Franchise News
DISH Announces Leadership Changes, Fulfills Company's Strategic Goals, Aligns Business
UBM Reportedly Hoping To Sell PR Newswire to Cision for $841 Million As Part Of 'Events First' Strategy
UBM plc, one of the world’s leading B2B events organizers, has announced in a press release that it will be selling PR Newswire to Cision, a business controlled by GTCR Canyon Holdings, for $841 million.
Latest News
Hilcorp Pays Employees $100K Bonus For Reaching Company Targets
Hilcorp Energy Company is giving all of its employees, whatever the position, $100,000 bonus this year, according to a report from KTVU.
Elon Musk Launches OpenAI To Investigate Artificial Intelligence Without The Need To Turn A Profit
Elon Musk, together with other tech bigwigs, Sam Altman, Peter Thiel, Reid Hoffman, and Jessica Livingston have contributed $1 billion in funding to OpenAI, a research company, according to an introductory blog post.
Hilcorp Files Development Plan For Liberty Project, Looks to Build Island To Extract Arctic Offshore Oil
Hilcorp Alaska, LLC has announced in a press release that it has filed a Development and Production Plan with the U.S. Bureau of Ocean Energy Management (BOEM) for the Liberty Project.
Sunrun Opens Corporate Office in Denver, Pledges To Hire Up To 800 Workers In The Next Few Years
Sunrun Inc., the largest dedicated residential solar company in the U.S. has announced in a press release that it will be opening a new corporate office in Denver, Colorado.
Kitson Closes All Stores, Boutique Has Been Struggling Since 2013
Kitson, an upmarket department store chain, is preparing to close all of its 17 retail locations as well as its online shop, Shokitson.com, according to a report from the Los Angeles Times. The boutique chain, known as the shop being frequented by the likes of Paris Hilton and Lindsay Lohan, has been struggling since 2013 as it over-expanded, at times opening in areas with high rents.
Several Airlines Ban Hoverboards, Concerns About Fire Safety Cited
Several airlines, including British Airways, are starting to ban the carriage of hoverboards, the gliding vehicles which have become an international craze in recent months, according to the Wall Street Journal.
Ford to Invest $4.5 Billion in Electric Vehicles by 2020
Ford Motor Company has announced in a press release that it will be investing an additional $4.5 billion in electrified vehicles solutions by 2020.
AIG Announces Changes in Leadership Team, Looking to Execute Strategic Priorities and Provide Value
American International Group, Inc. (AIG) has announced in a press release the formation of a new executive leadership team. The changes in the leadership team are designed to help execute the company’s strategic priorities and provide value to its clients around the world.
Ford Tests Ride-Hailing Service, Looks To Decongest Traffic And Make Public Transit More Accessible
Ford Motor Company has announced in a press release that it is piloting the Dynamic Shuttle service, an on-demand ride sharing service, for its employees to use around its Dearborn, Michigan campus.