Fall semester brings no relief to struggling college towns and the businesses that rely on students

Laveta Brigham

Freshman Sarah Anne Cook carries her belongings as she packs to leave campus following a cluster of COVID-19 cases at the University of North Carolina in Chapel Hill, North Carolina. <p class="copyright">AP Photo/Gerry Broome</p>
Freshman Sarah Anne Cook carries her belongings as she packs to leave campus following a cluster of COVID-19 cases at the University of North Carolina in Chapel Hill, North Carolina.
  • Businesses in college towns in the US are still reeling from the mass exodus of students that began in the spring and has now remained into the fall.

  • Many schools have adopted online-only approaches to learning or implemented a hybrid approach that brings only some students back to campus.

  • As their primary clientele — students, their families, and other members of university communities — diminishes, some business owners face a difficult decision: temporarily shut down again or close forever.

  • Visit Business Insider’s homepage for more stories.

For nearly a decade, Chris Carini has owned Linda’s Bar & Grill in Chapel Hill, North Carolina. The restaurant has been serving the college town for nearly five times as long.

Read More

‘Tenet’ marks $20M domestic debut as ‘Mulan’ rolls out globally

Laveta Brigham

From left, Jack Cutmore-Scott, John David Washington and Robert Pattinson in Warner Bros.' "Tenet." <span class="copyright">(Melinda Sue Gordon / Warner Bros. Pictures)</span>
From left, Jack Cutmore-Scott, John David Washington and Robert Pattinson in Warner Bros.’ “Tenet.” (Melinda Sue Gordon / Warner Bros. Pictures)

As theaters in key U.S. cities like New York and Los Angeles remain shuttered, Warner Bros.’ “Tenet” was set to add $20.2 million in North American receipts through the Labor Day holiday for a cumulative $146.2 million, and currently stands at $126 million in international grosses, according to estimates from measurement firm Comscore.

The highly anticipated Christopher Nolan film, which opened in China to $30 million this weekend, added $78.3 million globally in its second weekend of international release (a 36% drop), playing on nearly 53,000 screens across 46 markets.

It broke IMAX records, earning $11.1 million across 1,168 IMAX screens in 43 markets, marking the biggest global box office weekend ever in September for the format. And in North America, where “Tenet” earned $2.8 million across 272 IMAX

Read More

Homeowners must move fast to beat new mortgage refinance fee

Laveta Brigham

With record-low rates flooding the mortgage scene in recent months, you may have thought about refinancing your mortgage — one of these days.

But homeowners need to move quickly if they want to beat a new mortgage refinance fee being imposed by Fannie Mae and Freddie Mac, the government-sponsored mortgage giants that buy or guarantee most U.S. home loans. The companies say they need the fee to offset billions in losses from defaults and other issues related to the coronavirus crisis.

The surcharge was supposed to take effect Sept. 1, but the start was pushed to Dec. 1.

The postponement “may provide lenders a bit more breathing room,” says Christian Wallace, director of purchase sales at online lender Better.com. “For the borrowers, this delay could mean the opportunity to avoid incurring the surcharge fee.”

Even with the extra time, homeowners can’t slack off because lenders are expected to start building

Read More

Jacob Blake sends message to supporters from hospital

Laveta Brigham

Jacob Blake – the black man who was shot seven times by a white police officer in the US state of Wisconsin last month – has said he is in constant pain in a video posted online.

Mr Blake, who, family say, may now be paralysed from the waist down, also struck a hopeful note, saying there was a “lot more life to live”.

The 29-year-old was shot seven times in the back as he was being arrested.

The incident re-ignited protests over racism and police brutality in the US.

Some of the protests in Kenosha, the city where Mr Blake was shot, turned violent, with two people killed.

An investigation into Mr Blake’s shooting continues.

Meanwhile, Mr Blake has appeared in court, pleading not guilty to criminal charges filed before the shooting on Friday.

What did Mr Blake say?

In a video posted to Twitter by his family’s lawyer,

Read More

Quebec reports its largest spike since June with 205; Four Ontario regions make up majority of 158 new cases

Laveta Brigham

Yahoo News Canada is committed to providing our readers with the most accurate and recent information on all things coronavirus. We know things change quickly, including some possible information in this story. For the latest on COVID-19, we encourage our readers to consult online resources like Canada’s public health website, World Health Organization, as well as our own Yahoo Canada homepage.

