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Snipes accused of Tax Humbug

Wed, 18/10/2006 - 12:23 by Gunika Khurana

Wesley Trent Snipes, American actor, martial artist and film producer, best known for his role as the eponymous vampire hunter in the ‘Blade’ trilogy of movies, has been accused of tax fraud and conspiracy after a four year inquiry by the Internal Revenue Service (IRS).

HP appoints Jon Hoak as new chief ethics officer

Fri, 13/10/2006 - 18:10 by Poonam Wadhwani

Hewlett-Packard, a technology solutions provider to consumers, businesses and institutions globally, on Thursday announced the appointment of Jon Hoak as vice president and chief ethics and compliance officer.

Airbus CEO Streiff pulls up stakes after 3 months

Tue, 10/10/2006 - 01:14 by Gunika Khurana

The CEO of aircraft manufacturer Airbus, Christian Streiff, resigned the post on October 9, 2006, a little more than three months after he accepted the position.

Inflation Study fetches Nobel Prize for Economist Phelps

Mon, 09/10/2006 - 19:03 by Gunika Khurana

The 2006 Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, commonly known as the Nobel Prize in Economics, was bagged by America’s Edmund S Phelps for his notable work in the fiel

BA's fuel inquiry engulfs two officials

Mon, 09/10/2006 - 15:44 by Gunika Khurana

British Airways, the largest airline of the United Kingdom, undergoing inquiry by the U.K. and U.S authorities for suspected price fixing of fuel surcharges, said on Monday, that the two officials on

Dunn and four others face felony charges

Thu, 05/10/2006 - 18:42 by Gunika Khurana

On Wednesday, California attorney general issued crime charges against Patricia Dunn, the former non-executive chairman of the board of Hewlett-Packard Company, a position she held between February 20

Survey portrays a lift in U.S. consumer confidence

Tue, 26/09/2006 - 22:00 by Samia Sehgal

The falling energy costs helped raise the consumer confidence much higher than expected by analysts, in September. The Conference Board said its index of consumer sentiment climbed up from an upwardly-revised 100.2 in August to 104.5, in September.

Photographer James Nachtwey wins $250,000 Heinz Award

Mon, 25/09/2006 - 21:43 by Jyotirmoy

New York-based photographer James Nachtwey, who grew up in Leominster and has documented war, genocide and famine around the world for more than two decades, today won a $250,000 Heinz Award in arts a

Compton to be the North American CEO of PepsiCo

Sun, 17/09/2006 - 11:47 by Samia Sehgal

As a part of reorganizing its business in the North American region, PepsiCo Inc. on Friday said the newly created post of chief executive officer for North American operations will be taken over by John Compton.

Central banker’s death shatters Russian banking sector

Fri, 15/09/2006 - 15:53 by Shubha Krishnappa

The deputy chairman of Russian Central Bank, Andrei Kozlov, who struggled hard to clean up his country's smoggy banking system, died early Thursday, after being attacked by unidentified gunmen who shot him in the head and chest.

Former Boeing’s executive, the new CEO of Ford

Wed, 06/09/2006 - 17:07 by Gunika Khurana

Operational head Bill Ford’s stint with his grand father’s legacy, Ford Motor Co. has passed into the hands of a person from outside the industry.