Franchise News
Southwest Airlines To Pay $2.8 Million To Settle Lawsuit Alleging It Violated FAA Safety Regulations
NetApp Acquires SolidFire For $870 Million, To Accelerate Adoption Of All-Flash Data Centers
U.S. Steel Delays Construction Of Electric Arc Furnace In Alabama Due To Challenging Market Conditions In Oil, Gas And Steel Industries
U.S. Steel Corporation has announced in a press release that it will be postponing the construction of the Electric Arc Furnace at its Fairfield Works in Birmingham, Alabama.
Latest News
Citigroup Plans To Cut 2,000 Jobs Next Month, Part Of Efforts To Restructure Company
Citigroup Inc.is planning to cut at least 2,000 jobs beginning next month, a substantial portion of which will be in middle of back-office positions, a person briefed on the plans told Bloomberg.
GE Postpones Decision Regarding Transfer Of Headquarters, Will Announce Decision In January
General Electric Co. has postponed its decision regarding whether it would move its headquarters out of Fairfield, Connecticut, or not, according to a report from the Hartford Courant.
Pandora Announces Plan To Pay 15 Percent More To Artists Whose Music They Are Streaming
Pandora's new royalty rates represent a 15 percent increase over the company's 2015 effective per-performance payment system.
ChemChina Improves Offer To Buy Syngenta, Annouces Plan To Purchase Company In 2 Stages
China National Chemical Corp. (ChemChina) has improved its offer to acquire Syngenta AG and mark the biggest acquisition by a Chinese company, people with knowledge of the matter told Bloomberg.
Century Aluminum Reaches Power Agreement With Santee Cooper, Mt. Holly Smelter To Operate At Half Capacity
Century Aluminum Company has said in a press release that Century Aluminum of South Carolina, Inc., its wholly-owned subsidiary, has reached an agreement in principle with Santee Cooper.
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.