In Thursday's The Good, The Bad and The Ugly: Richard Parsons—former Time Warner CEO and interim LA Clippers CEO—runs the gamut from minimum wage to European economies to scandals in sports» Read More
Richard Parsons, former Time Warner chairman & CEO, discusses Comcast's frustration with high-profile opponents of its proposed union with Time Warner Cable. This is a tough merger, says Parsons.
Former Citigroup and Los Angeles Clippers interim CEO & chairman Richard Parsons, shares his thoughts on the benefits of increasing the minimum wage.
Former Citigroup and Los Angeles Clippers interim CEO & chairman Richard Parsons, shares his thoughts on Steve Ballmer's ownership of the LA Clippers, and Donald Sterling.
The former Microsoft chief says that his record price for the Los Angeles Clippers was a smart investment.
LOS ANGELES, Aug 12- Steve Ballmer, the former head of Microsoft, has completed his $2 billion purchase of the Los Angeles Clippers basketball team, ending a saga that began when former team owner Donald Sterling was heard making racist remarks to his girlfriend on a tape recording.
The Apollo appears to be in a good position to reclaim its place in pop culture, entertaining over 100,000 people a year with a $13 million budget.
In a wide-ranging interview, Dick Parsons, former Time Warner chairman & CEO, shares his perspective on the banking industry and regulations; splitting the roles of chairman and CEO, and Tribune's separation.
*Lazard will meet 25 percent margin target by 2014- CEO. Oct 25- Lazard Ltd plans to cut $125 million in costs each year, mainly through staff reductions, the investment bank said on Thursday, as it works to meet an aggressive profit goal in a weak market for its financial advisory services.
In the hours after Tuesday's surprise announcement that Citigroup CEO Vikram Pandit was stepping down, speculation was rife, and facts scant, about what lay ahead for the nation's third-largest bank. It trails JPMorgan Chase, with $2.3 trillion, and Bank of America, with $2.1 trillion.
Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as a director. The move shocked Wall Street, and Citigroup offered no explanation.
Time Warner, the world's largest media company, will "look hard" in the next 12 to 18 months at possibly selling off its AOL dial-up Internet access business after doing the same in Europe.
The cable industry is assembling in Las Vegas for a major convention, where competition, convergence and content are the buzz words.