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Breaking News Thu, 3 Jul 2008
Samsung
(photo: WN / theresa)
Samsung faces crisis after chairman quits
The Times Of India
|                 SEOUL: "Without a captain or rudder, Samsung now faces a complex crisis, with each unit meeting cut-throat competition independently," said Lee Soo-Bin. "The group was able to ride out a previous crisis together thanks to former chairman...
Lee Kun-hee
(photo: AP / Ahn Young-joon)
Ex-Samsung Chairman¡¯s Son ¡®Knew Nothing¡¯
Chosunilbo
| Former Samsung Group chairman Lee Kun-hee wept Tuesday as he found himself in the same courtroom with his son Jae-yong. The sixth session of a corruption trial addressed the charge that Lee transferred the company ownership to his son by underhand means to avoid inheritance tax. A visibly emotiona...
Who will be new BSP chairman ...?
Papua New Guinea Post
| THE Bank South Pacific board chairman Noreo Beanke and his entire board have not deliberated on who will take over from Garth Mcllwain when he retires this year. Mr Mcllwain has done extremely well and has pleased the board and shareholders with it...
Bank Muamalat gets new chairman
The Star
| KUALA LUMPUR: Bank Muamalat Malaysia Bhd has appointed Tan Sri Dr Mohd Munir Abdul Majid chairman to replace outgoing chairman Datuk Seri Ismail Shahudin. | Munir is also chairman of Malaysia Airlines and a board member of Saujana Resorts (M) Bhd a...
Software AG on track for full-year goals: CEO
The Times Of India
|                 FRANKFURT: Germany's Software AG is on track to meet its full-year earnings goals, Chief Executive Karl-Heinz Streibich was quoted as saying in a newspaper interview. | "We will stick to ...
CEO to take 40% cut
Milwaukee Journal Sentinel
Midwest restructuring calls for steeper drops in pay for pilots | The chief executive officer of Midwest Air Group Inc. says he’s taking a 40% pay cut as part of the company’s restructuring, a plan that includes demands for even deeper pay cuts f...
Midwest Air to cut some pay, CEO's included
Star Tribune
| Midwest Air Group Inc. is cutting pay for many employees, including Chief Executive Officer Tim Hoeksema, who announced Wednesday that he would take a 40 percent pay cut. The airline must make changes as it continues to try to absorb rising costs, ...
Mattel had morale, creative issues before Bratz: CEO
The Boston Globe
| RIVERSIDE, California (Reuters) - <MAT.N> Chief Executive Bob Eckert believed morale was at an all-time low and the stock price "wasn't far behind" when he joined the company in mid-2000, a year before rival MGA Entertainment Inc launched the...
 Ryanair Chief Executive Michael O´Leary poses following a news conference in Milan, Italy, Thursday, Oct. 11, 2007. Low-cost airline Ryanair Holdings PLC (RYAAY) won´t invest in Milan´s Malpensa airport if Italian flagship airline Alita
AP/Giuseppe Gualtieri
Ryanair CEO talks free sex on flights
Sydney Morning Herald
| European budget carrier Ryanair has taken its cheeky reputation to new levels, with chief executive officer Michael O'Leary suggesting business class passengers would receive fre...
INDIA-ROLLS-ROYCE-CAR (BM5)
WN / Bhaskar Mallick
Rolls-Royce chairman Sir John Rose opens door to the Tories
The Times
| Sir John Rose, one of Gordon Brown's top business advisers, this week flung open the doors for senior politicians to learn more about Britain's manufacturing sector. However, the...
VIA is in the process of finding replacement for retiring CEO
Business Journal
> Comptroller reports retail spending in Texas is healthy, but cooling [San Antonio] VIA honors memory of late Sen. Madla through new bus transit facility [San Antonio] Revenue from state sales-tax collections dips in April [San Antonio] | VIA Metrop...
Guard says Coos Bay could manage LNG traffic
Examiner
PORTLAND, Ore. (Map, News) - The Coast Guard says safety and navigation steps such as security zones and daylight transits of Coos Bay would be required to manage deliveries of liquefied natural gas to a proposed processing plant at Jordan Cove. | In...
Clearswift hires permanent CEO
Business Journal
> Clearswift announces new CEO [San Jose] Calypte Biomedical appoints CEO [Portland] Clearswift acquires software line [East Bay] | Email and web enforcement company Clearswift named Richard Turner as CEO. | Turner takes over from interim CEO Terry D...
Business
Beer
(photo: Creative commons / David Brown )
German grief: First gas, then food. Now beer.
The Charlotte Observer
LISA POOLE – ASSOCIATED PRESS PHOTO **FILE** In this July 1, 2008 file photo, Germans looking to drown their sorrows over skyrocketing gas and food prices are going to have to think again: beer prices are going up, too, Wednesday, July 2, 2008.(AP Photo/Lisa Poole) | Germans looking to drown their sorrows over skyrocketing gas and food prices...
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