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  • JetBlue Names COO Chew as President Wednesday, 12 Sep 2007 | 9:40 AM ET

    Low-cost carrier JetBlue Airways said Wednesday that it had named Chief Operating Officer Russ Chew to the post of president. Chew, 54, succeeds Chief Executive David Barger as president of the discount airline.

  • Leap Board Member Dondero Resigns Wednesday, 12 Sep 2007 | 8:29 AM ET

    Leap Wireless International, which is reviewing a buyout offer from MetroPCS Communications, said Wednesday that board member James Dondero has resigned from the Leap board, effective Sept. 10.

  • Buffett Continues to Shed Stake in PetroChina Wednesday, 12 Sep 2007 | 8:13 AM ET

    U.S. investor Warren Buffett's Berkshire Hathaway sold more of its stake in top Chinese oil producer PetroChina in late August, selling about US$136 million worth of shares, as it took profits on what has been a lucrative holding.

  • Z Zegna Show: One Hot Ticket For Fashion Week Tuesday, 11 Sep 2007 | 6:26 PM ET

    From Rapper L.L. Cool JJ to Saks CEO Steve Sadove to Jack Mitchell of the family-run Mitchell/Richards retailer-to-the-CEO-crowd stores and Gildo Zegna himself....the front rows at the Z Zegna show encapsulated the mix of sensibilities behind the younger Zegna house. In its second New York runway appearance (I covered the first one at Fashion week last year), the Z Zegna show was once again a hot ticket.

  • Biovail Not Dropping Lawsuit(s) After All? Tuesday, 11 Sep 2007 | 11:44 AM ET

    A follow-up to my post yesterday about the New York Post story regarding Biovail "dropping" its lawsuits alleging collusion to beat down its stock. This email showed up in the blog inbox this morning..."Your report on Biovail is not accurate..."

  • GM CEO Says U.S. Consumers 'Tense' over Housing Tuesday, 11 Sep 2007 | 8:39 AM ET

    The top executive at General Motors said on Tuesday that the automaker was watching the downturn in the U.S. housing market closely and blamed the softness there for weakness in vehicle sales.

  • GM Option in UAW Talks Excludes Health Trust: WSJ Tuesday, 11 Sep 2007 | 12:37 AM ET

    General Motors in its contract negotiations with the United Auto Workers union has proposed one option that excludes establishing a union-run healthcare trust but calls for deeper cuts in several areas, the Wall Street Journal reported in its online edition.

  • Sears Hires Capital One Executive as New CFO Monday, 10 Sep 2007 | 10:26 AM ET

    Sears Holdings said Monday that J. Miles Reidy, an executive at Capital One Financial, will join the department store operator as chief financial officer starting in October.

  • Weyerhaeuser Says Market Weak, May Close Plants Monday, 10 Sep 2007 | 7:55 AM ET

    Weyerhaeuser, one of the world's largest paper and lumber companies, said Monday that it would probably have to close plants and restrict operations because of weak market conditions.

  • FDA Warns on Boston Scientific Aortic Stent Trial Monday, 10 Sep 2007 | 6:40 AM ET

    U.S. health regulators charged Boston Scientific with inadequate record-keeping and reporting following the deaths of five patients implanted with an experimental device to treat a dangerous ballooning of the body's main artery.

  • Search for Aviator Steve Fossett Continues Sunday, 9 Sep 2007 | 7:33 PM ET

    Rescue crews searching for famed millionaire adventurer Steve Fossett stumbled upon another false lead Sunday when they discovered what they thought was a downed airplane -- but did not find the missing aviator.

  • 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.

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