| Dec 19, 2013
| 8:42 AM
Darden Restaurants Inc. said it would separate itself from its Red Lobster business while halting expansion at Olive Garden and stopping acquisitions “for the foreseeable future.”
Orlando, Fla.-based Darden has struggled recently along...
| Dec 16, 2013
| 2:16 PM
People living near the new Expo Line started taking transit more and driving significantly less, a University of Southern California study has found.
This study, apparently the first of its kind for a major California transportation project, should be...
| Dec 13, 2013
| 10:27 AM
There appears to be no better way to get your current company to show just how much it loves you than by becoming the source of rumors that you're in the running to be the next CEO of Microsoft.
On Thursday came word via Bloomberg that Qualcomm Chief...
| Nov 25, 2013
| 7:38 PM
Wal-Mart Stores Inc.'s board members Monday elected a new chief executive and president to succeed Mike Duke, 63, in a transition that had been rumored for months as the retailer struggled with slow sales growth.
Doug McMillon, 47, is scheduled to...
| Nov 25, 2013
| 7:13 AM
Wal-Mart Stores Inc.’s board members on Monday elected a new chief executive and president to replace Mike Duke, 63.
Doug McMillon, 47, is scheduled to take the reins on Feb. 1, the company said, about four years after Duke stepped into the...
| Oct 20, 2013
| 8:05 PM
Walnut Creek, Calif.--On Sunday evening, more than 100 Bay Area Rapid Transit employees gathered for a candlelight vigil to remember two workers who were struck and killed over the weekend by a commuter train while conducting a track inspection. ...
| Oct 20, 2013
| 6:13 PM
The investigation into the deaths of two maintenance workers who were struck and killed by a Bay Area Rapid Transit train during a routine track inspection could take a year or longer, a federal investigator told reporters Sunday.
“We will be...
| Oct 3, 2013
| 5:58 PM
SAN FRANCISCO -- As Twitter made public its stealth filing for an initial public offering, it parted with some of its Silicon Valley brethren by saying it would only issue one class of shares, meaning it plans to give all shareholders a vote.
| Jul 26, 2013
| 6:05 PM
The FBI and other law enforcement agencies have formed a task force to investigate allegations of public corruption in Orange County, an FBI spokeswoman said Friday.
The Orange County Corruption Task Force was formed in April and includes the FBI, IRS, ...
| Jun 24, 2013
| 4:16 PM
Men’s Wearhouse Inc. founder George Zimmer is resigning from the board of directors that last week abruptly stripped him of his role as executive chairman.
Although the Fremont retailer never explained the rationale for the sudden removal,...
| Jun 11, 2013
| 9:48 AM
Theo Kingma has been elected president of the Golden Globe Awards' governing body the Hollywood Foreign Press Assn. for the 2013-14 year at the organization's annual election meeting Monday.
Kingma replaces Aida Takla-O'Reilly, who was voted onto the...