August 11, 2013
Chris Erskine's story ["Roll on By," July 28] brought back remembrances of a trip my husband and I shared 10 years ago. Our train was filled with Australians as well. On Day 2 one jumped up, pointing in the distance and yelling "BARR!" Their cameras followed. Their enthusiasm was wild. I whispered to my husband, "That's a tree stump; bears do not lie still on the ground for that long!" They didn't hear it from me. When we picked up our rental car for the drive to Coeur d'Alene, Idaho, we were warned that bears do graze along the roadside.
May 23, 2013 |
Jennifer Lopez: actress, singer, dancer, fashion designer, and now, mobile phone mogul. The entertainer announced Wednesday that she had teamed up with Verizon Wireless to launch a new mobile brand, including retail stores, aimed at the fast-growing Latino population. Viva Movil by Jennifer Lopez has already begun to sell smartphones, tablets and Verizon wireless plans on its own website. More than a dozen stores in cities with large Latino populations including Los Angeles and Miami are expected to be announced in the next few weeks, with the first to open June 15 in New York.
February 27, 2013 |
J.C. Penney Co. is falling deeper into a rut, reporting yet another quarter of tanking sales and net loss as the department store chain struggles in its reinvention. The Plano, Texas, company reported a net loss of $552 million, or $2.51 a share, in its fiscal fourth quarter, which ended Feb. 2. During the same period a year earlier, it lost $87 million, or 41 cents a share. Revenue plunged 28.4% to $3.9 billion. Same-store sales, which track revenue at locations open at least a year and are less volatile, plummeted 31.7%.
February 5, 2013 |
After struggling for years to remake itself, Dell Inc. has announced it will be taken private in a deal valued at about $24.4 billion. Under the terms of the agreement, the Round Rock, Texas, company will be acquired by Dell founder and Chief Executive Michael S. Dell and global technology investment firm Silver Lake. Microsoft Corp. will invest $2 billion in the deal, a move the Redmond, Wash., company said it was undertaking to help support "the long-term success of the entire PC ecosystem.
December 10, 2012 |
Wall Street has dished up a heavy serving of doom and gloom for McDonald's Corp. in recent months as the world's largest restaurant company missed analyst expectations, suffered profit slumps and shuffled its roster of executives But the fast-food giant caught a break Monday, announcing better-than-expected November sales that gave its stock price a boost. Last month, same-store sales worldwide rose 2.4% after plunging 1.8% in October -- the first monthly slide in nine years.
December 3, 2012 |
The Melt, a young Bay Area grilled cheese chain with a Silicon Valley pedigree, is betting that health-conscious Angelenos will embrace its comfort-food offerings as it expands in Southern California this month. On Dec. 15, the chain will launch in the heart of Hollywood at the intersection of Sunset Boulevard and Vine Street. Visitors who find a special password on the company's Facebook page will get a free sandwich and soup combination on opening day. The Melt will open another eatery at Figueroa and 7 th streets downtown on or before Dec. 15. Instead of food trucks, the Melt will start running two buses around Los Angeles to serve its food at roughly the same time.