Franchise News
Coca-Cola's Sales In North America Are Rising, Shifting The Company's Focus Toward A Domestic Market
Sales for Coca-Cola Co. in North America rose two percent in the fourth quarter of financial year 2014, marking the company's largest domestic gain in two years, Bloomberg Business reports.
Latest News
Staples Will Purchase Office Depot For An Equity Value Of Approximately $6.3 Billion
Staples Inc. will purchase Office Depot Inc. for an equity value of approximately $6.3 billion ($11 per share), reducing the country's office supply industry to a single major chain.
Exxon Mobil Stocks Expected To Decrease In 2015
Exxon Mobil's stocks are expected to decrease for financial year 2015, CNBC analyst Jim Cramer revealed during a recent interview featured on the channel's "Squawk On The Street" program.
Apple's New Command Center In Arizona Promises $2 Billion Investment Over Next 30 Years
Apple has announced that it will construct a global operations command center based in Mesa, Ariz. that promises a $2 billion investment over the course of 30 years, USA Today reports.
Gap Removes Creative Director Role In E-Commerce And Marketing Restructuring
Gap Inc. has removed its chief marketing officer positions for the Gap and Banana Republic brands, Bidness ETC reports.
AOL Plans To Fire 150 Workers And Combine Two Websites
AOL Inc. is planning to fire about 150 workers and combine two of its websites into the tech homepage Engadget, a source close to the company disclosed to Bloomberg News.
Time Warner Cable Loses 38,000 Residential Video Customers In Fourth Quarter
Time Warner Cable lost 38,000 residential video customers in the fourth quarter of financial year 2014, Reuters reports, reporting low revenue rates in an increasingly competitive media market.
Shell Announces Plans To Make ‘Enormous’ Spending Cuts
Royal Dutch Shell has announced that it plans on slashing spending by scaling back its planned capital investment by $15 billion over the next three years, CNN reports.
Facebook Executives Announce E-Commerce Market And Mobile Strategies Prospects
Facebook executives recently revealed plans to boost the company's e-commerce market and mobile strategies partnerships, with an emphasis on increasing value for businesses on both regional and global levels.
McDonald’s President And CEO Don Thompson Steps Down Amid Financial Woes
McDonald's announced on Wednesday that Don Thompson will step down as president and chief executive officer of the company and will be replaced by Steve Easterbrook, the franchise's current chief brand officer.
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