Franchise News
Cheniere Energy Names Neal Shear Interim President And CEO: G. Andrea Botta Appointed As Chairman Of The Board
Exxon Mobil Senior VP Darren Woods Elected As Oil Company’s Next President, Keeping With Company’s Practice Of Promoting From Within
Micron to Acquire Remaining Shares of Inotera Memories, to Utilize Company's Full Financial, Operational Benefits
Micron Technology, Inc. has announced in a press release that it will acquire the remaining shares of Inotera Memories for approximately $3.2 billion, net of cash and debt at Inotera.
Latest News
Sunrun Opens Corporate Office in Denver, Pledges To Hire Up To 800 Workers In The Next Few Years
Sunrun Inc., the largest dedicated residential solar company in the U.S. has announced in a press release that it will be opening a new corporate office in Denver, Colorado.
Kitson Closes All Stores, Boutique Has Been Struggling Since 2013
Kitson, an upmarket department store chain, is preparing to close all of its 17 retail locations as well as its online shop, Shokitson.com, according to a report from the Los Angeles Times. The boutique chain, known as the shop being frequented by the likes of Paris Hilton and Lindsay Lohan, has been struggling since 2013 as it over-expanded, at times opening in areas with high rents.
Several Airlines Ban Hoverboards, Concerns About Fire Safety Cited
Several airlines, including British Airways, are starting to ban the carriage of hoverboards, the gliding vehicles which have become an international craze in recent months, according to the Wall Street Journal.
Ford to Invest $4.5 Billion in Electric Vehicles by 2020
Ford Motor Company has announced in a press release that it will be investing an additional $4.5 billion in electrified vehicles solutions by 2020.
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.
Ford Tests Ride-Hailing Service, Looks To Decongest Traffic And Make Public Transit More Accessible
Ford Motor Company has announced in a press release that it is piloting the Dynamic Shuttle service, an on-demand ride sharing service, for its employees to use around its Dearborn, Michigan campus.
Dow Chemical And DuPont in Advanced Talks to Merge, Combined Worth Estimated At $120 Billion
Dow Chemical Co. and DuPont Co. are already in advanced talks for a merger and deal could be announced in the coming days, people familiar with the matter told the Wall Street Journal.
FLIR To Provide Thermal Imaging Technology To DJI's Drones To Assist Police, Firefighters, Farmers
FLIR Systems, Inc. has announced in a press release that they are collaborating with DJI Innovations, a leader in the drone industry, in which FLIR’s thermal imaging technology will be used DJI’s drones.
Sweet Leaf Tea Recalls 16-Ounce Bottles Due To Possible Presence of Glass Fragments
The Sweet Leaf Tea Company has announced in a press release that it is voluntarily recalling the Sweet Leaf Tea in 16-ounce glass bottles because of the possible presence of glass fragments in the bottles.