Content about co-founder

SAN FRANCISCO — MySugr Companion, one of Europe's leading and award-winning diabetes apps for iPhone, is now available for download in the U.S. App Store, the app developer announced Thursday.

Consumer technology has shown a new trend of monitoring fitness and well-being data in products like the Nike+ and Fitbit. "But Type 1 diabetics are the true champions of the quantified self-movement," commented mySugr advisory board member Tim Ferriss. 

NEW YORK — An awards celebration this fall at the University of Missouri-Kansas City will honor the co-founder of Costco Wholesale Corp., according to published reports.

The St. Louis Post-Dispatch reported Thursday that Jim Sinegal, who retired as the club retailer's CEO in January 2012, would be among the honorees of the university's 28th Annual Entrepreneur of the Year Awards celebration.

Sinegal founded Issaquah, Wash.-based Costco together with Jeff Brotman in 1983. The company now operates 626 stores, including 449 in the United States.

SEATTLE — A growing beauty brand led by a former executive from Starbucks has secured more than $10 million in financing from a Silicon Valley venture capital firm.

Julep Beauty, founded by Jane Park, said it received $10.3 million in Series B financing from Andreessen Horowitz, led by former Netscape co-founder Marc Andreessen. Maveron — the venture capital firm co-founded by investor Dan Levitan and Starbucks chairman and CEO Howard Schultz — participated in the funding.

BOSTON — Yasso Frozen Greek Yogurt is adding three new flavors to its line of Greek yogurt bars with coconut, mango and vanilla bean flavors to hit retail store shelves in February.

NEW YORK — President Barack Obama's re-election bid got a dose of support from the cofounder of one of the country's largest retailers, according to published reports.

Speaking at the Democratic National Convention, former Costco Wholesale CEO and cofounder Jim Sinegal said Obama "understands what the private sector needs to succeed," The Seattle Times quoted the co-founder of Issaquah, Wash.-based Costco as saying.

CHICAGO — The company behind Four Loko is getting into the frozen cocktail business.

Phusion Projects announced the launch of Island Squeeze, a frozen pouch cocktail. Each malt-based cocktail — which tout 6% alcohol by volume — is individually packaged and can be frozen and squeezed into a glass or served over ice. The line is available in pink lemonade light, pina colada, margarita and strawberry daquiri flavors.

NEW YORK — Tennis pro Serena Williams will serve as spokeswoman around the launch of Sleep Sheets, a natural sleep aid designed to support a natural sleep cycle, parent company PureBrands announced Friday.

BONITA SPRINGS, Fla. — The Consumer Healthcare Products Association on Friday morning honored longtime industry veteran Pat Lonergan, co-founder of Numark Labs, with its Ivan D. Combe Lifetime Achievement Award for his contributions in the advancement of the business of over-the-counter medicines.

LOS ANGELES — Beauty brand Too Faced Cosmetics has announced a new investment partner, Weston Presidio.

CLEVELAND — Max-Wellness on Wednesday announced the opening of its latest store in Columbus, Ohio, with a 5,000-sq.-ft. location positioned between Gramercy and New Bond by hhgregg. Grand opening celebrations are slated for Oct. 12.

ISSAQUAH, Wash. — Costco’s legendary co-founder Jim Sinegal is stepping down as CEO.

NEW YORK — Top officials at Google knew about ads for online black-market pharmacies displayed on the Internet search giant's website, according to published reports.

Forbes magazine reported that federal investigators said Google co-founder Larry Page was aware that the ads were illegal but still allowed them to be displayed, based on documents related to the case. The article quoted a company spokesman as saying that the company had settled and was "moving on," but that it should not have allowed the ads.