Franchise News
Canadian Pension Funds to Acquire Chicago Skyway Toll Road, Fits Well with The Pension Funds' Strategies
Hulu in Talks to Sell a Stake to Time Warner, Advance its Efforts to Compete with Netflix and Amazon
Hulu is looking to sell a stake to Time Warner Inc., part of a deal that would value the company at more than $5 billion, people familiar with the matter told The Wall Street Journal. The move would allow Hulu to advance its efforts to compete against Netflix, Inc. and Amazon.com, Inc.
Latest News
Campbell Recalls Cans of SpaghettiOs Original, Potential Choking Hazard Found in Small Number of Cans
Campbell Soup Company, who makes a range of high-quality soups and simple meals, beverages, snacks and packaged fresh foods, has announced in a press release that it is voluntarily recalling the 14.2 ounce cans of SpaghettiOs Original. The recall is due to pieces of red plastic found in a small number of cans that is considered a potential choking hazard.
Barrick Gold to Sell 4 Non-Core Assets to Kinross and Waterton for $720 Million, Part of Debt Reduction Effort
Barrick Gold Corporation has announced in a press release that it will be selling four non-core assets to Kinross Gold Corporation and Waterton Precious Metals Fund II Cayman, LP for a total of $720 million in cash. The sale of the assets is part of the company’s effort to reduce its debt, which it said is on track to meet.
American Airlines Adds 2 People to Board of Directors, Increases Directors to 13 Members
American Airlines Group Inc. has announced in a press release that they have appointed Martin H. Nesbitt, 52, and Susan D. Kronick, 64, to its board of directors. The appointment is immediate and it increases the airlines directors to 13 members.
Airbnb Pledges to Work Together with Cities, Be More Transparent, Pay Fair Share of Taxes
Airbnb said in a blog post that the company is planning for greater cooperation with cities with its new Airbnb Community Compact policy. Under the new policy the company is planning to be more transparent and pay its fair share of taxes.
Joe's Crab Shack Trying Out No Tippining Policy in 18 Locations, Will Raise Hourly Wages of Front-House Workers
Joe’s Crab Shack, a casual seafood chain, has eliminated tipping at 18 of its locations since August and will probably expand the policy nationwide, according to a report from CNN Money. The restaurant will also be increasing the hourly wages of front-house workers at the selected restaurant to around $12 to $14 an hour.
IAC Offers to Acquire Angie's List, Angie's Board to Review and Evaluate the Offer
InterActiveCorp (IAC) has proposed to acquire all of the outstanding shares of Angie’s List, Inc. common stock for $8.75 per share, according to IAC’s press release published in PR Newswire. The transaction proposed would be structured as an all-cash deal, however, IAC is also considering a combination of Angie’s List with IAC’s HomeAdvisor business through a tax-free stock-for-stock exchange.
Carl Icahn Looking to Sell Fontainebleau in Las Vegas, Property Could be Sold for $650 Million
Carl Icahn, a billionaire investor, is putting up the Fontainebleau Las Vegas on the Strip, for sale, according to a report from The Wall Street Journal. CBRE Group Inc., who Icahn hired to market the unfinished resort and casino, said that they expect to sell the property for $650 million.
Dunkin Donuts Releases Festive Holiday Cups, Provide Alternative to Starbucks Controversial Cups
Dunkin’ Donuts has just released their new line of holiday cups that features the word “Joy” surrounded by images of wreaths and holly for the Christmas season, according to a report from the New York Post. The new cup design is a festive alternative to Starbucks’ conservative and controversial cup design.
Tenable Network Security Raises $250 Million in Funding Round, Will Accelerate Company's Long-Term Global Growth
Tenable Network Security, one of the leading global providers of next-generation cyber security software, has announced in a press release a $250 million Series B funding round led by Insight Venture Partners and Accel. The investment, which is one of the largest funding rounds completed for a private security company, is expected to accelerate Tenable’s long-term global growth.
Most Read
