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BUSINESS DIGEST || Burger Bar Expands
Photo
The owners of COACHES Burger Bar, Patrick Howlett and Stacy Sam, posed with the burger of the month: the Big Texan
COACHES opening franchise locations
POLAND
COACHES Burger Bar is opening franchise locations, with the first two scheduled to open later this year.
Located at 714 Boardman-Canfield Road, Boardman, and 2 Youngstown-Warren Road, Niles, in the Pinetree Plaza, the new restaurants are under construction with the Niles location expected to open in May, and the Boardman location in June. A ribbon-cutting event with the Youngstown/Warren Regional Chamber is scheduled for noon June 1 at the Niles location.
The restaurants will feature “fast and casual” dining, with a focus on delivery and takeout.
Gas prices up
Gasoline prices are up. Across the U.S., the average price for a gallon of gasoline rose 6.8 cents per gallon in the last week to $2.12 per gallon, according to price-tracker GasBuddy.
The average price in Ohio is $2.08 per gallon, according to GasBuddy.
Chevy promotes 2016 Cruze
DETROIT
Chevrolet promoted the Lordstown-built Chevrolet Cruze on Monday with a news release about the compact car’s gas mileage.
Offering EPA-estimated highway mileage of 42 miles per gallon, the all-new 2016 Cruze is unsurpassed in its segment for highway fuel economy.
The Cruze’s EPA-estimated 42-mpg highway rating comes with the L, LS and LT models. The top-line Cruze Premier offers an EPA-estimated 40 mpg highway.
US homebuilders’ sentiment steady
U.S. homebuilders’ confidence held steady in April, reflecting an overall optimistic outlook in the market for new homes even as a gauge of current sales fell slightly.
The National Association of Home Builders/Wells Fargo builder sentiment index released Monday was unchanged at 58. It hasn’t budged in three months.
Readings above 50 indicate more builders view sales conditions as good, rather than poor. The index had been in the low 60s for eight months until February.
Officials push for encryption law
NEW YORK
Calling it an issue of victims’ rights, the Manhattan district attorney urged Congress to pass legislation that would require tech companies to give law enforcement a way to access information on encrypted phones and other devices.
Cyrus Vance Jr. said though the debate over encryption has centered on issues of privacy and national security, the implications go far beyond that. The Manhattan district attorney’s office has 230 phones involved in cases that it has warrants to search but can’t access the information inside.
A Senate bill now being drafted would effectively prohibit unbreakable encryption and require companies to help the government access data on a computer or mobile device with a warrant.
Tech companies, civil- liberties groups and some members of Congress have railed against the draft, saying that it would effectively require the companies to create “back doors” into encrypted devices and undermine security for everyone.
Staff/wire reports