Circuit City OKs Cash Incentives to Retain Top Execs

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Circuit City, the nation's No. 2 electronics retailer, approved millions in cash incentives to retain its top talent following the departure of several key executives over the past year. Executive vice presidents could claim retention...

Circuit City Takes Hit in Q2

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Circuit City Stores Inc., the nation's second biggest consumer electronics store chain, said Thursday it swung to a loss in its second quarter as sales fell. The company lost a reported $62.8 million, or 38...

Circuit City and Napster partner on music service

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Circuit City has announced a partnership with Napster that realizes a subscription music service dubbed "Circuit City + Napster" which will offer "all the same great music discovery and community features such as personalized recommendations,...

Best Buy & Circuit City Report Strong Demand for Vista

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Best Buy Company Incorporated and Circuit City Stores Incorporated have both reported high demand for Windows Vista in their retail stores. In separate earnings statements, the two retail companies said that PCs with Vista preinstalled...

Satellite circuit for Google TV ads

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After months of speculation, Google has officially jumped into the television business. The Web giant announced on Monday that it is partnering with EchoStar Communications to sell commercials over the Dish satellite broadcaster's 125 national...

Circuit City Fires 3,400 "Overpaid" Employees

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Circuit City is firing 3,400 employees (8% of Circuit City's total work force) and bringing in lower-cost workers to fill their roles. The company says that the move is aimed to help realign its cost...

AOL Buys MusicNow from Circuit City

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AOL said on Thursday it bought Circuit City Stores Inc.'s digital music subscription service MusicNow LLC, a move that thrusts Time Warner Inc.'s Internet unit into competition with RealNetworks, Yahoo, Napster and other subscription services....

Integrated circuit inventor dies at 81

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Jack Kilby, the inventor of the integrated circuit, died on Monday at age 81 after a brief battle with Cancer. His invention, the integrated circuit, was first demonstrated on Sept. 12, 1958. The invention made...

Apple short-circuits Circuit City deal

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Apple Computer said Friday that it will no longer sell its Macs at Circuit City. "We have mutually decided to go our separate ways," Circuit City spokesman Bill Cimino told CNET News.com on Friday....

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