Franchise News
Mitsubishi To End Production in U.S., Partners with United Auto Workers to Look for Suitable Buyers of the Plant
U.S. Capital Equipment Rise, Boosted by Non-Military Aircraft Orders
"According to the data released by the U.S. Census Bureau News, new orders for all manufactured durable goods increased by 3.4 percent or $7.7 billion to $235.3 billion in June."
Latest News
Thai Airways' Restructuring Plan will Reduce Flights and Cut Jobs
Thai Airways International Pcl is planning to cut 1,401 jobs and suspend its flight to Los Angeles and Rome, according to a report from Reuters.
Looking to Solidify its Grip On the Generic Drug Sector, Teva may Acquire Allergan's Generic Business
Teva Pharmaceuticals Industries Ltd., a Israeli-based drugmaker, is in advance talks to acquire the generic drugs business of Allergan Plc., according to a report from Bloomberg.
To Defend Against Hackers, Fiat Chrysler Recalls 1.4 million Vehicles
Fiat Chrysler announced a recall of 1.4 million vehicles, in an attempt to defend against cyber attacks, according to a report from Bloomberg.
Subject To Certain Conditions, The FCC Sees the Merger of AT&T and DirecTV in the Public's Interest
After granting its approval, the Federal Communications Commission sees the merger of AT&T and DirecTV, subject to certain conditions, is in the public’s interest, according to the Commission’s press release.
Sales of New Homes in U.S. Unexpectedly Fell to Seven-Month Low, Housing Outlook Still Positive
New home purchases unexpectedly fell in June to a seasonally adjusted annual rate of 482,000, according to a joint release by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Biogen's Multiple Sclerosis Drugs Disappoints on Sales Expectation, 2015 Forecast Slashed
Biogen Inc's multiple sclerosis drugs have failed to reach analysts sales expectations in the second-quarter, prompting the company to slash its forecast for 2015, according to a report from Reuters.
EU Sees no Competition Concern with Nokia's Acquisition of Alcatel-Lucent
In a press release, the European Commission has approved Nokia's acquisition of Alcatel-Lucent, seeing no competition concern.
Airbnb Close to Hiring New CFO
Bloomberg reports that according to people with knowledge of the matter, Airbnb is close to hiring Blackstone's Laurence Tosi as chief financial officer.
Oil Back in Bear Market Territory
Concerns about the glut of supply and shaky demand have once again put oil in bear market territory, according to Reuters.
Most Read
