Franchise News
Morgan Stanley Set To Pay $2.6 Billion To Settle Federal Charges Over Mortgage Crisis
Morgan Stanley announced earlier this week that it will pay $2.6 billion to settle charges with the federal government over its role in the mortgage bubble crisis throughout 2008 into 2009.
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Profits and Shares Plunge for Scandal-Ridden HSBC
British bank HSBC reported a plunge on its profits and shares as it faces trying times amidst CEO and tax avoidance scandals.
Office Depot Expects Sales To Fall This Year As Weak Demand For Office Supplies Continue
Office Depot announced on Tuesday that it expects sales to drop this year due to a weak demand for office supplies and a stronger United States dollar, Reuters reports.
JPMorgan Cuts Up To $100 Billion In Client Excess Deposits
JPMorgan Chase & Co. will cut up to $100 billion in client excess deposits in an attempt to limit the amount of borrowed money the company relies on to prevent future economic crises.
Comcast Reports Rise In Fourth-Quarter Earnings With Increased Broadband Internet Customers
Comcast Corp. announced on Tuesday that its fourth-quarter net income rose 0.6 percent to $1.93 billion, attributing the success to increased broadband internet customers.
Dish Network Chief Executive Joe Clayton Steps Down
Dish Network announced on Monday that Chief Executive Joe Clayton will retire on March 31 and step down from his position, CNBC reports.
Target Decreases Minimum Online Order Size To Boost E-Commerce Sales
Target has decreased its minimum online order size requirement by half, down from $50 to $25, in an attempt to boost e-commerce sales and remain competitive against industry rivals Best Buy, Amazon and Wal-Mart.
Procter & Gamble Cuts Brands In Portfolio Transformation
Procter & Gamble is planning to cut several brands from its portfolio in an effort to simplify its portfolio and focus on profit-inducing brands.
New Jersey Needs to be Business Friendly: Gov. Christie
This is Republican Gov. Chris Christie's keynote message as he addressed leaders in the industry during the New Jersey Chamber of Commerce's annual congressional dinner last Thursday.
Girl Scouts Go Digital Cookie
The Girls in the brownie uniform are now going online to sell their baked goodies as well as other stuff.
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