Business news from Bellingham, WA | BellinghamHerald.com

Business

Men's Wearhouse ousts founder, pitchman Zimmer

FILE - In this Thursday, May 6, 1999 file photo, George Zimmer, second from left, gestures to Andy Dolich prior to a meeting, in Oakland, Calif. Men's Wearhouse Inc. says it has dismissed Zimmer, its founder and executive chairman. In a terse release issued Wednesday, June 19, 2013, the company didn't give a reason for the abrupt firing of Zimmer, who built Men's Wearhouse from one small Texas store using a cigar box as a cash register to one of the nation's largest specialty retailers in men's clothing, with 1,143 locations.

Apparently, Men's Wearhouse Inc. doesn't like the way its founder looks anymore. 2 hours ago

Read story

Archive by category ''Business

NATIONAL BUSINESS NEWS

Bernanke: Fed could reduce bond buys this year

Chairman Ben Bernanke says the Federal Reserve could scale back its $85 billion in monthly bond purchases later this year if the economy continues to improve.

51 minutes ago
TECHNOLOGY

Gadgets: Share content wirelessly with Kingston's MobileLite

Kingston's MobileLite Wireless gives Apple and Android devices unlimited access to any media stored on USB flash-drives or selected memory cards.
TECHNOLOGY

Netflix to expand to Netherlands later this year

Netflix is going Dutch.
NATIONAL BUSINESS NEWS

Fed suggests it's closer to slowing bond purchases

The Federal Reserve signaled Wednesday that it's moving closer to slowing its bond-buying program, which is intended to keep long-term interest rates at record lows.
TECHNOLOGY

Connected smart gadgets follow our every move

Recent revelations that the NSA tracked Internet activity has triggered widespread angst, but privacy advocates contend a more pervasive worry is the increasing array of computerized gadgets that are turning the world into a giant "surveillance society."
NATIONAL BUSINESS NEWS

Comparing US Fed's views on economy, spending

A comparison of the Federal Reserve's statements from its two-day meeting that ended Wednesday and its meeting on April 30-May 1:

1 hour ago
NATIONAL BUSINESS NEWS

Stock market falls as traders fear stimulus cuts

Stocks are falling after the Federal Reserve gave a slightly more optimistic outlook for the U.S. economy, which investors took as a hint that the bank was nearer to a decision to reduce its economic stimulus program.
NATIONAL BUSINESS NEWS

News Summary: Assange still in Ecuadorean Embassy

BACK STORY: A year ago, Julian Assange skipped out on a date with Swedish justice. Rather than comply with a British order that he go to the Scandinavian country for questioning about sex crimes allegations, the WikiLeaks founder took refuge in the Ecuadorean Embassy in London.

1 hour ago
NATIONAL BUSINESS NEWS

News Summary: Greece in talks to end TV crisis

THE TALKS: Greece's governing coalition parties met for the second time in three days to try and end a political crisis triggered by the closure of state broadcaster ERT.

1 hour ago
NATIONAL BUSINESS NEWS

News Summary: 5 key health overhaul points to know

Here are five key facts to know about the health care overhaul before major portions of it begin next year.

1 hour ago