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  • Chrysler's All Star Lineup: Will It Win The Game? Friday, 7 Sep 2007 | 1:09 PM ET
    Phil Murtaugh

    Like George Steinbrenner stocking his New York Yankees with All-stars, Cerberus Capital is loading Chrysler with big-time execs. The latest addition is Phil Murtaugh, who will run Chrysler's operation and expansion in China and India. In the last ten years, Murtaugh has carved out a reputation as the American who knows China and how to grow auto sales in that country.

  • Leap Wireless CFO Resigns Amid MetroPCS Bid Review Friday, 7 Sep 2007 | 10:58 AM ET

    Leap Wireless International said Friday that its chief financial officer had resigned as the company continues to review an unsolicited takeover bid from MetroPCS Communications for about $5.4 billion in stock.

  • China will produce half the world's aluminium by the end of the next decade and will be largely self sufficient in the metal through 2010, a top executive at producer Alcan said on Friday.

  • Regulators Re-Rating the Rating Agencies: WSJ Friday, 7 Sep 2007 | 6:16 AM ET

    The independence of the credit-rating agencies came under fire in the aftermath of recent mortgage-market turmoil as regulators plan to investigate how the companies are paid, the Wall Street Journal reported Friday.

  • Toyota's Top North American Exec Defects to Chrysler Thursday, 6 Sep 2007 | 6:33 PM ET

    Toyota's top North American executive is defecting to Chrysler, a move that stunned the auto industry and gives a highly regarded leader and consummate salesman the chance to turn things around at the struggling U.S. automaker.

  • Toyota's Jim Press Joins Chrysler as President Thursday, 6 Sep 2007 | 2:20 PM ET

    Chrysler has named Toyota Motor North American executive Jim Press as its new vice chairman and president.

  • H&R Block Says Breeden Slate Wins Three Board Seats Thursday, 6 Sep 2007 | 2:16 PM ET

    Former U.S. Securities and Exchange Commission Chairman Richard Breeden won three seats on H&R Block's board Thursday, advancing his efforts to refocus the company on its tax preparation business.

  • Chrysler & Press: An Exec Who Can Change The Game Thursday, 6 Sep 2007 | 11:00 AM ET
    Jim Press

    In the auto world, it's hard to say one executive can turn around a company. But there are certain people who are "game-changers". The type of executive with a great track record who could steer a company in the right direction. Jim Press, the former president of Toyota North America is one of those executives.

  • Ace Hardware Finds $154 Million Accounting Shortfall Thursday, 6 Sep 2007 | 6:55 AM ET

    Ace Hardware discovered an approximately $154 million shortfall on its books while preparing to convert from retailer-owned cooperative to for-profit corporation and likely will have to restate its financial results for the last five years, President and CEO Ray Griffith said Wednesday.

  • Consumer, Credit "Concerns" At GS Conference Wednesday, 5 Sep 2007 | 12:25 PM ET

    If you were looking for a sign of the times when it comes to the mood of the marketplace, my location today may be a fair indicator. It is the first day of Fashion Week and rather than being under the tents in Bryant Park, I am at the Goldman Sachs investor conference.

  • Deutsche Bank CEO: Banks Need to Be More Transparent Wednesday, 5 Sep 2007 | 12:10 PM ET

    Banks need to be more transparent about the distribution of their risk across the financial system in order to restore confidence among investors, Germany's top banker said on Wednesday.

  • Mattel Recalls More Chinese-Made Toys Wednesday, 5 Sep 2007 | 5:43 AM ET
    Mattel

    Toymaker Mattel on Tuesday announced a third recall of Chinese-made toys, saying it would take back more than 800,000 units globally that contain "impermissible" levels of lead.

  • Jet Use Remains Popular Perk for CEOs Tuesday, 4 Sep 2007 | 3:38 PM ET

    Many companies allow their chief executives to use the corporate jet for personal travel, according to a new study released Tuesday based on pay disclosures in new corporate proxy statements.

  • Danish Brewer Carlsberg Names New CEO Monday, 3 Sep 2007 | 8:01 AM ET

    Carlsberg on Monday named Joergen Buhl Rasmussen as chief executive with effect from Oct. 1.

  • S&P Chief Ousted over Subprime Mortgage Mess Friday, 31 Aug 2007 | 7:56 AM ET

    Publisher McGraw-Hill Cos is replacing the president of Standard & Poor's, the company's financial services division, effective immediately, amid questions about the role of credit-rating agencies in the subprime mortgage crisis.

  • S&P President Replaced Amid Credit Rating Doubts Friday, 31 Aug 2007 | 5:26 AM ET

    Publisher McGraw-Hill is replacing the president of Standard & Poor's, the company's financial services division, effective immediately, amid questions about the role of credit-rating agencies in the subprime mortgage crisis.

  • Hovnanian CEO Says Risk of Recession Heightened Thursday, 30 Aug 2007 | 8:51 AM ET

    Hovnanian Enterprises Chief Executive Ara Hovnanian said Thursday the risk of a recession is heightened and called for a rate cut by the Federal Reserve.

  • Gap CFO Pollitt Departs for New Role at Visa Wednesday, 29 Aug 2007 | 5:50 PM ET

    Gap Inc. Chief Financial Officer Byron Pollitt is leaving the slumping retailer Sept. 14 to take the same job at credit card issuer Visa, the companies said Wednesday.

  • Hulu: NBC And Fox Hope It's a Real "Lulu" Wednesday, 29 Aug 2007 | 4:38 PM ET

    NBC Universal (owned by GE, which is parent company of CNBC) and News Corp are collaborating on a online video site to compete with YouTube, and today we learned its name: Hulu. (Go to hulu.com) to check out some of the video the on-demand service will be providing--you'll see that Fox's "24" and NBC's "My Name is Earl") are prominently featured.

  • Helmsley's Will: Dog - $12 million, 2 Grandkids - $0 Wednesday, 29 Aug 2007 | 2:35 PM ET
    Leona Helmsley

    Helmsley left her beloved white Maltese, named Trouble, a $12 million trust fund, according to her will, which was made public Tuesday in surrogate court.