Franchise News
United Continental to Stop its Outsourcing of Airport Jobs, Addresses Employee's Concerns with Regards to Job Security
U.S. Government Rejected Antitrust Proposal from Electrolux and GE, Will Challenge Merger in Court
EPA May Ban the Use of Common Pesticides on Fruits and Vegetables, Public Comments on the Proposal are Welcome with the Final Rule to Come Out on December 2016
The Environmental Protection Agency (EPA) may ban the use of a common pesticide on citrus fruits, almonds and other crops, according to a report from WIVB News. The agency is welcoming public comments on the proposal for at least two months before it come out with a final rule on December 2016.
Latest News
Thrift Store Caught Making Money Selling Donated Clothes, Will Pay $700K as Part of Settlement
The office of New York Attorney General Eric Shneiderman announced in a press release that it has reached $700,000 settlement agreement with Thrift Land USA of Yonkers, Inc. Thrift Land, a for-profit company, was caught making a lot of money from selling clothes that were supposedly donated for charity.
Pfizer and Allergan in Merger Talks, Could be One of the Largest Deals in Industry's History
Pfizer, Inc. and Allergan PLC are in talks about a possible merger of the two companies, people familiar with the matter told The Wall Street Journal. The deal, if it pushes through, would be one of the largest deals in the history of the healthcare industry.
Barclays Officially Appoints Jes Staley as Group CEO, Will Pay Him up to $12.6 Million a Year
Barclays PLC and Barclays Bank PLC have announced in a press release that it has appointed James E. Staley as the Group CEO of the company, effective December 1, 2015. Staley will be receiving a pay of up to £8.24 million, or $12.6 million a year.
Baxter Appoints Jose Almeida as Chairman and CEO, Will Succeed Robert Parkinson, Jr.
Baxter International has announced in a press release that it has appointed Jose Almeida as its new chairman and CEO effective on January 1, 2016. He will be succeeding Robert L. Parkinson, Jr. who will retire from his role also on January 1, 2016.
U.S. Bans Putting E-Cigarettes in Checked-in Luggage, Use and Charging of it on Planes, Avoid Safety Risks
The U.S. Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA) has issued an interim final rule that prohibits passengers and crewmembers from putting battery-powered portable electronic smoking devices in their checked-in luggage, according to a Transportation Department press release. The PHMSA has also prohibited the use and charging of the e-cigarette while on board the plane, to avoid safety risks.
IBM Close to Acquiring Digital, Data Assets of Weather Co., Deal Would be Valued at More Than $2 Billion
International Business Machines Corp. (IBM) is close to acquiring Weather Co.’s digital and data assets, people familiar with the matter told The Wall Street Journal. One of the people said that the deal would be valued at more than $2 billion.
Amazon Facing Class-Action Lawsuit from Ex-Delivery Drivers, Dispute over Contract Classification
Amazon.com. Inc. is facing a class-action lawsuit against the ex-delivery drivers of its Amazon Prime Now service, according to a press release issued by Leonard Carder LLP and published in PR Newswire. The lawsuit alleges that Amazon.com has wrongfully paid its delivery drivers as independent contractors even though they are treated as employees.
Fiat Chrysler Recalls 180,000 SUVs and Pickups, Faulty Rear Axle and Risk of Fire are Cited as Reasons for Recall
Fiat Chrysler Automobiles NV is recalling about 180,000 SUVs and pickup trucks in two separate recalls, according to a report from The Detroit News. The recalls are due to a risk of fire for the SUVs and potentially faulty rear axle for the pickup trucks.
U.S. Air Force Picks Northrop Grumman for Long Range Strike Bomber Contract, Tops Lockheed-Boeing for $80 Billion Contract
The U.S. Air Force (USAF) has given Northrop Grumman Corporation the contract to deliver the nation’s new Long-Range Strike Bomber, according to a press release issued by Northrop Grumman. The company has beaten out a team of Lockheed Martin and Boeing for the $80 billion contract.
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