Franchise News
Glencore Plans to Reduce Debt by about $10.2 Billion, Adapt Business to Current Commodity Landscape
China's Uber, Didi Kuaidi, Expected To Raise About $3 Billion In New Funding Deal
Didi Kuaidi, the Beijing-based mobile platform taxi-calling application that has been dubbed "China's Uber," is expected to raise about $3 billion in a new investment deal.
Latest News
Toyota to Invest about $50 Million on Artificial Intelligence Research, Partners with Stanford, MIT
Toyota Motor Corporation has announced that it will be investing $50 million over the next 5 years to accelerate the research of artificial intelligence for vehicle and mobility technologies, according to a press release issued by Toyota.
Albertsons Spokesman Brian Dowling Denounces Haggen Lawsuit Allegations As ‘Completely Without Merit’
Haggen Food & Pharmacy, a small grocery store chain based in the Pacific Northwest, is suing rival company Albertsons for more than $1 billion in damages.
Xiaomi Officials Eye Western Expansion Amidst Smartphone Market Saturation Woes In China
Xiaomi Technology Co. officials are looking to expand their business in Western markets and move beyond the Chinese market.
Hilton Announces New Policies on Parental Leave, Considered Best in Industry in U.S.,Puerto Rico
Hilton Worldwide has announced last September 3, 2015 that they will be offering new parental leave policies to their employees with one year of service or more at the company’s owned, managed hotels and corporate offices, according to a press release issued by Hilton.
William Galvin Investigates the Computer Glitch at BNY Mellon, Asks How it Affected Individual Investors
Secretary of the Commonwealth William Galvin is investigating the computer glitch at BNY Mellon Corp., which disrupted more than $400 billion worth of mutual fund and exchange-traded funds, according to a report from Reuters.
Apple is Builiding Second-Largest Campus in Austin, Transforms Austin's Technology Sector
Apple, Inc. is transforming 38 acres of wooded land in Austin, Texas into its biggest campus outside of Silicon Valley, according to a report from the Austin-American Statesman.
Emera Acquires TECO Energy for about $10.4 Billion, Becomes Energy Leader in North America
Emera, Inc. has announced that it will be acquiring TECO Energy for about $10.4 billion, including the assumption of about $3.9 billion in debt, according to a press release issued by Emera.
Blackberry to Acquire Good Technology, Expand Leadership in Secure Cross-Platform Mobility Management
BlackBerry Limited has announced in a press release that it will be acquiring Good Technology, the leader in secure mobility, for $425 million in cash.
AOL to Buy Millenial Media for $238 Million, Deepen its Pogrammatic Leadership
AOL has announced that it will be acquiring Millennial Media, Inc., the leading independent mobile ad marketplace, for about $238 million, according to a press release issued by AOL.