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National Basketball Association Commissioner David Stern and a group of suitors assembled by Sacramento Mayor Kevin Johnson will try to persuade the Maloof family to complete a sale of the Kings within the next few days.
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A Seattle-based group led by Valiant Capital founder Chris Hansen raised its bid for the Sacramento Kings by $75 million to $625 million, five days before National Basketball Association team owners vote on whether to approve relocation.
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Microsoft Corp. named Amy Hood its first female chief financial officer, putting a 10-year veteran in charge of debt, finances and a growing cash pile at a software maker beset by plunging demand for personal computers.
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Microsoft Corp.’s search for a new chief financial officer is pitting Tami Reller and Amy Hood -- the top finance executives at the company’s two most profitable divisions -- against each other, two people with knowledge of the matter said.
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Yahoo! Inc. Chief Executive Officer Marissa Mayer has attempted unsuccessfully to unravel a 10-year search-advertising pact with Microsoft Corp. in favor of a deal with Google Inc., according to people familiar with the matter.
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Seattle, Washington’s most populous city, plans to sell $146 million of top-rated general-obligation debt this week in its biggest sale in three years.
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David Vahey was printing “Sonics Fever” T-shirts yesterday near Seattle when his partner called and told him to stop. National Basketball Association owners had rejected the city’s bid for a team.
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The much-traveled Sacramento Kings should remain in that city rather than move to Seattle in a sale headed by Valiant Capital Management founder Chris Hansen, the National Basketball Association’s relocation committee said.
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Microsoft Corp., the world’s largest software maker, rose the most in a year after activist investor ValueAct Holdings LP amassed about a $1.9 billion stake.
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Michael Dell this week accomplished a rare feat in the era of the smartphone: He drew applause after a speech on the future of personal computers.
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