It is not really so difficult. Because investors are a diverse group, they rarely get together on their own to force corporations to take specific actions. Thus, the power of investors to enforce change is ignored. But, investors have another power that ...Read More
Chevy Chase-based CapitalSource Inc. announced today that it is selling its nursing home business to Omega Healthcare Investors, Inc. of Baltimore for $860 million, helping relieve CapitalSource of heavy debt during the recession. The company also announced founder John K. Delaney ...Read More
NEW YORK—Shares of the Walt Disney Co. got a boost Friday after the company posted a surprise 18 percent jump in its fiscal fourth-quarter profit and announced an executive job switch that might point to a successor to CEO Robert ...Read More
LOS ANGELES (AP) - The Walt Disney Co. posted a surprise 18 percent increase in fourth-quarter earnings Thursday and announced an executive job switch that might point to an eventual successor to Chief Executive Robert Iger. Iger, 58, said he was ...Read More
The Walt Disney Co. posted a surprise 18 percent increase in fourth-quarter earnings Thursday and announced an executive job switch that might point to an eventual successor to Chief Executive Robert Iger.
Iger, 58, said he was behind the decision to ...Read More
AMSTERDAM - European services giant ING Groep NV said Monday it will split itself in two, spinning off its insurance arm to simplify its business and issuing $11.3 billion in new shares to repay state bailout money. The dramatic change in ...Read More
US President Obama said the G20 took "bold and concerted action" The G20's leaders have moved on a little. When they last met in London in April they were still on the brink, wondering whether the world might be facing an ...Read More
Gordon Brown warned against cutting financial support too soon Nations must co-operate to boost their economies or face the prospect of long-term slow economic growth, Gordon Brown has warned at the G20 summit. The prime minister is hoping to gather support ...Read More
Franklin Roosevelt and John F Kennedy uttered the words that would come to define their Presidencies ("New Deal" and "New Frontier") in their acceptance speeches at the Democratic National Conventions. FDR said simply that he would offer a new deal to ...Read More
-Men of small caliber in public office find scorn of expert knowledge a convenient screen for hiding their own mental barrenness. (Wilderness Warrior, p. 411) I was wary about choosing the word "epic" to describe Douglas Brinkley's recently-launched volume, "Wilderness Warrior: ...Read More
When he stepped into the chief executive job at Wal-Mart Stores (WMT) in February, Michael T. Duke looked like the luckiest retailer in America. Duke, 59, inherited a rigorously efficient company that rang up $401 billion in sales and $13.4 billion in ...Read More
LAHORE, Pakistan (Reuters) - Gunmen attacked police headquarters in the Pakistani city of Lahore on Wednesday, opening fire and setting off a car-bomb that killed 16 people, wounded about 300 and caused extensive damage, officials said. There was no claim of ...Read More
Interim King County Executive Kurt Triplett will continue to serve in the county's top post, the County Council decided a few minutes ago. Triplett served as County Executive Ron Sims' chief of staff for five years. Sims resigned May 8 after he ...Read More
As in the torture discussions, Dick Cheney has always tried mightily to portray himself as a staunch defender of the United States. For the most part, on that claim, the media has given him a pass. The MSM "discussions" of ...Read More
The Nixon Administration bugged Democratic National Committee headquarters at the Watergate complex. Their operatives were caught breaking and entering Watergate to replace a defective device. One of the operatives was a former CIA agent, James McCord, and at least one ...Read More
Sean Hannity, like his cowardly rightwing compatriots Cheney, Limbaugh, Kristol, O'Reilly, Lowry, Gingrich, talks a big game about fighting spirit, war, toughness, but when it comes to putting their own bodies on the line, they follow their leader George W ...Read More
