Franchise News
BBA Aviation to Acquire Landmark Aviation for $2.1 Billion, Enhance BBA's Own FBO Network, Signature
Boeing Signs Deal with Group of Chinese Companies to Sell 300 Aircraft, Build Aircraft Completion Center in China
JC Penney Promotes John Tighe to Chief Merchant, Liz Sweney to Retire
JC Penney Company, Inc. has announced in a press release that they are promoting John Tighe, a senior vice president and senior general manager of the company’s men’s division, to executive vice president and chief merchant effective October 1.
Latest News
Quirky Files for Chapter 11 Bankruptcy, Facilitate Sale of All its Assets
Quirky, Inc., a company that offers its inventors a forum for social product development and its customers an opportunity to acquire the most innovative products on the market, has announced in a blog post that it has filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code.
Halliburton to Pay Almost $18.3 Million in Overtime Wages Following Investigation of Labor Department
The U.S. Department of Labor said in a press release that Halliburton Company will be paying nearly $18.3 million in overtime wages to 1,016 employees nationwide.
Sears Names New President of Fulfillment, Support Efforts to Enhance Members' Experience
Sears Holdings Corporation has named Girish Lakshman as the company’s new president of Fulfillment, its end-to-end order fulfillment service, according to a press release issued by Sears Holdings.
Jaunt Raises $65 Million to make VR a Reality for Audiences Worldwide, Walt Disney among Investors
Jaunt, the leading company in pioneering cinematic virtual reality (VR) today, has announced in a press release that it has raised an additional $65 million from its series C funding.
Washington to Set Carbon Pollution Limits, Targets Largest Greenhouse Gas Emitters
The Washington Department of Ecology is writing a new rule that would reduce the greenhouse gasses being produced by the state’s biggest polluters, according to a press release issued by the Ecology Department.
Starwood Announces Merger with Colony American, Creates Best in Class Single-Family Rental Company
Starwood Waypoint Residential Trust has announced in a press release that it will be merging with Colony American Homes in a stock-for-stock transaction.
Macy's to Hire 85,000 Seasonal Associates, Fewer Compared to Last Year
Macy’s, Inc. is planning to hire approximately 85,000 seasonal associates for the upcoming holiday season at its Macy’s and Bloomingdale’s stores, call centers, distribution centers, online fulfillment centers nationwide, according to a press release issued by Macy’s.
Duke Energy Reaches Settlement with Key Consumer Groups in Indiana, Agree Not to Bill Consumers $85 Million
Duke Energy Corp. has announced in a press release that it has reached a settlement agreement with key Indiana consumer groups regarding its operating cost at its Edwardsport coal gasification power plant.
Volkswagen CEO Sorry for Deception, to Stop Sales of Vehicles Involved in Issue
Martin Winterkorn, the CEO of Volkswagen AG, apologized two days after U.S. authorities found out they deceived consumers with the emission testing result of its diesel vehicles, according to a report from Bloomberg.
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