Franchise News
Looking to Solidify its Grip On the Generic Drug Sector, Teva may Acquire Allergan's Generic Business
Thai Airways' Restructuring Plan will Reduce Flights and Cut Jobs
Thai Airways International Pcl is planning to cut 1,401 jobs and suspend its flight to Los Angeles and Rome, according to a report from Reuters.
Latest News
EU Sees no Competition Concern with Nokia's Acquisition of Alcatel-Lucent
In a press release, the European Commission has approved Nokia's acquisition of Alcatel-Lucent, seeing no competition concern.
Airbnb Close to Hiring New CFO
Bloomberg reports that according to people with knowledge of the matter, Airbnb is close to hiring Blackstone's Laurence Tosi as chief financial officer.
Oil Back in Bear Market Territory
Concerns about the glut of supply and shaky demand have once again put oil in bear market territory, according to Reuters.
Amazon Posts Surprise Quarterly Profit, Surpasses Wal-Mart in Market Value
An unexpected profit in the second quarter pushes Amazon's stock upward, overtaking Wal-Mart in market value, Reuters report.
Initial Jobless Claims in U.S. Fall to Lowest in Four Decades
Data from the U.S. Labor Department shows that jobless claims has fallen to its lowest level since 1973.
Nikkei Inc. to Acquire Financial Times Group
In a statement from Pearson's website, Japan's Nikkei has agreed to buy the Financial Times Group from Britain's Pearson.
Health Insurance Giant Anthem Reported To Announce $48 Billion Cigna Acquisition Deal Later This Week
One of the largest health insurance companies in the United States is about to get even larger. One of the largest health insurance companies in the United States is about to get even larger.
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.
Qualcomm Reduces Costs, May Split Itself Up
In a press release, Qualcomm Incorporated (NASDAQ: QCOM) has announced a Strategic Realignment Plan designed to improve execution, enhance financial performance and drive profitable growth
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