Word: chairman
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Dates: during 2000-2009
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...Market is clear. With nondiscretionary products like toys more vulnerable to consumer-spending swings, Toys "R" Us needs to give parents more reasons to shop at its stores. "Certainly, we believe this is right for the times, or we wouldn't be rolling it out," says Gerald Storch, chairman and CEO of Toys "R" Us, which was taken private, for $6.6 billion, in 2005. "This direction is very consistent with economic trends, very consistent with the overall recessionary environment...
...Senate banking committee chairman Chris Dodd of Connecticut, facing daunting odds for reelection in 2010 and determined to show his independence from Wall Street, has produced a tough bill that would largely prevent issuers like Bank of America, Citibank, JP Morgan Chase, Capital One and American Express from raising rates on customers even when cardholders miss payments or their credit rating tanks. "Americans do not deserve to be pushed down the economic ladder by credit card companies," Dodd said as he rolled out the bill, "It's wrong, it's unfair, and it must...
...Charles Schwab does. That's partly because most customers at firms such as Merrill Lynch deal with intermediaries like brokers. Still, "while the retail investor may not have been accessing that research directly, investment professionals were consuming it and then presenting it to their clients," says Michael Mayhew, chairman and director of research at Integrity Research Associates, a firm that tracks and evaluates research outfits. When the settlement money stops, he says, "retail investors will have less information. That's absolutely clear...
...crude oil hit a 12-month high. The binge is being fueled in part by optimism that Beijing's $565 billion stimulus program will drive a turnaround in the sagging economy. "After a brief pause, China's appetite for natural resources has returned to buoyant levels," Jing Ulrich, chairman of China equities at J.P. Morgan in Hong Kong, wrote in a report this month...
Jack Dorsey, the founder and chairman of Twitter, sees no reason why Iraqis cannot join the growing chorus of global "tweets" appearing on computers and cell phones worldwide every day. "We've always been focused on making sure that the lowest common denominator, the weakest technology, still has a voice," said Dorsey, who was in Baghdad this week with a delegation of high-tech executives at the invitation of the State Department. Cellphone-carrying Iraqis, Dorsey said, could utilize Twitter applications on their current mobiles for a range of things, even without broadband Internet connections, which are still in short...