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CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog CFPB Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog
Cfpb Drops Capital One Lawsuit As Trump, Musk Target Federal Watchdog The Consumer Financial Protection Bureau has dropped a lawsuit against Capital One as concerns grow about the federal agency's future. The CFPB will no longer pursue legal action against Capital One, according to a court filing on Thursday, Feb. 27. The case, filed in January, claimed the banking giant misled customers and withheld more than $2 billion in interest payments. The company based in McLean, Virginia, supported the dismissal. "We welcome the CFPB's decision to dismiss this action, which we strongly disputed," a Capital One spokesperson said in a statement to the Daily Voice…

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by Chris Spiker
Business
$300M Indoor Water Park Resort Opening Earlier Than Expected Near Foxwoods $300M Indoor Water Park Resort Opening Earlier Than Expected Near Foxwoods
$300M Indoor Water Park Resort Opening Earlier Than Expected Near Foxwoods The wait just got a little shorter for families to enjoy a new indoor water park near Foxwoods Resort Casino. Great Wolf Lodge Mashantucket will now open on Friday, May 9, the resort's website said. The 92,000-square-foot park next to Foxwoods was previously anticipating to welcome guests on Friday, May 23. The $300 million resort is part of a partnership with the Pequot tribe. The 13-acre property promises year-round indoor water fun and family-friendly attractions. The Mashantucket park's centerpiece will be the Otter Cave Waterworks. The multi-level, interactive structure feat…

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by Chris Spiker
Business
Egg Prices Now Expected To Rise Twice As High As Earlier Projections In 2025 Egg Prices Now Expected To Rise Twice As High As Earlier Projections In 2025
Egg Prices Now Expected To Rise Twice As High As Earlier Projections In 2025 Egg prices are now expected to jump in price in 2025 by more than double earlier projections. Click here for a new, updated story - Grocery Shoppers Pivot As Inflation Reshapes Spending Initial estimates by the USDA predicted a 20-percent increase just a month ago. With a nationwide shortage due to bird flu which has reduced egg-layer flocks and egg production, a 41-percent increase is now expected this year, the USDA says. The price of a dozen eggs, at around $5 on average, is up nearly 100 percent from last year. About 18.8 million commercial egg layers were affected by the bir…

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by Joe Lombardi
Business
Mexican Favorites, Mediterranean Twist: New Restaurant Revives Shuttered Space In Eastern CT Mexican Favorites, Mediterranean Twist: New Restaurant Revives Shuttered Space In Eastern CT
Mexican Favorites, Mediterranean Twist: New Restaurant Revives Shuttered Space In Eastern CT A new Mexican restaurant is bringing bold flavors to southeastern Connecticut, reviving a former favorite spot near Norwich. Volaré Mexican Restaurant & Bar officially opened in Franklin on Tuesday, Feb. 25, the business said in a Facebook post. It's located along the Yantic River, near the Route 2 interchange and the Norwich Business Park. The restaurant is putting a special spin on a typical Mexican spot's menu. "We specialize in authentic flavors like our savory chicken mole, sizzling fajitas, and signature tacos," Volaré says on its Facebook page. "Adding a twist, we also…

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by Chris Spiker
Business
Recession Fears Rise As Consumer Confidence Sees Steepest Drop Since 2021 Recession Fears Rise As Consumer Confidence Sees Steepest Drop Since 2021
Recession Fears Rise As Consumer Confidence Sees Steepest Drop Since 2021 Consumer confidence took its biggest dive in more than three years, adding to growing concerns over inflation, job security, and the broader economy — as Americans grapple with high prices and uncertain financial conditions. The Conference Board's Consumer Confidence Index fell 7.0 points in February to 98.3, the nonprofit business research group said on Tuesday, Feb, 25. That marks the metric's steepest monthly decline since August 2021. The Expectations Index also dropped 9.3 points to 72.9. That number gauges consumers' outlook on jobs, income, and business conditions. Fo…

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by Chris Spiker
Business
Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction
Joann Going Out of Business After 80+ Years, Closing All Stores Following Bankruptcy Auction Joann will shut down all of its 800 locations, ending more than 80 years of selling fabrics and craft supplies. Joann announced the winning bidders at a bankruptcy auction plan to begin going-out-of-business sales at every store, the company said. At its height, the crafts chain had about 850 stores in every state but Hawaii. Financial services company GA Group, in partnership with the prepetition term loan agent, acquired Joann's assets at the auction. "Joann leadership, our board, advisors and legal partners made every possible effort to pursue a more favorable outcome that wou…

