Highlights
A collection of news and information related to Corporate Officers published by Tribune Company sources.
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Florida CEO named to lead Cedar Rapids chamber
The chief executive officer of a Florida chamber of Commerce has been tapped to lead the Cedar Rapids Area Chamber of Commerce. Shannon Meyer is the chief executive officer of the Melbourne-Palm Bay Chamber of Commerce. She was chosen by the chamber's...Tags: Melbourne, Management Change
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Guest list for White House dinner honoring Italian Prime Minister Berlusconi
Guest list for Monday's White House dinner honoring Italian Prime Minister Silvio Berlusconi as provided by the White House. President Bush and Laura Bush Italian Prime Minister Silvio Berlusconi Alfred A. Affinito, Order Sons of Italy in America,...Tags: Henry Paulson, The White House, National Security, Condoleezza Rice, Antonin Scalia
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Details on market bailout emerge
The SwampAssistant Treasury Secretary Neel Kashkari speaks to the Institute of International Bankers Monday. (AP/Haraz N. Ghanbari) by James Oliphant Neel Kashkari has a critical job that didn't even exist a few weeks ago. He's the "assistant secretary for...Tags: Henry Paulson, Veterans Affairs, Banking, The White House, Economic Policy
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Moody's lowers Walgreen debt rating a notch
Tribune reporterMoody's Investors Services said Monday that it has lowered its rating on Walgreen Co.'s senior unsecured debt from A1 to A2. The Deerfield drugstore chain's recently aborted unsolicited buyout bid for rival Longs Drug Stores "reflects a clearly more...Tags: Deerfield, Credit Ratings, Walgreen Co., Moody's Corporation, Longs Drug Stores Corporation
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Germany's Qimonda sells stake in Inotera to Micron for $400 million; cuts 3,000 jobs
BERLIN (AP) _ German memory-chip maker Qimonda AG is cutting 3,000 jobs and selling its stake in Inotera — a joint venture with Taiwan's Nanya Technology Corp. — to Micron Technology Inc. for $400 million. Qimonda, which is majority owned...Tags: Computing and Information Technology, Semiconductors and Active Components, Employees, Layoffs and Downsizing, Computer Hardware
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Britain to inject up to 37 billion pounds ($63 billion) into some of country's biggest banks
AP Business WriterLONDON (AP) _ The British government injected an unprecedented 37 billion pounds ($63 billion) into some of the country's leading banks Monday to avoid a full-scale collapse of the sector. In return for the rescue, the Royal Bank of Scotland Group PLC,...Tags: Lloyds TSB Group Plc, HSBC Holdings Plc, Transportation, Stock Broking, Management Change
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Morgan Stanley gets $9B from Japan's Mitsubishi UFJ, CEO ready to make deals of his own
AP Business WritersNEW YORK (AP) _ Morgan Stanley averted disaster with a $9 billion lifeline from a major Japanese bank, and on Monday declared it will use that money to pick off smaller rivals. Just a few days ago, some on Wall Street openly questioned if the embattled...Tags: Chris Johnson, Morgan Stanley Dean Witter & Company, Banking, Lehman Brothers Holdings Incorporated, Bankruptcy
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Sears CFO to step down
Tribune staff reporterSears Holdings Corp. disclosed Monday that Miles Reidy intends to step down as Chief Financial Officer before year-end in order to "attend to a family issue," and will be succeeded by Michael D. Collins of General Electric Corp.'s NBC Universal segment....Tags: Hoffman Estates, General Electric Company, National Government, Government, Capital One Financial Corporation
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Ithaca, NY, wants to be America's 1st podcar city
Associated Press WriterThe thought of a driverless, computer-guided car transporting people where they want to go on demand is a futuristic notion to some. To Jacob Roberts, podcars -- or PRTs, for personal rapid transit -- represent an important component in the here-and-now...Tags: Cornell University, Colleges and Universities, Transportation Industry, Transportation, Automotive Equipment
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'Our cash cow died on us'
Of The Morning CallAbout two decades ago, regional and suburban school districts across the Lehigh Valley area began using unconventional and controversial bond transactions to pay for building renovations and new schools. During the same time, the Allentown School...Tags: Bonds, Banking, Allentown, Economic Policy, American School for the Deaf
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Business Players - October 13, 2008
Matthew B. Aaron has been named president and chief executive officer of Special Olympics Pennsylvania. Aaron will be the chief administrative official of Special Olympics Pennsylvania responsible for the overall management and administration of the...Tags: Academic Progress, Multi-Sport Events, B. Braun Medical Inc., Management Change, Corporate Performance
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Business Briefing - October 13, 2008
TYCO, INVESTORS WANT JUDGE TO FREEZE ASSETS CONCORD, N.H. | A federal judge in New Hampshire has given imprisoned former Tyco International Chief Executive Officer Dennis Kozlowski until Tuesday to say why his assets shouldn't be frozen until a lawsuit...Tags: Securities, Judges, Corporate Crime, Delphi Corp, U.S. Securities and Exchange Commission
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|Story| Allentown Morning Call
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