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Richard Parsons

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  • Unlikely voice switches sides on minimum wage hike Thursday, 25 Sep 2014 | 11:16 AM ET
    McDonald's employees protesting for a higher minimum wage outside the McDonald's annual shareholder's meeting in Oak Brook, IL.

    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

  • Washington in gridlock: Parsons   Thursday, 25 Sep 2014 | 8:57 AM ET
    Washington in gridlock: Parsons

    Former Citigroup Chairman Richard Parsons, says politicians from both sides of the aisle need to sit down and figure out the issues because the world is moving and the U.S. is not keeping up.

  • How sports can 'get back onside': Richard Parsons Thursday, 25 Sep 2014 | 8:44 AM ET
    Dick Parsons

    Pro sports leagues need to realize that "the line has moved" on what society deems as appropriate, says Richard Parsons, interim CEO of the LA Clippers.

  • Parsons: US economy stronger, Europe puzzling   Thursday, 25 Sep 2014 | 8:32 AM ET
    Parsons: US economy stronger, Europe puzzling

    Providence Equity Partners' Richard Parson shares his thoughts on the U.S. and global economy. Europe's economy is still a big question mark, says Parsons.

  • Parsons: Not an easy path for Comcast   Thursday, 25 Sep 2014 | 7:52 AM ET
    Parsons: Not an easy path for Comcast

    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.

  • Increase minimum wage? 'I'm for it': Parsons   Thursday, 25 Sep 2014 | 7:29 AM ET
    Increase minimum wage? 'I'm for it': Parsons

    Former Citigroup and Los Angeles Clippers interim CEO & chairman Richard Parsons, shares his thoughts on the benefits of increasing the minimum wage.

  • Dick Parsons: Sports ownership ultimate toy   Thursday, 25 Sep 2014 | 7:06 AM ET
    Dick Parsons: Sports ownership ultimate toy

    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.

  • Ballmer: I'll own Clippers 'as long as I'm alive' Thursday, 25 Sep 2014 | 6:54 AM ET
    Steve Ballmer, Los Angeles Clippers, during an interview with CNBC.

    The former Microsoft chief says that his record price for the Los Angeles Clippers was a smart investment.

  • Apollo Theater celebrates 80, looks to get younger Saturday, 21 Jun 2014 | 8:00 AM ET
    Ronald Isley and Ernie Isley of the Isley Brothers perform on stage during the Apollo Spring Gala and 80th Anniversary Celebration at The Apollo Theater on June 10, 2014 in New York City.

    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.

  • Parsons: Banks Probably 'Should Have More Capital'   Wednesday, 10 Jul 2013 | 8:05 AM ET
    Richard Parsons, former chairman of Citigroup.

    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.

  • After Pandit, a smaller Citi could get smaller yet Wednesday, 17 Oct 2012 | 12:04 AM ET

    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.

  • In a surprise, Pandit steps down as Citigroup CEO Tuesday, 16 Oct 2012 | 5:32 PM ET

    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 Mulls Sale of U.S. AOL Access Business Wednesday, 19 Sep 2007 | 6:36 AM ET

    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.

  • "Street Signs": The Big Picture Tuesday, 8 May 2007 | 4:42 PM ET

    The cable industry is assembling in Las Vegas for a major convention, where competition, convergence and content are the buzz words.