April Unemployment Rate is Lowest Since 2008

The U.S. unemployment rate plunged in April to its lowest level since September 2008 as employers added 288,000 jobs, the most in two years. According to an Associated Press report, the figures are a clear sign that the economy is picking up after a brutal winter slowed growth. The Labor Department says the unemployment rate […]

Lemonis is Eyeing Purchase of Portillo’s Chain

Marcus Lemonis, CEO and chairman of Camping World Inc. and Good Sam Enterprises LLC, said he is interested in purchasing Portillo’s. The Portillo Restaurant Group said earlier this week it is looking for a potential buyer for the Portillo’s chain, which includes 38 fast casual restaurants selling hot dogs, Italian beef sandwiches and other fare. […]

Hoefer Files Suit Against GCT, Claiming Fraud

Charles Hoefer Jr. has brought suit against Global Caravan Technologies Inc. (GCT), citing a “conspiracy to defraud” Hoefer of “rightful majority ownership, employment and executive leadership.” In a high-profile March 7 product launch, Speedway Ind.-based GCT unveiled plans for its 35-foot Carbon travel trailer that the company claimed would revolutionize the marketplace with its ultralightweight […]