Sears adds restructuring expert to board amid debt worries
Sears Holdings Corp. names Alan Carr of Drivetrain LLC to its board as the retailer fights debt deadlines and contemplates options beyond bankruptcy. CEO Eddie Lampert leads a company that has closed stores and explored asset sales while ESL Investment pushes for real estate sales and debt restructuring. Shares fell 6 percent to 58 cents on the news.
MENTIONED IN THIS ARTICLE
New York
Sears Holdings Corp
Hoffman Estates
Illinois
Kmart
Alan Carr
Drivetrain LLC
Pert
David Tawil
Maglan Capital
Sears
ESL Investment
Lampert
Securities and Exchange Commission
Kenmore
ESL
Google expands Pixel screens and cuts iPhone price
Google unveils third generation Pixel phones in New York with edge to edge HD displays, two sizes, and a lower starting price of 799 dollars, aiming at affluent users while undercutting Apple on cost. The Pixel line emphasizes Google services and its camera with Annie Leibovitz backing, and a new Home Hub smart display priced at 149 dollars.
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Google
Apple
New York
Samsung
Annie Leibovitz
Portal
Facebook
International Data Corp
IDC
Ramon Llamas
Llamas
Goldman Sachs
Rod Hall
Harvard NYU law reviews sued over discrimination
A Texas based group named Faculty Alumni and Students Opposed to Racial Preferences filed federal lawsuits against the Harvard Law Review and the NYU Law Review. They claim the student run journals now favor race and sex in editor and article selection, a shift from merit based practices. Neither side commented. Harvard faces another separate suit alleging Asian American admissions discrimination.
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Boston
Texas
Harvard University
New York University
Harvard Law Review
NYU Law Review
Harvard
Starbucks offers backup care benefit to U S workers
Starbucks announces a new backup care benefit for U S employees. Eligible workers can access up to 10 backup care days per year when regular care is unavailable. In home care costs $1 per hour for kids or adults, while center care is $5 per day, with Care.com providing caregiver matching and free senior care planning.
MENTIONED IN THIS ARTICLE
Seattle
Starbucks
U.S
Care.com
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Humana
AARP
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