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Sunday, February 5, 2012

BlackBerry maker’s CEOs hand reins to insider

Posted by Reuters: Business News on January 23, 2012

WATERLOO, Ontario (Reuters) – Research In Motion’s Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co-CEOs, handing the top job to an insider with four years at the struggling BlackBerry maker.



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BlackBerry maker CEOs step down as pressure mounts

Posted by Reuters: Business News on

WATERLOO, Ontario (Reuters) – Research In Motion’s Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co-CEOs and co-chairmen, handing the top job to an insider with four years at the struggling BlackBerry maker.



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RIM close to stripping CEOs of chairmanship: report

Posted by Reuters: Business News on January 3, 2012

TORONTO (Reuters) – Research In Motion is close to a decision on stripping its co-chief executives of their other shared role as chairman of the board, a newspaper said on Tuesday, a change that could meet a key demand from angry and disillusioned investors.



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SEC sues former top execs at Fannie, Freddie

Posted by Reuters: Business News on December 16, 2011

NEW YORK (Reuters) – U.S. securities regulators sued six former executives at Fannie Mae and Freddie Mac on Friday, including ex-CEOs of both mortgage finance companies, saying they misled investors over exposure to risky home loans.



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BlackBerry co-CEOs seek to control the damage

Posted by Reuters: Business News on October 13, 2011

TORONTO (Reuters) – Research In Motion has fixed the root cause of a global disruption of BlackBerry services and is still working to clear a backlog of delayed messages, its co-CEOs said on Thursday, hoping to control the damage to RIM four days after the outage began.



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U.S. facing slow growth, not recession, CEOs say

Posted by Reuters: Business News on October 6, 2011

COLUMBUS, Ohio (Reuters) – The economy is not slipping back into recession, but will face a long, slow recovery as political gridlock in Washington and Europe make businesses nervous about investing, U.S. corporate leaders said.



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Some U.S. firms paid more to CEOs than taxes: study

Posted by Reuters: Business News on August 31, 2011

WASHINGTON (Reuters) – Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study said on Wednesday.



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Bank CEOs warn "grave" consequences if no debt deal

Posted by Reuters: Business News on July 28, 2011

WASHINGTON (Reuters) – Chief executives from the nation’s largest financial firms on Thursday pressured the White House and Congress to reach a deal on the debt ceiling and deficit reduction, saying the consequences of inaction “would be very grave.”



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CEOs less confident about economy: Roundtable

Posted by Reuters: Business News on June 14, 2011

NEW YORK (Reuters) – Most chief executive officers of large U.S. companies expect higher sales and higher capital spending in the next six months, but their optimism about economic conditions and expectations for growth are more muted than three months ago, according to a quarterly survey.



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Wall Street needs to speak clearly, listen harder: CEOs

Posted by Reuters: Business News on May 23, 2011

WASHINGTON (Reuters) – Individual investors are wading back into the market nearly three years after the financial crisis, but some U.S. brokerage executives said their customers remain cautious.



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