Oil prices are sharply higher after EU leaders reached an agreement to ban 90% of Russian crude by the end of the year. Crude oil is up more than 3%, trading around $119 a barrel. The agreement resolves a deadlock after Hungary initially held up talks.
Nearly 100 Sears Hometown stores, including three in Louisiana, are holding liquidation sales and closing their doors for good. Transformco acquired Sears Hometown in 2019.
Starbucks has until later this week to file any objections with the National Labor Relations Board after workers at a store in Birmingham became the first of the company’s locations in Alabama to vote to organize. Baristas and other employees at the downtown location voted 27-1 to organize. They would be represented by Workers United if the vote stands.
