Franchise News
Chipotle Net Income Increases 27 Percent To $140.2 Million: Second-Quarter Report
Chipotle, one of the fastest-growing restaurant chains in the United States, is continuing to maximize profits amidst global expansion.
Latest News
Xiaomi Releases Mi Headphones In India Amidst Revenue Slowdown
China-based Xiaomi has released Mi Headphones and Mi In-Ear Headphones in India, First Post reports.
JP Morgan Chase to Pay $388 million in Mortgage Securities Case
JPMorgan Chase & Co will pay $388 million in exchange for settling a lawsuit by investors who claimed they were misled by the bank on the soundness of purchasing $10 billion worth of residential mortgage-backed securities it sold before the financial crisis.
Over 100 American Apparel Employees Protest Job Cuts At Company Headquarters
Over 100 American Apparel employees have protested new company plans to cut jobs and shut down stores that are not meeting sales requirements. The workers have assembled outside the retail chain's headquarters in downtown Los Angeles, Biz Journals reports.
BlackBerry Ltd Names Carl Wiese As Head Of Global Sales Amidst Weaker-Than-Expected Sales Growth
BlackBerry Ltd officials have selected Carl Wiese as the company's new head of global sales amidst weaker-than-expected sales growth.
Starbucks Chairman and CEO Howard Schultz And Wife Promise $30 Million For Youth Workforce Initiative
Starbucks Chairman and Chief Executive Officer Howard Schultz and his wife Sheri are promising $30 million for a new youth workforce initiative aimed at hiring over 100,000 young people over the next three years.
Walmart Shares Increase As Online Discount Sale On Over 2,000 Items Begins
Walmart shares have increased following the announcement of an online discount sale taking place this Wednesday.
Albertsons Supermarket Chain Sets $100 Million Nominal Fund Raising Target For IPO
Albertsons, the second-largest supermarket chain in the United States, has set a $100 million nominal fund raising target for its initial public offering.
JPMorgan Chase & Co. To Pay $50 Million In Consumer Refunds After Reforming Credit Card Collection Practices
JPMorgan Chase & Co. is expected to pay a minimum of $50 million in consumer refunds following an investigation of its fraudulent credit card debt collection practices, Reuters reports.
Google's Waze Launches Carpool App In Israel For Work Commuters
Israel-based online mapping company Waze has launched a new carpooling service application, primarily focused on users commuting to and from work.