Truck service opens Augusta dealership
MHC Kenworth, a national heavy duty truck service network, has opened its first Augusta dealership, at 4318 Belair Frontage Road near Interstate 20.
The dealership has 10 service bays, with space to build 10 more. The parts department is 4,500 square feet and includes a 1,500-square-foot display area and a 3,000-square-foot warehouse.
“Our Augusta dealership places us in a market where several of our key customers are based or operate equipment,” said Todd Rice, MHC Kenworth’s vice president for Georgia.
The store has six employees and is open from 8 a.m. to 5 p.m. Monday through Friday.
Bank unveils bond plan to save euro
FRANKFURT, GERMANY — The European Central Bank unveiled its most ambitious plan yet to ease Europe’s financial crisis with a plan to buy unlimited amounts of government bonds to help lower borrowing costs for countries struggling to manage their debts.
Large-scale purchases of short-term government bonds would drive up their price and push down their interest rate, or yield, taking some pressure off of financially stressed governments such as Spain and Italy.
“We will have a fully effective backstop to avoid destructive scenarios,” ECB President Mario Draghi said at a news conference, in which he also defended the euro currency union as “irreversible.”
Suit says Darden violated labor laws
MIAMI — Darden Restaurants Inc. violated federal labor laws by underpaying thousands of servers across the country at Olive Garden, LongHorn Steakhouse, Red Lobster and other eateries, according to a lawsuit filed Thursday on behalf of the workers.
The lawsuit filed in Miami federal court seeks to collectively represent current and past employees who worked for Darden from August 2009 to the present. It seeks potentially tens of millions of dollars in back pay and other compensation, plus interest and attorney fees, said lead lawyer David Lichter.
Darden spokesman Rich Jeffers said the allegations “fly in the face of our values and how we operate our business.”
– From staff and wire reports