Franchise News
Chipotle is Raising the Prices of Food with Beef, Caused by Rising Beef Prices in the Market
Comcast to Offer New Video Service called Watchable, Latest Effort to Appeal to Younger Audience
California Regulators Issued 19 Citations to ExxonMobil for the Torrance Refinery Explosion, Penalties Total $566,600
The State of California’s Division of Occupational Safety and Health (CAL/OSHA) has issued 19 citations to ExxonMobil Refining & Supply Company for violations following the February 18 explosion of its refinery in Torrance, according to a press release issued by the CAL/OSHA.
Latest News
Trian Partners Acquires Stake in Sysco, Sees Stock Undervalued
Trian Partners, a hedge fund owned by activist investor Nelson Peltz, has acquired a more than 7 percent stake in Sysco Corporation for $1.6 billion, according to a report from Reuters.
Goldman Sachs to Buy GE Capital's Online Deposit Platform, Expands its Source of Funding
Goldman Sachs Bank USA has announced that it will be acquiring GE Capital Bank’s online deposit platform and assume GE’s $8 billion in online deposits and $8 billion in brokered certificates of deposit, according to a press release issued by Goldman Sachs.
HTC Announces Business Realingment to Achieve Profitable Growth
HTC Corporation has announced a plan to realign its business that will enable it to position itself for a significant profitable growth, according to a press release issued by HTC.
Roche Acquires GeneWEAVE for about $425 Million, Enhances its Role in Microbiology Diagnostics
Roche has just announced that it will be acquiring GeneWEAVE Biosciences, Inc., a privately held company focused on innovative, clinical microbiology diagnostics solutions, for approximately $425 million, according to a press release issued by Roche.
Coca-Cola Appoints James Quincy President and COO, Will be In Charge of the Company's Operating Units Worldwide
The Coca-Cola Company has announced that James Quincy is appointed as president and chief operating officer of the company effective immediately, according to a press release issued by Coca-Cola.
Tesla Sell Shares to Raise $500 Million, Accelerate Growth in US and Abroad
Tesla Motors, Inc. has just announced that it intends to offer $500 million worth of additional shares of common stock in an underwritten registered public offering, according to a press release issued by Tesla.
Walmart Plans To Have 11,000 Stores In 27 Countries By The End Of This Year
Walmart, one of the world's largest multinational retail corporations, plans to have 11,000 stores in 27 countries by the end of fiscal year 2015, MarketWatch reports.
Lenovo's Quarterly Revenue Misses Expectations, To Restructure Business and Cut Costs
The Lenovo Group has reported a quarterly revenue of $10.7 billion, a 3 percent increase year-over-year, according to a press release issued by Lenovo.
Uzbekistan Airways to Conduct Preflight Weighing of Passengers, Ensuring Flight Safety
Uzbekistan Airways has just announced that they will now be conducting weighing of passengers prior to boarding the flight, according to a press release issued by Uzbekistan Airways.