It's not confirmed how many employees lost their jobs, however people have taken to Twitter to talk about their experiences. Another employee, @KazeRyu32, of the Torrance location vented on his account saying: "Used to work for the Torrance location. House Foods sold Curry House last year. The investment firm that bought us decided that profits weren't good and closed every location. Was informed this morning that I no longer had a job." … [Read more...] about Curry House Trends After All Japanese Curry and Spaghetti Restaurants Mysteriously Close
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Nonetheless, in his defence of the ban of almost 3000 Bureau de Change from official forex allocations, Emefiele, expressed grave concern that BDC operators had abandoned the original objective to serve retail end users who need $5000 or less. Conversely, according to Emefiele, “the currency dealers have become wholesale dealers in foreign exchange to the tune of millions of dollars per transaction” while they “criminally, thereafter, allegedly, use fake documentations, such as passports, etc to render weekly returns to CBN.” It is not clear how much tax was generated from these mega transactions! … [Read more...] about Can CBN save the Naira and save Nigerians?
For now, companies such as Coca-Cola continue to grapple with the economic fallout of the outbreak. The beverage giant is the latest big name to warn investors about the potential impact on its finances from the outbreak. China is a big market for the company, and Coke now expects a hit of 2 cents per share to its first-quarter profit. … [Read more...] about Stocks sink, Treasury prices soar as investors seek safety