Best Buy CEO worried on economy, digital TV transition
LAS VEGAS--Asked about the state of the U.S. economy, Best Buy CEO Brad Anderson said on Tuesday that it is clearly a concern.
"People that are getting their first (home heating) oil bills at $3 a gallon," he said, even as the U.S. mortgage crisis continues to hang over the economy. "The share of mind that the 'r word' is getting in the media has us concerned," he said, alluding to but not uttering, the word recession.
But Anderson said it was the transition to digital television that posed the biggest threat to his … Read more