James Sinegal News
Ballmer's shout-out to Clippers fans
LOS ANGELES -- The thought did occur to Steve Ballmer that he might want to play this one against type. Surprise everyone by simply walking out on stage, gently taking the microphone from Los Angeles Clippers president Doc Rivers and calmly introducing himself to his new team. The famously fiery
Why $20.89 Explains President Obama's Love For Costco
President Obama’s love for Costco runs deep. If he had his way, he probably might have grabbed a box of 500 golf balls, an 80-inch TV, and a $4.99 bag of organic tortillas chips for his Super Bowl party during a stop in the Lanham,...
The 10 Largest Fiscal Cliff Dividend Tax Winners
The 10 Largest Special Dividend-Paying Companies and the Shareholders Who Won Big
From Pacquiao Fight to Pizza: Mitt Romney's Post-Election Travels
After losing the presidential election in November, Mitt Romney might have hoped to fade back into the comforting quiet of anonymity. But after a very public campaign that found the Republican candidate posing for pictures after taking a bite of a quinoa burger and playing Jenga before a national
Biden Visits Costco , Calls For Middle Class Tax Cut
It appears Joe Biden likes a bargain. The Vice President flashed his Costco membership card to cheers from delighted shoppers as he walked through the doors at the grand opening of the discount chain’s first-ever D.C. store this morning. “I’ve got to show my card...
Partisan Brands: Starbucks, Celtics Pick Sides in Presidential Race
From NFL teams to grocery stores, the 2012 election is woven into the fabric of American business, with companies picking sides in the partisan fight. Whether it's a mega donation from the company's executive or a partisan leaning of the company's employees, many of America's largest brands have
Ann Romney Shares Her $137.50 Costco List
When Ann Romney cooks for the Romney clan, she goes big. “I always start at Costco,” Romney said on the “Rachel Ray Show” today as the audience watched pre-taped video of her pushing an over-sized grocery cart at the bulk-goods store. Zooming around the store...
CEO Says He May Lay Off Employees if Obama Re-elected
Outspoken time-share mogul David Siegel surprised his thousands of employees in an email this week that indirectly stated that layoffs could be likely if President Obama is re-elected, which some analysts say have crossed the line as a CEO. Siegel founded Westgate Resorts in Orlando in 1982. In an
Obama Fights Back Against 'You Didn't Build That' Attacks
By AMY WALTER (@amyewalter), ELIZABETH HARTFIELD (@LizHartfield) and CHRIS GOOD (@c_good) NOTABLES: OBAMA GOES POSITIVE- SORT OF: After weeks of negative – or “contrast” ads, as the campaign calls them – Team Obama puts out a kinder, gentler TV spot. Speaking straight to camera, without...
Costco Co-Founder Jim Sinegal Backs President Obama on Business
President Obama is getting some help defending his record toward small businesses from a major player in the corporate world. Former Costco CEO and co-founder Jim Sinegal endorsed the president’s economic policies and bid for a second term in an email message Monday night to...