European markets log third session of gains

European markets closed higher for a third straight session, with the Stoxx 600 index gaining 0.5% on Thursday.

The FTSE 100 was flat while France’s CAC 40 climbed 0.4% and Germany’s DAX added 0.8%. By sector, gains were led by the chemicals sector, up 1.1%.

The best-performing stock was LEG Immobilien German property company, which rose 6.7% after Morgan Stanley upgraded it to “overweight.”

Global markets have been cheered by indications that the U.S. Federal Reserve is looking to slow the pace of interest rate hikes, while in Europe, PMI data this week

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On the heels of food halls planned on the Strip and in the southwest valley, a new food hall is slated to open in downtown Las Vegas. The Fremont Hotel and Casino will debut its new food hall in December, according to a Facebook post. The food hall is part of Boyd Gaming’s $50 million expansion. The 13,150-square-foot food hall will become home to a Steak ‘n Shake, Henderson-based brunch spot CraftKitchen, cozy ramen restaurant Tomo Noodles, southern chicken tender eatery Huey Magoo’s, San Francisco-based Roli Roti, and a Dunkin’.

The downtown hotel’s food hall is the latest in a

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Famed Chinese chef Peter Chang just opened a high-profile restaurant, Chang Chang, his first in the District. But there’s another new Chang venture in Fairfax flying under the radar with a semi-secretive name: Lu Wei Peter Zhang, which quietly opened in September (thanks to Tyler Cowen’s guide for tipping us off).

The fast-casual venture is a separate operation for Chang and business partners; daughter and business partner Lydia Chang nor chef Pichet Ong is not involved like at Peter Chang, Q by Peter Chang, and NiHao. 

Like the “Chang-Out” part of Chang Chang, the Fairfax restaurant is designed mostly for

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European stocks nudge higher as UK PM resigns

European markets reversed early losses to end the day 0.25% higher, on a day which saw political turbulence in the U.K. culminating in the prime minister’s resignation.

The U.K.’s FTSE 100 closed 0.27% higher and the pound gained around 0.7% against the dollar.

France’s CAC 40 closed up 0.7% and Germany’s DAX index rose 0.2%.

Dutch firm Be Semiconductor led stock gains, rising 15% despite warning of an industry downturn. Meanwhile Ericsson and Nokia slipped 14% and 7.5%, respectively, after both missing analyst profit forecasts.

— Jenni Reid

Stocks on the move:

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Big Papa's Restaurant and Catering

Big Papa’s Restaurant and Catering is at 1236 Northampton St. in Easton.Rudy Miller | For lehighgvalleylive.com

It’s been 10 years since Les Smith’s life-changing confrontation with Easton police.

The 33-year-old Palmer Township man had been in and out of trouble for years due to drug and alcohol abuse.

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  • Are grocery stores open on Labor Day? Yes, most are open but Costco clubs are closed Sept. 6.
  • What stores are closed on Labor Day? Major retailers are open but Costco is the big exception.
  • McDonald’s, Starbucks, Taco Bell, IHOP, Dunkin’ and most national chains are open Labor Day.

Consumers wanting to take advantage of the long weekend will find plenty of options for shopping and grabbing a bite on Monday.

Unlike Thanksgiving, Christmas and Easter, most major retailers and grocery stores will be open on Labor Day, a federal holiday dedicated to the achievements of American

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