The Best Buy Company had better-than-expected holiday sales, setting off a gain of $2, or 16.4 percent, in its stock price, to $14.21 a share on Friday. The holiday quarter accounted for about a third of Best Buy’s revenue last year. The chain said that revenue at stores open at least a year fell 1.4 percent for the nine weeks ended Jan. 5. The company’s performance in the United States was flat....
Jan
12
Business Briefing | Retailing: Best Buy Shares Rally on Improved Holiday Sales
Label: Business
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Jan
11
Southbound 5 Freeway at Grapevine reopened
Label: World Southbound Interstate 5 at the Grapevine was reopened Friday morning about 8 a.m. but the northbound lanes remained closed because...
Ford Wants to Teach You Some Off-Peak Electrical Tricks
Label: Technology LAS VEGAS — Electric vehicle owners eager to charge up in the greenest, most economical manner plug in during off-peak hours when rates are lowest. Ford wants to extend the concept of off-peak power to home appliances, further reducing an EV owner’s electric bill and CO2 footprint by allowing them to tap into the cloud and a proprietary power-tracking database.Here at CES 2013, the automaker...
Seattle bankruptcy hearing to decide Tully’s sale
Label: LifestyleSEATTLE (AP) — The auction for beleaguered coffee company Tully’s will likely conclude Friday in federal bankruptcy court, with an ownership group led by actor Patrick Dempsey in position to take over the chain. But Starbucks isn’t’ out of the running.Dempsey — dubbed “McDreamy” in the “Grey’s Anatomy” hospital TV drama — claimed victory last week after an auction.But a company that teamed up with...
The New Old Age Blog: Taking a Zen Approach to Caregiving
Label: HealthYou try to help your elderly father. Irritated and defensive, he snaps at you instead of going along with your suggestion. And you think “this is so unfair” and feel a rising tide of anger.How to handle situations like this, which arise often and create so much angst for caregivers?Jennifer Block finds the answer in what she calls “contemplative caregiving” — the application of Buddhist principles...
DealBook: Client Redemptions Loom for SAC Capital
Label: Business12:46 p.m. | Updated The hedge fund giant SAC Capital Advisors is steeling itself for a possible wave of withdrawal requests from clients amid the government’s intensifying scrutiny of its trading practices.Investors have about a month to decide whether to pull out money from SAC, the $14 billion fund owned by the billionaire investor Steven A. Cohen.While posting one of the best investment track...
Jan
10
Irvine City Council overhauls oversight, spending on Great Park
Label: World Capping a raucous eight-hour-plus meeting, the Irvine City Council early Wednesday voted to overhaul the oversight and spending...
Disk Jockey: Hear Your Favorite Theme Songs Played by a Floppy-Drive Orchestra
Label: Technology While making music with computers is nothing new, it’s rarely quite so literal as the melodies of Youtube user MrSolidSnake74, who transformed eight floppy disk drives into an orchestra of MIDI magic. In the gallery above, you can hear his arrangements based on popular themes from Super Mario Bros, Doctor Who, Ghostbusters, Mega Man, Star Trek: The Next Generation,...
Architecture writer Ada Louise Huxtable, awarded first Pulitzer for criticism, dead at 91
Label: LifestyleLOS ANGELES (TheWrap.com) – Ada Louise Huxtable, the architecture critic who was awarded the first Pulitzer Prize for criticism, has died. She was 91.Huxtable, who was the architecture critic for the New York Times from 1963 to 1982 and, later, the Wall Street Journal, died Monday at Memorial Sloan-Kettering Cancer Center in New York, the Journal reported.Huxtable was a firm believer in the power...
F.D.A. Requires Cuts to Dosages of Ambien and Other Sleep Drugs
Label: HealthThe Food and Drug Administration announced on Thursday that it was requiring manufacturers of popular sleeping pills like Ambien and Zolpimist to cut their recommended dosage in half for women, after laboratory studies showed that they can leave people still sleepy in the morning and at risk for accidents. The agency issued the requirement for drugs containing the active ingredient zolpidem,...
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