Franchise News
Florida Power & Light to Reduce Electricity Rates in 2016, Push for Efficiency Saving Customers Money
Lannett to Acquire Kremers Urban Pharmaceuticals for $1.23 Billion, Expands Lannett's Existing Portfolio of Products
LEGO Sales Increased in First Half Due to Asian Growth, Will Increase Workforce in Jiaxing
The LEGO Group has posted an increase in revenue for the first half of 2015 fueled by strong growth, especially in Asia, according to a press release issued by LEGO.
Latest News
News Corps Announce Leadership Changes at News U.K., Rebekah Brooks Returns as CEO
News Corp has announced that there are changes in the leadership of News UK, the company’s unit in U.K., with Rebekah Brooks returning as News UK’s CEO, according to a press release issued by News Corp.
Dollar Tree Quarterly Sales Up More Than 48 Percent From A Year Ago
Dollar Tree announced on Tuesday that quarterly sales have increased by more than 48 percent from a year ago, largely due to its acquisition of Family Dollar.
Chipotle And Tapingo Launch Delivery Service At 40 College Campuses Nationally
Chipotle and Tapingo, a mobile application that allows students to order food from local restaurants to their college campuses, have partnered up to bring Mexican food to customers around the United States.
MTA Says Bike Racks To Be Added to Two Bus Routes in Greater New York
The Metropolitan Transportation Authority (MTA) has announced that it would be adding bicycle racks on two Staten Island bus routes starting September 6, 2015, according to a press release issued by the MTA.
Two Large Pension Funds Oppose Bank of America's Joint CEO-Chairman Role
The California Public Employees' Retirement System (Calpers) and the California State Teachers' Retirement System (Calstrs) have opposed Bank of America’s amendment of the company’s bylaws that would allow Brian Moynihan to continue as the bank’s chairman and CEO, according to a report from Reuters.
Paypal Introduces Paypal.Me, Makes Requesting for Money Simple and Personal
PayPal, Inc. has just introduced the PayPal.Me, a service that lets users put their name on their PayPal and have a personal link to requesting money, according to a blog post in PayPal’s website.
Penn West to Cut 35% of Workforce and Suspend Dividend, Due to Current Environment of Commodity Prices
Penn West Petroleum Ltd. has announced that they will be suspending their dividends and reduce 35 percent of the company’s workforce due to the current environment of prices in commodities, according to a press release issued by Penn West.
TCF CEO Bill Cooper to Retire Soon, Craig Dahl Will Replace Him
TCF Financial Corporation has announced that Craig Dahl, vice chairman and president of the company, will be appointed as CEO, effective January 1, 2016, according to a press release issued by TCF.
Chipotle Sued Over False Advertising, Menu Accused of Not Being Free of GMO
Chipotle Mexican Grill, Inc. is being sued over false advertising by a Californian woman after the restaurant chain announced on April 27 that it is the first national restaurant company to use ingredients that are GMO-free, according to a report from Reuters.
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