Franchise News
Online Hackers Steal Up To $1 Billion From Banks Around The World
Computer hackers have stolen up to $1 billion from approximately 100 banks in 30 different countries, Russian security company Kaspersky Lab reports, according to the New York Daily News.
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Expedia To Purchase Orbitz For $1.33 Billion Amidst Anti-Trust Concerns
Expedia Inc., one of three of the largest online travel companies, announced on Thursday that it will purchase rival Orbitz Worldwide Inc. for approximately $1.33 billion, Reuters reports.
Volkswagen, PG&E Finance Electric Vehicle Infrastructure Projects In The United States
California-based Pacific Gas & Electric Co. (PG&E) and Volkswagen of America have both announced plans to develop electric vehicle infrastructure projects in the United States.
Yelp Endeavors Into Food Delivery Business By Purchasing Eat24 Mobile Application
Yelp has purchased the food delivery mobile application Eat24 for $134 million, initiating its venture into the ordering business, currently dominated by groups like Delivery and GrubHub.
Halliburton Announces Plans To Cut Eight Percent Of Global Workforce
Halliburton Co. has announced that it is planning on cutting up to eight percent of its global workforce, affecting as many as 6,400 workers.
Coca-Cola's Sales In North America Are Rising, Shifting The Company's Focus Toward A Domestic Market
Sales for Coca-Cola Co. in North America rose two percent in the fourth quarter of financial year 2014, marking the company's largest domestic gain in two years, Bloomberg Business reports.
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.
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