Franchise News
Geico to Pay $6 Million to California Regulators, Settlement for Alleged Misleading and Discriminatory Business Practices
Schlumberger to Acquire Cameron for $14.8 Billion, Combines 2 Complementary Companies
Schlumberger Limited, a company that supplies technology, integrated project management, and information solutions to customers working in the oil and gas industry worldwide, has announced that it will be acquiring Cameron International Corp. for $14.8 billion in a stock and cash transaction, according to a press release issued by Schlumberger.
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GE to Cut 262 more Jobs at its Lufkin Oil Unit, Plunge in Global Oil Prices to Blame
General Electric Co., has announced that it will be cutting 262 more jobs at its Lukin oil unit in Texas, as it struggles with the continued plunge in global oil prices, according to a report from Reuters.
Nokia Partners With Microsoft To Release 2 Candy Bar-Style Mobile Phones Under $40
Nokia and Microsoft have partnered up to release two variants of the Nokia 222 phone for under $40. Nokia and Microsoft have partnered up to release two variants of the Nokia 222 phone for under $40.
Starbucks CEO Howard Schultz Responds To Stock Market Downturn By Urging Employees To ‘Be Very Sensitive’
Starbucks Chairman and Chief Executive Officer Howard Schultz is urging baristas, whom he refers to as "partners," to "be very sensitive" to customers at locations around the country.
Belk Agrees to be 100% Purchased by Sycamore for about $3 Billion, Tim Belk to Remain CEO
Belk, Inc., has announced that it will be 100 percent owned by Sycamore Partners for a transaction that is valued at approximately $3 billion, according to a press release issued by Belk.
Philadeplphia Media Network Names New Publisher and CEO, Maximize Revenue While Maintaining Journalistic Mission
The Philadelphia Media Network LLC, parent company of the Philadelphia Inquirer, Philadelphia Daily News, and Philly.com has named Terry Egger as its new publisher and CEO last Monday, according to a report from Philly.com.
Chipotle to Have its First National Career Day, Plans to Hire 4,000 New Workers
Chipotle Mexican Grill has announced that it will be having its first-ever National Career Day on September 9, 2015, according to a press release issued by Chipotle.
Netflix Partners with Softbank, for Japan Launch of TV Streaming Service
Netflix, Inc. has announced that it has partnered with SoftBank Corp., Japan’s leading mobile provider, to exclusively offer a fully integrated Netflix experience, including billing, according to a press release issued by Netflix.
Southern Co. to Buy AGL for $12 Billion, Create 2nd Largest Utility Company in the U.S.
Southern Company, the premier energy company will be acquiring AGL Resources for approximately $12 billion, including debt, according to a press release issued by AGL.
US Airways Ceremonial Flight Won't be Landing in Pittsburgh, City Not Part of its Current Flight Hub
US Airways will be conducting its ceremonial final flight on October 16, 2015, but it won’t be landing on Pittsburgh, the city that gave it its first start, according to a report from the Pittsburgh Post-Gazette.
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