Jewel-Osco stores will be sold to a consortium of investors led by Cerberus Capital Management, Jewel's parent Supervalu said...
Jan
09
Baseball Hall of Fame to render verdict on Steroid Era
Label: World Jon Keller reports ...
Why bother with a Facebook phone? Facebook’s app is already on 86% of iPhones and iPads
Label: TechnologyRumors suggesting Facebook (FB) is working on a smartphone have resurfaced a number of times over the past year. Each time, Facebook denied the various claims. Facebook may indeed still be working on its own phone but as a new report from market research firm NPD Group shows, it probably doesn’t need to.[More from BGR: Is Samsung the new Apple?]Facebook makes money by gathering information about its...
Oprah to interview Armstrong for Jan. 17 show
Label: LifestyleLOS ANGELES (AP) — Lance Armstrong has agreed to an interview with Oprah Winfrey in which he is to address allegations he used performance-enhancing drugs during a career in which he won seven Tour de France titles.According to Winfrey’s website on Tuesday, this will be a “no holds-barred interview.” It will be the first with Armstrong since his cycling career crumbled under the weight of a massive...
Lampert plans to be a new kind of merchant
Label: Business He's been a big-time investor in the retail sector for more than 15 years and was chairman of Kmart after it emerged from bankruptcy about a decade ago. A few years later, he paired it with once-dominant Sears.Yet even as Eddie Lampert is poised next month to add the role of chief executive to that of chairman at retail giant Sears Holdings, he's...
Jan
08
Brown's Chicken killings: 20 years ago today
Label: World Seven people were found shot to death at Brown's Chicken & Pasta in Palatine on Jan. 8, 1993. Juan Luna and James Degorski...
Target to match some rivals’ online prices year-round
Label: Technology(Reuters) – Target Corp said on Tuesday it will match on a year-round basis the prices found on the websites of key rivals Amazon.com Inc, Best Buy Co Inc, Wal-Mart Stores Inc and Toys R Us, its latest tactic to hold onto shoppers focused on price.The move extends an online price-matching program that Target introduced over the holiday season and which was supposed to last only from November 1 to...
‘Downton,’ ‘Girls,’ ‘Idol’ and more this January
Label: LifestyleNEW YORK (AP) — Where once the post-holiday schedule was a blizzard of chilly reruns, January is aburst with premieres and finales.Already, the much-adored British miniseries “Downton Abbey” has made its much-awaited season return Sundays on PBS.On IFC on Fridays, the hilarious “Portlandia” is back for its third season of sketch comedy poking fun at the peculiarities of Portland, Ore., starring Fred...
Health Spending Growth Stays Low for 3rd Straight Year
Label: HealthWASHINGTON — National health spending climbed to $2.7 trillion in 2011, or an average of $8,700 for every person in the country, but as a share of the economy, it remained stable for the third consecutive year, the Obama administration said Monday. The rate of increase in health spending, 3.9 percent in 2011, was the same as in 2009 and 2010 — the lowest annual rates recorded in the 52 years...
Sears CEO D'Ambrosio to step down
Label: Business Sears Holdings Corp. said Monday night that Chief Executive Officer Louis D'Ambrosio will step down Feb. 2, due to family health...
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