With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy releases you might have missed.
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Apple Overtakes Google for the Top Spot in the 10th Annual Brandz Top 100 Most Valuable Global Brands Ranking
Apple has overtaken Google to reclaim the title of “world’s most valuable brand” in the 2015 BrandZ Top 100 Most Valuable Global Brands, released on May 26 by WPP and Millward Brown.
Apple has increased its brand value to $247 billion, a rise of 67% year on year. Google (no. 2) also grew, achieving a 9% value increase to reach $173.7 billion. Microsoft, now worth $115.5 billion, is the new no.3, rising one position with value growth of 28%. See the full release to learn what other companies and brands made the list.
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Charter Communications to Merge with Time Warner Cable and Acquire Bright House Networks
Charter Communications Inc. (together with its subsidiaries “Charter”) and Time Warner Cable Inc. announced on May 26 that they have entered into a definitive agreement for Charter to merge with Time Warner Cable.
The deal values Time Warner Cable at $78.7 billion. Charter will provide $100 in cash and shares of a new public parent company (“New Charter”) equivalent to 0.5409 shares of Charter for each Time Warner Cable share outstanding. The deal values each Time Warner Cable share at approximately $195.71 based on Charter’s market closing price on May 20, or approximately $200 based on Charter’s 60-trading day volume weighted average price. See the full release to learn more about the terms of the deal.
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10 U.S. Cities Now Have 1 Million People or More; California and Texas Each Have 3 of These Places
San Jose, Calif. is now among the 10 U.S. cities with a population of 1 million or more, according to estimates released on May 21 by the U.S. Census Bureau. California now has three cities with 1 million or more people (Los Angeles, San Diego and San Jose), tying Texas (Houston, San Antonio and Dallas) for the lead among states. See the full release to learn which other cities made the list.
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Lassa Fever Confirmed in Death of U.S. Traveler Returning from Liberia
The CDC and the New Jersey Department of Health have confirmed a death from Lassa fever, which was diagnosed on May 25 in a person returning to the U.S. from Liberia. The patient traveled from Liberia to Morocco to JFK International Airport on May 17. See the full release to see the full statement and learn more about the case.
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Pizza Hut Announces New Brand Standards for Ingredients
Pizza Hut announced plans on May 26 to make changes to its ingredients brand standards, beginning with the removal of artificial flavors and colors from its nationally available pizzas by no later than the end of July. It’s the first national chain to make this commitment.
For more than a year, the Pizza Hut culinary team has been working alongside its suppliers to reformulate its menu, removing many of the artificial additives that have become common across the industry supply chain. The effort has meant continuous testing and redevelopment of products, all done to preserve the flavor people have come to expect from the brand, but also to meet the desire of today’s customers who seek to know more about what’s in their food. See the full release to see more about Pizza Hut’s menu plans.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.