St. Regis Crystal Merges with K&R Precision Corp.

St. Regis Crystal, the Cheektowaga, New York-based parent company of a group of promotional suppliers, including Chicago-based R.S. Owens and Elliot Lake, Ontario-based Prestige Glass International, announced this morning that it has finalized an agreement to merge with Cheektowaga, New York-based K&R Precision Corp. K&R Precision Corp. will move its operations to St. Regis Crystal’s manufacturing…

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Microsoft Acquires LinkedIn

Microsoft, Redmond, Wash., announced today that it has acquired Mountain View, California-based LinkedIn for $196 per share (a 49 percent increase since Friday) in an all-cash transaction worth $26.2 billion. According to a statement from Microsoft, LinkedIn will retain its brand, culture and independence. Jeff Weiner, CEO of LinkedIn, will remain in his position and…

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Canadian Officials Urge US to Use its Method of Preventing Counterfeiting

After this year’s Super Bowl, Immigration and Customs Enforcement agents seized an estimated $39 million worth of counterfeit Super Bowl items. NHL officials just warned hockey fans last week to be on the lookout for counterfeit Stanley Cup merchandise. Heck, even AC/DC asked U.S. marshals to stop counterfeiters from selling items outside of their concerts.…

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Bonnaroo Bans (and then Unbans) Single-use Water Bottles

Bonnaroo, the famous music festival that takes place in the middle of the Tennessee summer heat, now will allow factory-sealed single-use water bottles within the concert area after initially barring them from the festival. Previously, according to The Tennessean, the festival decided this year to only allow empty water bottles into the concert area. This…

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Company Creates Biodegradable Catering Items

SelfEco, a Stillwater, Minnesota-based party and catering ware supplier, has created a new line of compostable party items, including drinkware, catering ware and cutlery. According to a press release, SelfEco introduced…

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