Franchise News
Court Approves Interim Financing for Haggen Days after Filing for Chapter 11 Bankruptcy
Verizon, Cognizant Enter Collaboration, to Deliver Technology Solutions to Clients
Verizon Communication, Inc. and Cognizant Technology Solutions Corp. have announced that they are entering into a enterprise-focused collaboration, according to a press release issued by Cognizant.
Latest News
Airbus Set to Open Production Site in U.S., Seeks Greater Market Share, Lower Costs
Airbus Group NV has announced that it is set to open its jet production site in Mobile, Alabama, according to a report from Bloomberg.
Goldman Sachs, JP Morgan, Other Big Banks Agree to $1.87 Billion Settlement, Resolve Credit-Default Swap Lawsuit
Goldman Sachs Group, Inc., JPMorgan Chase & Co., Citigroup, Inc., HSBC Holdings, Plc, and other big banks have agreed to pay $1.87 billion in settlement amount to resolve its credit-default swap lawsuit, according to a report from Bloomberg.
Quiksilver Files for Chapter 11 Bankruptcy for U.S. Units, Still Plans to Continue Business
Quiksilver, Inc. the surfwear maker, has filed for a Chapter 11 bankruptcy protection for its U.S. business on September 9, 2015, according to a press release issued by Quiksilver.
MillerCoors Acquire Majority Interest at Saint Archer, Expands Portfolio of Craft Beer
MillerCoors’ craft and import division Tenth and Blake has just acquired a majority interest in Saint Archer Brewing Company, according to a press release issued by MillerCoors.
Yahoo Loses its CMO Kathy Savitt to STX Entertainment, Will Join as Presdient of STX's Digital Business
Yahoo’s Chief Marketing Officer Kathy Savitt is resigning from her position after three years in the company, to join STX Entertainment, according to a report from The Hollywood Reporter.
BMO Financial Group Acquires GE Capital's Transportation Finance Unit, Grow Commercial Customer Base
BMO Financial Group has announced that it will be acquiring GE Capital Corporation’s Transportation Finance business in the U.S. and Canada, according to a press release issued by BMO Financial.
Express Scripts Hires Eric Slusser to be the New CFO, Brings Significant Experience as a Financial Executive in the Healthcare Industry
Express Scripts Holdings Company has announced the hiring of Eric Slusser to be the company’s executive vice president and CFO, effective September 9, 2015, according to a press release issued by Express Scripts.
Axalta to Build R&D Facility at The Navy Yard, Will Develop Next Genaration Coating Products
Axalta Coating Systems, a leading global supplier of liquid powder coatings, has announced that it will be building its new Global Innovation Center at The Navy Yard in Philadelphia, according to a press release issued by Axalta.
GE Seeks to Sell its Asset Management Arm, Looking for a Premier Investment Management Firm
General Electric Co. (GE) has announced that it is looking to sell its GE Asset Management, the company’s asset management arm, according to a press release issued by GE.