Highlights
A collection of news and information related to Management Change published by Tribune Company sources.
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CEO of Fairfax Media _ publisher of top Australia, NZ papers _ resigns amid financial slowdown
SYDNEY, Australia (AP) — The CEO of Fairfax Media Limited, the publisher of leading newspapers in Australia and New Zealand, resigned Friday after three years leading the company. David Kirk gave no explanation for stepping down, but the move comes...Tags: Rupert Murdoch, Fairfax (Fairfax, Virginia), News Corp., Radio Industry, Newspaper and Magazine
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AMD warns of 25 percent drop in 4th-quarter sales due to weaker-than-expected demand
SUNNYVALE, Calif. (AP) — Chip maker Advanced Micro Devices Inc. warned Thursday its fourth-quarter revenue will drop about 25 percent from third-quarter levels due to weaker-than-expected demand, particularly in the consumer market. That implies...Tags: Computer Sciences, Intel Corp., Computer Hardware, Computing and Information Technology, Sales
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Sears Holdings names new CFO
Associated PressSears Holdings Corp., which operates Sears and Kmart stores, said Thursday Michael D. Collins has been named chief financial officer as expected, effective immediately. Collins joined the company in October as senior vice president of finance and was...Tags: General Electric Company, The Goldman Sachs Group Incorporated, Government, NBC, National Government
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Bucks' bench shines, Milwaukee tops Chicago
AP Sports WriterWith Andrew Bogut ailing, Dan Gadzuric had a big game off the bench. The seldom-used center had 11 points, 14 rebounds and three blocks, and fellow reserve Charlie Villanueva scored 11 of his 23 points in the fourth quarter to lift the Milwaukee Bucks...Tags: Luol Deng, Government, Milwaukee Bucks, Ben Gordon, Public Employees
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Bally Total Fitness again files for Chapter 11
Associated PressBally Total Fitness Corp. filed for Chapter 11 bankruptcy protection Wednesday for the second time in less than two years, hindered by debt and limited refinancing options amid the national credit crunch. The Chicago-based gym company will use existing...Tags: Bankruptcy, Financially Distressed Companies, New York Stock Exchange, Bally Total Fitness Holding Corporation
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Critical Help from the UAW
MotorTrend MagazineDETROIT - The United Auto Workers showed no interest in joining the 21st century until 2007. That's when the UAW made concessions to General Motors, Ford Motor Company and Chrysler LLC, including an agreement to take over retired employee health care... -
Bally Total Fitness files for Chapter 11 bankruptcy; second time in less than 2 years
AP Business WriterNEW YORK (AP) _ Bally Total Fitness Corp. filed for Chapter 11 bankruptcy protection on Wednesday for the second time in less than two years, hindered by debt and limited refinancing options amid the credit crunch. The Chicago-based gym operator will use...Tags: Bankruptcy, Financially Distressed Companies, New York Stock Exchange, Bally Total Fitness Holding Corporation
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Yahoo stock rallies on report former AOL chief hopes to make $30 billion takeover bid
AP Technology WriterSAN FRANCISCO (AP) _ Yahoo Inc.'s stock rallied Tuesday on a report that AOL's former chief executive believes he can raise enough money in a worsening recession to buy the struggling Internet company for as much as $30 billion. The Wall Street Journal...Tags: Microsoft Corp., News Corp., Time Warner Inc., Corporate Officers, Yahoo! Inc.
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Dreaming of a $30-billion deal for Yahoo
Associated PressYahoo Inc.'s stock rallied Tuesday on a report that AOL's former chief executive believes he can raise as much as $30 billion to buy the struggling Internet company. The Wall Street Journal raised investor hopes with a story that said Jonathan Miller,...Tags: Jonathan Miller, Microsoft Corp., News Corp., Mergers, Acquisitions and Takeovers, Internet
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GM exec: bankruptcy not an option for industry
Associated Press WriterA top executive of General Motors Corp. said Wednesday bankruptcy isn't a viable option, as the United Auto Workers braced for a decision on contract concessions to the endangered Big Three. Fritz Henderson, president and chief operating officer of GM,...Tags: Automotive Equipment, Harry Reid, General Motors Corp., Financially Distressed Companies, Arlen Specter
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Ex-Le-Nature's head named in racketeering suit
The Associated PressThe former chief executive of a bankrupt drink company and Wachovia Corp. are among those named in a racketeering lawsuit filed by a bankruptcy trustee. The lawsuit unsealed late last month accuses former Le-Nature's Inc. CEO Gregory Podlucky of...Tags: Trials, Organized Crime, Financially Distressed Companies, Beverage Industry, Wachovia Corp.
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House whip calls on Big Three CEOs to resign
COLUMBIA, S.C. The chief executives of the nation's Big Three automakers should give up their jobs, not just their lavish executive pay packages, as a condition of $25 billion in proposed federal help to keep the companies operating, U.S. House Majority...Tags: James E Clyburn, CEO Pay, Automotive Equipment, General Motors Corp., Chrysler LLC
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Chicago Tribune
Dec 3, 2008
|Story| Associated Press
Dec 4, 2008
|Story| Los Angeles Times
Dec 3, 2008
|Blog| MotorTrend Magazine
Dec 3, 2008
|Story| Associated Press
Dec 2, 2008
|Story| Associated Press
Dec 3, 2008
|Story| Los Angeles Times
Dec 3, 2008
|Story| Associated Press
Dec 2, 2008
|Story| Associated Press
Dec 2, 2008
|Story| Baltimore Sun
