Franchise News
Airbnb Wins Battle in San Francisco, Plans to Create 100 Home-Sharing Political Clubs in 100 U.S. Cities
Southwest Pilots Reject Tentative Agreement with Southwest Airlines, Pilots' Association to Return to the Negotiating Table with the Airline
The members of the Southwest Airlines Pilots’ Association rejected the tentative agreement on a new labor contract the pilots' association made with Southwest Airlines, according to a press release issued by the pilots' association. The pilots’ association will return to the negotiating table with the airline to come up with a new labor contract.
Latest News
Amazon.com Introduces Amazon Books, Opens its First Real Bookstore at University Village
Amazon.com, Inc. introduces Amazon Books, a brick and mortar bookstore, located at Seattle’s University Village in a note to its online customers. Amazon Books is the online retailer’s first real bookstore in its 20-years of selling books online and it first opened on Tuesday, November 3, 2015.
Amazon.com Expands Paid Leave to New Parents, Enhances Benefits to Attract and Retain Talent
Amazon.com Inc. has expanded its parental leave to new parents with new fathers now getting paid parental leave and new mothers will be getting an extended paid maternity leave, according to a report from Bloomberg. The online retailer is enhancing the benefits it offers as a way to attract and retain talent.
Activision Blizzard to Acquire Maker of Candy Crush for $5.9 Billion, Combined Company Will be a Leader in Interactive Entertainment
Activision Blizzard, Inc. has announced in a press release that it will be acquiring King Digital Entertainment Plc, the maker of the leading mobile game “Candy Crush Saga” for $5.9 billion. The acquisition will position Activision Blizzard to be a global leader in interactive entertainment across mobile, console and PC platforms.
TreeHouse to Acquire ConAgra's Private Brands Business for $2.7 Billion, Creates Country's Largest Private Label Food and Beverage Manufacturer
TreeHouse Foods Inc. has announced in a press release that it will be acquiring the private brands operations of ConAgra Foods Inc. for $2.7 billion. The transaction will create the largest private label food and beverage manufacturer in the country.
The New York Times Will Name New Publisher Within 2 Years, New Publisher Will Still Come from Sulzberger Family
Arthur O. Sulzberger Jr., the chairman and publisher of The New York Times has announced during his annual “State of the Times” address that controlling Ochs-Sulzberger clan has begun the selection process for his successor as publisher.
H-E-B Announces New Employee Ownership Plan, Employees to Get Ownership Stake of the Company
H-E-B Grocery Company LP has just announced in a press release that they are having a new employee ownership plan. Under the plan, 55,000 employees are eligible to receive a portion of stock in the company.
George Soros's Firm Pulls Out Nearly $500 Million Investment With Bill Gross Due to Poor Returns
Soros Fund Management LLC, a firm run by George Soros, has pulled nearly $500 million investment from an account managed by Bill Gross at Janus Capital Group, Inc., people familiar with the matter told The Wall Street Journal. Soros has pulled his entire investment from the account due to poor returns.
EPA Issues 2nd Notice of Violation to Volkswagen, Finds Cheating Software on Audi and Porsche as Well
The Environmental Protection Agency (EPA) has announced in a press release that they are issuing a second notice of violation of the Clean Air Act to Volkswagen AG, Audi AG, Volkswagen Group of America, Inc., Porsche AG and Porsche Cars North America. The EPA said that they have found that Volkswagen allegedly installed cheating software in certain Volkswagen, Audi and Porsche light duty diesel vehicles equipped with 3.0-liter engines for the model year 2014 through 2016.
Sprint to Slash Costs by $2.5 Billion, Will Do it Through Job Cuts and Other Cost Controls
Sprint Corp. is planning to cut as much as $2.5 billion in its fiscal 2016 expenses, according to a report from Reuters. The company said that the cut in expense will come from layoffs and a wide array of cost controls.
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