Franchise News
Toyota to Buy Millions of Airbag Inflators from Nippon Kayaku, Reduce Risk of Potential Lethal Inflators from Takata
American Airlines to Pull Out of Israel Due to Unprofitable Flight, Philadelphia Mayor Asks the Airline to Reevaluate Decision
McDonald's Announce Second Franchising Deal in Russia Despite Slow Economy
U.S. fast food giant McDonald's Corp. announced on Friday that it has signed a deal to with a Russian franchisee to that would allow the company to establish a presence in the Siberian region.
Latest News
Glaxo is Selling its Rights to its Autoimmune Treating Drug to Novartis for $1 Billion, Divests its Remaining Rights in the Drug
GlaxoSmithKline Plc has just announced that it will be selling its rights in ofatumumab, a drug that treats autoimmune disease, including multiple sclerosis, to Novartis AG for more than $1.03 billion, according to a press release issued by Glaxo.
Stage Stores Closes 90 Locations as Part of its Strategic Evaluation, Following Disappointing Second Quarter Earnings
Stage Stores, Inc. have reported that it plans to close down approximately 90 stores that are underperforming as part of its strategic evaluation of its real estate portfolio, according to a press release issued by Stage Stores.
Gap Chairman And CEO Art Peck Announces Improved Spring 2016 Apparel Line
Gap Chairman and Chief Executive Officer Art Peck has announced plans to improve the company's apparel options, beginning with the Spring 2016 clothing line.
U.S. Safety Regulators Begin Honda Motor Co. Investigation Involving Faulty Air Bags
United States government officials have begun an investigation into Honda Motor Co. and its air bag manufacturing process following months of discussion with the automobile producer and customers.
Costco Sued, Accused of Selling Shrimp Produced from Slave Labor in Thailand
Costco Wholesale Corp. was being sued for selling shrimps that have been bought in Thailand, where human trafficking and slave labor is widespread, according to a report from Bloomberg.
Oracle Buys Maxymiser, Boosts its Oracle Marketing Cloud
The Oracle Corporation has just announced that it has signed an agreement to acquire Maxymiser, a leading provider of cloud-based software, according to Oracle’s press release that is published in Market Watch.
Coca-Cola to be More Transparent on Science and Research Investment, Shifts Focus on Well-Being
Muhtar Kent, chairman and CEO of Coca-Cola Company said, in an editorial published in The Wall Street Journal, that the company will be more transparent with its science and research investment.
The New York Daily News is No Longer For Sale, Owner Believes in the Potential of the Company
The New York Daily News is now off the market, following the announcement of the company’s Chairman and Publisher Mortimer B. Zuckerman to all of his staff in an emailed statement, according to a report from the Daily News.
Promontory to Pay $15 Million to New York Bank Reglator, Settlement for Ethics Breach
Promontory Financial Group LLC, a consulting firm, has reached an agreement with the New York Department of Financial Services regarding the firm’s consulting work for Standard Chartered Bank between 2009 and 2011, according to a press release issued by the NYDFS.
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