Franchise News
Rodney Slater Tapped to Audit Fiat Chrysler's Safety Practices, Part of Settlement with Federal Regulators
Tyson Foods Increase Pay at Chicken Plants, Looking to Boost Employee Recruitment and Retention
Founder of Staples Thomas Stemberg Dies at 66, Was Battling Gastric Cancer
Thomas G. Stemberg, the man who co-founded Staples Inc. and invented the office superstore, died Friday, October 23, 2015, at his home in Chestnut Hill, according to a report from the Boston Globe. Stemberg, 66, was battling gastric cancer, which he was diagnosed with two years ago.
Latest News
American Airlines to Build New Headquarters in Fort Worth, Part of Continuing Integration with U.S. Airways
American Airlines said in a letter to employees that they will be building a new headquarters and create a corporate campus in Fort Worth, Texas, according to a report from the Dallas Business Journal. The new headquarters and corporate campus is still part of the airline’s continuing integration with U.S. Airways, which it merged with two years ago.
Century Aluminum Looking to Secure New Power Deal for Mt. Holly Smelter, Will Close Down Operations if No New Deal Reached
Century Aluminum, a wholly-owned subsidiary of Century Aluminum Company is looking to secure a competitively priced power arrangement to deliver energy to Mt. Holly smelter plant, according to a press release issued by Century Aluminum. The company plans to close down the plant’s operations if no new deal is reached.
Liberty Global in Talks to Acquire Cable & Wireless Communications, Deal to Broaden Presence of Liberty in Caribbean, Latin America
Cable & Wireless Communications Plc (CWC) announced in a press release, published by the London Stock Exchange, that it is in discussions with Liberty Global Plc for a possible offer of cash and shares to acquire CWC. The acquisition, if it pushes through, would broaden Liberty Global’s presence in the Caribbean and Latin America.
CIT's CEO to Retire in March 2016, Will be Succeeded by Ellen Alemany
CIT Group Inc. announced in a press release that John A. Thain, the company’s CEO, will be retiring on March 31, 2016 but will continue to serve as chairman of the board of directors. Succeeding Thain as the new CEO once he retires will be Ellen R. Alemany, who will also become a member of the management team as vice chairman on November 1, 2015.
SolarWinds to be Acquired by Silver Lake, Thoma Bravo for about $4.5 Billion, Sees Potential of SolarWinds
SolarWinds, a leading provider of powerful and affordable IT management software, announced in a press release that it will be acquired by Silver Lake Partners and Thoma Bravo, LLC, for approximately $4.5 billion in cash. The two companies, which will take SolarWinds private, see the potential for the company to extend and grow.
Shortage of LEGO During Christmas Time will Affect Europe, Company's Manufacturer Unable to Keep Up with Demand
The LEGO Group has announced that it will be having a shortage of supplies of LEGO for the holiday season in some countries, according to a report from USA Today. The company has been doing so unexpectedly well that its manufacturers will be unable to keep up with demand come December.
Fresh & Easy Begins Closing Down its Operations, Still Looking for Buyers
Fresh & Easy, a struggling grocery chain, is beginning the process of winding down its business operations, according to a report from The Orange County Register. The company though, is still looking for buyers to sell part or all of its locations and operations.
Mcdonald's Testing Sales of Monster Energy Drink, Looking for Boost in Sales
McDonald’s Corp. is testing the sales of Monster Beverage Corp’s energy drinks in about 20 U.S. branches, according to a report from The Wall Street Journal. The fast food restaurant chain is looking for a boost to reverse its sales slump.
EOS USA Opens Call Center in Somerset, Kentucky, Creates 150 Jobs
EOS USA, a provider of customer care and receivables management services, has opened a new flagship customer-service call center at Somerset, Kentucky, according to a report from The Lane Report. The new call center office provides the Pulaski County with 150 jobs.
Most Read
