Franchise News
How the son of a McDonald's manager made a franchise company that makes $1 billion in revenue
How the son of a McDonald's manager made a franchise company that makes $1 billion in revenue How the son of a McDonald's manager made a franchise company that makes $1 billion in revenue Anytime Fitness has been called the fastest-growing franchise business ever, zooming to 3,500 clubs by the end of 2016 including 1,000 international locations, all in 14 years.
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Los Angeles Welcomes Largest Container Ship Ever To Dock In U.S. Port
The CMA CGM Benjamin Franklin, the largest container ship, has arrived at the Port of Los Angeles on Saturday, according to a report from Top News.
Apple Pay Seeking Growth In Asia And Europe, To Enter Markets Comfortable With Mobile Payment Following Slow U.S. Adoption
Apple, Inc. is looking to achieve growth of its Apple Pay in the Asian and European markets in 2016, according to a report from Bloomberg. The company will be entering markets that are more comfortable with the so-called contactless payments following the sluggish start it experienced in the U.S.
China's Anti-Graft Investigators Investigate Chairman Of China Telecom, Country Cracking Down On Corruption
The Central Commission for Discipline Inspection, the Communist Party’s anti-graft body, is targeting Chang Xiaobing, the chairman of China Telecom Corp., for investigation, according to a report from Bloomberg.
Judge Orders Amaya To Pay $870 Million To Kentucky For Violating Law, Amaya To Appeal Ruling
Franklin Circuit Judge Thomas Wingate has ordered Amaya Inc., the parent company of PokerStars.com, to pay Kentucky $870 million for “calculating that breaking the law was good for business,” according to a report from The Washington Times. Amaya will be appealing the ruling and will avail itself of any and all remedies available to it.
McDonalds Testing Mac And Cheese In Ohio, Looking to Boost Sales
McDonald’s is experimenting with roll-out of mac and cheese in Cleveland, Ohio, available for a limited time, according to a report from Brand Eating. The new menu item is available either a-la-cart or as a Happy Meal entrée in Cleveland.
AB InBev Acquires Breckenridge Brewery, Enhances The High End Business Unit
Anheuser-Busch InBev (AB InBev) has announced in a press release that it would be acquiring the Colorado-based Breckenridge Brewery. The acquisition enhances AB InBev’s The High End business unit of craft and import brands.
Hyatt Hotel Notifies Customers Of Malware On Computer, Launches Investigation
Hyatt Hotels Corporation has announced in a press release that it recently identified malware on computers that operate the payment processing systems for locations managed by Hyatt. The company has launched an investigation and engaged with a leading third-party cyber security experts as soon as they discovered the activity.
Pep Boys In New Deal With Bridgestone, New Offer Amounts To About $947 Million
Bridgestone Americas, Inc. has announced in a press release that Bridgestone Retail Operations LLC, a wholly owned subsidiary of Bridgestone, has amended their Agreement and Plan of Merger dated October 26, 2015 with Pep Boys - Manny, Moe & Jack. Bridgestone will be acquiring all the outstanding common stock of Pep Boys for $17, or approximately $947 million, up from the previous offer of $15.50.
Guotai Junan's Chairman Returns, Assisted In Certain Investigations By China
Guotai Junan International Holdings Limited has announced in a filing to the Hong Kong Stock Exchange that Yim Fung, the chairman and CEO of Guotai Junan, will be resuming his duties with the company, effective December 23, 2015.
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