Franchise News
ChemChina Improves Offer To Buy Syngenta, Annouces Plan To Purchase Company In 2 Stages
Century Aluminum Reaches Power Agreement With Santee Cooper, Mt. Holly Smelter To Operate At Half Capacity
Pandora Announces Plan To Pay 15 Percent More To Artists Whose Music They Are Streaming
Pandora's new royalty rates represent a 15 percent increase over the company's 2015 effective per-performance payment system.
Latest News
GSK To Acquire HIV Assets Of Bristol-Myers Squibb, Compelement ViiV Healthcare's Existing Portfolio
GlaxoSmithKline plc (GSK) has announced in a press release that it will be acquiring Bristol-Myers Squibb’s late-stage HIV R&D assets and its portfolio of preclinical and discovery stage HIV research assets. The HIV assets complement GSK’s global HIV business ViiV Healthcare’s existing portfolio.
GM Financial To Build Operations Facility in San Antonio: Could Create Nearly 500 Local Jobs
General Motors (GM) Financial Company, Inc., the financial arm of GM Company, has announced in a press release this week that it will be building a financial servicing center in San Antonio, Texas.
Donald Washkewicz Retires As Chairman Of The Board Of Parker Hannifin, The Company's CEO Thomas Williams Will Replace Washkewicz
Parker Hannifin Corporation, the global leader in motion and control technologies, has announced in a press release published GlobeNewswire that Donald E. Washkewicz will be retiring as chairman of the board of directors, effective December 31, 2015. Washkewicz, who began his career as an engineer in 1972 in the Hose Products Division, has dedicatedly serve Parker Hannifin for 43 years.
LifeLock To Settle FTC Charges Of Violating 2010 Order, Will Pay Consumers $100 Million
The Federal Trade Commission (FTC) has said in a press release that LifeLock, Inc. will settle the contempt charges that the FTC has filed against them alleging that they violated the terms of a 2010 federal court order. The company agreed to pay $100 million to settle the charges.
Lee Enterprises Announces Leadership Changes, Part of Planned Leadership Transition
Lee Enterprises, Inc., a leading digital and print provider of local news, information and advertising in 50 markets, has announced in a press release changes in its leadership. Mary E. Junck, the current chairman, president and CEO of Lee Enterprises, will step down as president and CEO and become the executive chairman of the company. Replacing Junck as the new president and CEO of the company is Kevin D. Mowbray, the current executive vice president and COO.
Gillete Files Lawsuit Against Dollar Shave Club, Sells Patented Razors
The Gillette Company, a wholly-owned subsidiary of the Proctor & Gamble Company (P&G), has filed a lawsuit against the Dollar Shave Club, a marketer and retailer of shaving products, according to a press release issued by the Gillette. The lawsuit, which was filed in the District of Delaware, cites the unauthorized use of patented technology that is intended to protect Gillette’s significant investment in razor technology.
Zurich Acquires Rural Community Insurance Services, Expands Its Existing Portfolio Of Products And Services
Zurich Insurance Group has announced in a press release that it will be acquiring 100 percent of Rural Community Insurance Services, a leading provider of agricultural insurance in the U.S., from Wells Fargo & Company. The acquisition will expand Zurich’s existing portfolio of products and services, and strengthen its top five position in the U.S. commercial insurance.
China Southern Airlines To Buy Airplanes from Boeing To Facilitate Optimization Of Company's Fleet Structure
The China Southern Airlines Company Ltd. has said in a statement that it will be purchasing 110 airplanes from Boeing Co. worth more than $10 billion.
Shaw Communications Announces Plans To Acquire WIND Mobile To Enhance Product Offerings
Shaw Communications Inc. has announced in a press release that it will be acquiring a 100 percent interest in Mid-Bowline Group Corp. and its subsidiary, WIND Mobile Corp., for approximately $1.16 billion.
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