Franchise News
Ford Workers Narrowly Ratify UAW-Ford Deal, Some Workers Feel Better Deal Still Available
Airbnb Raises More Than $100 Million in Latest Round Of Funding, Showing Solid Growth to Attract Investors
Alberta, Canada Announces Climate Leadership Plan To Protect Residents' Health
The government of Alberta, Canada has announced in a press release its Climate Leadership Plan that will accelerate the transition from coal to renewable electricity sources, puts a price on carbon pollution, and sets emission limits for oil sands.
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Tyson Foods to Close Two Prepared Foods Plants, Aims to Improve Overall Performance of its Prepared Foods Business
Tyson Foods, Inc. has announced in a press release that it plans to discontinue operations at two of its prepared foods plants that will affect approximately 880 people. The meat processing company said that the closure is part of its efforts to improve the overall performance of its prepared foods business.
Conde Nast to End the Publication of Details Magazine, Part of Restructuring as the Company Evolve its Business
Condé Nast has now published the last issue of Details, a men's’ fashion and lifestyle magazine, after Bob Sauerberg, the president of the company, announced in an internal memo on Wednesday that production of the magazine will be halted, according to a report from The Huffington Post. Sauerberg said in the memo that Condé Nast is looking to “evolve the business” as the company responds to the changing behavior of its audiences.
Spotify Announced New Parental Leave Policy, One of the Most Generous in the U.S.
Katarina Berg, the chief human resource officer at Spotify has announced in a press release that the company will be introducing a new parental leave policy that is developed to support all of the company’s staff with families. The new parental leave policy is considered as one of the most generous in the U.S.
FDA Approves Genetically Engineered Salmon for Consumption, Says the Fish is "Safe to Eat"
The U.S. Food and Drug Administration (FDA) has announced in a press release that they are approving AquaBounty Technologies’ application for the AquaAdvantage Salmon, a genetically engineered Atlantic salmon that reaches market size quickly than the not genetically engineered farm-raised Atlantic salmon. The FDA said that the genetically engineered Atlantic salmon is “safe to eat.”
Pfizer Nearing Agreement to Buy Allergan for about $150 Billion, Final Agreement Remains Uncertain Following Treasury's Tigthening of Rules on Inversions
Pfizer, Inc. is already in advanced talks to acquire Allergan Plc that would value the Botox maker as high as $150 billion, people familiar with the matter told Bloomberg. The people said, though, that a final agreement could be delayed, as well as a change in the terms of the transaction due to the U.S. Treasury Department’s changes on the rules on tax inversion deals.
Starboard Tells Yahoo to Drop its Plan to Spinoff Alibaba, Sell its Core Business Instead
Starboard Value LP is urging Yahoo! Inc. to drop its plan to spin off Aabaco Holdings, Inc., which contains the company’s non-core business assets, including Yahoo’s stake in Alibaba Group, according to Starboard’s letter sent to Yahoo. The activist investor is suggesting that Yahoo should instead be looking to sell its core business.
Dunkin Donuts Tests On-The-Go Ordering and Delivery Service, Makes their Products More Accessible to Customers
Dunkin’ Donuts has announced in a press release that they will begin testing their On-The-Go Ordering and Dunkin’ Delivery at select U.S. markets. The new program will allow Dunkin’ Donuts to make their products more accessible to their customers.
Airport Workers Go On Strike at Several U.S. Hubs, Fight Against Bad Wages, Threats on Unionizing
Airport workers at seven of the busiest hubs in the U.S. went on a strike on Wednesday, November 18, 2015, and will continue until Thursday, November 19, 2015, according to a report from Reuters. The workers are fighting against what they say are bad wages and threats against unionizing.
ConAgra to Separate into 2 Independent Public Companies, However, Move Leaves Bland Taste to Investors
ConAgra Foods, Inc. has announced in a press release that it will be splitting the company into two independent public companies. The split will allow the two businesses to be more focused and operate on their respective markets and capitalize on their long-term growth opportunities.
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