Franchise News
Roche Acquires GeneWEAVE for about $425 Million, Enhances its Role in Microbiology Diagnostics
Coca-Cola Appoints James Quincy President and COO, Will be In Charge of the Company's Operating Units Worldwide
HTC Announces Business Realingment to Achieve Profitable Growth
HTC Corporation has announced a plan to realign its business that will enable it to position itself for a significant profitable growth, according to a press release issued by HTC.
Latest News
Uzbekistan Airways to Conduct Preflight Weighing of Passengers, Ensuring Flight Safety
Uzbekistan Airways has just announced that they will now be conducting weighing of passengers prior to boarding the flight, according to a press release issued by Uzbekistan Airways.
Pinterest Now Offers 2.5 Million Products Available For Purchase With Buyable Pins
Pinterest, which launched its newest Buyable Pins feature last June, now offers 2.5 million products that are available for purchase through the site.
Federal Regulators Citizens Bank to Pay $34.5 Million in Fines and Refunds for Shortchanging Consumers, Businesses
Federal regulators have ordered Citizens Bank to pay about $34.5 million in fines and refunds for failing to credit the full amount of deposits made, according to a press release issued by the Consumer Financial Protection Bureau (CFPB).
Fidelity National Acquires SunGard, Broadens its Range of Enterprise Banking and Capital Markets Capabilities
Fidelity National Information Services, Inc. (FIS) has just announced that it has signed a “definitive agreement” to acquire SunGard Data Systems, Inc., one of the world’s leading financial software companies, for $9.1 billion, according to a press release issued by FIS.
NBCUniversal Invests $200 Million in Vox Media, to Better Connect with Younger Audiences
Comcast Corporation’s NBCUniversal, one of the world’s leading media and entertainment companies, has just announced a $200 million equity investment in Vox Media, according to a press release issued by NBCUniversal.
Macy's Sales Fall Short of Expectations, Announces Entry Into China
Macy's Inc did not meet sales expectations as the stronger dollar dampened foreign tourist spending in its stores while strikes in the West Coast ports and the removal of a sales event further affected performance, reports said.
Kraft Heinz to Axe 2,500 Jobs in Cost Cutting Efforts to Save $1.5 Billion by 2017
Food giant Kraft Heinz Co said on Tuesday that it will axe 2,500 positions in the United States and Canada as the company begins an integration that will allow it to save $1.5 billion until 2017.
American Apparel Funding Woes Continue, Warns Investors Possible Losses
American Apparel Inc warned on Tuesday that shareholders may lose their investment in the company if it cannot raise capital soon as its remaining funds are insufficient to run the business for another year.
US Authorities Go After Hackers and Traders Who Made $100 Million from Stolen Press Releases
A group of U.S. of equity traders and hackers in Ukraine earned $100 million in profits over five years after getting insider information from undispatched corporate press releases and using those to guide them.
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