Franchise News
NRG Energy Aims to Transform Renewable Energy Business As Standalone Unit, Part of Reorganization
Dialog Semi to Acquire Atmel for $4.6 Billion, Diversifies Customer Base
Dialog Semiconductor has announced in a press release that it will be acquiring Atmel Corporation in a cash and stock transaction valued at approximately $4.6 billion.
Latest News
Qualcomm Slash more than 1,300 Jobs in San Diego and Hundreds more in Other States, Part of Business Revamp
Qualcomm Inc. is slashing more than 1,300 full-time jobs in San Diego and hundreds more jobs in other states, according to a report from The San Diego Union-Tribune.
Boeing to Build the Fuselage Panels of the 747 at its Macon, Georgia Facility, Company to Invest about $80 Million
The Boeing Company will be building the fuselage panel of its 747 at its facility in Macon, Georgia starting in 2018, according to a press release issued by Boeing.
Mercedes-Benz Invest $1.3 Billion in Alabama Plant, Expands SUV Production
Mercedes-Benz is investing $1.3 billion and adding 300 jobs in its U.S. plant in Tuscaloosa, Alabama, according to a press release issued by Mercedes-Benz.
American Senior Communities Fires CEO James Burkhart, Following FBI Search
The American Senior Communities, a company that operates nursing homes, has just fired James Burkhart, the company’s CEO, according to a report from The Indy Channel.
Lyft Announces Partnership with Didi Kuaidi, Helps Make Cities More Sustainable, Better for People
Lyft, a U.S. transportation network company, will be partnering with Didi Kauidi, China’s largest rideshare company, according to a blog post published in Lyft.
U.S. Justice Department Won't Block Expedia's Acquisition of Orbitz, Won't Lessen Competition and Harm Consumers
The U.S. Justice Department has announced in a press release that it won’t be challenging Expedia Inc.’s $1.3 billion acquisition of Orbitz Worldwide, Inc.
AB InBev Plans to Takeover SABMiller, Creates Super Brewery
Anheuser-Busch InBev (AB InBev), the world’s largest brewery by volume and the maker of Budweiser, is planning to acquire SABMiller Plc, the maker of Pilsner Urquell and Peroni, according to a report from CNN Money.
U.S. Justice Department Announces Deferred Prosecution Agreement with GM, includes $900 Million Forfeiture
The U.S. Justice Department has just announced in a press release the filing of criminal charges against General Motors Co. (GM) for concealing a potentially deadly safety defect from the National Highway Traffic Safety Administration (NHTSA).
Altice to Buy Cablevision, Becomes 4th Largest Cable Operator in U.S.
Altice N.V. will be acquiring Cablevision Systems Corporation for $34.90 in cash for each share of Cablevision stock, according to a press release issued by Altice.