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Investments Blog


Historically a light-industrial area, East St. Elmo Road off South Congress Avenue has been transformed over the last several years into a vibrant commercial district filled with breweries, coffee shops, restaurants, residences and office space. Now it's attracted the attention of a New York-based investor.

Worries about the potential demise of Nau's Enfield Drug might be overwrought — spurred by a family disagreement over the future of the business.

CultureMap Austin reported Thursday that the well-known Clarksville eatery and pharmacy was in danger of shuttering its restaurant for good. It quoted manager Laura Labay, who recently posted a letter outside the store suggesting the restaurant, at least, would be forced to close because of a lack of staff and stiff competition from nearby businesses.

The…

Local businesses around the Milwaukee area are offering Valentine’s Day activities, including wedding ceremonies.

Lakefront Brewery, for example, is hosting free weddings to be performed by ordained tour guides. Ceremony reservations are closed.

Couples can also participate in free mass vow renewals at 12:30 p.m. and 6 p.m. led by brewery president Russ Klisch, according to the company’s website. No reservation is required for the vow renewal activities.

On the food side, Holey Moley…

All eight Anna's Taqueria locations will close for the day on Friday as the business mourns the untimely death of its co-founder, Michael Kamio.

The owner of the popular quick-service Mexican food chain died suddenly on Feb. 8, according to his obituary. A funeral service will be held for Kamio in Wellesley on Feb. 15. Anna's locations in Boston, Cambridge, Somerville and Newton will be closed for business that day and reopen Saturday.

While reflecting on his restaurants' growth to the Business…

The city of Rocklin has filed suit against the former operator of its Quarry Park Adventures park, alleging the company misrepresented its abilities and didn’t abide by an agreement with the city.

In a suit filed Wednesday in Placer County Superior Court, the city accuses Legacy Family Adventures and its CEO, David Busch, of fraud, negligent misrepresentation and breach of contract, among other claims.

“His misrepresented experience and overstated financial projections led the City to expend…

Parker, who died last week, had many friends in one of the state's signature industry.

During Anthony Laday's tenure at Fogo de Chao, the company has gone public and been taken private again as it expands its footprint in the U.S. and globally. Here's how he's guiding the company in its next moves.

Chequan Lewis found his job by happenstance. Wanting to better utilize his business and legal skills, he talked to a headhunter looking to fill a role in a field where he had no experience and is now in a crossfunctional role at Yum! Brand's Inc.'s Pizza Hut Express.

Bud Light's controversial anti-corn syrup Super Bowl ad has MillerCoors employees fired up, according to its CEO.

Gavin Hattersley, Chicago-based MillerCoors' top executive, discussed the fallout from the Super Bowl commercials as well as the company's Milwaukee operations during parent company Molson Coors Brewing Co.'s 2018 fourth-quarter earnings call Tuesday. Denver-based Molson Coors reported a 0.7 percent annual net sales decline and a 28.7 percent decrease in annual net income that led its…