Franchise News
Netflix Announces 3-Tier Pricing Plan For Japan Expansion Following SoftBank Partnership
Peltz and Frank of Trian Named to Sysco's Board, Assist in Enhancing Company's Value
Sysco Corporation has added Nelson Peltz, CEO and founding partner of Trian Fund Management LP, and Josh Frank, a partner in Trian, to the company’s board of directors, in a move that can help increase the company’s value, according to a press release issued by Sysco.
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Toyota to Buy Millions of Airbag Inflators from Nippon Kayaku, Reduce Risk of Potential Lethal Inflators from Takata
Toyota Motor Corp. will be buying millions of air-bag inflators from Nippon Kayaku Corp., in an attempt to reduce the risk from potentially lethal airbag inflators from Takata Corp., people familiar with the matter told Reuters.
American Airlines to Pull Out of Israel Due to Unprofitable Flight, Philadelphia Mayor Asks the Airline to Reevaluate Decision
American Airlines, Inc. has announced that the company will be ending its lone flight route between the U.S. and Israel early next year, according to a report from Bloomberg.
Salesforce Reported Better-Than-Expected Second-Quarter Revenue and Profit, Raises Full-Year Forecast
Salesforce.com, Inc. has reported a second-quarter revenue of $1.63 billion, 24 percent increase from the same period last year and a second-quarter adjusted earnings per share of $0.19, according to a press release issued by Salesforce.
Twitter Renames Twitter Publisher Network to Twitter Audience Platform, Adds Tweet Engagement and Video Views
Twitter, Inc. has just renamed the Twitter Publisher Network, a way to help advertisers to connect to audiences in and out of Twitter, to the Twitter Audience Platform, and added two new features for advertisers to take advantage of, according to a blog post from Twitter.
Uniqlo Offers Four-Day Workweek, to Attract and Retain Talent
Uniqlo’s parent company, Fast Retailing, will be offering a four-day workweek to 10,000 employees of Uniqlo’s Japan location starting this October, according to a report from Bloomberg.
Glaxo is Selling its Rights to its Autoimmune Treating Drug to Novartis for $1 Billion, Divests its Remaining Rights in the Drug
GlaxoSmithKline Plc has just announced that it will be selling its rights in ofatumumab, a drug that treats autoimmune disease, including multiple sclerosis, to Novartis AG for more than $1.03 billion, according to a press release issued by Glaxo.
Stage Stores Closes 90 Locations as Part of its Strategic Evaluation, Following Disappointing Second Quarter Earnings
Stage Stores, Inc. have reported that it plans to close down approximately 90 stores that are underperforming as part of its strategic evaluation of its real estate portfolio, according to a press release issued by Stage Stores.
Gap Chairman And CEO Art Peck Announces Improved Spring 2016 Apparel Line
Gap Chairman and Chief Executive Officer Art Peck has announced plans to improve the company's apparel options, beginning with the Spring 2016 clothing line.
U.S. Safety Regulators Begin Honda Motor Co. Investigation Involving Faulty Air Bags
United States government officials have begun an investigation into Honda Motor Co. and its air bag manufacturing process following months of discussion with the automobile producer and customers.
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