Tune in: Baton Rouge celebrity chef Holly Clegg took a turn on Harry Connick Jr.’s talk show Harry today to share recipes, tips and tricks from her cookbooks while chatting with Connick about their Louisiana roots. Clegg has written 10 cookbooks focusing on healthy eating and home cooking. Harry airs on WAFB in Baton Rouge at 3 p.m.
Paid in cash: A Charlotte, North Carolina, startup is offering homebuyers and sellers cash backing in case their mortgage doesn’t go through, essentially underwriting potential sales as a lender would without actually being a lender. Ribbon fronts cash to homebuyers, charging them 1.95% of the purchase price so they can close a sale quickly, helping them compete in the case of bidding wars, CNBC reports. If the client can’t get the mortgage, Ribbon will buy the home, allowing the client to rent until they can purchase it. The risk, of course, is that though the business model works in a hot housing market, homes won’t always appreciate as quickly as they are right now.
Read the full story.
Road trip: AAA predicts more than 41.5 million Americans will travel 50 or more miles over Memorial Day weekend, which would be the highest travel volume since 2005 and up 5% from last year. With close to 2 million more people on the roads than usual, INRIX, a global transportation analytics company, expects travel delays on major roads could be up to three times longer than normal, with the worst traffic on Thursday and Friday as travelers blend with commuters. Drivers are also expected to pay the highest Memorial Day gas prices since 2014, since prices hit an average of $2.72 in April, 30 cents higher than last year. In Louisiana, gas prices average $2.57 right now, nearly 40 cents higher than a year ago.
