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Legg Mason's new CEO sees compensation more than double
The compensation of Legg Mason Inc.'s CEO and chief financial officer more than doubled over the year that ended March 31, according to a proxy statement filed Wednesday with regulators. CEO Joseph A. Sullivan, who took the helm of the Baltimore-based...
Tags: New Products, Harbor, Legg Mason, Inc., Economy, Business and Finance, Corporate Officers
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Lululemon seeks "head boss person," must love yoga
ReutersTORONTO (Reuters) - Yoga gear maker Lululemon wants a "head boss person" who can communicate in Sanskrit, hold a headstand for at least 10 minutes and is ready to break the rules, the Vancouver-based company said on Friday in a tongue-in-cheek job ad....Tags: Physical Fitness and Exercise, Economy, Business and Finance, Corporate Officers, Ellen DeGeneres, Oprah Winfrey
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Deals of the day -- mergers and acquisitions
ReutersJune 14 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday: ** China's Sinopec is negotiating to join a $20 billion liquefied natural gas project run by Russia's Novatek, a source close to the talks...Tags: Germany, Walmart, PetroChina Company Limited, Financial Markets, Corporate Officers
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Lululemon seeks new "head boss person"
ReutersYoga clothing retailer Lululemon is setting a high bar for its new CEO in a new tongue-in-cheek job ad: The ideal “head boss person” should be able to communicate in Sanskrit, hold a headstand for at least 10 minutes and be ready to break...Tags: Physical Fitness and Exercise, Economy, Business and Finance, Corporate Officers, Ellen DeGeneres, Oprah Winfrey
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Bain Capital's Guitar Center hits rough patch
ReutersNEW YORK, June 12 (Reuters-BUYOUTS)-Standard & Poor's cut its debt rating on Bain Capital-owned Guitar Center Holdings Inc late last month, as the music retailer purchased during the height of the 2007 buyout boom struggles with "weak operating trends."...Tags: Corporate Officers, Science and Technology, Electronics, Loans, Credit and Debt
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With Close Of Rocketdyne Sale, UTC Transformation Complete
The Hartford CourantUnited Technologies Corp. closed on the sale of its Rocketdyne rocket engine unit to GenCorp Inc., an aerospace and defense manufacturer based in Sacramento, the Hartford-based company said Friday. The initial $550 million deal, first announced about a...Tags: Russia, Sales, Fuel-efficient Vehicles, Mergers, Acquisitions and Takeovers, Economy, Business and Finance
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Clearwire urges shareholders to accept Dish offer
ReutersNEW YORK (Reuters) - Clearwire Corp's board urged shareholders on Wednesday to accept a tender offer from Dish Network Corp over an earlier deal with majority owner Sprint Nextel Corp to buy out the minority shareholders of the wireless service provider....Tags: Politics, Verizon Wireless, Comcast Corporation, AT&T Corp., Intel Corp.
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Visual Effects Shop for Daniel Radcliffe's 'Horns' Hasn't Paid Workers in Weeks (Exclusive)
ReutersJun 14 (TheWrap.com) - (Updated, 5:35 p.m. EST) The Montreal-based visual effects company Newbreed, which is working on the Daniel Radcliffe horror film "Horns," hasn't paid its workers in weeks and is financially struggling, a half-dozen current and...Tags: Bankruptcy, Employees, Daniel Radcliffe, Economy, Business and Finance, Transformers: Dark of the Moon (movie)
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EU mergers and takeovers (June 14)
ReutersBRUSSELS, June 14 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Diversified U.S. manufacturer Honeywell International Inc. to acquire mobile...Tags: General Electric Company, Mergers, Acquisitions and Takeovers, Virgin Group, Ltd., ConAgra Foods Incorporated, Delta Air Lines
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CORRECTED-(OFFICIAL)-FEATURE-US shale is a boon to manufacturers but not their workers
Reuters(Corrects last paragraph: U.S. Steel says plant manager misspoke and meant to say "million," not "billion") By James B. Kelleher YOUNGSTOWN, Ohio, June 14 (Reuters) - This city has been down for so long, it's hard to believe what's risen up here in...Tags: Metal and Mineral, Labor Markets, Investments, Tenaris SA, Conservation
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Steve Cooley and Alan Jackson join Hollywood legal battle
Former Los Angeles County Dist. Atty. Steve Cooley and former Deputy Dist. Atty. Alan Jackson have joined a high-stakes Hollywood legal battle related to the failed movie business dealings of construction magnate Ron Tutor and a partner. Last month,...
Tags: Lawyers, Cinema Industry, Steve Cooley, Bankruptcy, Trials
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Police: Second plant explosion in Louisiana, in as many days
ReutersAn explosion at a nitrogen plant in Donaldsonville, Louisiana, killed at least one worker and injured seven others on Friday, authorities said, one day after a deadly blast at another chemical plant about 10 miles away. The blast hit the CF Industries...Tags: Plant Openings, Chemical Industry, Explosions, Economy, Business and Finance, Texas Fertilizer Plant Explosion (2013)
Jun 12, 2013
|Story| Baltimore Sun
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters
Jun 12, 2013
|Story| Reuters
Jun 14, 2013
|Story| Hartford Courant
Jun 12, 2013
|Story| Reuters
Jun 14, 2013
|Story| Wrap
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Los Angeles Times
Jun 15, 2013
|Story| Reuters
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