Hamilton Place Mall changes escort policy
Changes in Hamilton Place mall’s longstanding youth policy will start today.
The Youth Escort Policy will be enforced from 4 p.m. until close on Fridays and Saturdays. Also, mall officials will be able to implement the policy at any other day or time at their discretion when deemed necessary by management, security or local officials, according to the mall.
The policy states that anyone under the age of 18 must be accompanied by a parent or legal guardian over the age of 21 after 4 p.m. on Fridays and Saturdays, or any other time the policy is in effect. The policy is in effect for all parts of the mall with the exception of the department stores and stores with exterior entrances.
The Youth Escort Policy has been in effect at Hamilton Place since 2001. The extension of this policy is based on feedback from local government, business leaders and community members, mall officials said.
Mortgage rates stay at 4.19 percent
Long-term U.S. mortgage rates barely budged this week, after marking their first increase of the year last week.
Mortgage buyer Freddie Mac said the rate on 30-year fixed-rate loans was unchanged from last week at an average 4.19 percent. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all of 2016, the lowest level recorded from records going back to 1971. The average for a 15-year mortgage ticked up to 3.41 percent from 3.40 percent last week.
Uber CEO quits Trump council
Uber CEO Travis Kalanick has quit President Donald Trump’s council of business leaders, according to an internal memo obtained.
Kalanick wrote to his employees that he’d spoken with Trump on Thursday to “let him know that I would not be able to participate on his economic council. Joining the group was not meant to be an endorsement of the president or his agenda but unfortunately it has been misinterpreted to be exactly that.”
Snap Inc. files for IPO offering
Snap Inc., owner of the popular disappearing-messages service Snapchat, seeks to raise up to $3 billion in an initial public offering.
That number may change based on investor demand. Facebook raised $16 billion when it went public in 2012.