LifeScan Launches OneTouch Store
LifeScan — a world leader in blood glucose monitoring and the maker of the iconic OneTouch brand products — announced the launch of its OneTouch Store that includes debut subscription offerings for products and live, unlimited personalized diabetes coaching services accessible through the OneTouch Reveal mobile app. The
new OneTouch Store provides people with diabetes a choice from a variety of subscriptions and stand-alone products for home delivery. The OneTouch Store, OneTouch Coach, and OneTouch Subscribe + Coach are accessible through the free OneTouch Reveal app available for download on the Apple Store or through Google Play.
Huntington Bank to merge with TCF Financial
Two big bank holding companies with huge name recognition throughout the Midwest — Columbus, Ohiobased Huntington Bancshares and Detroitbased TCF Financial Corp. — announced plans for an all-stock merger valued at $22 billion. The Huntington brand name will survive. The merger, which is expected to close in the second quarter, means that another Michigan-based bank will go by the wayside. Still, the merger calls for keeping two headquarters for different operations in a unique commitment to Detroit and Michigan. Huntington Bancshares will retain its headquarters in Columbus for the holding company and consumer banking operations. A Detroit headquarters will be used for the combined company’s commercial banking arm. Huntington’s top executive, Stephen D. Steinour, will remain the chairman, president and CEO of the holding company and CEO and president of the bank after the merger is completed.
Philly restaurant tax break offers little relief
A new Philadelphia tax break won’t give substantial relief to restaurants struggling to stay afloat during the pandemic, saving most eateries just a few hundred bucks, owners said. Mayor Jim Kenney said last week that bars and restaurants won’t have to pay the city’s Use and Occupancy Tax on their unused dining space after he shut down indoor dining last month to slow the resurgent spread of the coronavirus. The tax break covers the six-week period of the city’s latest round of restrictions, from Nov. 20 through Jan. 1. The businesses must still pay the tax on other operational space, such as kitchens. The amount of relief for restaurants will vary, depending on the size of their dining spaces.