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CNN
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Facing its second toy recall in two weeks, the CEO of Mattel Inc. insisted Tuesday that his company has "rigorous standards" and apologized for the global pullback of millions of toys. The toys were manufactured in China.
The recall, which was announce..
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Yahoo News
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Dell Inc., battered by battery recalls and disappointing earnings, said Wednesday that Chairman Michael Dell will return to run the company he had built into one of the world's largest makers of personal computers...
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New York Times
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Robert L. Nardelli, the chief executive of Home Depot, who came under heavy criticism for his pay package and failure to lift the chain’s stagnant stock price, has abruptly resigned, the company said today...
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MSNBC
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American International Group Inc., which has lost billions on bad bets on the mortgage market, on Sunday named former Citigroup Inc. executive Robert Willumstad to replace the insurer’s besieged chief executive.
Willumstad, 62, will take over from Ma..
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BusinessWeek
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The JPMorgan CEO dodged subprime, bought Bear, and still has funds to spare
In case there were any lingering doubts that JPMorgan Chase (JPM) Chief Executive Jamie Dimon had emerged from the credit crisis on top of the U.S. banking heap, more proof cam..
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BusinessWeek
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The board referred to a series of setbacks, but paying $25 billion for Golden West Financial at the housing bubble's peak clearly led to the CEO's ouster
In his first five years as chief executive of First Union—later to become Wachovia (WB)—Ken Th..
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BusinessWeek
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The CEO of Alcatel-Lucent, the world's largest telecom equipment maker, says the industry's outlook may be uncertain but growth opportunities remain
Is the market for telecom network equipment, like most of the economy, in a downturn? Not according to..
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BusinessWeek
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In light of a surprising third-quarter loss, analysts sound cautionary notes and CEO Schwartz announces plans to lay off up to 2,500 employees
A day after posting its worst financial results in more than a year, Sun Microsystems (JAVA) announced May 2..
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BusinessWeek
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The Renault-Nissan CEO is fighting to keep pace in the U.S. and chasing Chinese and Indian customers
Carlos Ghosn, CEO of both Renault and Nissan Motor, faced some petulant shareholders at the French automaker's annual meeting on Apr. 29 in Paris. One..
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BusinessWeek
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Profits drop sharply after a report that corruption at the German engineering giant was widespread, but the CEO remains upbeat on growth
German engineering giant Siemens has been going through a pretty torrid time recently. It has had to deal with a nu..
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BusinessWeek
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After a long silence, Boeing CEO James McNerney admits the company may have moved "a little too far, too fast" on the 787 Dreamliner
As Boeing (BA) has suffered repeated delays on its much-ballyhooed 787 Dreamliner commercial jet, some company insiders..
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BusinessWeek
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First came Freescale's ugly private equity deal. Now the chipmaker has lost its CEO—and its bearings
When a posse of private equity firms decided to buy Freescale Semiconductor (FSL) in 2006, Michel Mayer was a major reason why. The 48-year-old Frees..
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BusinessWeek
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UAL should keep United Airlines in Chicago—but send Glenn Tilton, its deal-hungry CEO, packing
It's hard to find a chief executive more eager to dump his own company than UAL's Glenn Tilton. For months now, airline CEOs have been playing the dating g..
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BusinessWeek
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After weathering an acrimonious split from Intel and harsh criticism from critics, One Laptop Per Child is reorganizing—and looking for a new CEO
Over the past two decades, multimedia pioneer and college professor Nicholas Negroponte has gained a rep..
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BusinessWeek
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Aon, under the deft hand of new CEO Greg Case, has emerged as the nation's largest insurance broker
Things looked bleak for Aon (AOC) three years ago, after regulators from New York, Connecticut, and Illinois teamed up to accuse it and other insurance..
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MSNBC
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The board of Citigroup Inc. is scheduled to hold a two-day meeting this week as it weighs candidates, including Citi executive Vikram Pandit, to become chief executive of the largest U.S. bank, a source familiar with situation said on Sunday.
The regul..
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BusinessWeek
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Now that John Thain has accepted the top job at Merrill, Citigroup will have to look farther afield for a new chief
Now what about Citi?
With John Thain's decision to become chief executive at Merrill Lynch has lost a leading candidate in its own CE..
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BusinessWeek
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Ford's UAW deal will save about $1 billion per year. Now CEO Mulally needs to spend the money building cars people want more than Toyota's.
Ford CEO Alan Mulally hasn't exactly been treading water for the past 14 months in anticipation of this week's h..
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BusinessWeek
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Without additional investment from owner Cerberus Capital, CEO Nardelli has to turn the automaker around on the cheap
Insiders at Cerberus Capital Management deny that they're just trying to strip out costs and flip Chrysler. But they are leaving nothi..
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BusinessWeek
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Chairman Rubin has his work cut out for him as he sets out to find a permanent CEO up to the task of leading Citi back to prosperity
Who should lead Citigroup? It's a tough question.
Even Robert Rubin, the newly appointed Citigroup chairman and form..
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