Motorola replaces chief executive
Ed Zander is out as Motorola Inc.’s chief executive after a roller-coaster four years that saw him oversee the cell-phone maker’s Razr-led resurgence but ultimately bear blame for strategic gaffes that led to its decline. The company’s news Friday that Zander is resigning as CEO and that President and Chief Operating Officer Greg Brown will succeed him Jan. 1 produced little surprise and a muted reaction on Wall Street.
Alaska to Midwest latest pipeline plan
ConocoPhillips wants to build potentially the world’s largest, most expensive energy facility — a $42 billion gas pipeline running from Alaska’s North Slope to Midwestern states. The project would be worthwhile, the company said, if it can help supply North American homes and businesses with heating fuel for years to come. It’s the first proposal in the state-sponsored competition for a pipeline to tap the rich fields where the industry has identified about 36 trillion cubic feet of proven reserves that could be shipped within the next 10 to 12 years.
Google to bid in airwaves auction
Google Inc. confirmed its plans to bid for a prized piece of the airwaves in an upcoming government auction, further underscoring the Internet search leader’s determination to shake up the wireless market and plumb more profits from mobile phones. Friday’s announcement wasn’t a bombshell because the Mountain View, Calif.-based company previously signaled it might participate in the Federal Communications Commission auction scheduled to begin Jan. 24.
FedEx’s ground shipping rates rise
FedEx Corp. said Friday it will increase its ground shipping rates by an average of 4.9 percent starting in January. FedEx announced last month that it planned to raise its air shipping rates by the same amount.
Hiring fair set for new Fred Meyer
Fred Meyer plans a hiring fair Monday through Wednesday at the Snohomish Boys &Girls Club, 402 Second St., Snohomish. Applicants should first go online to www.fredmeyer.com to apply and then call the WorkSource office in Everett, 425-258-6300, to schedule an interview. Walk-in applicants also will be accepted at the fair. The new store at Snohomish Station on Bickford Avenue is expected to open by the end of January.
The cost of curbside recycling from Allied Waste is increasing on Jan. 1 to $3.22 a month, 12 cents higher than the existing rate, for customers in Lake Stevens. A story in Thursday’s Business section misstated the rate increase.
From Herald staff and news services