Archive for January 13, 2012
January 13, 2012 | 
Author Hoping to offset a disappointing holiday season, Target is relying on some tried and true designer partnerships to bring more of its core customers through the doors and testing the waters with cult favorite Apple, in an effort to attract new ones.
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Shares of electric car maker Tesla Motors fell nearly 20% Friday after the company announced the departure of a top executive. Ricardo Reyes, Tesla’s vice president of communications, said in a statement Friday that Peter Rawlinson, Tesla’s vice president and chief engineer, “has decided to step away to tend to personal matters in the UK.” Nick Sampson, who supervised vehicle and chassis engineering, also left the firm earlier this month, Reyes added. Tesla’s Model S, billed as “the first premium sedan to be built from the ground up as an electric vehicle,” is scheduled to hit the market in the middle of this year. Sampson “had fully transitioned off the Model S at the time of his departure,” Reyes said. Tesla shares were flat for most of the day Friday before plunging in the afternoon following the news. The company went public in June 2010, pricing shares at $17 each and raising $266 million. It closed Friday at $22.79 after opening at $28.40, though it began to make up some of those losses in after-hours trading.
President Barack Obama’s proposal to consolidate several agencies, including the Small Business Administration, aims to streamline government, but some worry about tossing big and small corporations together.
In the wake of a scare affecting imports of orange juice, growers and juice companies in Florida are reminding customers their product isn’t from abroad.
America’s foolish love affair with the automobile
My wife and I moved from the San Francisco area to Colorado about 10 years ago. Now when I go back to visit our adult children and grandchildren the first thing I notice is the number of single occupant cars clogging the freeways. Of course the difference in population densities is huge. There are only about 5.5 million humans in Colorado. Where I used to live I could probably see that many by standing on the roof of our house.
Skechers, the athletic shoe company, has unveiled the star of its upcoming Super Bowl commercial — and it’s not Kim Kardashian.
Automakers, while embracing current computer innovation such as dashboard touchscreens and voice-control interfaces, also are keeping an eye further down the road as well.
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Angry crowds, closed stores and halted sales. The official introduction of Apple's iPhone 4S in mainland China wasn't meant to turn out like this.
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Talks over a deal to write down Greek government bonds have been put on “pause,” according to the industry group representing private sector investors and banks in Greece.
