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New Clues found in Diana's Death

Wed, 31/05/2006 - 15:56 by MT Bureau

An investigation into the death of Diana, Princess of Wales, has uncovered fresh forensic evidence and witnesses.

Lord Stevens, the former head of London's Metropolitan Police, made this disclosure.

Dusk for CEO McNealy as SUN rises for Jonathan Schwartz

Tue, 25/04/2006 - 07:56 by MT Bureau

Scott McNealy, the often outspoken co-founder of Sun Microsystems Inc. and one of Microsoft Corp.'s most vocal critics, stepped down Monday, ending a 22 years long career as one of Silicon Valley's most colorful and controversial CEOs.

LNM becomes Britain's Wealthiest Ever Person

Sun, 23/04/2006 - 12:31 by MT Bureau

Britain's 1000 richest people became richer by 50 billion Pounds as Indian born steel tycoon Lakshmi Narayan Mittal was on Sunday declared the wealthiest person of all times in Britain.

They are worth Billions - Forbes

Sat, 11/03/2006 - 05:14 by MT Bureau

As emerging economies gained wealth, the total number of billionaires throughout the world increased by 102 over last year to a record 793, according to Forbes Magazine. Their combined wealth grew 18 percent to .6 trillion, according to Forbes magazine’s 2006 rankings of the world’s richest people. Investors in new industry sectors popped up on this year’s list, most notably those with holdings in alternative energy and online gaming.

GATES IS WORLD'S RICHEST MAN AGAIN - FORBES

Fri, 10/03/2006 - 10:30 by MT Bureau

According to the annual rich list published by Forbes, Bill Gates is still perched atop as the world’s richest man followed by some 792 billionaires, up 15 percent from last year with rising numbers from India, Russia, Brazil and Middle East.

Lenovo to replace its CEO with Ex-DELL executive

Wed, 21/12/2005 - 23:06 by MT Bureau

Stephen Ward, the IBM PC executive, who became the CEO of Lenovo last year after the much-publicized merger of the two companies, has stepped down to make way for William Amelio, who was a senior executive at DELL before he joined Lenovo. Amelio’s appointment comes after the company reported poorer-than-expected July-September results. The change will be implemented with immediate effect.

Maffei For Liberty

Thu, 10/11/2005 - 05:57 by MT Bureau

Liberty Media Corp. said on Wednesday that it had selected departing Oracle Corp. CFO Gregory B. Maffei to become its chief executive to take the position of John C. Malone, who will remain as chairman--and, will continue to have a strong influence in guiding the cable giant. Maffei will take over during the second quarter of 2006.

Stringer to Strike, Sony Slashes 10k Jobs

Fri, 23/09/2005 - 05:28 by MT Bureau

He’s slashing costs aiming to build gizmos that will be lean ,mean fighting machines battering it’s competitors all over the market. When Sir Howard Stringer made his debut in March as the new head of Sony, he described a company in need of "redefinition." In the span of a few years, Sony had gone from pioneer to has-been.For a considerable time Sony’s products have been pushovers no different from its competitors lacking design and cutting edge technology for which Sony was an epitome.

FDA Director Resigns Over Plan B Delay

Thu, 01/09/2005 - 07:49 by MT Bureau

The director of the Food and Drug Administration’s Office of Women’s Health resigned Wednesday to protest the agency’s delay in allowing over-the-counter sales of emergency contraception.

Dailmer chief Schrempp to quit by year end

Thu, 28/07/2005 - 20:23 by MT Bureau

DaimlerChrysler AG Chief Executive Juergen Schrempp, whose 1998 takeover of Chrysler Corp. created the world’s fifth-largest carmaker, will step down on Dec. 31. The company’s stock had its biggest gain in three years.

3M chief new CEO of Boeing

Fri, 01/07/2005 - 17:29 by MT Bureau

Aerospace giant The Boeing Co. turned Thursday to 3M CEO W. James McNerney Jr. in a bid to restore stability and high ethical standards to the company’s top job.

Oracle names Gregory Maffei as new CFO

Sat, 25/06/2005 - 07:23 by MT Bureau

Oracle Corp. on Friday announced former Microsoft executive gregory Maffei as its new chief financial officer.