restaurants were closed this week after inspectors found 400-plus rodent droppings in one location and no running water in another.

Sha-Garee's Seafood & More at 1156 E. 21 St. was temporarily closed on May 2 after inspectors found at least 400 dry rodent droppings throughout the establishment. The restaurant was also cited for grease accumulation, a hole in the ceiling, an expired restaurant license and expired food manager certification. A follow-up inspection found 170 rodent…

Red Bicycle Coffee and Crepes, a Germantown-based cafe, is taking over the home of Nations restaurant House: A Social Eatery.

Red Bicycle announced its plans to expand to the West Nashville neighborhood on Facebook Wednesday. In a brief interview, Red Bicycle owner Dave Trett, said he expects to open his coffee shop in the 712 51st Ave. N. building next month.

House opened in 2016, taking over the home of well-known hangout The Stone Fox. In the years since, the West Nashville neighborhood…

Two local restaurants were recently on opposite sides in a legal dispute, but on Wednesday they appeared side by side.

An ad ran in the Albuquerque Journal's Wednesday paper, headlined “No two seasons are the same,” with dishes from Seasons Rotisserie & Grill and Seasons 52 depicted side-by-side and an in-depth description of each restaurant.

“Don't be confused,” the ad read. “Although their names are similar, these two innovative Albuquerque eateries have two different owners, and have two different…

The Anchor Bar is coming to the Big Apple.

The Buffalo restaurant that created the chicken wing in 1964 has signed a franchise agreement to open its 11th location — this one on West 57th Street in midtown Manhattan’s Hell’s Kitchen. The restaurant, located near Columbus Circle, is set to open May 17.

“New York City has always been a dream location for us since we began franchising,” said Mark Dempsey, vice president and partner of the Anchor Bar Franchise & Development Company. “It…

Chef’d is expanding into brick-and-mortar stores and selling its meal kits at more than a dozen retailers nationwide, including Costco (NASDAQ: COST), Harris Teeter, Tops, Hy-vee, Weis and Gelson’s Markets.

Helping with the retail push is meat processor Smithfield Foods, which invested $25 million in El Segundo, Calif.-based Chef’d last year. In the same round, the e-commerce company also raised $10 million from Campbell Soup Co. and $200,000 from online grocer Fresh Direct.

Chef’d said…

The post Brookdale Meridian of Englewood title transfers for $84.1 million appeared first on Colorado Real Estate Journal.

The post Development dilemma: CREJ conference explores ‘What Would I Develop’ appeared first on Colorado Real Estate Journal.

By Kathleen Ronayne, The Associated Press

SACRAMENTO, Calif. — Jumping out ahead of the rest of the country, California on Wednesday moved to require solar panels on all new homes and low-rise apartment buildings starting in 2020.

The new building standard — unanimously approved by the five-member California Energy Commission — would be the first such statewide mandate in the nation. It represents the state’s latest step to curb greenhouse gas emissions.

Robert Raymer, technical director for the California Building Industry Association, called it a “quantum leap.”

“You can bet every other of the 49 states will be watching closely to see what happens,” he said.

The commission endorsed the requirement after representatives of builders, utilities and solar manufacturers voiced support. It needs final approval from California’s Building Standards Commission, which typically adopts the energy panel’s recommendations when updating the state’s building codes.

The requirement would apply..

2017 revenue: $259.9 million

+13.8%

Revenue at FB Corp., formerly First Banks Inc., increased nearly 14 percent, driven by all major segments, most notably a 13.7 percent increase in wealth management.

“We increased our pre-tax income by 22.3 percent over 2016 as a result of substantial revenue growth and our ability to control expenses,” President and CEO Tim Lathe said.

The holding company, owned by the Jim Dierberg family, changed its name to avoid confusion with its First Bank subsidiary.

Executive…