Franchise News
Hudson's Bay Close To Buying Gilt For About $250 Million, Plans To Pair Fashion Retailer With Its Saks Off 5th Brand
Sanofi And Boehringer Ingelheim In Talks Over Asset Swap, Animal-Health Business To Be Swaped For Consumer Healthcare Business
Newell Rubbermaid To Acquire Jarden Corporation, Would Create $16 Billion Consumer Goods Company With Portfolio Of Leading Brands
Newell Rubbermaid has announced in a press release that it will be acquiring Jarden Corporation in a cash and stock transaction.
Latest News
Micron to Acquire Remaining Shares of Inotera Memories, to Utilize Company's Full Financial, Operational Benefits
Micron Technology, Inc. has announced in a press release that it will acquire the remaining shares of Inotera Memories for approximately $3.2 billion, net of cash and debt at Inotera.
Cheniere Energy Names Neal Shear Interim President And CEO: G. Andrea Botta Appointed As Chairman Of The Board
Cheniere Energy, Inc. has named board member Neal A. Shear as the interim president and CEO, and board member G. Andrea Botta as the chairman of the board of directors, effective immediately.
Exxon Mobil Senior VP Darren Woods Elected As Oil Company’s Next President, Keeping With Company’s Practice Of Promoting From Within
Exxon Mobil Corporation has announced in a press release that Darren W. Woods, the current senior vice president of the corporation, is elected to be Exxon Mobil’s next president and a member of the board.
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.
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