tagged w/ Chief Executive
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Google co-founder Larry Page is to become chief executive of the US internet search giant in April.He will take over from Eric Schmidt, who has been in the job for a decade and will become executive chairman.
link:http://www.bbc.co.uk/news/business-12246870Google co-founder Larry Page is to become chief executive of the US internet search... more
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Duke, Progress Agree to $13.7 Billion Deal Duke Energy Corporation (NYSE:DUK) is moving steadily ahead to acquire Progress Energy Inc.Duke Energy Corp. (DUK) will acquire Progress Energy Inc. (PGN) in an all-stock deal valued at about $13.7 billion, creating the country’s largest utility.Duke, Progress Agree to $13.7 Billion Deal Duke Energy Corporation (NYSE:DUK) is... more
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kamoo
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added this
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1 year ago
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Hana Financial (086790.KS) agreed to buy a 51 percent stake in Korea Exchange Bank (004940.KS) for $4.1 billion in the nation’s biggest banking deal, nipping rival Australia and New Zealand Banking Group (ANZ.AX).Hana Financial (086790.KS) agreed to buy a 51 percent stake in Korea Exchange Bank... more
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Olympic chiefs are having a luxurious beano in handily located Acapulco Mexico to hear progress reports on the preparations for London 2012. British Olympic Association chief executive Andy Hunt was jubilant that the Con-Lib coalition government had excluded the games from the recent drastic spending cuts.
Hunt told the audience that the Olympic budget of 9.28 billion pounds included “7.3 billion pounds for the regeneration of east London.”
“I think a two billion pound investment for staging the games feels about right and appropriate for what’s going to be a fantastic games.”
Why Acapulco? Well you have to travel a long way to find an audience who will believe that the London Olympic budget is being spent on anything other than the London Olympics. I dare Hunt to come here and tell East Londoners that nearly four fifths of the Olympic budget is being spent on them and only £2bn is going on the games.
Fancy a dip? Or getting your figures massaged? Or are you happy just lying on the beach?
http://www.spectacle.co.uk/spectacleblog/olympics-2012/british-olympic-association-pretends-olympic-budget-is-for-regenerating-east-london/Olympic chiefs are having a luxurious beano in handily located Acapulco Mexico to hear... more
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In their bid for the games London Olympic officials promised to keep an athletics track in the stadium.
Now, during a meeting in Acapulco, British Olympic Association chief executive Andy Hunt only “hoped” the Olympic stadium would retain a running track after the games- neatly side stepping the issue of empty promises by saying the decision was down to the mysterious “Olympic Park Legacy Company”.
Two Premier League football clubs, West Ham and Spurs, have made bids to move into the Olympic Stadium after 2012, but only West Ham’s bid includes keeping the running track.
Hunt made clear his determination to honour that promise telling AP . “Of course, we would love to see the provision of a truly world class athletics track….I think we’d all be disappointed if that didn’t happen.”
Fighting talk, might as well rip up the Spurs offer then.
If the London Olympic organisers keep none of their promises to Londoners (on jobs, on housing, on costs) will it be an Olympic record? Or does it happen where ever the five rings descend?
One way East Londoners could economically benefit from the games would be to put money with the bookies that the stadium will be home to Tottenham in 2013. I wonder what odds they are giving.
http://www.spectacle.co.uk/spectacleblog/olympics-2012/olympic-promises-fingers-crossed/In their bid for the games London Olympic officials promised to keep an athletics... more
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Spurs challenge how much the Olympic Legacy Company really want an athletics track.
Spurs, in conjunction with entertainment giant AEG, made a shock move last week to take over the stadium after the 2012 London Olympics. But the club do not want a track running around the outside of the pitch, a clause which could seriously hinder their attempt to move into the venue. Or will it?
Timothy Leiweke , chief executive of the club, claimed the Olympic Legacy company would be likely not to accept their bid in light of these circumstances. “I think it is a crime if you sacrifice having a perfect football stadium for convincing yourself you are going to do a track and field event every 10 years,” Leiweke was quoted as saying in the London Evening Standard.
AEG Europe chief executive David Campbell believes the athletics track is not a deal breaker. He claimed that any expressions of interest in the stadium which would decide the venue’s future, did not oblige bidders to retain the running track.
