Highlights
A collection of news and information related to Corporate Officers published by Tribune Company sources.
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Detroit Three preparing cuts for Congress, but debt may be obstacle to federal loans
AP Auto WriterDETROIT (AP) _ They'll park some corporate jets, cut executive pay and serve up concessions from the United Auto Workers, but Ford Motor Co., General Motors Corp. and perhaps Chrysler LLC also will have to address massive debts to persuade a skeptical...Tags: National Government, U.S. Securities and Exchange Commission, Sales, Ford, Financial and Business Services
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Obama's national security team
Source: Associated Press.story_bullet { font:11px Arial, Helvetica, sans-serif; margin:2px 0 0 7px; text-indent:-7px; } .byline { font:normal 10px Arial, sans-serif; color:#666; margin-bottom:1px; } .position { font:bold 10px Arial, sans-serif; color:#990000; margin-bottom:1px;...Tags: Heads of State, National Government, International Organizations, Columbia University, National Security
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General Growth Properties gets loan reprieve
AP Real Estate WriterShopping-mall owner General Growth Properties Inc. is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the Chicago-based company works to stave off bankruptcy and negotiate longer-term extensions with...Tags: Circuit City Stores Incorporated, Loans, National Government, Bankruptcy, Deutsche Bank AG
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Ford says CEO will return to Washington by car
Ford Motor Co. says CEO Alan Mulally will travel by car when he makes his return trip to Washington, D.C., to seek $25 billion in government loans. Company spokesman Mark Truby says in an e-mail that Mulally will make the 520-mile trip on the ground....Tags: Vehicles, Automotive Equipment, Ford, Trips and Vacations, Ford Motor Co.
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New York Fed launches search for new president as Geithner prepares to step down
AP Economics WriterWASHINGTON (AP) _ Timothy Geithner, President-elect Barack Obama's pick to be Treasury secretary, will soon step down from his current post as president of the Federal Reserve Bank of New York. The New York Fed announced Monday it has created a search...Tags: Heads of State, AFL-CIO, National Government, Henry Paulson, Ben Bernanke
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Ford weighs selling Volvo amid industry downturn
AP Auto WritersFord Motor Co. is considering selling Volvo Car Corp. as the beleaguered U.S. automaker seeks to raise cash and weather a global automotive sales crisis. Goteborg-based Volvo Cars, which Ford bought in 1999, has been struggling against a weak U.S....Tags: Economic Policy, Jaguar, National Government, Volvo, Vehicles
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Ford dodges travel controversy, says CEO will return to Washington by car for hearings
AP Auto WritersDETROIT (AP) _ When the men who run Ford Motor Co., Chrysler LLC and General Motors Corp. return to Washington later this week to seek government loans, they'll make sure traveling by corporate jet doesn't become ammunition for their critics again....Tags: Commuting, National Government, Business Trips, Vehicles, Automotive Equipment
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Greffin takes over investments at Allstate
Tribune staff reporterAllstate Corp.'s flagship Allstate Insurance group said 48-year-old Chief Investment Officer Judith Greffin formally took the reins at the company's investment group, and will now have full oversight of the insurer's $100 billion investment portfolio....Tags: Allstate Corporation, Management Change, Northbrook
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Board of bailed out Belgian-Dutch Fortis faces angry shareholders at annual meeting
AP Business WriterUTRECHT, Netherlands (AP) _ Shareholders of Fortis NV, the Belgian-Dutch lender which saw most of its operations sold or nationalized last month due to the credit crunch, booed members of the board at a meeting Monday and vented their anger over seeing...Tags: Management Change, BNP Paribas, Shareholders, Annual and Special Corporate Meetings
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Medical names in the news
•The College of Notre Dame of Maryland School of Pharmacy has appointed Dr. John Michael O'Brien assistant professor of clinical and administrative sciences. O'Brien is the former president of Responsible Health LLC. He has also worked for the...Tags: Diseases, Medicine, Health Treatments, CVS Corporation, Rockville (Montgomery, Maryland)
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Job seekers go undercover to check out employers
The Wall Street JournalMore executives are transforming themselves into "mystery shoppers" to scrutinize potential employers during these uncertain times. Such senior managers pose as customers to visit stores, dealers, distribution centers or Web sites. Applicants say the...Tags: Dining and Drinking, National Government, Restaurants, Vehicles, Employees
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Danish cycling team loses sponsor in fraud scandal; CEO sought by Interpol
COPENHAGEN, Denmark (AP) _ The Danish cycling team led by former Tour de France winner Bjarne Riis lost one of its main sponsors Monday after software firm IT Factory declared bankruptcy and said its chief executive had embezzled 500 million kroner ($85...Tags: Fraud, Bankruptcy, Computer Sciences Corporation, Cycling, Corporate Crime
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