Crafts retailer Joann files for Chapter 11 bankruptcy
Joann’s more than 800 stores and its website will continue to operate normally during the bankruptcy process.
Consumer News
“Aunt Jemima” Gets New Name
This image provided by PepsiCo, Inc., shows Quaker Oats’ Pearl Milling Company brand pancake mix and syrup, formerly the Aunt Jemima brand. (PepsiCo, Inc. via AP) Aunt Jemima is making her last batch of pancakes. Quaker Oats says that its Aunt Jemima brand pancake mix and syrup will be renamed Pearl Milling Company. Aunt Jemima products will continue to be…
Delta Air Lines Says It Was Hit By Cyberattack
Delta Air Lines says customers’ payment information may have been breached in a cyberattack last fall. The airline said Wednesday the incident involved (24)7.ai, a chat-services provider used by Delta and other companies. Delta says only “a small subset” of customers were affected, with payment information exposed from Sept. 26 to Oct. 12. It says no other personal details about…
U.S. Consumer Borrowing Up $20.8 Billion, Most in 10 months
American consumers increased their borrowing by $20.8 billion in September. It was the largest gain in 10 months and was led by a sharp increase in borrowing for auto and student loans. The Federal Reserve says that September increase followed a gain of $13.8 billion in August and marks the largest monthly increase since a $24.5 billion jump in November…
