A jury returned a unanimous verdict in favor of Playboy Enterprises against Play Beverages and CirTran Beverage, awarding Playboy $7m in damages. Iehab Hawatmeh is a principal of the defeated Play Beverages and CirTran Beverage, as well ...
Tags: Cirtran Beverage, Play Beverages
Toyota has broken ground on Toyota Motor Manufacturing de Guanajuato (TMMGT), its fifteenth manufacturing facility in North America. TMMGT will produce Corolla, the top selling car in the world, beginning in 2019, and will employ ...
Tags: Toyota, Manufacturing Plant
SpartanNash has agreed to acquire certain assets of Indianapolis based Caito Foods Service and its Blue Ribbon Transport (BRT) logistic operations for approximately $217.5m. Additionally, SpartanNash will bear certain transaction costs ...
Tags: SpartanNash, Caito Foods
Campbell Soup Company has appointed Ed Carolan as president for Campbell Fresh (C-Fresh). Carolan, 47, will lead the division that includes Bolthouse Farms beverages, salad dressings and carrots, Garden Fresh Gourmet salsa, hummus and ...
Jack Balagia, vice president and general counsel, Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire effective Nov. 1, 2016, after more than 18 years of service. It is anticipated that the board of directors will ...
Tags: Jack Balagia, vice president and general counsel, Randall Ebner
Syngenta faces a major legal trouble as a US federal judge in Kansas ruled that the claims of hundreds of thousands of corn farmers can go ahead as a class action. The allegations against the Swiss based global agrochemical company are ...
Tags: Syngenta, legal trouble, corn farmers
IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that its shareholders elected Angela Braly to its board of directors. Braly is the former chairman, president and chief executive officer of health insurance ...
Amazon has been found guilty of shipping dangerous goods by air, and now has to cough up serious cash in penance. A UK court has ordered Amazon to pay £65,000 in fines after the online retailer tried to transport flammable aerosols ...
Franklin Electric Co Inc has named Jonathan Grandon as chief administrative officer and general counsel. In his new role, Grandon will be responsible for Franklin Electric’s legal and human resource functions and will also play an ...
South Korean LED maker Seoul Semiconductor Co Ltd (SSC), together with its affiliate company Seoul Viosys Co Ltd, has filed a patent infringement lawsuit in the US District Court for the Central District of California against global retail ...
Tags: SSC, Seoul Viosys, Kmart
CenterOak Partners announced that it has completed a majority investment in Wetzel’s Pretzels, the second largest owner and franchisor of soft pretzel stores. Financial terms of the transaction were not disclosed. Headquartered in ...
Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) says that Kris Sennesael has joined it as senior VP & chief financial officer. Sennesael was most recently chief financial officer for ...
Tags: Skyworks, Kris Sennesael, senior VP&chief financial officer
Automakers Ford, Volvo along with technology giant Google and taxi-hailing firms Uber and Lyft have joined forces to push US regulators to draft regulations that support self-driving cars deployment. The coalition, dubbed the Self-Driving ...
Tags: Self-Driving Cars, Ford
Pacific Sunwear of California, Inc. entered into a restructuring support agreement (RSA) with affiliates of Golden Gate Capital, the holder of its secured term loan provider under the company's financing facilities. In conjunction with the ...
Tags: Pacific Sunwear, RSA, Golden Gate Capital, Bankruptcy
HanesBrands has agreed to acquire the privately held Italian company Champion Europe, which owns the trademark for the Champion brand in Europe, the Middle East and Africa, in an all-cash transaction. The purchase price will be 10 times ...
Tags: Champion Europe, Hanesbrands, EBITDA