News Summary: Best Buy hires new CFO

The Associated Press

November 12, 2012 at 11:57 AM

THE NEWS: Consumer electronics chain Best Buy said Monday that former Williams-Sonoma executive Sharon McCollam will become its new chief financial officer beginning Dec. 10.

THE CONTEXT: She replaces Jim Muehlbauer who said he was leaving in October. It's the latest executive move for the Minneapolis company since turnaround expert Hubert Joly joined as CEO in August. Best Buy is trying to reverse a decline in its business due to a weak global economy and tough competition from online stores and discounters.

WHAT'S NEXT: Best Buy meets with analysts on Tuesday and will announce its fiscal third-quarter results Nov. 20.

Yahoo Sports
Former NBA guard Darius Morris dies at 33
Former NBA guard Darius Morris has died at the age of 33. He played for five teams during his four NBA seasons. Morris played college basketball at Michigan.
Yahoo Finance
The FDIC change that leaves wealthy bank depositors with less protection
Affluent Americans may want to double-check how much of their bank deposits are protected by government-backed insurance. The rules governing trust accounts just changed.
Yahoo Sports
Timberwolves coach Chris Finch calls Jamal Murray's heat-pack toss on court 'inexcusable and dangerous'
Murray made a bad night on the court worse during a moment of frustration on the bench.
Yahoo Finance
Former House Speaker Paul Ryan says he’s not voting for Trump : 'Character is too important'
Ryan says he would be writing in a Republican candidate instead of voting for Donald Trump.
Yahoo Sports
Nuggets star Nikola Jokić wins third NBA MVP in four seasons, placing him alongside all-time greats
Nikola Jokić joins a short list of the game's all-time greats after securing his third MVP.
Yahoo Sports
Cardinals lose C Willson Contreras after left arm fractured by J.D. Martinez's swing
The Cardinals' nightmare season continues.
Yahoo Sports
Ranking the best situations for the rookie quarterbacks: Start with Michael Penix in Atlanta at No. 1
It’s key to note that we’re not saying the “best team” or “best roster.” Instead, we’re talking about the best confluence of factors that can outline a path for survival and then success.
Yahoo Finance
These 3 stocks are poised to benefit from the massive energy transition
The energy transition will benefit companies providing electrical needs for surging demand. Analysts point to these three stocks as a Buy.
Yahoo Sports
Blockbuster May trade by Padres, MVP Ohtani has arrived, Willie Mays’ 93rd birthday & weekend recap
Jake Mintz & Jordan Shusterman discuss the Padres-Marlins trade that sent Luis Arraez to San Diego, as well as recap all the action from this weekend in baseball and send birthday wishes to hall-of-famer Willie Mays.
Yahoo Sports
Heat's Pat Riley unhappy with Jimmy Butler's remarks on Celtics and Knicks, implies he needs to play more
Miami Heat president Pat Riley rebuked comments Jimmy Butler made about the Boston Celtics and New York Knicks, while also implying that his star needs to play more.
Yahoo Sports
Phil Mickelson on the majors: 'What if none of the LIV players played?'
Phil Mickelson hints that big changes could be coming to LIV Golf's rosters, and the majors will need to pay attention.
Yahoo Sports
Fantasy Baseball Trade Analyzer: Buy into a pair of Astros sluggers
Fantasy baseball analyst Fred Zinkie offers up his top buy low/high and sell low-high candidates for Week 6.
Yahoo Sports
2024 NFL Team Fantasy Football Power Rankings, 1.0
With NFL rosters pretty much set before training camp, Scott Pianowski reveals his first set of team fantasy power rankings for the 2024 season.
Yahoo Sports
NBA fines Nuggets G Jamal Murray $100K for tossing heat pack, towel on court vs. Timberwolves; no suspension
Murray tossed a heat pad onto the court during gameplay vs. the Timberwolves.
Yahoo Finance
Social Security just passed Medicare as the government's most pressing insolvency risk
An annual government report offered a glimmer of good news for Social Security and a jolt of good news for Medicare even as both programs continue to be on pace to run dry next decade.
Yahoo Sports
NBA playoffs: Officials admit they flubbed critical kick-ball call in controversial final minute of Pacers-Knicks
Tuesday's last-2-minute report should be interesting.
Engadget
The best budgeting apps for 2024
Budgeting apps can help you keep track of your finances, stick to a spending plan and reach your money goals. These are the best budget-tracking apps available right now.
Yahoo Sports
The Scorecard: Andy Pages looks set to go down as one of the best fantasy baseball waiver wire pickups of 2024
Fantasy baseball analyst Dalton Del Don delivers his latest batch of hot takes as we enter Week 6 of the season.
Yahoo Sports
Ex-Ole Miss QB and Denver Broncos draft pick Chad Kelly suspended at least nine games by CFL
Kelly allegedly harassed a female strength and conditioning coach who sued him and the Toronto Argonauts in February.
Yahoo Finance
Fed’s Kashkari: Rates will stay high for 'extended period' and can't rule out a hike
Minneapolis Fed president Neel Kashkari said interest rates will likely stay at current levels for an "extended period" and didn't rule out a hike if inflation stalls near 3%.

News

Life

Entertainment

Finance

Sports

New on Yahoo

News Summary: Best Buy hires new CFO

Recommended Stories

Former NBA guard Darius Morris dies at 33

The FDIC change that leaves wealthy bank depositors with less protection

Timberwolves coach Chris Finch calls Jamal Murray's heat-pack toss on court 'inexcusable and dangerous'

Former House Speaker Paul Ryan says he’s not voting for Trump : 'Character is too important'

Nuggets star Nikola Jokić wins third NBA MVP in four seasons, placing him alongside all-time greats

Cardinals lose C Willson Contreras after left arm fractured by J.D. Martinez's swing

Ranking the best situations for the rookie quarterbacks: Start with Michael Penix in Atlanta at No. 1

These 3 stocks are poised to benefit from the massive energy transition

Blockbuster May trade by Padres, MVP Ohtani has arrived, Willie Mays’ 93rd birthday & weekend recap

Heat's Pat Riley unhappy with Jimmy Butler's remarks on Celtics and Knicks, implies he needs to play more

Phil Mickelson on the majors: 'What if none of the LIV players played?'

Fantasy Baseball Trade Analyzer: Buy into a pair of Astros sluggers

2024 NFL Team Fantasy Football Power Rankings, 1.0

NBA fines Nuggets G Jamal Murray $100K for tossing heat pack, towel on court vs. Timberwolves; no suspension

Social Security just passed Medicare as the government's most pressing insolvency risk

NBA playoffs: Officials admit they flubbed critical kick-ball call in controversial final minute of Pacers-Knicks

The best budgeting apps for 2024

The Scorecard: Andy Pages looks set to go down as one of the best fantasy baseball waiver wire pickups of 2024

Ex-Ole Miss QB and Denver Broncos draft pick Chad Kelly suspended at least nine games by CFL

Fed’s Kashkari: Rates will stay high for 'extended period' and can't rule out a hike