Franchise News
Sweden Trying Out 6-Hour Workday, Provides More Productivity, More Focus and Better Morale to Employees
Staples to Close Stores on Thanksgiving Day, Will Feature Amazing Deals Online
Staples, Inc. will be closing its stores on Thanksgiving Day while offering amazing deals on Staples.com, allowing customers to still shop at the convenience of their own homes, according to a press release issued by Staples.
Latest News
Apple Adds James Bell in its Board of Directors, Puts Diversity Program into Action
Apple Inc. will be adding James A. Bell, a former CFO and corporate president of The Boeing Company, to its board of directors, according to a press release issued by Apple. The addition of Bell puts Apple’s diversity program into action.
AMD to Cut about 5% of Total Workforce, Part of Restructuring Plan
Advanced Micro Devices, Inc. (AMD) will cut approximately 5 percent of its total global workforce as part of its restructuring plan, according to a regulatory filing by the company.
Deere Reaches Tentative Agreement with UAW, Will Present to Members for Ratification Vote
Deere & Company has announced in a press release that they reached a tentative agreement with the United Auto Workers Union (UAW) to replace the six-year master labor contract, which expired on midnight of September 30, 2015.
News Corp Completes Sale of Amplify Digital Education Business, Marks Exit from Heavily Invested Business
News Corp. has announced in a press release that it has successfully completed the sale of its Amplify Insight and Learning businesses to a management team supported by a group of private investors. The sale marks the company’s exit from its heavily invested five-year-old initiative.
PBF Energy to Acquire Torrance Refinery for $537.5 Million, Increases its Total Througput Capacity
PBF Energy Inc. has announced in a press release that it will be purchasing the Torrance refinery and its related logistics assets from ExxonMobil for $537.5 million. The acquisition increases PBF Energy’s total throughput capacity to approximately 900,000 barrels per day.
Axel Springer to Acquire Minority Stake in Thrillist Media, Part of Strategy to Broaden Global Reach
Axel Springer SE has announced in a press release its intention to acquire a minority stake in Thrillist Media Group, a leading digital media company and lifestyle destination for millennial men who are based in New York City.
Amtrak to Start Charging Fee for Excess Baggage on October 1, Helps Established Policies, Preserve Space on Crowded Trains
Amtrak has said on their website that they will be charging an extra fee for passengers who exceed their allotted carry-on bags beginning on Thursday, October 1, 2015.
Twitter Expands Availability of Buy Button, Allows Millions of Merchants to Sell Products Through Tweets
Twitter Inc. has announced in a blog post a new partnership with three e-commerce platform that will expand the availability of its Buy Now button. The new partnership allows millions of merchants to sell a product through a tweet.
Target Expands Price-Matching Policy, Match Online Prices of 29 Retailers, Marks Big Step for US Retailer
Target Corp. will be expanding its price-matching policy and match the online prices of 29 retailers, up from five, according to a report from the StarTribune. The change in policy marks a big step for the retail company.