New leadership: The Spine Hospital of Louisiana at the NeuroMedical Center on Wednesday announced Terri L. Hicks as its new CEO. Hicks succeeds former President and CEO Robert D. Blair, who held the hospital’s top leadership role for 12 years. Hicks joins the hospital on Aug. 22 and officially assumes the CEO role Oct. 1. Hicks was selected following a national search led by the hospital’s board of directors.
Not pulling back: Even as restaurants and fast-food chains hike menu prices, customers aren’t pulling back on tips for wait staffs and cashiers, according to a new report. Diners tipped an average of 19.6% at full-service restaurants and 16.9% at quick-service eateries during the second quarter, which was roughly in line with a year ago, according to sales data from software provider Toast. In-person diners typically were more generous, tipping an average of 19.7%, according to the report. Delivery or takeout customers tipped an average of 14.5%. CNBC has the full story.
Slowdown: The National Association of Realtors’ July report on existing-home sales caps a week of figures that so far have pointed to a slowdown in the housing market, The Wall Street Journal reports. The housing market has been rapidly losing steam as the Federal Reserve’s aggressive path of interest-rate increases pushes up the cost of taking out a mortgage. Read more.
