Franchise News
Government Shutdown 2013: 4,000 Furloughed Employees Return to Work
Upon the return of civilian employees at the Pentagon, United Technologies canceled the layoffs of 4,000 potential employees Sunday.
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Government Shutdown 2013: 5,000 United Technologies Positions In Jeopardy Stalemate Last Longer
Helicopter and jet engine supplier United Technologies could layoff 5,000 employees if the United States government is shut down for a longer period of time.
Paramount to Lay Off 110 Employees For Organizational Re-Alignment
In a move to organizationally re-align, Paramount Pictures is cutting 110 positions on its lot and slicing five percent of its 2,200 workforce internationally.
Bain Capital’s Burlington Surges After $227 Million Offering
Burlington Coat Factory posted record numbers after raising $227 million in its first initial public offering.
Hyundai Gives Loan Breaks to Idled Federal Workers
Hyundai is launching a payment deferral program to help its customers who are affected by the United States government shutdown.
New York to Sue Wells Fargo Over Mortgage Settlement
A top New York prosecutor is preparing to sue Wells Fargo over a mortgage settlement. A top New York prosecutor is preparing to sue Wells Fargo over a mortgage settlement.
Merck Axes 8,500 Extra Jobs to Cut $2.5 Billion in Costs
United States pharmaceutical giant Merck is axing 8,500 extra jobs from its workforce to cut $2.5 billion from its cost by 2015
Indigo Partners to Acquire Frontier Airlines
Frontiers Airlines will be bought by investment firm Indigo Partners in a move which could expand the ultra cost airline industry.
Walgreens Profit Rises 86 Percent As Loyalty Card Boosts Sales
Walgreens saw its fourth quarter profit rise 86 percent thanks to an increase in customer loyalty card sales.
Siemens Cuts 15,000 Jobs
Siemen's is cutting 15,000 jobs out of the 370,000 total positions it has. Siemen's is cutting 15,000 jobs out of the 370,000 total positions it has.
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