July 24, 1990 |
Reflecting increased spending for new product development and a decline in federal grants for medical research, Beckman Instruments' second-quarter earnings fell 25%, to $8.6 million from $11.4 million a year earlier, the company said Monday. The Fullerton-based manufacturer of medical diagnostic and life science research instruments has struggled with declining sales and earnings since SmithKline Beckman Corp. spun off the unitas an independent public company in July, 1989.
November 3, 1995 |
In a dramatic effort to pull itself out of virtual free fall, AST Research Inc. on Thursday announced that its beleaguered co-founder and chairman, Safi Qureshey, will step down as chief executive in favor of former Apple Computer executive Ian Diery.
December 11, 2013 |
Mary Barra, who started at General Motors Co. as a teenager and played a key role in the automaker's post-bailout turnaround, will become the first female chief executive in the company's history. Despite the groundbreaking nature of her appointment, announced Tuesday, Barra in many ways represents the ultimate insider. The Michigan-born daughter of a Pontiac die-maker, Barra grew up loving Camaros and Firebirds and brought deep knowledge of engineering and production to her three decades at the nation's largest automaker.
March 9, 1999 |
Because of a production error, the beginning of this story did not appear in Monday's Los Angeles Times. Here is the article in its entirety. Here's the burning question that tortures a multitude of geeks and marketers in Silicon Valley: "With so many instant millionaires around here, why ain't I one of 'em?" Guy Kawasaki, the original Macintosh evangelist and now chief executive of Palo Alto-based Garage.
April 8, 1991 |
In the low, rolling hills here behind the city of Taejun, 100 miles north of Seoul, is a spacious research park marked by wide, empty roads winding past soccer fields, parks and an occasional fenced-in government compound. After the bustle of Seoul, it feels almost deserted. It nearly was. Taedok Science City was planned 18 years ago on the model of Silicon Valley to be a "cradle" of research, bringing together the best Korean minds from academic, government and private research institutes.
September 29, 1999 |
Sculpting the faces of her collectible Hawaiian dolls or designing their intricate costumes of grass skirts, flower-print dresses and tiny leis, Patty Kanaar is happy to be able to combine her love for the cultures of the South Pacific with her fine arts training. She's less pleased about the state of her company, Hei Mana Creations, which seemed to be on a growth curve before sales slowed, hitting only $80,000 last year.
December 12, 2000 |
3Com Corp., a maker of equipment to link computers, gave Broadcom Corp. the right to purchase about 2% of its stock and formed a development alliance with the Irvine maker of communications chips. Broadcom will receive a warrant to acquire 7.1 million shares in Santa Clara-based 3Com over two years, Henry T. Nicholas III, Broadcom's chief executive, said in an interview. Broadcom stock rose $14.63, or 11%, to close at $142.81 a share in Nasdaq trading. 3Com shares rose 34 cents to $9.97.
November 14, 2001 |
General Motors Corp.'s new vice chairman and product czar, Robert A. Lutz, was named head of GM North America on Tuesday, signaling an attempt by the world's largest auto maker to return product design and development to the forefront of its business. Lutz replaces Ronald L. Zarrella, who is leaving the company after seven years to become chief executive at his old employer Bausch & Lomb Inc., the optical products maker. Lutz, 69, was a longtime top executive at the former Chrysler Corp.
August 6, 1996 |
AmeriQuest Technologies Inc., a computer products developer and distributor, said Monday it will move its corporate headquarters to Florida and lay off more than 60 workers as it struggles to regain profitability. The company's CMS Enhancements subsidiary, which makes computer disk drives, will remain in Anaheim and will not be affected by the changes. The Santa Ana-based company disclosed its plans while reporting financial results for its third fiscal quarter.
December 12, 1989 |
Perestroika has hit Switzerland's once-moribund watch industry: a recently launched wristwatch has a hammer and sickle for hands and a red dial with Russian lettering. The perestroika model illustrates how sharp marketing with an eye for fashion have helped restore Swiss power in world watch markets. Swiss watchmakers are headed for their third straight year of record revenue, buoyed by the success of the plastic-case Swatch, a quartz-controlled timepiece in trendy designs.