Archive for June 1st, 2016

Wyeth, a Temple of Midcentury Modern Design, Seeks New Wallets

Wednesday, June 1st, 2016:

“He had an incredible eye and very defined taste,” said Gabriella Forte, who was his boss at Armani before becoming president at Calvin Klein and then chief executive of David Yurman. “He positions things with real talent. It’s pure simplicity. Is it minimalism? I don’t know if that’s how I’d describe it. It was just perfection.” By 1994, Mr. Birch had had enough. So he leased a 3,500-square-foot space on Franklin Street in TriBeCa, named it for his then 3-year-old son, Wyeth, and filled it with his favorite things. (Wyeth graduated from the Rhode Island School of Design last year […] Read More →

Oracle hit with whistleblower lawsuit over cloud accounting

Wednesday, June 1st, 2016:

(Reuters) – Oracle Corp was sued on Wednesday by a former senior finance manager who claimed she was terminated in retaliation for complaining about improper accounting practices in its cloud services business. Shares of Oracle fell about 2.6 percent to $39.23 in after-hours trading. In a complaint filed with the U.S. District Court in San Francisco, the former executive, Svetlana Blackburn, accused upper management of trying to push her to “fit square data into round holes” to make Oracle Cloud Services’ results look better. “We don’t agree with the allegations and intend to vigorously defend the matter,” said Oracle spokeswoman […] Read More →

Saddle Ranch Chop House sues Outlets at Orange landlord over sales losses

Wednesday, June 1st, 2016:

Saddle Ranch Chop House at The Outlets at Orange has filed a lawsuit against the mall landlord, alleging a 60,000-square-foot retail expansion has cut off vital parking and access to its restaurant. The construction, which began in March, has “obstructed and eliminated the entrance off the ring road nearest” the restaurant, the lawsuit said. The mall is adding space for 12 new tenants, including a Bloomingdale’s Outlet set to open later this year. Crews also are working near Saddle Ranch’s outdoor patio, which faces the main entrance of the mall. As a result, the work is exposing customers and employees […] Read More →

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