September 27, 2012 |
Another CEO of an electronics retailer is out of a job. RadioShack Corp. said its chief executive, James F. Gooch, was stepping down. The troubled company issued a statement Wednesday saying that Gooch's departure was effective immediately and that an executive search firm had been engaged to find his replacement. Gooch, who had previously been chief financial officer of RadioShack, held the CEO post for less than a year and a half. The strip mall staple's stock tanked more than 80% during his tenure as CEO. In the second quarter, the Fort Worth company suffered a net loss of $21 million, compared with a profit of $24.9 million in the same period a year earlier.
May 18, 2012 |
Did you notice that Mark Zuckerberg's Facebook page updated as he rang the Nasdaq bell Friday morning? Well, that was an "epic" hack. It started with a lunchtime kibbitz and a Facebook post on Monday, Facebook software engineer David Garcia wrote on TechCrunch. Garcia said he posted on his Facebook page, "We should totally hack the button so it pushes an open graph action, 'Mark Rang the NASDAQ bell.'" The very first comment was an unequivocal sign of approval from the big guy himself: "It would be epic if you pulled that off. " With that, Garcia got to work searching for the solution.
May 22, 2011 |
Chris Horner and Levi Leipheimer crossed the finish line Saturday at the top of Mt. Baldy holding hands at the end of Stage 7 of the Amgen Tour of California. Leipheimer, by the margin of a finger, was the winner of the 75.8-mile stage from Claremont to the top of Mt. Baldy, and Leipheimer's RadioShack teammate Horner just about clinched the overall title with only Sunday's 82-mile ride from Santa Clarita to Thousand Oaks as a wrap-up. It took three-time race winner Leipheimer 3 hours 33.01 seconds to ride Saturday's stage.
November 3, 2010 |
Former Lance Armstrong cycling teammate Yaroslav Popovych testified before a federal grand jury in Los Angeles on Wednesday for 90 minutes, according to his attorney Kenneth Miller. "I would say that after he was finished, I don't believe he knows anything about what the grand jury is investigating," Miller said. Popovych, a 30-year-old from Ukraine who rode with Armstrong on teams sponsored by Discovery Channel, Astana and RadioShack, was served with a subpoena after participating in a charity ride in Austin, Texas, for Armstrong's cancer foundation, Livestrong.
July 25, 2010 |
The start of the Tour de France final stage was delayed by 15 minutes on Sunday in a row over Lance Armstrong's jersey. On the last day of his final Tour, the American had hoped he and his RadioShack team mates would be able to wear special black jerseys marked with number 28. That is a reference to the 28 million people Armstrong's Livestrong foundation estimates are living with cancer. A cancer survivor himself, Armstrong has been promoting the Livestrong foundation on the Tour but his final attempt was denied by the International Cycling Union (UCI)
July 14, 2010 |
GAP, France — Sergio Paulinho gave Lance Armstrong's team RadioShack their first victory in the Tour de France when he won the 10th stage here Wednesday. The 2004 Olympic silver medalist was also the first Portuguese to win an individual Tour stage in 21 years and only the fourth rider from his country to do so. Paulinho, who also won a Vuelta d'Espana stage in 2006, outsprinted Belarus' Vasil Kiryienka on the line, while Belgium Dries Devenyns was third, one minute 29 seconds behind.