Gas prices up due to crude costs
CAMARILLO, Calif. — The average price of a gallon of regular-grade gasoline jumped 8 cents nationally over the past three weeks, to $2.40.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the spike results from higher crude oil prices.
The current price is 23 cents above where it was a year ago, but well below where it was in mid-August of 2015, 2014, and 2013.
Gas in San Francisco was the most expensive in the contiguous United States at an average of $3.02 a gallon. The cheapest was in Jackson, Miss., at $2.08 a gallon.
The U.S. average diesel price is $2.57, up 6 cents over the past three weeks.
In South Carolina, gasoline prices fell less than a penny over the past week, averaging $2.07 on Sunday, according to GasBuddy’s daily survey of 3,028 outlets. That was about 27 cents higher a year ago and are 12.4 cents from a month ago.
Revlon to invest $16M at NC plant
OXFORD, N.C. — Cosmetics giant Revlon plans to invest $16 million and create 55 new jobs at its North Carolina plant over the next three years.
Gov. Roy Cooper announced Friday the company is expanding its plant in Oxford to produce more Elizabeth Arden products.
The facility 40 miles north of Raleigh opened in 1986 and currently employs about 1,300 workers. It is the largest private employer in Granville County.
Revlon says the plant is its largest worldwide.
The state promises Revlon a $100,000 grant if it meets its hiring and investment goals. The state also requires Granville County to provide a grant. County commissioners still must approve it.
Pandora names Dish exec as CEO
NEW YORK — Music service Pandora has named Roger Lynch, the head of Dish’s streaming video service, as its CEO as it wrestles with competition from Spotify and other newer music apps.
He’ll take over Sept. 18.
Pandora said Monday that Lynch is the right leader because he has worked with media companies on new distribution models. He is the founding CEO of Dish’s Sling TV, one of the first apps to bundle live TV for the internet. It launched in 2015.
The Oakland, Calif.-based company is also adding Michael Lynton, the chairman of Snapchat’s owner Snap Inc. and former head of film studio Sony Pictures, to its board.
Most users listen to Pandora’s internet radio for free, but it has newer subscription products too.
Atlantic City gambling revenue down
ATLANTIC CITY, N.J. — Casino revenue in Atlantic City was down last month 2.7 percent over last year, yet the seven remaining casinos saw a slight increase.
The remaining casinos, excluding the shuttered Trump Taj Mahal, saw a 3.9 percent increase. That includes an 18.5 percent increase in internet gambling.
“It is clear that business is building for the seven operating casinos and I am optimistic it will continue to grow in the months ahead,” said Matthew Levinson, chairman of the Casino Control Commission. He noted that there was one less weekend day in July 2017 compared to last year.
The biggest percentage increase was posted by Resorts, up 14.4 percent to $20.4 million. The Tropicana saw a nearly 13 percent increase to $37.5 million.
The Borgata remained Atlantic City’s top casinos in terms of gambling revenue with $76.3 million, but that was down from $80.3 million in July 2016. The Golden Nugget also saw a slight decrease, while Bally’s, Caesars and Harrah’s were slightly up.
Among internet gambling providers, the Golden Nugget’s take increased again, up nearly 69 percent to $6.2 million.
The casino’s take for the year through July was $1.417 billion, a 0.5 percent increase over 2016.
Ryanair wants UK airports to curb booze
LONDON — Budget airline Ryanair is calling on British airports to curb alcohol sales following sharp increases in the number of incidents involving disruptive passengers.
The carrier issued a statement Monday calling for a ban on alcohol sales before 10 a.m. and for limiting the number of drinks in bars and restaurants to a maximum of two.
The airline cited Civil Aviation Authority statistics showing a 600 percent increase in disruptive incidents between 2012-2016 and said most involved alcohol.
Ryanair’s Kenny Jacobs says it’s unfair “that airports can profit from the unlimited sale of alcohol to passengers and leave the airlines to deal with the safety consequences.”
The airline says it has taken steps to prevent disruptive behavior on its flights, including preventing consumption of duty-free alcohol purchases on board.
Aldi to offer delivery in 3 US cities
NEW YORK — Aldi, the no-frills German grocer that’s expanding in the U.S., says it will offer grocery delivery for the first time in three American cities by the end of the month.
The company says it has a partnership with Instacart to deliver groceries to customers in Atlanta, Dallas and Los Angeles. Shoppers will be able to order goods on Instacart’s website or app, and Instacart workers will pull the items off the shelf and deliver them. Customers can schedule delivery for that day.
Instacart charges a delivery fee, and the company says some items may cost more than they do in Aldi stores.
Aldi says it may expand delivery to more cities. The chain, which has about 1,700 U.S. stores, plans to have 2,500 locations by 2022.
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