September 19, 2013 |
Joy Covey, who helped take Amazon.com Inc. public as the Internet retailer's chief financial officer, died Wednesday when her bicycle collided with a van on a downhill stretch of road in San Mateo County. She was 50. Covey was riding her bicycle down Skyline Boulevard near Portola Valley, according to Art Montiel, a spokesman for the California Highway Patrol in Redwood City. She was pronounced dead at the scene. The San Mateo County coroner's office confirmed her identity. Covey, who lived in Woodside, was wearing a helmet, Montiel said.
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.