updated - August 25, 2019 Sunday EDT
Anheuser-Busch InBev (AB InBev) has announced in a press release that it would be acquiring the Colorado-based Breckenridge Brewery. The acquisition enhances AB InBev’s The High End business unit of craft and import brands.
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McDonald’s is experimenting with roll-out of mac and cheese in Cleveland, Ohio, available for a limited time, according to a report from Brand Eating. The new menu item is available either a-la-cart or as a Happy Meal entrée in Cleveland.
Guotai Junan International Holdings Limited has announced in a filing to the Hong Kong Stock Exchange that Yim Fung, the chairman and CEO of Guotai Junan, will be resuming his duties with the company, effective December 23, 2015.
Mitsubishi Heavy Industries Ltd. (MHI) has announced in a press release that they and Mitsubishi Aircraft Corporation will be delaying the first delivery schedule of the Mitsubishi Regional Jet (MRJ).
Abercrombie & Fitch Co. has announced in a press release that Fran Horowitz, the president of its Hollister brands, has been promoted to president and chief merchandising officer, a newly created position.
Mikhail Prokhorov, the majority owner of the Brooklyn Nets, has acquired full ownership of the team and Barclays Center from Nets Sports and Entertainment through his Onexim Sports and Entertainment Holding USA, Inc., the team said in its website.
The Walt Disney Company is in talks to sell its stake in Fusion, the millennial-focused US cable channel and digital network, to Univision, people familiar with the matter told the Financial Times.
The Qatar National Bank Group (QNB), the largest financial institution in Qatar and the Middle East and North Africa Region, has announced in a press release that it is acquiring the 99.81 percent stake of National Bank of Greece (NBG) in Finansbank A.S. in Turkey, for €2.7 billion, or $2.9 billion.
LKQ Corporation, a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, has announced in a press release that it will be acquiring Rhiag-Inter Auto Parts Italia S.p.A for an enterprise value of €1.04 billion.
The U.S. Department Transportation’s Federal Aviation Administration (FAA) has announced in a press release that Boeing Commercial Airplanes has agreed to pay $12 million to settle its multiple pending and potential enforcement cases.
JPMorgan Chase & Co. has agreed to pay $150 million to settle investors’ claims, according to a report from Bloomberg. The company will be paying for claims that it hid from investors as much as $6.2 billion in losses caused by a trader dubbed the “London Whale.”
Alibaba Group Holding Limited has announced in a press release that it is appointing Matthew Bassiur as vice president and head of Global Intellectual Property Enforcement, effective January 2016.
Icahn Enterprises has raised its bid for Pep Boys: Manny, Moe & Jack, a full-service and tire automotive aftermarket chain, to $16.50 a share, or about $919 million, according to a report from The Wall Street Journal.
U.S. Steel Corporation has announced in a press release that it will be postponing the construction of the Electric Arc Furnace at its Fairfield Works in Birmingham, Alabama.
The U.S. Department of Justice (DOJ) has announced in a press release that Southwest Airlines Co. has agreed to pay a $2.8 million civil penalty to settle a lawsuit against the airline.
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