6,393 active COVID-19 cases in Canada: 131,895 diagnoses, 9,145 deaths and 116,357 recoveries (as of Sept. 6, 4:00 p.m. ET)

  • Alberta – 1,433 active cases (14,474 total cases, including 242 deaths, 12,799 resolved)

  • British Columbia – 1,233 active cases (6,162 total cases, 211 deaths, 4,706 resolved)

  • Manitoba – 409 active cases (1,323 total cases, 16 deaths, 898 resolved)

  • New Brunswick – 3 active cases (192 cases, 2 deaths, 187 resolved)

  • Newfoundland and Labrador – 2 active cases (270 total cases, 3 deaths, 265 resolved)

  • Northwest Territories

Read More

Green activists and former Extinction Rebellion members criticise group’s ‘culture war’ agenda

Laveta Brigham

Activists set up an elaborate blockade to printing presses in Broxbourne, Hertfordshire - Reuters
Activists set up an elaborate blockade to printing presses in Broxbourne, Hertfordshire – Reuters

Former and current Extinction Rebellion members and other environmentalists have accused the group of setting back action on climate change by blocking the printing of several newspapers. 

On Friday night, activists blockaded the printing plants where The Telegraph and several other newspapers are printed, delaying their publication. 

One former prominent member of Extinction Rebellion said the move had turned environmental activism into a ‘culture war’. 

“Journalists from all the papers XR blockaded have been working hard to report the climate crisis while thousands of people from every part of the UK are tackling it,” said the former activist, who stepped back from the group last year.

“More needs to be done but it makes no sense to deliberately adopt divisive and partisan culture war tactics at a time when bolder action on climate change is winning

Read More

Jacob Blake speaks out for first time since police shooting

Laveta Brigham

MILWAUKEE — Jacob Blake has spoken publicly for the first time since a Kenosha, Wisconsin, police officer shot him seven times in the back, saying he’s in constant pain from the shooting, which doctors fear will leave him paralyzed from the waist down.

In a video posted Saturday night on Twitter by his family’s lawyer, Ben Crump, Blake said from his hospital bed that, “Twenty-four hours, every 24 hours it’s pain, nothing but pain. It hurts to breathe, it hurts to sleep, it hurts to move from side-to-side, it hurts to eat.”

Blake, a 29-year-old father of six, also said he has staples in his back and stomach.

“Your life, and not only just your life, your legs, something you need to move around and forward in life, can be taken from you like this,” Blake said, snapping his fingers.

He added: “Stick together, make some money, make everything easier

Read More

Coronavirus sparking a ‘focus on relationships’ and boosting Internet sales

Laveta Brigham

Signet Jewelers (SIG), the world’s largest retailer of diamond jewelry, is seeing pent up demand for marriage proposals following COVID-19 lockdowns — with lots of help from soaring online sales.

The parent company of well-known brands such as Kay Jewelers, Zales, and Jared: The Galleria of Jewelry, gleaned this insight from conducting its bespoke jewelry research on consumer trends during the coronavirus outbreak.

CEO Gina Drosos told Yahoo Finance that more than half of couples who were already engaged decided to quarantine together; of that number, nearly half said their relationship had gotten better, according to a Signet survey — and in many cases accelerated timelines to get engaged.

“So, I think, if anything, COVID-19 has made all of us focus on relationships and those who we really care for and want to go ahead and make [a] commitment,” Drosos told “The Ticker” in a recent interview. 

The survey also

Read More

Homeowners need to move fast to beat new mortgage refinance fee, experts say

Laveta Brigham

With record-low rates flooding the mortgage scene in recent months, you may have thought about refinancing your mortgage — one of these days.

But homeowners need to move quickly if they want to beat a new mortgage refinance fee being imposed by Fannie Mae and Freddie Mac, the government-sponsored mortgage giants that buy or guarantee most U.S. home loans. The companies say they need the fee to offset billions in losses from defaults and other issues related to the coronavirus crisis.

The surcharge was supposed to take effect Sept. 1, but the start was pushed to Dec. 1.

The postponement “may provide lenders a bit more breathing room,” says Christian Wallace, director of purchase sales at online lender Better.com. “For the borrowers, this delay could mean the opportunity to avoid incurring the surcharge fee.”

Even with the extra time, homeowners can’t slack off because lenders are expected to start building

Read More

The Welsh billionaire trying to turn triathlon into a mainstream sport

Laveta Brigham

When the Professional Triathletes Organisation earlier this year announced a groundbreaking investment from Wales’ richest man to aid its vision of an expanded sport run by and for its athletes, it — like the rest of the world — had little idea of the Covid-19 turbulence that lay ahead.

The core ambition was simple: boosted by a $12.5 million (£9.5m) injection from billionaire venture capitalist Sir Michael Moritz, the PTO planned to take long-distance triathlon (anything longer than Olympic distance) mainstream. Moritz would retain a 50 per cent stake and the other half would belong to the triathletes themselves, in the form of membership to the PTO.

Thanks to Moritz, there were huge sums involved: a $2m (£1.5m) prize pot in the inaugural Collins Cup, an event originally scheduled for May and intended to launch the new era with Europe taking on teams from the United States and Rest of

Read More