October 15, 2013 |
Apple Inc. announced Tuesday that Burberry Chief Executive Angela Ahrendts will run its retail division, including online and retail stores. Ahrendts will become the only woman among Apple's top executive ranks , reporting directly to Apple Chief Executive Tim Cook. "I am thrilled that Angela will be joining our team," Cook said in a statement. "She shares our values and our focus on innovation, and she places the same strong emphasis as we do on the customer experience.
October 15, 2013 |
This has been a good year for Mary Jo White, the new chair of the Securities and Exchange Commission, and not such a good one for Apple Inc. Chief Executive Tim Cook and New York hedge fund manager Bill Ackman. That's the view of Worth magazine, which pegged White as the most powerful person in finance, ahead of President Obama and Fed Chairman Ben S. Bernanke. The magazine this week released an updated list of the 100 most influential people in finance, introducing White at the top of the list, while Cook and Ackman got the ax. Bill Gates, Peter Thiel and Warren Buffett fell, but stayed in Worth's top 100. STOCK SPOTLIGHT: Profiles of Southern California public companies “This year's list is compelling in many ways, starting with the fact that a woman, SEC Chair Mary Jo White, holds the top spot for the first time,” said Worth's editor, Richard Bradley.
October 15, 2013 |
In Britain, Angela Ahrendts is a big name. She's an Indiana native whose career in the fashion industry led her to take the chief executive job at Burberry and revive its sagging fortunes. However, in her homeland, she's less well known. She can be found quite often hobnobbing with tech leaders from Silicon Valley. And when giving talks, she frequently has an iPad in her hand or a Macbook on the podium. Apple Chief Executive Tim Cook said he just met Ahrendts in January. In an email to Apple employees, Cook wrote: "We met for the first time last January, and I knew in that meeting that I wanted her to join Apple," Cook wrote.
October 10, 2013 |
She's helped Zooey Deschanel identify the sound of rain . She's helped Samuel L. Jackson find organic mushrooms for his risotto. Now Susan Bennett, the woman coming forth as the voice of Apple's steadfast assistant Siri, is going to answer our questions (and yours ) today in a live chat. But it looks like Bennett took driving directions from Siri because she's going to be a bit late. The chat will now start at 3:00 p.m. Pacific. Apple recently updated its mobile operating software, iOS 7, replacing the original Siri voice in the U.S. with a male and new female voice.
October 4, 2013 |
Fiona Apple launched a month-long North American tour Thursday night in Portland, Ore., and though the show reportedly began well, things evidently devolved when a heckler provoked the famously irascible singer. "Get healthy -- we want to see you in 10 years," a woman in the audience at the Newmark Theatre called out near the end of the concert, according to David Greenwald of the Oregonian. That weirdly passive-aggressive comment led Apple to respond, "I am healthy," Greenwald wrote . Then the singer apparently unloaded on the woman, which in turn inspired another audience member to call Apple "a has-been.
October 3, 2013 |
Securities regulators filed a series of letters on Thursday in which they raised questions about disclosures by Apple Inc. of its Irish tax strategies. Ultimately, the U.S. Securities and Exchange Commission took no action against Apple, which agreed to change some of the language in its securities filings to provide more information for investors. Still, the review revealed in Apple's SEC filing is the latest round of scrutiny the company has faced for its controversial overseas tax strategies.
October 2, 2013 |
You know it's fall when all those colorful varieties of apples start showing up in the market. It's hard not to want to snag a few of each to try out in the kitchen. But how do you tell which apples are best for a specific use? Which apples are best for eating, and which ones are best for cooking and baking? Food editor Russ Parsons explored the often perplexing apple question in a column he did on heirloom apples just a few autumns ago: "The world of apples is supposedly divided cleanly in two: cookers and eaters.
October 1, 2013 |
Shareholder activist Carl Icahn broke bread with Apple Chief Executive Tim Cook on Monday to make his case that the company's record stock buyback program was still not enough. Icahn revealed in August that he had purchased about $1 billion worth of Apple's shares. Earlier this year, Apple announced that it had increased its dividend and stock buyback program to more than $100 billion, including $60 billion to buy back shares of the company's stock. Icahn said in his tweet Tuesday that he wants to see the buyback portion increased even further: Had a cordial dinner with Tim last night.