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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Former Lab Technician Denies Faulty DNA Work in Rape Cases
Label: HealthA former New York City laboratory technician whose work on rape cases is now being scrutinized for serious mistakes said on Friday that she had been unaware there were problems in her work and, disputing an earlier report, denied she had resigned under pressure. The former lab technician, Serrita Mitchell, said any problems must have been someone else’s. “My work?” Ms. Mitchell said....
Former Lab Technician Denies Faulty DNA Work in Rape Cases
Label: LifestyleA former New York City laboratory technician whose work on rape cases is now being scrutinized for serious mistakes said on Friday that she had been unaware there were problems in her work and, disputing an earlier report, denied she had resigned under pressure. The former lab technician, Serrita Mitchell, said any problems must have been someone else’s. “My work?” Ms. Mitchell said....
Gadgetwise Blog: Project Basement: The Receiver
Label: TechnologyMy search for a receiver is over.As I had said in a previous installment, buying a receiver used to be easy. You got the one that sounded best in your price range, period. Now, connections are the first concern — will you have enough HDMI slots for the next few years?That said, I couldn’t make the purchase based on connectors and specifications alone. This is, after all, audio equipment. How could...
IHT Rendezvous: Hostages Caught Up in France's African Intervention
Label: WorldLONDON — The widespread satisfaction expressed in France at the government’s decision to intervene militarily against Islamic militants in Mali was tempered on Saturday by news of a failed overnight French hostage rescue mission on the other side of Africa.After reports emerged from Somalia of a helicopter-borne commando raid in the south of the country, Jean-Yves Le Drian, the French defense minister...
Jan
11
DealBook: Wells Fargo Profit Jumps 24% in Fourth Quarter, Driven by Mortgages
Label: Business8:46 a.m. | Updated Wells Fargo on Friday reported $5.1 billion in profit for the fourth quarter, a 24 percent increase, driven by the bank’s lucrative mortgage business.Seizing on low-interest rates that have spurred a flurry of refinancing activity, the San Francisco-based bank again notched record profits. For the last 12 quarters, profits at the bank have increased.In this latest quarter, Wells...
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...
The New Old Age Blog: Taking a Zen Approach to Caregiving
Label: LifestyleYou 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...
Visit by Google Chairman May Benefit North Korea
Label: TechnologyBEIJING — As a work of propaganda, the images that North Korea circulated this week showing Google’s executive chairman, Eric E. Schmidt, touring a high-tech incubation center are hard to beat. Adrian Bradshaw/European Pressphoto AgencyEric E. Schmidt, Google’s executive chairman, at left wearing a tie, and former Gov. Bill Richardson of New Mexico spoke to reporters in Beijing on Thursday...
IHT Rendezvous: Top Pirate Quits as Tide Turns Against Somali Raiders
Label: WorldLONDON — A notorious Somali sea raider known as Big Mouth is a pirate with a retirement plan.He announced this week that he was quitting after an eight-year career in which he and his pirate crews plagued shipping in the Indian Ocean and raised millions of dollars in ransom.Big Mouth — Mohamed Abdi Hassan — was named in a United Nations report last year as one of the most notorious and influential...
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