Saturday January 31, 2015

updated - January 31, 2015 Saturday EST

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Franchise News
RadioShack Receives $500 Million Debtor-In-Possession Loan Offer

Salus Capital Partners is willing to provide financially-troubled Radio Shack with $500 million in a debtor-in-possession loan, the Wall Street Journal reports.

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Franchise News
Uber Announces Fare Cuts In 48 U.S. Cities, Promises Drivers Higher Earnings

Uber has announced that it will be reduce ride fares across 48 cities in the United States, the New York Times reports, promising to boost pay for drivers with the initiative.

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Franchise News
Online File Sharing Start-Up Box Announces Share Pricing For Initial Public Offering

The online file sharing star-up company Box has announced its share pricing for its upcoming initial public offering (IPO): a proposed range of $11 to $13 per share is expected, according to Tech Crunch.

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Franchise News
Mercedes Will Move Headquarters From New Jersey To Georgia Due To High Taxes

Mercedes has announced that it will move its headquarters from New Jersey to Georgia, citing high business and personal income taxes as a major contributor to its financial woes.

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Franchise News
Samsung Releases Fourth-Quarter Earnings, Revealing Strong Memory Chip Sales

Samsung has released figures for its 2014 fourth-quarter performance, revealing a strong demand for high-margin memory chips and overall earnings that exceeded the expectations of financial analysts.

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Franchise News
Ex-Morgan Stanley Employee Apologizes For Stealing and Posting Online 900 Clients' Data

An ex-employee from Morgan Stanley said he's sorry for stealing data from 350,00 clients but denied to be the one who posted the information online.

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Franchise News
Archenemies Share The Love In McDonald's New Animated Ad

McDonald's revealed a new animated ad featuring a number of iconic characters and their enemies sharing the love.

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