"This is nonsense": LuLaRoe CEO fires back at $49 million supplier lawsuit, saying he has no plans to "jump ship"

LuLaRoe LuLaRoe CEO Mark Stidham fired back at a supplier’s $49 million lawsuit against the multi-level marketing company, saying some of the suit’s supporting testimonies are “paten.....»»

Category: topSource: businessinsiderDec 7th, 2018

Gibson fires back at $50 million lawsuit

Nashville-based Gibson Brands Inc., the iconic guitar-maker that's been working to overcome financial struggles, has fired back at a German company over a $50 million lawsuit. In statement issued Thursday morning, Gibson called Tronical GmbH's suit.....»»

Category: topSource: bizjournalsApr 26th, 2018

Cincinnati public company plans $150M share repurchase

One of Greater Cincinnati’s largest public companies is planning to buy back some of its stock. Chemed Corp. (NYSE: CHE) announced on Monday that its board has authorized a $150 million stock repurchase program. The purchases will be funded with cas.....»»

Category: topSource: bizjournalsFeb 26th, 2019

Michael Jackson’s Neverland Ranch Back on the Market for $31 Million

Down from its initial asking price of $100 million in 2015. HBO may be Leaving Neverland, but the late King of Pop's estate is hoping someone will come for it. While Michael Jackson's estate filed a breach of contract lawsuit against HBO for i.....»»

Category: europeSource: fortuneFeb 26th, 2019

Capitol Report: Ocasio-Cortez fires back at Times Square billboard criticism for Amazon snub | Sean Spicer joins mainstream media

New York Democratic Rep. Alexandria Ocasio-Cortez has responded to a billboard saying “Thanks for Nothing, AOC!” that blames her for’s decision to nix its plans to set up headquarters in New York City......»»

Category: topSource: marketwatchFeb 21st, 2019

GE to Scale Back Boston HQ, Return $87 Million of Incentives

General Electric is scaling back its planned Boston headquarters, including selling the property and dropping plans to add hundreds of jobs......»»

Category: smallbizSource: wsjFeb 15th, 2019

GE shrinks Boston headquarters plan; state to get $87 million back

General Electric Co scrapped plans for a 12-story headquarters office tower on Boston's waterfront on Thursday, choosing instead to lease smaller buildings nearby and return $87 million in incentives to the state of Massachusetts......»»

Category: topSource: reutersFeb 14th, 2019

The Wall Street Journal: GE to shrink its Boston footprint, give back $87 million in incentives

General Electric Co. is scaling back its planned Boston headquarters, including selling the property and dropping plans to add hundreds of jobs, because the shrinking conglomerate no longer needs the facilities......»»

Category: topSource: marketwatchFeb 14th, 2019

FC Cincinnati scuttles orange roof, scales back other development around stadium

FC Cincinnati has ditched its plans for a partial roof that can turn orange at its $250 million Major League Soccer stadium and reduced future development around it, team officials told the City Council on Tuesday. The orange glow from the roof ha.....»»

Category: topSource: bizjournalsFeb 6th, 2019

Nanya to buy back shares

DRAM chipmaker Nanya Technology has unveiled plans to buy back as many as 120 million of its own shares starting November 13. The new stock repurchase program will be implemented in two phases......»»

Category: topSource: digitimesNov 14th, 2018

Auto parts maker investing $26M in Alabama plant, creating 50 new jobs

An auto parts supplier is expanding in Butler County. Hwashin America Corp. plans to invest $26 million in new equipment at its manufacturing facility in Greenville, creating 50 new jobs in the process. Hwashin currently employs 750 workers at its .....»»

Category: topSource: bizjournalsNov 8th, 2018

Port of Seattle plans $340 million cargo investment and explores new cruise ship facilities

The Port of Seattle has held confidential discussions with Seattle Mayor Jenny Durkan and financial and public private partnership consultants and may start awarding contracts in early 2019......»»

Category: topSource: bizjournalsNov 7th, 2018

Siemens goes back to its roots with 600 million euro Berlin investment

Siemens went back to its Berlin roots on Wednesday as it announced plans to invest up to 600 million euros ($681 million) to create an industrial and technology hub in the German capital......»»

Category: topSource: reutersOct 31st, 2018

Aramark to use some of the $300 million from asset sale to buy back stock

Aramark said Monday it will sell its healthcare technologies business for $300 million to Trimedx, as the company to looks to further focus on its core food, facilities and uniform business. The company said it plans to use the proceeds .....»»

Category: topSource: marketwatchSep 17th, 2018

"Crab billboard war" continues as PETA fires back with new signage

If you thought the brief billboard tussle between PETA and Jimmy's Famous Seafood — or really the majority of Baltimoreans — was over, guess again. The national animal rights organization plans to put up a new billboard encouraging individual.....»»

Category: topSource: bizjournalsSep 10th, 2018

How Olive Garden plans to make $2.6 million in a second today

The Pasta Pass is back......»»

Category: topSource: moneycentralAug 23rd, 2018

Contractor fires back over North Carolina"s ABC Commission audit allegations

The warehousing contractor at the center of a scathing Alcoholic Beverage Control Commission audit is firing back against claims that an unchecked contract cost the state $11.3 million. Maryland logistics firm LB&B, which has contracted with North .....»»

Category: topSource: bizjournalsAug 10th, 2018

Carnival Cruise Line to invest nearly $200M in ship

One of Carnival Cruise Line’s ships will be renamed as it undergoes a major facelift. With plans to invest nearly $200 million in Carnival Triumph, the Doral-based cruise line will rename the ship Carnival Sunrise. The upgrade will take place in Cád.....»»

Category: topSource: bizjournalsAug 1st, 2018

Canceled TSA contract could be back up for grabs soon — and Leidos plans to go for it

A five-year, $578 million TSA contract was wrested away by rival Peraton only to be later canceled. It's a program “that we care a lot about," Leidos CEO Roger Krone says......»»

Category: topSource: bizjournalsJul 26th, 2018

BenQ Materials to acquire 80% stake in medical equipment supplier Sigma

Polarizer maker BenQ Materials has announced plans to acquire an about 80% stake in Sigma Medical Supplies for NT$450 million (US$14.7 million) as it aims to further enhance its deployment in the medical industry......»»

Category: topSource: digitimesJul 25th, 2018

Apple supplier LG Display slashes investment plans as losses mount

South Korea's LG Display slashes its investment plans by $2.7 billion to 2020 on concern for the global smartphone market, becoming the second Apple supplier to scale back its spending plans within recent weeks. Lea Jakobiak reports......»»

Category: videoSource: reutersJul 25th, 2018