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>>Saint Charles and The Center Merge

(Bend, OR) -- St. Charles Health System and The Center Orthopedic & Neurosurgical Care have officially merged. The Center is now part of St. Charles Health System and is operating under a new name…St. Charles Center for Orthopedics and Neurosurgery. The two organizations say a primary goal of the integration is to restore and expand access to orthopedic care…following a significant reduction over the past two years.

 

>>Joann Closing All Locations

(Hudson, OH) -- Fabric and craft store chain Joann is closing all of its locations. The company made the announcement Monday. A liquidator has agreed to buy all of Joann's assets and going-out-of-business sales will be held at stores. This comes after Joann announced plans earlier this month to close around 500 stores. Joann was founded in 1943 in Ohio. 

 

>>Watching Wall Street 

(New York, NY)  --  The opening bell rings this morning after stocks closed mostly lower Monday to start the week on Wall Street.  At the closing bell, the Dow Jones Industrial Average gained 33 points, ending at 43-461.  The S&P 500 lost 29 points to 59-83.  The Nasdaq fell 237 points to 19-287.  

 

>>Ahead On The Economic Calendar 

(Undated)  --  Some noteworthy economic reports are coming out this week, starting with consumer confidence and the S&P Case-Shiller home price index due today.  Wednesday brings new home sales data and fourth quarter earnings results from Nvidia.  The chipmaker is set to release those highly-anticipated numbers after the closing bell.   

 

>>President Trump: Tariffs Against Canada And Mexico Will Go Forward

(Washington, DC)  --  President Trump says tariffs against Mexico and Canada will move forward.  It comes as a month-long delay of their implementation will expire next week.  Speaking with French President Macron at the White House Monday, Trump said they are on time with the tariffs.  The two countries could see 25-percent tariffs on all exports starting March 4th.

 

>>Denny's Slaps Temporary Surcharge On Menu Items With Egg

(Spartanburg, SC)  --  Denny's is slapping a temporary surcharge on menu items with eggs. This as Americans deal with a shortage of the staple at grocery stores. The bird flu has resulted in the deaths of millions of hens. Denny's said the amount of the surcharge will vary across its roughly 15-hundred locations. The restaurant denied to share specifics because the situation is "fluid." 

 

>>Starbucks To Layoff 1,100 Corporate Workers

(Seattle, WA)  --  Starbucks plans to lay of eleven-hundred corporate workers.  CEO Brian Niccol announced the cuts Monday as the coffee chain faces slumping sales.  Workers at the company's cafes will not be impacted by the layoffs.  Niccol has made a number of changes since taking over as CEO last year.  The changes have included trying to speed up service and simplifying the menu.

 

>>Apple Announces $500B Investment In The U.S. 

(Cupertino, CA)  --  Apple is announcing a big investment into the United States.  The tech giant revealed Monday that over the next four years it plans to spend over 500-billion dollars. The effort includes building a new factory in Houston, Texas which is aimed to produce servers for the company's artificial intelligence software.  The money will also go towards chip making facilities in states like Arizona, Colorado, Oregon and Utah. The company says the investment will create 20-thousand U.S. jobs. This comes as Apple CEO Tim Cook met with President Trump last week as news of potential tariffs on certain imports loomed.

 

>>Joann Closing All Locations

(Hudson, OH)  --  Fabric and craft store chain Joann is closing all of its locations.  The company made the announcement Monday.  A liquidator has agreed to buy all of Joann's assets and going-out-of-business sales will be held at stores.  This comes after Joann announced plans earlier this month to close around 500 stores.  Joann was founded in 1943 in Ohio.

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