Word: ceos
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...Randy Phillips, CEO of promoter AEG Live, was directing events offstage when Paris took the microphone. "I lost it," he told TIME afterward. "I almost short-circuited my walkie-talkie crying into it. That made the whole thing personal...
...respect similar rules. But while U.S. efforts are underway to bolster the policing of hedge funds - and the meaning of equivalent regulation is still to be defined at the E.U. level - as it stands, "regulatory equivalence between the United States and European countries does not exist," says Andrew Baker, CEO of AIMA. "As of the date of introduction of that measure, you would have a lock out of all American managers from the European Union." That limits investors' choice, Baker says, especially since almost all E.U.-based managers market funds domiciled outside the region. (Read: "Is the Stock Market Cheap...
...concerning Michael Jackson memorial tickets in an effort to combat scalpers. On the site on Monday night, the only items available under "Michael Jackson Memorial" were T shirts. Still, organizers admitted they couldn't completely stop the blatant profiteering. "For those who take advantage of this," promoter AEG's CEO Tim Leiweke said last week, "shame on you." (See pictures of Jackson's Neverland Ranch...
...Jackson's reign could continue for years with fresh material that has never been released and artistic reworkings of existing classic tracks, according to Tommy Mottola, former CEO and chairman of Sony, the company that owns the distribution rights to much of Jackson's music. "The world will be listening to Michael Jackson for decades to come," Mottola tells TIME. (See the last photos of Michael Jackson...
...just reported a 3% increase in June. Audi is another carmaker showing signs of gaining share in a difficult market. While its sales are down slightly, Audi now holds more than 9% of the U.S. luxury market, its largest share in years. (Watch an interview with Ford CEO Alan Mulally...