Franchise News
Fast-Food Workers in New York Get $15 Per Hour Minimum Wage
The New York Wage Board has unanimously voted to increase the minimum wage of fast-food workers to $15 an hour by the end of 2018, according to a press release from the New York State Department of Labor.
Latest News
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.
New Honda CEO to Steer Company Towards Innovation Instead of Sales to Differentiate From Rivals
The new CEO of Japanese car maker Honda Motor Co. plans to focus on improving the company's offerings before raising sales as it seeks to step outside the shadow of its more successful Japanese rivals
Dollar Tree Acquires Family Dollar Discount Chain, Forced To Sell 330 Stores
Dollar Tree officials announced on Monday that they have finalized their purchase of Family Dollar, a North Carolina-based variety store chain.
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