Franchise News
BB&T Corporation Acquires National Penn for $1.8 Billion, Improves to #4 in Market Deposit Share in Pennsylvania
BB&T Corporation has announced that it will acquire National Penn Bancshares, Inc. in a cash and stock transaction for approximately $1.8 billion, according to a press release issued by BB&T.
Latest News
JetBlue Shares Boost Amidst Crude Oil Price Drop, Signaling Increased Growth
Shares of JetBlue Airways Corp. increased by 1.63 percent to $24.40 in afternoon trading on Monday, The Street reports, signaling the company's continually-increasing growth.
Xiaomi Breaks Smartphone Sales Record By Selling 800,000 Redmi Note 2 Models Within 12 Hours
Xiaomi Technology Co., based in Beijing, has once again broken sales records with a new achievement: the company sold over 800,000 models of the Redmi Note 2 within twelve hours of its release.
Norfolk Naval Shipyard Conducts Job Fair in Biloxi, Looking to Grow Workforce
The Norfolk Naval Shipyard, a federally run shipyard in Portsmouth, Virginia, has conducted a job fair in Biloxi, Mississippi, looking to expand its workforce, according to a report from WLOX.
Amazon CEO Jeff Bezos Slams New York Times Description Of Workplace Environment
Amazon Chairman, President and Chief Executive Officer Jeffrey Bezos has criticized the New York Times for what he claims is an inaccurate description of the company's workplace environment.
New Target COO John Mulligan To Manage Stores, Properties And Supply Chain
Target Corp. Chief Executive Brian Cornell has appointed former finance chief John Mulligan as the company's new chief operating officer, the Wall Street Journal reports.
Casino Pier gets Approval to Reconstruct Portions of the Pier, Now Awaiting Approval of Land Swap
Owners of New Jersey’s Casino Pier were given a state permit to allow the reconstruction of the portion of the pier and the relocation of the Sky Ride, a spokesman for New Jersey’s Department of Environmental Protection (DEP) told the Asbury Park Press.
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.
Chipotle is Raising the Prices of Food with Beef, Caused by Rising Beef Prices in the Market
Chipotle Mexican Grill, Inc. is raising the prices of items in its menu that uses beef, by 4 to 6 percent nationally, due to the continued rise in beef prices, according to a report from Eater.
Comcast to Offer New Video Service called Watchable, Latest Effort to Appeal to Younger Audience
Comcast Corp. is planning to introduce a video service that will feature content from Vice Media and Vox Media, a person close to Comcast told Bloomberg.
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