Franchise News
Target Closes 133 Store Locations In Canada After Losing Over $2 Billion In Expansion Plans
Ten Media Corporations Form Coalition To Test Drones For News Gathering
Ten United States-based media organizations announced on Thursday that they will form a coalition aimed at testing drones for news gathering in a partnership with Virginia Tech University.
Latest News
Chipotle Mexican Grill Shares Fall Following Announcement To Stop Serving Pork
Chipotle Mexican Grill announced earlier this week that it would stop purchases from a pork producer accused of violating animal welfare regulations and has since suspended the sale of pork-based products.
Bank Of America And Citigroup Likely To Face Breakup Probe After Earnings Report
Bank of America and Citigroup are likely to face questions about whether they would be better off if they were to both split into smaller pieces.
Twitter's Profitable New Marketing Strategy Targets Nonusers
In the recent Consumer Electronics Show, Twitter presented a new marketing strategy that will target audience outside its registered user database.
Honda To Pay $70 Million For Failing To Report Deaths; Largest Penalty Imposed By NHTSA
Honda is fined $70 million for failing to report claims of death and injuries related to its vehicles.
Dunkin' Donuts Pushes Aggressive Expansion In China
Dunkin' Donuts announced plans to open 1,400 stores in China for the next two decades. Dunkin' Donuts announced Thursday its massive expansion plans in China, with 1,4000 stores slated to open for the next two decades.
Red Mango Founder To Step Down As Chief Concept Officer; Remains As Advisor
Red Mango founder and chief concept officer stepped down to start his own consultancy company. Red Mango, Inc. founder Dan Kim will be stepping from his position chief concept officer but will stay with the company for advisory roles.
RadioShack Receives $500 Million Debtor-In-Possession Loan Offer
Salus Capital Partners is willing to provide financially-troubled Radio Shack with $500 million in a debtor-in-possession loan, the Wall Street Journal reports.
United Airlines Outsourcing Plans Place 2,000 Jobs At Risk
United Airlines has announced that is in the process of assessing whether to outsource approximately 2,000 jobs at airports around the United States.
Uber Announces Fare Cuts In 48 U.S. Cities, Promises Drivers Higher Earnings
Uber has announced that it will be reduce ride fares across 48 cities in the United States, the New York Times reports, promising to boost pay for drivers with the initiative.