New CEO set to take reigns at New York Times Co
The New York Times Co said it will proceed with its plan for Mark Thompson to take over as CEO on Monday, despite an intensifying scandal at the BBC that has raised questions about his tenure at Britain's flagship broadcasting company.
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Found more than 1 month ago on channel
Reuters
BBC scandal creates waves for incoming New York Times CEO
The erupting scandal at Britain's public broadcaster, the BBC, over allegations of sexual abuse involving late TV host Jimmy Savile is leading to awkward questions for the New York Times Co's incoming chief executive, Mark Thompson.
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Found more than 1 month ago on channel
Reuters
Ford executive on marketing to today's youth
Tuesday, September 18, 2012 - 14:05 Bill Pugliano/Getty Images Mark Fields, Ford Motor Company's president of the Americas, sits for an interview while at an event that celebrates the opening of the new U.S. production line where the 2013 Ford Fusion midsize sedan will be made at the Flat Rock Assembly Plant September 10, 2012 in Flat Rock, Mich. It's been a big week for the Ford Motor Company. On Monday, Canadian auto workers reached a tentative new four-year contract. Rumors have been flying about who will succeed the highly-successful CEO Alan Mulally. And Ford's launched a brand new hybrid that boasts 47 miles per gallon. Mark Fields is the president of the Americas division of Ford and he swung by the Marketplace world headquarters to go for a spin. Fields drove. Kai navigated. Fields says freedom and escape for young people used to mean getting the keys to the family car. "This generation, they're online. They don't need a car [to escape]." Fields explained that understanding ...
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Earnings Outlook: Intel pressure grows as CEO question looms
Chip giant Intel is expected to report another drop in earnings and sales for the first quarter on Tuesday afternoon, but investors really want to know who is going to take over the CEO slot from Paul Otellini.
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Attention JC Penney Shoppers, Look Out for the Return of ‘Sales Galore’
After months of abysmal sales tallies, the Ron Johnson era is over at JC Penney. Now that Johnson’s “fair and square” no-coupons pricing policies have proved to be a failure, the department store will have to try something else to win back customers and stop the bleeding. But what? Mike Ullman, who was replaced as CEO when Johnson took over at JC Penney in 2011, and who began serving again as top executive when Johnson was pushed out, told the Wall Street Journal that he wasn’t planning on reverting to the old business model. “I wouldn’t recommend that we go back to the way J.C. Penney was when I left,” he said. “Things change.” And yet, in some ways the department store is clearly trying to resemble the JC Penney of old. Management has already announced that newspaper ads will feature coupons once again. Johnson seemed to find coupon usage distasteful and silly, likening it to a drug that consumers needed to be weaned off. A little over a year after JC Penney went “drug-free,” ...
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