Must Read Money Stories For Friday, Oct. 2

by October 2, 2015

MRMSDunkin’ closing stores. Dunkin Donuts is ubiquitous in New England, and a visible presence in other parts of the country. But, Dunkin Brands plans to close 100 stores in the next year, reports CNN Money. The step comes amid a frantic competition for breakfast lovers. Investors were not pleased: Dunkin’s stock fell 10 percent on Thursday. Dunkin is plunging ahead with plans to open more stores in California, despite the cutbacks.

VW before Congress. The top U.S. executive from Volkswagen AG are expected to testify before Congress next week on the carmakers’ growing emissions scandal. The Detroit News says VW of America’s Michael Horn and two officials from the Environmental Protection Agency will appear before a House committee next Thursday.

Wrapping up TPP. Trade ministers from a dozen Pacific Rim countries are meeting in Atlanta to try to put finishing touches on the Trans-Pacific Partnership treaty, the biggest such deal in a generation. If the treaty is ever signed, it would create the world’s biggest free trade zone. But, many sticking points remain. NPR’s Marilyn Geewax discussed the hurdles in an interview with Here and Now.

Courtesy of the U.S. Postal Service.

Courtesy of the U.S. Postal Service.

A Charlie Brown stamp. Fifty years after A Charlie Brown Christmas first aired, the U.S. Post Office has issued Charlie Brown forever stamps. The stamps, which can be used no matter what happens to the price of postage, normally would be out closer to Christmas, but the Post Office decided to commemorate the 65th anniversary of the Peanuts comic strip. Bringing them out now also means more sales for the postal service than it ordinarily would get from holiday stamps. A book costs $9.80 and features 10 frames from the 1965 animated special.