Franchise News
Ford Tests Ride-Hailing Service, Looks To Decongest Traffic And Make Public Transit More Accessible
Dow Chemical And DuPont in Advanced Talks to Merge, Combined Worth Estimated At $120 Billion
AIG Announces Changes in Leadership Team, Looking to Execute Strategic Priorities and Provide Value
American International Group, Inc. (AIG) has announced in a press release the formation of a new executive leadership team. The changes in the leadership team are designed to help execute the company’s strategic priorities and provide value to its clients around the world.
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Faraday Future Vows To Invest $1 Billion For New Production Facility in Nevada, Add 4,500 Jobs
Faraday Future, a new electric vehicle and future mobility startup company, has said in a letter published in the company’s website that they have selected North Las Vegas, Nevada for its $1 billion facility.
AccorHotels To Acquire 3 Iconic Hotel Brands, Enhancing Company's Footprint In Luxury Segment
AccorHotels has announced in a press release that it will be acquiring FRHI Holdings Ltd., the parent of Fairmont, Raffles, and Swissotel hotel brands.
Pekka Rantala Steps Down As Rovio CEO, Shifts More Operational Responsibility To Games Division
Rovio Entertainment Ltd., a global entertainment media company and the maker of “Angry Birds,” has announced in a press release that Pekka Rantala will be stepping down as the CEO of the company.
United Airlines Brings Back Free Snack, To Introduce New Signature Snacks As Well
United Airlines, Inc. has announced in a press release that complimentary snacks will be offered on all of the airline’s flights within North America and Latin America by February 2016. The complimentary free snacks come as United Airlines prepares to bring illycaffe’s signature scuro dark roast coffee to United Club locations at the airline’s hubs in the U.S.
Boeing Schedules 1st Flight Test For New 737 MAX 8 For Early Next Year
The Boeing Co. has announced in a press release the completion of the final assembly of its first 737 MAX 8, which rolled out of the company’s factory in Renton, Wash. on Nov. 30. The new airplane is on schedule for its first test flight in early 2016.
Morgan Stanley Adds Alistair Darling to Board of Directors Following PIMCO's Appointment Of Gordon Brown To Global Advisory Board
Morgan Stanley has announced in a press release that Alistair Darling, a former member of the British Parliament, has been elected to the Company’s board of directors.
Didi Kuaidi Hires Jerry Yang As Senior Adviser, Apparently Hoping To Strengthen its Tech Alliance
Didi Kuaidi, the largest car-hailing app in China, has just appointed Jerry Yang, co-founder of Yahoo, to its board as senior advisor, according to a report from Techcrunch.
EU Slaps Qualcomm With Antitrust Charges, Company Accused Of Exclusivity Payments, Predatory Pricing
The European Commission has charged Qualcomm Incorporated with abusing its dominant position in the worldwide markets for 3G and 4G based chipsets, according to a press release issued by the Commission.
Morgan Stanley To Cut 1,200 Jobs, Will Take $150 Million Severance Charge
Morgan Stanely will be cutting 1,200 jobs, including about 470 traders and salespeople in the company’s fixed-income and commodities business, a person with knowledge of the matter told Bloomberg.
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