In Brief
Turnpike tolls increase SundayHARRISBURG — A 6 percent increase takes effect Sunday for cash and E-ZPass motorists on the Pennsylvania Turnpike.The turnpike commission says the money will help to rebuild and widen the turnpike as well as support Pennsylvania’s public transportation needs.The commission says it generated $1 billion in annual toll revenue from more than 198 million vehicles in the 2016 fiscal year.
USPS to discontinue services at StaplesNEW YORK — The U.S. Postal Service said in a statement that in November it was ordered by a National Labor Relations Board administrative law judge to discontinue its retail relationship with Staples and that it plans to comply.USPS services, which were handled by Staples employees, will be discontinued at about 500 of the office supply retailer’s locations by March.
Secretary of state pick reveals stocksRex Tillerson, the former Exxon CEO picked by President-elect Donald Trump to be the next secretary of state, has disclosed in a filing with the federal Office of Government Ethics that he owns stock in some of his old competitors and in a slew of companies with operations around the world.Tillerson’s holdings include shares of Chevron, Royal Dutch Shell, Apple and General Electric.
Sears to sell Craftsman brandNEW YORK — After controlling the Craftsman name for 90 years, Sears said it will sell the brand to Stanley Black & Decker.Stanley, which makes and sells tools under the DeWalt and Black & Decker names, wants to grow the Craftsman brand by selling its products in more stores outside of Sears.Sears announced plans Thursday to close 150 stores, about 10 percent of its total.
Mercedes-Benz recalls SUVsDETROIT — Mercedes-Benz is recalling nearly 48,000 SUVs in the U.S. to fix a sensor problem that could stop the front passenger air bag from inflating in a crash.The recall covers GL, GLE and GLS models from the 2016 and 2017 model years.
Wal-Mart expands online with ShoeBuyBENTONVILLE, Ark. — Jet.com, the online retailer now owned by Wal-Mart, has acquired the footwear-shopping website ShoeBuy for about $70 million.The deal, announced Thursday, closed Dec. 30.The move is Wal-Mart’s push to expand its reach online following last year’s acquisition of Jet.com, which it bought for $3 billion plus $300 million in stock.