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by Chris Spiker
Business
Egg Inflation Hits Denny's: Customers Face New Surcharge At Some Locations Egg Inflation Hits Denny's: Customers Face New Surcharge At Some Locations
Egg Inflation Hits Denny's: Customers Face New Surcharge At Some Locations Soaring egg prices are scrambling the Denny's menu. Denny's is adding a surcharge to meals containing eggs, a company spokesperson confirmed to the Daily Voice on Monday, Feb. 24. The diner chain cited skyrocketing costs fueled by the bird flu outbreak. The company said some locations will temporarily implement the surcharge due to rising egg prices, though the exact amount and which restaurants are affected will vary. "Due to the nationwide egg shortage and increased cost of eggs, some of our restaurant locations will need to temporarily add a surcharge to every meal that includes eg…

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by Chris Spiker
Business
Vineyard, Brewery On Scenic Eastern CT Farm Listed For Sale: Here's What You Get Vineyard, Brewery On Scenic Eastern CT Farm Listed For Sale: Here's What You Get
Vineyard, Brewery On Scenic Eastern CT Farm Listed For Sale: Here's What You Get You have a chance to buy a vineyard and brewery on a farm in Connecticut's wine country — if you have a few million dollars to spare. Taylor Brooke Winery and its brewery in Woodstock are up for sale, according to a real estate listing from Berkshire Hathaway. The asking price for the 43-acre farm on Route 171 is $3.8 million. The property features a 7,122-square-foot winery with a wine-making facility, tasting pavilion, retail space, and cocktail bar. It also includes a 5,884-square-foot brewery with a beer production facility. The winery nestled in the state's "Quiet Corner" also ha…

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by Chris Spiker
Business
CT's Newest Korean Fried Chicken Spot Has Bold Sauces, Mission To Reduce Food Waste CT's Newest Korean Fried Chicken Spot Has Bold Sauces, Mission To Reduce Food Waste
CT's Newest Korean Fried Chicken Spot Has Bold Sauces, Mission To Reduce Food Waste A new Korean fried chicken spot is bringing crispy, flavor-packed bites and sauces to Norwalk. Dippin' Chicken will celebrate its grand opening on Saturday, Mar. 15. The restaurant will be in the former home of Norwalk Pizza & Pasta at 236 East Avenue. With bold Korean spices and signature dipping sauces, Dippin' Chicken aims to make Korean fried chicken a new favorite in the city's east end. "Dippin' Chicken is all about making Korean fried chicken with unique dippin' sauces a universal delight – because everyone deserves a dip!" the restaurant's website said. …

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by Chris Spiker
Business
Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up
Starbucks Slashing 1,100 Corporate Jobs In Major Company Shake-Up Starbucks is cutting 1,100 corporate jobs as part of a sweeping restructuring plan designed to simplify operations and refocus on its core business. Starbucks CEO Brian Niccol announced the layoffs in a message to employees on Monday, Feb. 24. The job cuts will affect non-retail support employees, as the coffeehouse chain works to streamline leadership and eliminate duplicate roles. Several hundred open but unfilled positions will also be removed. In-store workers and store hours won't be affected Niccol said the decision is part of the company's broader "Back to Starbucks" plan,…

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by Chris Spiker
Business
Michelin-Trained Chef Blends Historic Charm, Bold Flavors At New CT Shoreline Restaurant Michelin-Trained Chef Blends Historic Charm, Bold Flavors At New CT Shoreline Restaurant
Michelin-Trained Chef Blends Historic Charm, Bold Flavors At New CT Shoreline Restaurant A former military museum has been transformed into a new culinary destination along the Connecticut shoreline. Charter Oak Tavern celebrated its grand opening in Westbrook on Thursday, Feb. 20. The restaurant is located at 24 Westbrook Place, right next to the town green. Michelin-trained Chef Scott Quinn opened the tavern as he returns to his home state after an acclaimed career in some of the world's top kitchens. With more than 20 years of experience, he has worked in Michelin-starred restaurants and led renowned spots like Bouchon in Las Vegas, Bistro Bagatelle in Los Ang…

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by Chris Spiker
Business
As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal
As Egg Prices Soar, Another Breakfast Staple Is Seeing Inflation Reversal As egg prices continue to soar with no relief in sight, there's finally some good news for consumers. Another breakfast staple is seeing prices snap, crackle, and drop. For the second straight year, cereal prices have decreased. Analysts attribute the reason to lower demand and increased harvests. According to pattern.com, the follow cereals saw the biggest price declines in 2024: Fruity Peebles Corn Pops Quaker Oats Cap'n Crunch Grape Nuts Rice Krispies Trix Other popular brands, such as Cheerios, Rice Krispies, Cinnamon Toast Crunch, Honey Bunches of Oats, Life, a…

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by Joe Lombardi