Seattle, WA…Starbucks Corporation today announced that Kevin Johnson, president and chief operating officer and a 7-year member of the Starbucks Board of Directors, will expand his responsibilities and assume the role and responsibilities of president and chief executive officer, effective April 3, 2017. Also effective April 3, 2017, Howard Schultz, chairman and ceo, will be […]
San Francisco, CA…November 30, 2016 – the San Francisco International Airport (SFO) welcomed additional Copa Airlines flights to Panama to meet increased travel demand. In early November, Panama-based airline added a second daily nonstop flight between SFO and Panama City, Panama. Copa, a member of the Star Alliance global airline network, launched nonstop daily service […]
Albany, NY…Attorney General Eric T. Schneiderman issued the following statement on the $25 million settlement agreement reached in Trump University case: In 2013, my office sued Donald Trump for swindling thousands of innocent Americans out of millions of dollars through a scheme known as Trump University. Donald Trump fought us every step of the way, […]
Washington, DC…The U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) today announced that it is adding a sound requirement for all newly manufactured hybrid and electric light-duty vehicles to help protect pedestrians. The new federal safety standard will help pedestrians who are blind, have low vision, and other pedestrians detect the presence, direction […]
Los Angeles, CA…Rising wages and slightly lower interest rates did little to improve California’s housing affordability, which remained flat compared to the previous quarter, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. The percentage of home buyers who could afford to purchase a median-priced, existing single-family home in California in third-quarter 2016 remained at 31 […]
Seattle, WA…Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2016. Operating cash flow increased 49% to $14.6 billion for the trailing twelve months, compared with $9.8 billion for the trailing twelve months ended September 30, 2015. Free cash flow increased to $8.6 billion for the trailing twelve months, […]
Dallas, TX and New York City, NY…AT&T Inc. (NYSE:T) and Time Warner Inc. (NYSE:TWX) today announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share. The agreement has been approved unanimously by the boards of directors of both companies. The deal […]
San Francisco, CA… The San Francisco International Airport (SFO) completed its annual emergency exercise today, simulating an aircraft accident that tested emergency procedures for communication, incident command, and coordination between multiple agencies. Although federal regulations require U.S. airports to conduct such a drill every three years, SFO conducts this full-scale emergency drill annually to ensure […]
Washington, DC…Kiplinger has revealed its annual list of the most and least tax-friendly states for retirees. Kiplinger’s 2016 Retiree Tax Map reveals senior tax breaks across all 50 states, and compares taxes on income (including Social Security benefits, pensions and other forms of retirement income), property, everyday purchases and, ultimately, your estate. California ranks as […]
Washington, D.C.—On Monday, September 12, Electronic Frontier Foundation (EFF) Legal Director Corynne McSherry will urge a federal court to confirm that the public has a right to access and share the laws, regulations, and standards that govern us and cannot be blocked by overbroad copyright claims. The court in Washington, D.C., is hearing arguments in […]
