IRVINE, Calif. (AP) -- Ted Waitt, the founder of Gateway Inc., is retiring after 20 years as chairman of the personal-computer company. Waitt announced he will step down from the board of directors ...

People are also reading… Hoping to generate more business, Gateway has been selling a no-frills computer for as little as $399. In December, the company went one step further: It offered the low-end ...