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Jean-Claude Arnobit

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MillerCoors to Close Eden Brewery on September 2016, Will Displace 520 Jobs

MillerCoors has announced in a press release that effective September 2016 it will be closing down its Eden, N.C., brewery.

Solera Agrees to be Acquired by Vista Equity for $6.5 Billion Including Debt, Part of its Strategic Alternatives

Solera Holdings, Inc. announced that it has agreed to be acquired by Vista Equity Partners, a U.S.-based private equity firm, for $6.5 billion, including debt, according to a press release issued by Solara Holdings.

Stripe Launches Relay to Help Stores Publish Products, Partners with Twitter

Stripe, Inc., a payments processing company has just launched Relay, a new API that enables Stripe users to sell products across an expansive and expanding network of popular mediums, according to a blog post Stripe’s Blog.

Qualcomm Acquires Capsule, Extend Qualcomm Life's Connected Health Offerings

Qualcomm Inc. has announced that it has acquired Capsule Technologie, a leading global provider of medical device integration and clinical data management solutions with more than 1,930 hospital clients in 38 countries, according to a press release issued by Qualcomm.

Verizon, Cognizant Enter Collaboration, to Deliver Technology Solutions to Clients

Verizon Communication, Inc. and Cognizant Technology Solutions Corp. have announced that they are entering into a enterprise-focused collaboration, according to a press release issued by Cognizant.

Court Approves Interim Financing for Haggen Days after Filing for Chapter 11 Bankruptcy

The court has approved the $215 million interim financing that Haggen will be getting from its existing lenders, according to a report from the Dispatch Times.

KKR, Apollo Global Seek to Acquire GE's Inventory Finance Arm as GE Looks to Shed Banking Units

KKR & Co. and Apollo Global Management is seeking to acquire General Electric Co.’s (GE) inventory finance arm, GE Capital Commercial Distribution Finance, people familiar with the matter told Bloomberg.

Port of Los Angeles Posts Cargo Growth in August, Strongest Performance Since 2006

Containerized cargo volumes at the Port of Los Angeles has increased by 3.8 percent in August 2015 compared to the same period last year, according to a press release issued by the Port of Los Angeles.

Airbus Set to Open Production Site in U.S., Seeks Greater Market Share, Lower Costs

Airbus Group NV has announced that it is set to open its jet production site in Mobile, Alabama, according to a report from Bloomberg.

Goldman Sachs, JP Morgan, Other Big Banks Agree to $1.87 Billion Settlement, Resolve Credit-Default Swap Lawsuit

Goldman Sachs Group, Inc., JPMorgan Chase & Co., Citigroup, Inc., HSBC Holdings, Plc, and other big banks have agreed to pay $1.87 billion in settlement amount to resolve its credit-default swap lawsuit, according to a report from Bloomberg.

Quiksilver Files for Chapter 11 Bankruptcy for U.S. Units, Still Plans to Continue Business

Quiksilver, Inc. the surfwear maker, has filed for a Chapter 11 bankruptcy protection for its U.S. business on September 9, 2015, according to a press release issued by Quiksilver.

MillerCoors Acquire Majority Interest at Saint Archer, Expands Portfolio of Craft Beer

MillerCoors’ craft and import division Tenth and Blake has just acquired a majority interest in Saint Archer Brewing Company, according to a press release issued by MillerCoors.

Yahoo Loses its CMO Kathy Savitt to STX Entertainment, Will Join as Presdient of STX's Digital Business

Yahoo’s Chief Marketing Officer Kathy Savitt is resigning from her position after three years in the company, to join STX Entertainment, according to a report from The Hollywood Reporter.

BMO Financial Group Acquires GE Capital's Transportation Finance Unit, Grow Commercial Customer Base

BMO Financial Group has announced that it will be acquiring GE Capital Corporation’s Transportation Finance business in the U.S. and Canada, according to a press release issued by BMO Financial.

Express Scripts Hires Eric Slusser to be the New CFO, Brings Significant Experience as a Financial Executive in the Healthcare Industry

Express Scripts Holdings Company has announced the hiring of Eric Slusser to be the company’s executive vice president and CFO, effective September 9, 2015, according to a press release issued by Express Scripts.

Axalta to Build R&D Facility at The Navy Yard, Will Develop Next Genaration Coating Products

Axalta Coating Systems, a leading global supplier of liquid powder coatings, has announced that it will be building its new Global Innovation Center at The Navy Yard in Philadelphia, according to a press release issued by Axalta.

GE Seeks to Sell its Asset Management Arm, Looking for a Premier Investment Management Firm

General Electric Co. (GE) has announced that it is looking to sell its GE Asset Management, the company’s asset management arm, according to a press release issued by GE.

Boeing Plans to Speed Up Production of 767 Aircraft, Accommodate 50 Orders from FedEx

Boeing Co. is planning to increase the monthly production of its 767 aircraft to 2.5 planes a month in late 2017, according to a report from The Wall Street Journal.

Keurig Partners with Campbell to Launch Fresh-Brewed Soup in K-Cup, Tries to Reverse Slump in Sales

Keurig Green Mountain, Inc. has partnered with Campbell Soup Company to launch Campbell’s Fresh-Brewed Soup, to be available in Keurig’s K-Cups, according to a press release issued by Keurig.

Debt Collectors Ordered to Pay Millions of Dollars to Consumers For Alleged Deceptive Practices

The Consumer Financial Protection Bureau (CFPB) has ordered two of the largest debt buyers and collectors in the U.S. to pay consumers millions of dollars for using deceptive tactics to collect debts, according to a press release issued by the CFPB.

XPO Logistics to Acquire Con-way for $3 Billion, Enhance XPO's Range of Supply Chain Solutions

XPO Logistics, Inc. has announced that it will be acquiring Con-way, Inc. for about $3 billion, including $290 million of net debt, according to a press release issued by XPO Logistics.

Dell to Invest $125 billion in China, Partners with Several Local Companies

Dell, Inc. will be investing $125 billion in China over the next five years, as the company continues to expand its business in the second largest economy in the world, according to a report from Bloomberg.

Sun Life to Buy Assurance Inc's Employee Benefits Business, Boosts U.S. Presence

Sun Life Financial, Inc. has announced that it will be acquiring the Employee Benefits business of Assurance, Inc. for a net investment of $975 million, according to the press release issued by Sun Life.

McDonald's Fully Transitions to Cage-Free Eggs in All Restaurants in Canada and U.S., Plans to Achieve this Within 10 Years

McDonald’s has announced that they will fully transition to using cage-free eggs to its close to 16,000 restaurants in the U.S. and Canada, according to a press release issued by McDonald’s.

Facebook Introduces New Business Page, Closer to Becoming Online Shop

Facebook, Inc. has announced that it will be updating its Facebook Pages to cater more to mobile devices to help businesses build a mobile presence and communicate easily with customers, according to a news release from Facebook.

Aerojet to Make $2 Billion Bid for United Launch Alliance, Struggling to Remain the Premier Rocket Supplier of Pentagon

Aerojet Rocketdyne Holdings Inc. has submitted a $2 billion bid to acquire United Launch Alliance (ULA), a spacecraft launch service provider that is a joint venture of Lockheed Martin Corp. and Boeing Co., a source familiar with the matter told The Wall Street Journal.