Franchise News
Volkswagen, PG&E Finance Electric Vehicle Infrastructure Projects In The United States
CBS Reports Highest Fourth-Quarter Revenue
CBS announced on Thursday that it earned 79 cents per share on $3.68 billion revenue, making it the highest fourth-quarter revenue and diluted earnings per share in the company's history, according to the Hollywood Reporter.
Latest News
McDonald's Reports Worldwide Sales Drop For January
McDonald's reported on Monday that its worldwide sales have dropped for the month of January, mentioning that transactions at locations open at least 13 months fell 1.8 percent, Fortune reports.
Qualcomm To Pay $975 Million For Violating Anti-Monopoly Laws In China
Qualcomm announced on Monday that it will pay $795 million for violating one of China's anti-monopoly laws, adding that it will begin offering discounts for for third-and fourth-generation communications systems in the country, the New York Times reports.
Michael Kors Expects Lower Profits For Current Quarter As Same-Store Sales Drop
New York City-based luxury accessories retailer Michael Kors has announced that it expects lower profits for the current financial quarter than originally expected, given a recent drop in same-store sales across North America.
Anthem Health Insurance Security Breach Affects Millions Of Customers
Managed healthcare company Anthem has announced that hackers have attacked the company's computer system, compromising the personal information of millions of customers around the country.
RadioShack Slated For Bankruptcy Following New York Stock Exchange Suspension
RadioShack is said to be heading for possible bankruptcy following its recent suspension from the New York Stock Exchange.
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.
Exxon Mobil Stocks Expected To Decrease In 2015
Exxon Mobil's stocks are expected to decrease for financial year 2015, CNBC analyst Jim Cramer revealed during a recent interview featured on the channel's "Squawk On The Street" program.
Apple's New Command Center In Arizona Promises $2 Billion Investment Over Next 30 Years
Apple has announced that it will construct a global operations command center based in Mesa, Ariz. that promises a $2 billion investment over the course of 30 years, USA Today reports.
Gap Removes Creative Director Role In E-Commerce And Marketing Restructuring
Gap Inc. has removed its chief marketing officer positions for the Gap and Banana Republic brands, Bidness ETC reports.
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