Earlier this year, Apple told some employees about a new initiative called "Blue Sky" that allows a small group of staffers to spend a few weeks on a pet engineering project, according to three people told about the program.
It is a more limited version of similar initiatives for hatching new ideas that have long existed in Silicon Valley. The most well-known of those is Google's "20% time," which allows employees to spend...
Greg Regelbrugge, vice president national accounts, Western U.S., is leaving that post today to become president and CEO of Vann's.
Holding company McMagic Partners LP, part of the Khaledi Group, closed a $4.5 million dollar deal on the bankrupt consumer electronics and appliance dealer Tuesday. The Texas-based Khaledi Group manages dozens of companies, including the HK Global Duty Free chain of electronics stores.