Word: ceo
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...workforce, and it shuttered its Los Angeles office. Commissioner David Stern has predicted a "modest" decline in season-ticket sales, though sales in some markets, like Houston, are strong. "I will say that corporate sponsors are a bit later than usual coming to the party," says Houston Rockets CEO Tad Brown. "That's the one area where we've had to be more attentive and where we've seen delays in funding...
...turmoil has already stalled the planned sale of the Chicago Cubs, and owner Sam Zell, CEO of the Tribune Company, should expect a less appealing bid. "This downturn makes deals harder to get done," says Sal Galatioto, president of Galatioto Sports Partners, a consulting firm. "It's more difficult to get debt to purchase a team, and that debt is more expensive...
...With global growth expected to slow further in coming months, the pressures facing manufacturers certainly will increase. Some Chinese companies are giving up their export businesses entirely. Shi Junmin, CEO of Pinghu Mingda Bag and Suitcases Co. in Zhejiang province near Shanghai, had been selling suitcases to U.S. customers since 2006. He stopped in June. Orders were still flowing in from America, but clients, strained by the financial crisis, were not paying him, Shi says. By midyear, he says, he was owed some $3 million. Shi instead shifted to manufacturing luggage for local China brands, hoping domestic sales could rescue...
...Health Alliance’s CEO Dennis D. Keefe met Friday with members of the state’s administration, who confirmed that the state is reversing its commitment for certain funding this year, according to a letter he wrote to the community...
...shift among electronics-industry workers, who, like many Americans, are gradually focusing attention on the environmental value of their work. Their bosses have noticed. "We're all citizens of the world, and everyone wants to work for an employer who leaves the world a better place," says Gary Shapiro, CEO of the CEA. "We do want to keep employee turnover down...