The Latest Breaking News from Company

Franchise Group Inc (NASDAQ:FRG) is considering taking more than $2 billion in loan from Apollo Global Management, Inc.  (NYSE:APO) to acquire Kohl’s Corp (NYSE:KSS), New York Post reported. Kohl’s board recently confirmed negotiations with Franchise Group over a $60 per share bid. The report noted Apollo is considering lending money to fund the buyout at less than three…

Krispy Kreme Inc (NASDAQ:DNUT) has promoted Josh Charlesworth to Global President and Chief Operating Officer. This newly created role will oversee the expansion of the company's global footprint and growth strategy. Charlesworth has served as Krispy Kreme's CFO since April 2017 and COO since May 2019. The company has engaged a search firm…

Goodyear Tire & Rubber Co (NASDAQ:GT) is recalling more than 170,000 tires used on trucks and recreational vehicles. The tires subject to recall were produced between 1996 and 2003. The recall specifically applies to G159 tires size 275/70R22.5, commonly found on RVs. The tire maker received over 600 claims for personal injury and property…

Alphabet Inc's (NASDAQ:GOOG) (NASDAQ:GOOGL) self-driving trucking unit Waymo Via, and Uber Technologies, Inc's (NYSE:UBER) Freight business collaborated for the efficient deployment of autonomous trucks. The financial terms of the transaction remain undisclosed. Now Waymo customers can use Uber Freight to plan their automated and human-driven trucking fleets more efficiently. Also Read: Lyft Pauses Hiring, Budgets To…

Aerospace and defense company Raytheon Technologies Corp (NYSE:RTX) plans to establish its worldwide headquarters in Arlington, Virginia, as Washington, D.C., serves as a convenient travel hub for its global customers and employees. RTX is currently based in Waltham, Massachusetts. The company plans to maintain its substantial presence in the U.S., encompassing 600 sites…

Kohl's Corp (NYSE:KSS) Board of Directors has entered into exclusive negotiations with Franchise Group Inc (NASDAQ:FRG) over the potential sale. Franchise's bid of $60 per share constitutes a 42.5% premium to Kohl's closing price of $42.12 on June 6. Related: Sycamore, Franchise Group Submit Bids for Kohl's: WSJ The discussion will go on for three weeks to…

Vancouver, British Columbia – TheNewswire - May 30, 2022 – Blackhawk Growth Corp. (CSE:BLR); (CSE:BLR); (OTC:BLRZF); (Frankfurt:0JJ) (the "Company"), is pleased to announce that the financial statements and MDA for its first quarter ended March 31, 2022 have been filed on Sedar.

Starbucks Corp (NASDAQ:SBUX) is reopening its stores in China after a resurgence in the COVID-19 cases prompted the closure of business activities in the country, Bloomberg reported. The coffeehouse chain has reopened 600 out of its 940 stores. The report added that the company plans to offer only online orders but will…

BRP Inc (NASDAQ:DOOO) (TSX:DOO) reported first-quarter FY23 sales flat Y/Y at C$1.81 billion. The company said it experienced continuing supply chain-related disruptions and inefficiencies in an increasingly inflationary environment. The gross profit for the quarter fell 16.2% Y/Y to C$454.4 million, and the gross margin contracted 490 basis points to 25.1%. Normalized EBITDA…