Franchise News
MillerCoors Acquire Majority Interest at Saint Archer, Expands Portfolio of Craft Beer
Yahoo Loses its CMO Kathy Savitt to STX Entertainment, Will Join as Presdient of STX's Digital Business
Quiksilver Files for Chapter 11 Bankruptcy for U.S. Units, Still Plans to Continue Business
Quiksilver, Inc. the surfwear maker, has filed for a Chapter 11 bankruptcy protection for its U.S. business on September 9, 2015, according to a press release issued by Quiksilver.
Latest News
GE Seeks to Sell its Asset Management Arm, Looking for a Premier Investment Management Firm
General Electric Co. (GE) has announced that it is looking to sell its GE Asset Management, the company’s asset management arm, according to a press release issued by GE.
Boeing Plans to Speed Up Production of 767 Aircraft, Accommodate 50 Orders from FedEx
Boeing Co. is planning to increase the monthly production of its 767 aircraft to 2.5 planes a month in late 2017, according to a report from The Wall Street Journal.
Keurig Partners with Campbell to Launch Fresh-Brewed Soup in K-Cup, Tries to Reverse Slump in Sales
Keurig Green Mountain, Inc. has partnered with Campbell Soup Company to launch Campbell’s Fresh-Brewed Soup, to be available in Keurig’s K-Cups, according to a press release issued by Keurig.
Debt Collectors Ordered to Pay Millions of Dollars to Consumers For Alleged Deceptive Practices
The Consumer Financial Protection Bureau (CFPB) has ordered two of the largest debt buyers and collectors in the U.S. to pay consumers millions of dollars for using deceptive tactics to collect debts, according to a press release issued by the CFPB.
XPO Logistics to Acquire Con-way for $3 Billion, Enhance XPO's Range of Supply Chain Solutions
XPO Logistics, Inc. has announced that it will be acquiring Con-way, Inc. for about $3 billion, including $290 million of net debt, according to a press release issued by XPO Logistics.
Dell to Invest $125 billion in China, Partners with Several Local Companies
Dell, Inc. will be investing $125 billion in China over the next five years, as the company continues to expand its business in the second largest economy in the world, according to a report from Bloomberg.
Sun Life to Buy Assurance Inc's Employee Benefits Business, Boosts U.S. Presence
Sun Life Financial, Inc. has announced that it will be acquiring the Employee Benefits business of Assurance, Inc. for a net investment of $975 million, according to the press release issued by Sun Life.
Lululemon Athletica Inc. Chief Executive Officer Laurent Potdevin Reassures Investors Amidst Share Plunge
Laurent Potdevin, Chief Executive Officer of yoga-inspired apparel company Lululemon Athletica Inc., has reassured investors of the company's expansion plans amidst financial woes.
Walt Disney Co. Partners With Microsoft To Launch ‘Disney Movies Anywhere’ For Xbox 360 And Windows Platforms
Walt Disney Co. and Microsoft have announced a new partnership: the companies are set to launch "Disney Movies Anywhere," an on-demand video streaming service, for the Xbox 360 and Windows platforms.
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