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The Daily Money: Will Tupperware seal a deal?


Good morning! It’s Daniel de Visé with your Daily Money.

Tupperware may have sealed a new deal.

The storage-container company has reached a tentative agreement to sell its business, just weeks after filing for bankruptcy, Amaris Encinas reports. 

The private sale of the Tupperware name and its products is to a couple of key lenders, including Alden Global Capital, according to a company announcement on Tuesday.

Here are all the details.

E. coli at McDonald's?

The Centers for Disease Control and Prevention announced Tuesday that multiple agencies are investigating an E. coli outbreak linked to Quarter Pounder burgers at McDonald's.

The agency said there have been at least 49 people sickened across 10 states, with 10 people requiring hospitalization and one death, James Powel reports. The majority of illnesses have been reported in Colorado and Nebraska, though some have been reported as far west as Oregon, and as far east as Wisconsin.

The specific source of the contamination has yet to be identified, but one suspect ingredient isn't the patty itself: it's a topping.

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📰 A great read 📰

Finally, here's a popular story from earlier this year that you may have missed. Read it! Share it!

Affordable housing can be difficult to come by. In the past decade alone, the number of homes for purchase under $200,000 dwindled from half of all sales to 21%, according to a recent report from Realtor.com. At the same time, the national median listing price on homes has increased nearly 40% since 2019.

The good news is that the inventory of smaller and more affordable homes has grown.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.