Thousands gather at Egypt's "largest Iftar table" to break their Ramadan fast.
Scrub Daddy, the kitchen sponge maker that gained popularity after securing an investment on U.S. TV show "Shark Tank," is exploring options that include a sale of the company, according to people familiar with the matter. Scrub Daddy, which is backed by entrepreneur Lori Greiner, has hired JPMorgan Chase to advise on whether and how its investors, that include its founder and chief executive Aaron Krause, should cash out, the sources said. The Pennsauken, New Jersey-based company generated more than $220 million of revenue last year, and could be worth several hundreds millions of dollars in a potential divestment of the entire company or stake sale, the sources said.
West Virginia's unemployed people will need to do more to prove they are searching for jobs to collect state benefits under a new law that will take effect later this year. A controversial bill passed by the GOP-majority Legislature on the final day of the 60-day legislative session went into law without Republican Gov. Jim Justice's signature Thursday. The legislation contains provisions that will go into effect July 1 requiring that people receiving unemployment benefits in the state must complete at least four work-search activities a week.