Industry News

ServiceMaster Global Holdings Inc., of Memphis, Tenn. The company's insurance carriers also have paid the family an amount not disclosed in..."/>
Terminix offers $87 million settlement to Delaware family sickened by pesticide [The Philadelphia Inquirer]
Netflix, which entered India in January, has launched a marketing campaign. The platform's first-ever digital brand film for India titled Commitment features standup comedian Abish Mathew, who proposes to his lady love over a dinner date. Surprised and ecstatic, the girlfriend accepts the proposal when she peeks into ring box to find Mathew's Netflix Id and password."/>
Netflix India rolls out its first digital brand film [Mint, New Delhi]
Alphabet Inc.' s revenue growth in the second quarter, as it has for years now. Revenue at Alphabet--Google's parent firm, formed in 2015-- rose 21% to $21.5 billion in April-June from a year ago. Advertising revenue reached $19.14 billion, a 19% year-on-year increase."/>
Google continues to ride high on advertising in June quarter [Mint, New Delhi]
T. Rowe Price Group Inc. has reduced the value of its stake in Flipkart Ltd by a fifth, its second cut in four months, reflecting continued investor concerns over the valuations of technology start-ups. The move came ahead of a statement by Flipkart on Friday that it was cutting 300 to 600 additional jobs, after already shrinking its workforce to 30,000 from 33,000 at the start of the year to reduce costs. US-based T. Rowe Price lowered the value..."/>
Flipkart valuation shrinks again; firm reveals job cuts [Mint, New Delhi]
Gannett Co. in South Carolina. Hardy, 42, will be executive editor of The Greenville News. She also will be one of the Gannett's 15 regional editors, leading the southeast and overseeing three other newspapers in Asheville, N.C.; Anderson, S.C.; and Staunton, Va."/>
Virginian-Pilot's managing editor leaves for top job in South Carolina [The Virginian-Pilot]
Arctic Cat lost $10.6 million in the first quarter and downgraded 2016 expectations after sales declined amid a delayed shipment and the weakening power-sports marketplace, officials said Friday. The company's stock price plunged nearly 15 percent Friday as investors digested the latest disappointment. The Plymouth-based maker of all-terrain vehicles and snowmobiles said its long-term restructuring process remains on..."/>
Arctic Cat stock sheds $10.6 million in second quarter [Star Tribune (Minneapolis)]
Rolls-Royce profit falls, it was Britain's new takeaway giant that was among the winners in the markets. Just Eat revenues have soared 59 pc to pounds sterling 171.6 m over the past six months."/>
Daily Mail, London, market report column [Daily Mail, London]
Eads Furniture to close in August [Mail Tribune, Medford, Ore.]
Daily Mail, London, business briefs column [Daily Mail, London]
Brunswick Corp. chairman and CEO, in a media release from the Lake Forest, Illinois-based company."/>
BRIEF: Brunswick reports earnings increase [The News-Journal, Daytona Beach, Fla.]
The Seattle Times Patrick Marshall column [The Seattle Times]
Ruby Tuesday restaurant in Illinois. All 10 Illinois restaurants-- franchises of the Maryville, Tenn.-based casual dining chain-- closed their doors Wednesday, including four suburban Chicago locations. RT Midwest Holdings, a Minnesota-based franchisee that previously reorganized through a Chapter 11 bankruptcy filing in 2012, operated the Ruby Tuesday restaurants in Illinois."/>
Goodbye, Ruby Tuesday: All 10 of the chain's Illinois restaurants abruptly close [Chicago Tribune]
AutoNation reported a 2.7 percent drop in income for the second quarter that ended June 30, even as the quarter brought an all-time record earning-per-share, according to the company's earnings report released Friday. For the quarter, income dropped to $112 million, or $1.08 per share, from $115 million, or $1 per share, during the same period in 2015.. Total revenue, meanwhile, was up 4 percent for the quarter, to $5.4 billion, compared with 2015.."/>
AutoNation's income down 2.7 percent in second quarter [Sun Sentinel]
Cheesecake Factory and take home a free lasagna compliments of Carrabba's!"/>
Freebie Friday: Free beers, chicken wings, lasagna, popcorn and more! [Sun Sentinel]

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