Jersey City ShopRite opens at 85,000-square-foot Everton site
ShopRite of Hudson Exchange Place opened at 99 Provost Street, replacing the Metro Plaza location with a larger supermarket.
Business & Economy
Jobs, labor, companies, prices, investment, markets, trade, agriculture, energy, and consumer economics.
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Mesa board reviews Gateway Crossing; no approval vote taken
Mesa’s Design Review Board reviewed Gateway Crossing plans on Oct. 13, but did not take a formal vote.
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Missouri payrolls fall 10,600 in September, led by services
Missouri payrolls declined from August but remained 28,400 above September 2025. Private service industries recorded the largest monthly losses.
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Gulfport Church’s Chicken reopens in rebuilt Pass Road site
Church’s Chicken reopened its Pass Road restaurant on Oct. 15 after several months of closure. The former building was replaced on the same site.
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Georgia employment sets records as payroll jobs edge down
Georgia reported record labor-force and resident-employment totals in September, while payroll jobs slipped by 500 and unemployment claims fell.
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IEA board agrees to accelerate remaining oil-stock releases
The Governing Board agreed to speed the remaining releases from the March 2026 action. About 100 million barrels remained, including planned releases of more than 20 million barrels of diesel.
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Cumulus exits Chapter 11 with lenders owning all equity
Cumulus Media completed its restructuring on Oct. 16, transferring all reorganized equity to former lenders and issuing them $50 million in new notes.
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Unadjusted Arizona payrolls rose 0.7%; adjusted labor force fell 3.2%
Arizona added 22,700 not-seasonally-adjusted nonfarm payroll jobs over the year to September, a 0.7% increase. Its seasonally adjusted labor force fell by 121,241, or 3.2%.
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Wisconsin labor report lists conflicting September jobless rates
Wisconsin’s preliminary September report gives different readings of the seasonally adjusted unemployment rate: 3.2% in the release text and 2.9% in its detailed table.
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Eversource challenges PURA’s storm-cost decision in court
The utility’s appeal contests PURA’s rejection of retrospective carrying charges and a roughly $7.7 million crew-cost reduction.
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Crunch Fitness began operating Rochester Hills gym before Oct. 17 event
Crunch Fitness began operating its Rochester Hills club Oct. 6, ahead of a community grand-opening event scheduled for Oct. 17.
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Sprouts plans Oct. 30 opening for South Scottsdale store
Sprouts lists Oct. 30, 2026, as the planned opening date for its South Scottsdale store at 1490 N. Scottsdale Road.
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Schneider Electric raises 2026 targets after record €11.46B quarter
Schneider Electric reported record third-quarter revenue of €11.46 billion and raised its 2026 growth forecasts. Energy Management led growth, while the company identified data centers as one important demand driver.
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Producer prices rise 1.3%, biggest monthly gain since 2022
The overall final-demand Producer Price Index rose 1.3% in September, its largest monthly increase since March 2022. Energy accounted for more than 80% of the increase in goods prices.
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Tennessee launches hub for grant-supported employer training
The TNWorks Talent Accelerator connects employers with training providers and access to a $5 million federal grant awarded to Tennessee in 2025.
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Oklahoma revenue tops first-quarter estimate by $154.7 million
Preliminary General Revenue Fund collections reached $2.0442 billion through September, after a monthly surge more than erased an earlier shortfall.
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Oregon adds 5,800 jobs in September, but annual growth is 0.1%
Oregon payrolls rose by 5,800 in September, while seasonally adjusted employment was up just 2,600 jobs from a year earlier.
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GEN signs binding LOI for operations at 47 restaurants
GEN Restaurant Group says Chubby Group would take over operations at 47 U.S. restaurants under a proposed $100 million transaction, subject to closing conditions.
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Grayslake T5 projects $1.4 billion in non-homeowner property taxes
Grayslake’s preliminary estimate projects $1.4 billion in non-homeowner property-tax revenue for local taxing bodies over the T5 campus’s first 20 years.
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Illinois wagering-tax share rose 19.2% to $2.662 billion
Illinois’ state-designated share of wagering-tax revenue reached $2.662 billion in fiscal 2026, up $428 million from the prior year. A separate preliminary court ruling granted relief in part to plaintiffs challenging state controls on certain sports-event contracts.
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VDL plans Oakwood expansion with about 120 projected jobs
VDL Groep plans an estimated $77 million expansion at its Oakwood facility, including a building purchase, added milling capacity and an expanded cleanroom.
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OPEC cuts 2026 oil-demand growth forecast to 180,000 bpd
OPEC lowered its 2026 global oil-demand growth forecast for a sixth straight month, while raising its 2027 outlook and reporting higher September crude output for participating countries.