Franchise News
Apple's New Command Center In Arizona Promises $2 Billion Investment Over Next 30 Years
Staples Will Purchase Office Depot For An Equity Value Of Approximately $6.3 Billion
Staples Inc. will purchase Office Depot Inc. for an equity value of approximately $6.3 billion ($11 per share), reducing the country's office supply industry to a single major chain.
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Shell Announces Plans To Make ‘Enormous’ Spending Cuts
Royal Dutch Shell has announced that it plans on slashing spending by scaling back its planned capital investment by $15 billion over the next three years, CNN reports.
Facebook Executives Announce E-Commerce Market And Mobile Strategies Prospects
Facebook executives recently revealed plans to boost the company's e-commerce market and mobile strategies partnerships, with an emphasis on increasing value for businesses on both regional and global levels.
McDonald’s President And CEO Don Thompson Steps Down Amid Financial Woes
McDonald's announced on Wednesday that Don Thompson will step down as president and chief executive officer of the company and will be replaced by Steve Easterbrook, the franchise's current chief brand officer.
IBM Dispels Rumors Of Mass Layoffs Affecting 26 Percent Of Workforce
IBM dispelled rumors on Monday mentioning that the technology company is preparing for a mass layoff affecting 26 percent of its workforce.
Uber Announces Increased Fares And Wait Times In New York City Throughout Snowstorm
Uber has announced that commuters should expect increased fares and wait times in New York City as the ongoing winter snowstorm persists along the East Coast of the United States.
Online Storage Company Box Inc. Begins Trading On New York Stock Exchange
The online file sharing star-up company Box begins trading on the New York Stock Exchange on Friday, with shares priced at $14.
Automakers Put More Effort into Creating ‘Car of the Future’; Google's Fully Functional, Flawless Car Set to Unveil in 2020
Many consumers believe that in today's time and age, the future of automobiles involves features that make it autonomous or self-driving. It is because of this that more and more car manufacturing companies are putting more effort into creating a product that deserves to be called "the car of the future."
It's Finally Happening: Amazon Aims To Compete With Netflix in Producing Original Movies; Theater Owners Against Amazon?
After conquering the small screen, Amazon is going to venture on the big screen. The tech giant announced the big news on Monday and is already planning to produce at least a dozen original feature films this year. While Amazon hopes to release the film on theaters in the U.S., they are also planning on making the movies available online, after a month or two of its release in theaters.
Google Forms Team Of Auto-Suppliers To Create Self-Driving Car
Google forms a team of automakers to create a self-driving car to be released by 2020. Google announced on Wednesday that the company has formed a team of traditional and nontraditional auto-suppliers to assemble a self-driving car that will hit the market by 2020.
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