At the pump: The average U.S. price of regular-grade gasoline has risen over the past two weeks, increasing $0.30 per gallon to $2.69. Still, the lowest gas on average can be found in Baton Rouge, at $2.08. Industry analyst Trilby Lundberg of the Lundberg Survey said on Sunday there may be a price drop soon as maintenance at refineries continues and consumers cut back demand this time of year. The highest average price in the nation for regular-grade gas is $4.09 per gallon in San Francisco. Read the full story.
Turnover: The retail industry, already reeling from high-profile bankruptcies and thousands of store closures in recent years, is facing a new challenge—churn at the top, as more than a dozen national retailers undergo leadership shakeups, The Washington Post reports. CEO turnover at publicly traded retailers rose to 23% in 2017, the last year for which sector-specific numbers are available, up from 16% the year before, according to a study of Standard & Poor’s 500 companies by the Conference Board. By comparison, the industry’s historical average is 10.5%. Read the full story.
Foster to adopt: Louisiana’s Department of Children and Family Services agency says 893 children in foster care were adopted into 661 families over the past year, just shy of last year’s record 912. Of those adopting families, 164 adopted siblings. Read the full announcement.
