Franchise News
GE Postpones Decision Regarding Transfer Of Headquarters, Will Announce Decision In January
BioMarin Says FDA Will Delay Decision On New Drug Application, Action Anticipated In Early January 2016
BioMarin Pharmaceuticals Inc. has announced in a press release that the U.S. Food and Drug Administration (FDA) will be delaying its decision on the company’s new drug application.
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USW Reaches Tentative Agreement With U.S. Steel, Contract Awaiting Ratification From Members
The United Steelworkers (USW) has announced in a press release that the union’s bargaining committee has reached a tentative agreement on a new contract with U.S. Steel Corporation that will cover 18,000 workers at more than a dozen facilities.
Amazon Looking To Launch Air Delivery Business To Avoid Delays From Carriers
Amazon.com, Inc. is looking to launch its own air delivery service, as the company is negotiating to lease 20 Boeing 767 jets, cargo industry executives told The Seattle Times.
Isis Pharmaceuticals Changes Name To Ionis To Avoid Association With Jihadist Militant Group
Isis Pharmaceuticals, Inc., the leading company in RNA-targeted drug discovery and development, has announced in a press release that has changed its name to Ionis Pharmaceuticals, Inc. for obvious reasons.
GSK To Acquire HIV Assets Of Bristol-Myers Squibb, Compelement ViiV Healthcare's Existing Portfolio
GlaxoSmithKline plc (GSK) has announced in a press release that it will be acquiring Bristol-Myers Squibb’s late-stage HIV R&D assets and its portfolio of preclinical and discovery stage HIV research assets. The HIV assets complement GSK’s global HIV business ViiV Healthcare’s existing portfolio.
GM Financial To Build Operations Facility in San Antonio: Could Create Nearly 500 Local Jobs
General Motors (GM) Financial Company, Inc., the financial arm of GM Company, has announced in a press release this week that it will be building a financial servicing center in San Antonio, Texas.
Donald Washkewicz Retires As Chairman Of The Board Of Parker Hannifin, The Company's CEO Thomas Williams Will Replace Washkewicz
Parker Hannifin Corporation, the global leader in motion and control technologies, has announced in a press release published GlobeNewswire that Donald E. Washkewicz will be retiring as chairman of the board of directors, effective December 31, 2015. Washkewicz, who began his career as an engineer in 1972 in the Hose Products Division, has dedicatedly serve Parker Hannifin for 43 years.
LifeLock To Settle FTC Charges Of Violating 2010 Order, Will Pay Consumers $100 Million
The Federal Trade Commission (FTC) has said in a press release that LifeLock, Inc. will settle the contempt charges that the FTC has filed against them alleging that they violated the terms of a 2010 federal court order. The company agreed to pay $100 million to settle the charges.
Lee Enterprises Announces Leadership Changes, Part of Planned Leadership Transition
Lee Enterprises, Inc., a leading digital and print provider of local news, information and advertising in 50 markets, has announced in a press release changes in its leadership. Mary E. Junck, the current chairman, president and CEO of Lee Enterprises, will step down as president and CEO and become the executive chairman of the company. Replacing Junck as the new president and CEO of the company is Kevin D. Mowbray, the current executive vice president and COO.
Gillete Files Lawsuit Against Dollar Shave Club, Sells Patented Razors
The Gillette Company, a wholly-owned subsidiary of the Proctor & Gamble Company (P&G), has filed a lawsuit against the Dollar Shave Club, a marketer and retailer of shaving products, according to a press release issued by the Gillette. The lawsuit, which was filed in the District of Delaware, cites the unauthorized use of patented technology that is intended to protect Gillette’s significant investment in razor technology.
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