Franchise News
QVC Acquires Zulily, Strengthens Leadership Position in Experiential, Discovery Driven Shopping
Rambus to Sell Own Chip Brand, Introduces Server Memory Interface Chipset
Rambus, Inc. a licensing tech company, is planning to make its own brand of chipset that it will offer to the market, according to a press release issued by the company.
Latest News
New Target COO John Mulligan To Manage Stores, Properties And Supply Chain
Target Corp. Chief Executive Brian Cornell has appointed former finance chief John Mulligan as the company's new chief operating officer, the Wall Street Journal reports.
Casino Pier gets Approval to Reconstruct Portions of the Pier, Now Awaiting Approval of Land Swap
Owners of New Jersey’s Casino Pier were given a state permit to allow the reconstruction of the portion of the pier and the relocation of the Sky Ride, a spokesman for New Jersey’s Department of Environmental Protection (DEP) told the Asbury Park Press.
California Regulators Issued 19 Citations to ExxonMobil for the Torrance Refinery Explosion, Penalties Total $566,600
The State of California’s Division of Occupational Safety and Health (CAL/OSHA) has issued 19 citations to ExxonMobil Refining & Supply Company for violations following the February 18 explosion of its refinery in Torrance, according to a press release issued by the CAL/OSHA.
Chipotle is Raising the Prices of Food with Beef, Caused by Rising Beef Prices in the Market
Chipotle Mexican Grill, Inc. is raising the prices of items in its menu that uses beef, by 4 to 6 percent nationally, due to the continued rise in beef prices, according to a report from Eater.
Comcast to Offer New Video Service called Watchable, Latest Effort to Appeal to Younger Audience
Comcast Corp. is planning to introduce a video service that will feature content from Vice Media and Vox Media, a person close to Comcast told Bloomberg.
Apple to Delay Live TV Service to 2016 Due to Stalled Negotiations and Lack of Network Capacity
Apple, Inc. will be delaying its live TV service to 2016 due to several factors, people familiar with the matter told Bloomberg.
Haggen to Close Down its Grocery Stores in Various Location, Improve Business and Strengthen Competitiveness
Haggen Food & Pharmacy has announced that it will be closing or selling some of its grocer in various locations to continue improving its business and strengthen its competitive position, according to a press release issued by Haggen.
Tyson Foods to Cease Beef Operations in Denison to Better Align Overall Production with Cattle Supply
Tyson Foods, Inc. said that their subsidiary, Tyson Fresh Meats, will be ceasing its operations, effective immediately, at its plant in Denison, Iowa, to reduce its beef production capacity, according to a press release issued by Tyson Foods.
Trian Partners Acquires Stake in Sysco, Sees Stock Undervalued
Trian Partners, a hedge fund owned by activist investor Nelson Peltz, has acquired a more than 7 percent stake in Sysco Corporation for $1.6 billion, according to a report from Reuters.
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