April 12, 2011 |
You're a tech start-up with no money but you need an office. Coloft in Santa Monica is emerging as a solution, offering shared work spaces, office equipment — and valuable intangibles. "It's sort of like a real-life social network," said Coloft co-founder Cameron Kashani. "We've got the printer, scanner, fax, Wi-Fi, fridge, microwave, coffee. But that's not the reason people come here. People come here because of the community, because of the other people that are here. " And, on any given weekday, a walk into Coloft offers up a taste of the L.A.-area's start-up scene, with entrepreneurs working side by side, sometimes offering each other advice and occasionally even collaborating on projects.
April 25, 2009 |
Xerox Corp. met lowered expectations for first-quarter earnings, but it said slower spending on printing equipment and supplies continued to hurt sales. The company earned $42 million, or 5 cents a share, in the quarter, topping Wall Street forecasts by a penny, according to Thomson Reuters. It had a loss of $244 million, or 27 cents, a year earlier, when it had a hefty litigation charge. Xerox shares rose 21 cents, or 3.7%, to $5.95.
CALIFORNIA | LOCAL
August 27, 2007 |
A lobby window at Long Beach City Hall was smashed sometime late Friday or early Saturday and office equipment was stolen from two floors, police said. A security guard discovered the shattered first-floor window on Ocean Boulevard and called police about 6 a.m. Saturday, reporting it as vandalism. But a check of the building revealed missing office equipment from the first floor as well as the 14th floor, where a glass door was broken to gain access to a common area.
CALIFORNIA | LOCAL
December 5, 2004 |
When U.S. Army Maj. Daniel E. Fricke visited police stations in Iraq this year, he was surprised by what he didn't see -- flak jackets, gun belts, flashlights and batons. As a sergeant with the Los Angeles School Police Department, which serves the Los Angeles Unified School District's 1,042 campuses, he knows how difficult it is to conduct police work even under the best circumstances. But the police departments in northern Iraq that he helped train were severely under-equipped, Fricke said.
October 3, 2001 |
Struggling copier maker Xerox Corp. said Tuesday that it has agreed to sell its office equipment manufacturing business to Flextronics International Ltd. of Singapore for about $220 million as part of an effort to return to profitability. The sale will cut Xerox's total production roughly in half and save $1 billion in annual costs. About 4,900 Xerox jobs will be transferred to Flextronics, and 1,100 more will be cut, said Christa Carone, spokeswoman for the Stamford, Conn.-based company.
June 15, 2001 |
Xerox Corp. said Thursday that it is exiting the small-office equipment business, which accounts for 3% of revenue but is draining profit. It will eliminate as many as 1,050 jobs in the process. The move is intended to help the No. 1 copier company steer clear of steep financial losses without abandoning any of its core businesses in the office printing industry. The job cuts represent about 1.2% of its overall work force. Xerox, based in Stamford, Conn.