Terminix $60 million settlement: How and when customers will get relief for damages

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Terminix $60 million settlement: How and when customers will get relief for damages

Terminix customers will have to wait for the time being before receiving any portion of a “historic” settlement the state of Alabama reached last week with the Memphis-based pest control firm. Mike Lewis, a spokesman with Alabama Attorney General Steve …
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Baker Motor Co. to establish dealership in Summerville

Baker Motor Co. will open its first standalone Mercedes-Benz Sprinter Van dealership in Summerville this December, the company said in a news release. The new $25 million, 28-600 square-foot facility, located at 425 Sigma Drive, will span more than 13 …
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Howmet Aerospace furlough some workers, welcomes others back

Pittsburgh-based Howmet Aerospace laid off 65 employees at its LaPorte, Indiana operations from Nov. 4 to Nov. 9. The layoffs are the final of three previously announced rounds at the facility, which included 115 workers laid off between Aug. 29 and Sept.
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HighPoint Resources Says Bankruptcy Possible if Some Conditions Aren't Met in Sale Deal

HighPoint Resources Corp. said it could file for prepackaged bankruptcy if certain conditions aren’t met, as Bonanza Creek Energy Inc. has agreed to buy the company in a transaction valued at about $376 million as of Friday. Bonanza Creek and HighPoint …
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Covid-19 Delivers Financial Blow to Nursing Homes

The biggest U.S. nursing-home company said low occupancy and expenses due to the pandemic led to a deepening loss in the quarter ending Sept. 30, and it is working on restructuring efforts after warning in August about its ability to continue as a going …
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