Life-threatening problems: A federal audit found major weaknesses in the Housing Authority of New Orleans’ Section 8 inspection program, with HUD inspectors finding deficiencies in 74 of 75 homes that had recently passed inspections by HANO’s private contractor. Auditors identified 591 deficiencies, including 303 life-threatening problems, and estimated HANO could pay more than $171 million over the next year for units that fail federal standards if the problems are not corrected. The findings largely fault HANO’s oversight of its contractor, which missed 37% of deficiencies observed by federal inspectors. The Center Square has the full story.
Final weeks: Keith Lee-approved breakfast restaurant Fork N Spoon is closing after its owner, Kristen Abshire, announced the decision in late August. Abshire said there was no single event behind the closure and described running a business as “intense.” The restaurant will maintain normal hours through Oct. 3, then operate weekends only until it closes. 225 has the full story.
JPMorgan announces changes: JPMorgan Chase will move customer data-sharing controls to the front of its banking app, giving users clearer information about which accounts are connected to fintech apps and allowing them to manage or end those connections. The change comes amid a broader fight between banks and fintech companies over access to sensitive financial data, including an unresolved federal open-banking proposal that would establish rules for data sharing. JPMorgan has also reached agreements with major data aggregators, including Plaid, after announcing it would begin charging fintechs for access to customer information. Bloomberg has the full story.
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