Tuesday’s headlines – WISH-TV | Indianapolis Information | Indiana climate

0
92
  Several factors likely to lead to higher gas prices - WISH-TV |  Indianapolis News |  Indiana weather

INDIANAPOLIS (WISH) – Here’s a look at the headlines on Tuesday.

Steak ‘N Shake

Indiana-based Steak ‘N Shake paid off its debt on Friday but is now suing its lender fortress.

Fortress obtained confidential information through negotiating a potential real estate deal with Steak ‘N Shake and then used that knowledge to establish a $ 89 million position in the company’s loans.

Steak ‘N Shake’s lawsuit filed Friday in the Marion County Supreme Court in Indiana seeks to compensate for alleged losses from Fortress’ actions.

Steak ‘N Shake was grappling with the impact of the COVID-19 pandemic on the restaurant business and switched from table service to pickup.

Home work

This year, more Americans are planning to move because of the flexible work from home lifestyle that started the COVID-19 pandemic.

According to the NPD group, 20% more consumers are planning to move this year than last year.

Consumers are moving during the pandemic for a variety of reasons, such as: B. to lower the cost of living or to be closer to family.

Fuel prices

The average US price of regular gasoline rose 14 cents a gallon in the past two weeks to $ 2.64.

According to the AAA, the country has seen some of the most expensive gases in over a year. According to the AAA, with the forced closure of the Gulf Coast and some refineries in the Midwest due to last week’s winter weather, gas supplies and prices have skyrocketed.

In central Indiana, AAA says the current price is $ 2.62 a gallon. A month ago it was $ 2.31.

SolarWinds

On Tuesday there will be a hearing on the biggest hack in US history.

It’s called the SolarWinds Hack and it invaded the U.S. Treasury Department, Department of Homeland Security, Department of State, and Department of Energy.

Microsoft believes they were Russian actors but were from the United States and it took 1,000 engineers to make it happen.