Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr...
Wednesday, May 15 2013 5:41 AM EDT2013-05-15 09:41:00 GMT
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
The recession hasn't spared any age group, but it's been especially hard on seniors. More and more Americans 62 and older are turning to reverse mortgages to supplement their cash. But is it right for you?
Wednesday, May 15 2013 5:04 AM EDT2013-05-15 09:04:58 GMT
The amount of money many of us pay in taxes in a given year is often times larger than any purchase we'd make. Where does that really money go? Well, there is a way to find out.
The amount of money many of us pay in taxes in a given year is often times larger than any purchase we'd make. Where does that really money go? Well, there is a way to find out.
LAKELAND, Fla. -
Retired Publix president Mark Hollis has died at a Florida hospital.
The Florida-based supermarket chain says Hollis died Friday at the Lakeland Regional Medical Center. He was 78.
Hollis served as the company's president from 1984 until 1996, when he was elected vice chairman of the board of directors. He retired in 1999 and remained on the board until 2005.
Publix CEO Ed Crenshaw says Hollis was "a Publix icon." Hollis' first job with the company was bagging potatoes in 1946 at age 12. He rose from store manager to various executive positions before joining the board in 1974.
Hollis graduated from Stetson University in 1956 and earned a master's degree from Michigan State University.
Publix employs more than 156,000 people in Florida, Georgia, Tennessee, Alabama and South Carolina. Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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