Industry News

SolarCity will lay off 108 employees from two California offices, as the company struggles with costs and prepares for a takeover from Tesla Motors. The company will cut 80 employees from its San Mateo headquarters and another 28 from its San Francisco facility. The layoffs are expected to begin Oct. 19, according to a filing with the state."/>
SolarCity to lay off 108 workers in San Mateo, San Francisco [Mercury News]
Delphi Automotive and Mobileye, two leading suppliers of autonomous vehicle technology, will collaborate on a broader system that should enable vehicles to achieve full, or Level 4, autonomy by 2019.. Mobileye is the Israeli-based developer of computer vision systems, mapping and machine learning algorithms. Delphi, with a large technical center in Troy, has already created a system of driving software, sensors and radar that has guided a fleet of Audi SQ5's on several..."/>
Delphi, Mobileye team up for Level 4 self-driving tech [Detroit Free Press]
Fenix Parts, Inc. announced today that it has received a non-compliance notice from The Nasdaq Stock Market stating the Company is not in compliance with Nasdaq Listing Rule 5250 (c) because it has not timely filed its Form 10- Q with the Securities and Exchange Commission for the quarter ended June 30, 2016. On August 16, 2016, the Company filed a Form 12 b-25, extending the SEC filing date to August 22, 2016, but was unable to file its 10- Q by the..."/>
Fenix Parts Receives Letter From Nasdaq Relating to its Delayed 10-Q Filing
Back to School Means Powering up the Computer
CST Brands Inc. announced Tuesday that its board of directors has approved an offer from Alimentation Couche-Tard Inc. for its 2,000 gas and convenience stores, clustered primarily in the Southwest with some locations in Florida, Georgia, New York and eastern Canada. In 2011, Alimentation Couche-Tard Inc. bought 19 gas and convenience stores owned by..."/>
Parent company of Circle K stores buying Texas rival [Portland Press Herald, Maine]
Comcast Corp.-owned NBCUniversal will fold DreamWorks Animation into its Universal films business but retain the DreamWorks campus and studios in Glendale, Calif., the companies said Tuesday. In April, Comcast agreed to buy the entertainment firm that produced Shrek, Kung Fu Panda, and other animated features for $3.8 billion. That deal closed on Monday."/>
Comcast's NBCUniversal to absorb DreamWorks into Universal films unit [The Philadelphia Inquirer]
Aramark was one of three major food-service companies to receive a passing grade, barely, for seafood sustainability in a report issued Tuesday by the enviromental organization Greenpeace. Aramark and its biggest competitors, Sodexo USA and Compass Group USA, were the only three firms of 15 surveyed by Greenpeace to participate fully in the analysis, which looked at the companies' policies on wild and farm-raised seafood, labor practices of suppliers, traceability, and..."/>
Greenpeace gives Aramark a (barely) passing grade on sustainable seafood [The Philadelphia Inquirer]
Singapore Exchange for pounds sterling 77.6 m, or pounds sterling 160.41 per share."/>
Daily Mail, London, business briefs column [Daily Mail, London]
Daily Mail, London, market report column [Daily Mail, London]
China Online Education Group, a leading online education platform in China with core expertise in English education, today announced its participation in the following investor conferences:. Credit Suisse Asia Internet C-Level Conference, August 25, at Credit Suisse's office in the International Commerce Centre in Hong Kong. Morgan Stanley China Internet& E-Commerce Conference, August 29, at the Rosewood Hotel in Beijing.."/>
China Online Education Group to Participate in Upcoming Investor Conferences
Lear Corporation, a leading global supplier of automotive seating and electrical systems and the world's largest provider of premium automotive leather, recently announced that it has signed an investment agreement with the Administrative Commission of Yangzhou Economic& Technological Development Zone to construct a state-of-the art premium leather processing plant in Yangzhou, China. "With 81 locations across Asia including..."/>
Lear Signs Investment Agreement for a New Leather Plant in Yangzhou
EnerSys will replace DreamWorks Animation SKG Inc. in the S&P MidCap 400, and Wabash National Corp. will replace EnerSys in the S&P SmallCap 600 after the close of trading on Thursday, August 25. S&P 500 constituent Comcast Corp acquired DreamWorks Animation in a deal completed today. EnerSys manufactures, markets, and distributes industrial batteries."/>
EnerSys to Join S&P MidCap 400; Wabash National to Join S&P SmallCap 600
DSW Inc., a leading branded footwear and accessories retailer, is pleased to announce a new DSW located at:. Trails at Silverdale 11467 Pacific Crest Place NW Silverdale, WA 98383. The new store will be stocked with name-brand and designer shoes and accessories at an extraordinary value, arranged in a convenient, self-service type experience."/>
DSW Announces New Store in Silverdale, WA
DSW Inc., a leading branded footwear and accessories retailer, is pleased to announce the opening of 21 new stores nationwide this fall. "New store growth is an important and exciting piece of the DSW formula. It allows us to bring the brand to more communities and build relationships with new customers."/>
DSW Announces 21 New Stores to Open Fall 2016
DSW Inc., a leading branded footwear and accessories retailer, is pleased to announce a new DSW in Salinas opened on Thursday, August 18, 2016.. Northridge Mall 870 Northridge Center Salinas, CA 93906. The new store will be stocked with name-brand and designer shoes and accessories at an extraordinary value, arranged in a convenient, self-service type experience."/>
DSW Announces New Store in Salinas, CA

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