Franchise News
Government Shutdown 2013: Lockheed Martin Cuts Back Layoffs 600 People
Defense contractor Lockheed Martin is cutting back its prior furlough employee number from 3,000 to 2,400.
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Royal Brunei Airlines Receives Boeing's New 787 Dreamliner Aircraft (PHOTO)
Royal Brunei Airlines has received its first Boeing 787 airplane Airlines and Destinations Royal Brunei Airlines has received its first Boeing 787 airplane, Airlines and Destinations reported Thursday.
Schneider Electric Surge Recall: 15 Million Protectors Pulled For Overheating and Fire Hazard (FULL LIST)
Schneider Electric is recalling 15 million of its surge protectors because they can overheat or start a fire.
Government Shutdown 2013: 5,000 United Technologies Positions In Jeopardy Stalemate Last Longer
Helicopter and jet engine supplier United Technologies could layoff 5,000 employees if the United States government is shut down for a longer period of time.
Paramount to Lay Off 110 Employees For Organizational Re-Alignment
In a move to organizationally re-align, Paramount Pictures is cutting 110 positions on its lot and slicing five percent of its 2,200 workforce internationally.
Bain Capital’s Burlington Surges After $227 Million Offering
Burlington Coat Factory posted record numbers after raising $227 million in its first initial public offering.
Hyundai Gives Loan Breaks to Idled Federal Workers
Hyundai is launching a payment deferral program to help its customers who are affected by the United States government shutdown.
New York to Sue Wells Fargo Over Mortgage Settlement
A top New York prosecutor is preparing to sue Wells Fargo over a mortgage settlement. A top New York prosecutor is preparing to sue Wells Fargo over a mortgage settlement.
Merck Axes 8,500 Extra Jobs to Cut $2.5 Billion in Costs
United States pharmaceutical giant Merck is axing 8,500 extra jobs from its workforce to cut $2.5 billion from its cost by 2015
Indigo Partners to Acquire Frontier Airlines
Frontiers Airlines will be bought by investment firm Indigo Partners in a move which could expand the ultra cost airline industry.
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