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Today’s Business News

Milwaukee Journal Sentinel (Wisconsin) (July 28, 2015)
Kohl's Corp. is being targeted in two lawsuits in California over the retailer's longtime practice of promoting its merchandise as being heavily discounted.  Both actions allege that the discounts are false and that Kohl's does not routinely sell much of its merchandise at the "original" or "regular" prices. The fictitious discounts mislead shoppers into thinking they are getting bargains that are, in fact, illusions, the lawsuits claim.  In both lawsuits, the plaintiffs are asking federal...
Orlando Sentinel (Florida) (July 28, 2015)
Darden is bringing back former executive Todd Burrowes to run LongHorn Steakhouse, the Orlando-based restaurant company said Monday. Burrowes has spent the past two years as the president, chief operations officer and chief concept officer at Ruby Tuesday Inc. Former LongHorn President Valerie Insignares left last week "to pursue other interests," according to a statement from Darden. Burrowes worked at LongHorn about 10 years before leaving for Ruby Tuesday as senior vice president of...
The San Diego Union-Tribune (July 26, 2015)
Qualcomm has been under pressure before in its 30 years in the wireless industry. But not like this. After five years of fast revenue and earnings growth, Qualcomm has hit a wall. Its sales, earnings and stock price are lagging. It faces pricing investigations in Europe and elsewhere. Last week, the San Diego company said it would slash its workforce companywide by 15 percent over the next year — or about 4,700 jobs. It pledged to trim $1.4 billion in expenses by the end of the 2016 fiscal year....
Last Updated: 2015-07-29 @6:32

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National Merit Scholarship Corporation has utilized Corporate Affiliations through LexisNexis for several years. It is an invaluable tool that helps us maintain up to date information about our clients and prospective clients. The information Corporate Affiliations provides is well organized, quick to reference, and is easy to access and utilize, as we service our clients and seek to establish new corporate relationships. It serves as an excellent one-stop-shop for thorough and detailed information that would otherwise be difficult and time-consuming to obtain.”

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CorporateAffiliations.com’s overall data reliability is excellent, including the financials section at the parent level. What we find most helpful in Corporate Affiliations are the hierarchies. Hoovers, one of the other resources we use, provides deceiving hierarchies, while Corporate Affiliations’s hierarchies are far more reliable and often check out to be accurate.”

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