| Sears' Lewis to Step Down As CEO
And given the weak competitive position and struggles on the merchandising front, we're hopeful they'll find someone with experience in this area."Johnson, an executive vice president of supply chain and operations, joined Kmart in 2003 after working at French retailer Carrefour SA and consumer products maker Colgate-Palmolive Co.Meanwhile Monday, Sears disclosed in a regulatory filing that it may still be interested in acquiring trendy retro-themed retailer Restoration Hardware Inc., but for a lower price than its tentative $6.75-per-share November bid.Sears, which owns 13.7 percent of Restoration Hardware, said it was evaluating the latest private equity offer for the Corte Madera, Calif.-based company "in order to understand the implications for any deal that Sears Holdings might contemplate."Last week, Catterton Partners lowered its bid for the home-furnishing store by more than $2 per share to $4.50 per share, or about $179 million, amid a weak housing market.Sears shares, which reached a high of $195.18 in April, rose $1.28, or 1.3 percent, to $100.28 Monday.On the Net:http://www.searsholdings.comA service of the Associated Press(AP) Previous Page Subscribe Email Alerts » share: del.icio.us digg newsvine " onClick="return fbs_click()" target="_blank" class="fb_share_link"> facebook .
Drug raids nab 25 suspects
A multiagency drug investigation in Southern Indiana has yielded federal indictments of 28 people, all but three of whom were in custody Thursday evening. Search warrants were executed Thursday at three addresses in Vanderburgh County and one in Warrick County, as well as others in Jasper, Ind., and Indianapolis. .
Even Gordon the robot knows that to dither is human
Is it safe to pull out?' Jackdaws don't form holding patterns in the sky while they discuss which clothes line to crap on. Dithering is a human thing and, since humans are great, it may be that dithering has played a massive part in making us this way. We're probably all descended not from the bloke who invented fire but from the one who decided he'd hang around at the back and wait and see how his friend got on with his plan to scoop it up in his hand and eat it. Steal these ideas about ID cards But a momentous decision will soon have to be made about identity cards. The current halfway house - 'We'll make them universal, but only gradually' - does look like bad dithering as well as a foolhardy attempt to change the nature of language. How can you have a partial universal scheme? For the things to work, you've got to know that the government's got the details of everyone.
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