Franchise News
Auctioneering Giant Sotheby's Appoints Madison Square Garden's Tad Smith For Chief Executive Seat Amidst Earnings Drop
McDonald's Considers Adding Kale To Menu Options As Sales And Popularity Continues To Dwindle
Crowdfunding Platform Patreon Purchases Video Subscription Service Subbable In Deal Expected To Raise Over $25 Million In 2015
San Francisco-based crowdfunding platform Patreon has purchased video subscription service company Subbable, a deal which is expected to raise over $25 million this year alone, Forbes reports.
Latest News
Saudi Arabia’s Prince Alwaleed Bin Talal Wants To Invest In Snapchat
Saudi Arabian Prince Alwaleed Bin Talal recently met with Snapchat co-founder Evan Spiegel to discuss "future potential business cooperation," The Telegraph reports.
New McDonald's CEO Steve Easterbrook Confronts Worse-Than-Expected February Sales
McDonald's Chief Executive Officer Steve Easterbrook, who recently began his role with the company, is confronting worse-than-expected sales for the month of February.
General Motors Ends Proxy Dispute With Activist Investors, Agrees To Buy Back $5 Billion Worth Of Its Stock
General Motors officials have decided to buy back $5 billion worth of its own stock, CBS reports, putting an end to an ongoing feud with activist shareholders.
Shares Of Costco Are Up 32 Percent Following Tax Benefit Program's Special Cash Dividend
Shares of Costco have increased by 32 percent, the company announced in a second-quarter report on Thursday, Forbes reports.
Low Fuel Costs Help Boost Supermarket Operator Kroger's Quarterly Profit By 23 Percent
The largest United States supermarket retailer Kroger Co. has reported a 23 percent rise in quarterly profit, which is partly attributed to low fuel costs, Reuters reports.
Caesars Entertainment Losses $1.01 Billion In Fourth Quarter
Caesars Entertainment Corp. reported losses of over $1 billion during the fourth quarter of fiscal year 2014, the Associated Press reports, mentioning that Caesars Palace casino in Las Vegas did not fare well during the same period.
Cardinal Health Purchases Johnson & Johnson's Heart Products Industry For $1.94 Billion
Cardinal Health is purchasing Johnson & Johnson's Cordis, a medical device business specializing in heart products, for approximately $1.94 billion.
Retailer Costco Switches Partnership With American Express For Visa And Citigroup
Costco, the second largest retailer in the United States, has announced that it has ended its 16-year deal with American Express for credit card transactions and will work with Visa and Citigroup.
PayPal Purchases Mobile Payment Software Company Paydiant
PayPal purchased mobile payment software company Paydiant on Monday in a deal worth $300 million. PayPal purchased mobile payment software company Paydiant on Monday in a deal worth $300 million.
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