Word: chairmans
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...should NASCAR rev up its popularity during a recession? Maybe Bruton Smith has the answer. Smith, the chairman and CEO of Speedway Motorsports, which owns seven racetracks on the Sprint Cup circuit, recently ruminated about three-time defending champ Jimmie Johnson at a media event. "Great guy," he said. "He's a neighbor. I like him a lot. I like his wife. But if Jimmie would just get out of his car and go over and slap somebody one time, that would help. He can slap me. I don't care, but I'd just like to see these drivers...
...biggest television advertisers. Even Toyota, which controversially entered stock-car racing two years ago, expects a nearly $3.9 billion full-year loss, its first since 1950. An auto failure would be catastrophic for the sport. "The uncertainty of it all is what keeps you up at night," says NASCAR chairman and CEO Brian France. "You know, trying to figure out where the bottom...
With Georgia facing a $2 billion budget shortfall, Seth Harp, chairman of the state senate's higher-education committee, has proposed merging historically black public universities with mostly white schools nearby to cut administrative costs. Among other drawbacks, critics say, the move could mean fewer scholarships, larger classes and teacher layoffs. But race is the thorniest issue by far. "We've made tremendous progress in Georgia," says Harp. "I just think it's the right time to get rid of this vestige of legal segregation." (See pictures of a diverse group of American teens...
...that until recently, Representatives weren't even allowed to use sites like Twitter. But last summer, Representative John Culberson, a Texas Republican who not only posts Tweets but video-blogs on Twitter, helped organize a petition to allow members broader access to social-networking sites. Culberson cornered Michael Capuano, chairman of the House Franking Commission (officially the Commission on Congressional Mailing Standards) in a corridor with a video-enabled cell phone to ask him about opening up the rules. Such moves led to a protest website, letourcongresstweet.org, and Twitter's first petition. The rules were relaxed in October. "The freshmen...
...company. "Our top priority is to protect the jobs of the software professionals," announced Y.S. Rajasekhara Reddy, chief minister of the state of Andhra Pradesh, where Satyam is based. In October, Indian airline Jet Airways reversed a decision to lay off 1,900 staff after some weeping victims melted Chairman Naresh Goyal's heart. "I could not sleep at night," he confessed at a press conference. "I was mentally disturbed when I saw tears in their eyes." (Although he said he changed his own mind, Goyal might also have been influenced by Civil Aviation Minister Praful Patel, who claimed...