Saturday, October 12, 2013
First Place Bank holiday toy drive
For its 2013 “Lifting Hearts” holiday toy drive, First Place Bank is asking the public to vote for one of three United Way agencies.
The winner will receive a bus full of toys and gifts that it can distribute to the children it serves.
Starting Monday, votes can be placed by visiting www.firstplacebank.com/liftinghearts. Voting ends Nov. 4.
Weathersfield Twp. business initiative
Weathersfield Township trustees will host their first Business Development Initiative meeting at 6 p.m. Tuesday at the township administration building, 1451 Prospect St.
Trustees will discuss available business partners, and the Weathersfield Business Network will be created.
The network will consist of township businesses and residents who own businesses outside the community.
The network will focus on retaining and attracting businesses.
Girard Burger King plans celebration
The newly remodeled Burger King at 322 South State St. will have a grand-opening celebration Monday.
The official ribbon-cutting begins at 1 p.m. The first 300 customers will receive a free Whopper sandwich coupon.
The restaurant also will host a giveaway for a Dr Pepper mountain bike and helmet Nov. 9 when the drawing will occur.
Torrid opens in Southern Park Mall
Southern Park Mall has welcomed Torrid as its latest tenant. The clothing retailer opened earlier this month. Torrid features lingerie and accessories for young women who wear size 12 to 28.
To celebrate its grand opening, Torrid will offer complimentary gift cards to the first 50 people in the store at 10 a.m. today.
Rare quarterly loss at JPMorgan Chase
Mounting legal costs pushed JPMorgan Chase to a rare loss in the third quarter, the first under the leadership of Jamie Dimon.
The largest U.S. bank by assets set aside $9.2 billion in the quarter to cover a string of litigation stemming from the housing crisis and the bank’s “London Whale” trading debacle.
JPMorgan said it has placed a total of $23 billion in reserve to cover potential legal costs, including the $9.2 billion.
In a conference call with reporters, CEO Dimon called the costs “painful,” but said they reflected “the reality we have to deal with.”
Though JPMorgan emerged from the financial crisis and the Great Recession as one of the strongest U.S. banks, it has been dogged by legal problems in recent years.
Vindicator staff/wire reports