Franchise News
Whole Foods to Reduce about 1,500 Jobs, Part of Commitment to Lower Prices, Invest in Technology Upgrades
Exelon, Pepco Asked Regulators to Reconsider Merger, Working with District of Columbia Government to Reach Settlement
Exelon Corporation and Pepco Holdings, Inc. have filed a request for the Public Service Commission (PSC) of the District of Columbia to reconsider their merger, according to a press release issued by Exelon. Both companies are working with the District of Columbia government to reach a settlement agreement.
Latest News
Mortgage Rates Decline Following Fed's Decision to Keep Interest Rates Lower, Boost Application for New Loans
The Primary Mortgage Market Survey of Freddie Mac has shown that the average fixed mortgage rates have declined following the decision of the U.S. Federal Reserve to keep, according to the press release issued by Freddie Mac.
U.S. GDP Increased by 3.9% During Second Quarter due to Consumer Spending, Construction, Backs Case for Raising Interest Rates this Year
The Bureau of Economic Analysis announced in a press release that the U.S.’s real domestic gross product (GDP), the value of the goods and services produced by the nation’s economy less the value of the goods and services used up in production, adjusted for price changes, have increased by 3.9 percent in the second quarter.
Boeing, U.S. Air Force Complete First Test of KC-46A Tanker, To Pave Way for Aerial Refueling, Milestone C Testing
The Boeing Co. and the U.S. Air Force (USAF) have successfully completed the first flight of the KC-46A Tanker aircraft, according to a press release issued by Boeing.
Possible Card Breach at Hilton Hotels, Company Investigating The Claims
A possible card breach may have occurred at several gift shops and restaurants at a large number of hotels and franchises owned by Hilton Worldwide Holdings, multiple sources in the banking industry have told Brian Krebs, a cyber-security blogger.
Regulators Shut Down Health Republic, Company likely to become Financially Insolvent
The New York State Department of Financial Services (NYDFS), the Centers for Medicare and Medicaid Services (CMS), and the New York State of Health (NYSOH) health plan marketplace have announced in a press release issued by the NYDFS that they are directing the Health Republic Insurance of New York co-op to cease writing new health insurance policies and to wind down after the expiration of its existing policies.
Sanderson Farms Recalls More than 550,000 Pounds of Chicken, Contains Foreign Material
Sanderson Farms, Inc. is voluntarily recalling approximately 551,090 pounds of chicken products that is produced in its plant in Hazlehurst, Mississippi, according to their own press release.
EU Begins In-Depth Investigation Regarding Staples Takeover of Office Depot, Staples to Work Closely with EU
The European Commission has announced in a press release that they had begun the in-depth investigation of Staples, Inc.’s acquisition of Office Depot under the EU Merger Regulation.
Blackberry Confirms New Android-Powered Smartphone, Also Anticipates Modest Growth in Revenue for Remaining Fiscal 2016
Blackberry Limited, a global leader in mobile communications, has confirmed in a press release that the company will be launching an Android device called Priv.
Volkswagen Appoints New CEO, Will Tackle the Emission Crisis Plaguing the Company
Volkswagen AG has appointed Matthias Mueller, the chairman of the board of Porsche AG, as the new CEO of the company following the resignation of Martin Winterkorn last Wednesday, according to a press release issued by Volkswagen.
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