Will the promised Olympic “legacy” of an athletics track trump the money on offer? Will West Ham United regret promising to keep the track in their bid if Spurs win? Will the famous West Ham atmosphere survive the dead space of the track or will it become another loss in the litany of negative Olympic impacts on East London?
For full article see here: http://www.spectacle.co.uk/spectacleblog/olympics-2012/spurs-bid-for-olympic-2012-stadium-without-track/Spurs challenge how much the Olympic Legacy Company really want an athletics track.... more
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Barclays is expected to name Bob Diamond, the investment banking executive whose enormous pay packet and unapologetic defence of the City's bonus culture have made him a controversial figure, as its new overall chief executive.
link: http://www.guardian.co.uk/business/2010/sep/07/diamond-new-barclays-chiefBarclays is expected to name Bob Diamond, the investment banking executive whose... more
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eva2
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1 year ago
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If there’s any one axiom that Barack Obama has epitomized, it’s that nobody, it seems, willingly cedes back power to its rightful source — even when that power was acquired illegally.
When the Democrats won the Congress in 2006, progressives demanded that Speaker Nancy Pelosi and Senate Majority Leader Harry Reid hold the Bush administration for its many sins, not least of them the seizure of power from both the legislative and judicial branches, with its use of illegal surveillance, its radical redefinition of the term “enemy combatant,” and its denial of civil liberties to whomever its leaders felt unworthy of such liberties — Constitution be damned.
I sat in a meeting the new speaker convened with a group of bloggers in 2007, listening to Nancy Pelosi make her case for why the Congress’s energies would be better spent working on bread-and-butter issues, including health-care reform. The thinking seemed to be that once the Congress got some good stuff done, the problems of the Bush imperial presidency would disappear with the subsequent election of a Democrat.
Would that it were so. It seemed a dubious proposition to me. If the Congress was unwilling to impeach Bush or hold war-crimes hearings, the very least it could do was to pass laws that would return power to the branches from which it originated. But that was not to be. And with that decision of inaction the Constitution was broken rather bad, in a way that Barack Obama, the constitutional law professor, seems quite content with.
While in a great many respects, Barack Obama is a far more reasonable and small-D democratic president than was George W. Bush, there’s not a lot of daylight between the two on the matter of executive power. As the nation’s chief executive, Barack Obama likes executive power very much, thank you.
Just look at his administration’s position on the holding of detainees at the American-run Bagram Prison in Afghanistan. The administration contends that habeas corpus extends to none of the detainees at Bagram — even those picked up outside of Afghanistan and shipped there deliberately to avoid allowing non-Afghan detainees rights they would otherwise be entitled to. Bagram, as a war-zone facility, is not required to accord such rights to its denizens; the American obligation to the Bagram detainees begins and ends with the Geneva Conventions, and there are serious doubt as to whether the treatment of the Bagram prisoners meets the basic international standard for the treatment of prisoners of war.
Last month, a federal appeals court upheld the administration’s position, overturning an earlier decision by a lower court. As described by the New York Times editorial board:
What makes the ruling especially distressing is that the extravagant claim of executive power upheld by the court — to create a law-free zone at the Bagram lockup — was dreamed up by Mr. Bush and subsequently embraced by President Obama. The appellate court ruled that there was no right to federal court review for the detainees, who say they were captured outside of Afghanistan, far from any battlefield, and then shipped to Bagram to be held indefinitely in harsh conditions.
As the world continues to become unglued by crisis upon crisis, progressives would do well to step back momentarily and come up with a plan for restoring the Constitution. Without that, any and all national progress will rest on the whim of the chief executive, whomever he or she shall be.If there’s any one axiom that Barack Obama has epitomized, it’s that... more
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Starbucks has sacked its chief executive Jim Donald and handed the reins back to its chairman and former chief executive, Howard Schultz.
The announcement saw shares in the firm jump more than 10% in early Tuesday trading on Wall Street.
The news is part of the coffee giant's plans to lift its fortunes, which also includes closing some US stores and slowing the pace of opening new ones.
Starbucks shares have fallen 50% in the past year as its US sales have slowed.
It will give more details of its plans when it reports results on 30 January. Starbucks has sacked its chief executive Jim Donald and handed the reins back to its... more
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