Franchise News
Walmart President And CEO Greg Foran Announces New Measures To Reduce Commodity Prices
Proposed FedEx Takeover Of TNT Express Valued At $4.8 Billion
FedEx is proposing a takeover of TNT Express, an international courier delivery service based in the Netherlands, in a deal worth $4.8 billion, the Wall Street Journal reports.
Latest News
Amazon's New Home Services Marketplace Includes Painting, Plumbing And Electrical Work
Amazon launched its Home Services marketplace program on Monday, which allows customers to hire experts for painting, plumbing and electrical work, among other domestic tasks.
Moody's Warns Investors Of Atlantic City Debt Defaults After Standard & Poors Downgrade
Moody's Investors Service warned business leaders on Thursday of possible debt defaults in Atlantic City, a city which has recently struggled with decline in tourism and the resort hotel industry.
Lululemon Athletica Sales Increase By 16 Percent Despite Shipping Delays And Inclement Weather
Lululemon Athletica announced its holiday quarter results on Thursday, mentioning that sales increased by 16 percent, despite shipping delays and inclement weather which are both said to have contributed to previous unfavorable sales.
Carlyle Group Chief Executive Officer David Rubenstein Forecasts Increased Foreign Investment In United States
Carlyle Group Chief Executive Officer David Rubenstein revealed during the recent SelectUSA summit that the United States should expect to attract more foreign investment moving forward, despite the strong U.S. dollar deterring many from doing so.
Adidas Investors Probe Chief Executive Officer's Performance As Shares Continue To Drop
Adidas investors are beginning to question the performance of Chief Executive Officer Herbert Hainer as the company continues to receive unfavorable financial results.
China National Chemical Corporation's Pirelli Takeover Is Expected To Double Tire Company's Business
China National Chemical Corporation subsidiary China National Tire and Rubber Company (CNTR) is purchasing Italian tire producer Pirelli following acquisition talks for the stake of Camfin. Camfin is currently Pirelli's largest shareholder.
Volkswagen Execs Announce Plans To Lay Off At Least 150 Workers At Russian Plant
Volkswagen executives have announced that they will lay off at least 150 workers at its car factory location in Russia.
Target Data Breach Victims Expected To Receive Minimal Settlement Options
Victims of Target's recent data breach are expected to receive minimal settlement options: only a few of those affected are likely to get anything, with even fewer getting the maximum $10,000 that they are eligible to receive as part of a $10 million settlement, USA Today reports.
Europe's Ryanair Airline Plans To Launch $15 Transatlantic Flights By 2020
Ryanair, the Ireland-based low-cost airline operating throughout Europe, is planning to launch cheap transatlantic flights by the year 2020, CNN reports.
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