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BUSINESS
July 7, 2010 | By Nathaniel Popper, Los Angeles Times
Last fall, like so many Americans before him, Josh Reich ended up in a frustrating game of phone tag with JPMorgan Chase over a bill, this one about escalating fees and other bank errors involving his home equity loan. Unlike most Americans, Reich decided to respond not by complaining but rather by contacting a friend from business school and convincing him that they could start their own bank, one that would challenge the old way of doing business. "The idea of starting it came from the realization that banks in America make money by keeping their customers confused," Reich said at the offices of BankSimple, as the product of that inspiration is known.
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NEWS
October 31, 1999
It would be a great idea if, whenever you want your subscribers' opinions, you give them the opportunity to offer their opinions online. The recent comics opinion survey would have been much easier if you could have had the same online survey form available so that myself and others could have offered our opinions in an easy, less troublesome way than snail mail. I wanted to participate in this survey, but not if I have to go to the trouble and expense of filling it out by hand, putting on a stamp (at my expense)
BUSINESS
December 2, 2013 | By Tiffany Hsu
Machinery was purring gently. Boxes of Samsung televisions were stacked like blocks atop pallets on a glossy concrete floor. A shift supervisor waved jauntily as he zipped by on a red motorized chariot. At 10 a.m. at the Target.com fulfillment center in Ontario, all seemed peaceful - even though it was a record-setting Cyber Monday. And this year, the online world's answer to Black Friday was attracting nearly as many shoppers as the four-day retail frenzy that preceded it. "It never really feels like chaos," general manager Melissa Montgomery said of the annual online shopping event.
BUSINESS
August 6, 2009 | TIMES WIRE REPORTS
United Online Inc. posted a second-quarter profit of $17.7 million, or 21 cents a share, compared with $12.8 million, or 18 cents, a year earlier. Revenue surged 113% to $260.8 million. The Woodland Hills Internet company's results were helped by the acquisition last year of FTD Group Inc. Before the earnings news, United Online shares fell 2 cents to close at $9.02.
BUSINESS
February 12, 2009 | From Times Wire Reports
Blockbuster Inc. plans to allow some customers to rent video games on the Internet. The pilot program will begin during the second quarter and be available to subscribers of its Total Access service. Blockbuster plans to make online video-game rentals available nationally in the second half of the year, the Dallas-based company said.
BUSINESS
June 15, 1997
I must disagree with "Online IPOs Falling Short of Expectations" (May 26). The online IPO has proven to be a viable and practical vehicle for investors and small corporations. The real issue is the historic role this market segment plays in the industry--a role that is expanding very fast. As the Internet forges ahead, pushing the old school to the side, the phenomenon of the online stock offering cannot be merely dismissed or looked at as the "red-headed stepchild" of the online financial services industry.
IMAGE
August 17, 2008 | Emili Vesilind, Times Staff Writer
There's been a lot of talk about bricks-and-mortar stores launching online, but not so much about online stores launching in bricks and mortar. This Saturday, Revolve Clothing -- the online store that specializes in contemporary labels such as Rock & Republic, Joie and Whitley Kros -- is opening on Melrose Avenue, bringing some of the most compelling things about the point-and-click experience to the shopping trip experience. One of the most powerful tools online retailers have is the ability to tailor their home pages to the whims of fashion, building a "display" of skinny jeans the day after Ashlee Simpson has been photographed wearing them, or telling a trend "story" by pulling out images of plaid accessories.
OPINION
November 9, 2012 | By Pico Iyer
SANTA BARBARA -- There was once a little bookstore, tucked into an unglamorous mall on the wrong side of town, where few visitors were likely to stumble upon it. Its owner had opened a small shop in 1974 with a modest bequest from her mother, and she and her husband had had to dip into their life insurance funds to keep it going. People from across the county drove for miles to buy books there - and to see friends, to pick up free copies of the New York Times Book Review, to special-order out-of-print works no one else could be bothered to find.
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