Word: splitting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...tripled, to $1 billion in the first half of this year vs. the same period in 2008. Just as worrying: a shade under 4% of its home loans were more than three months in arrears, the company said Tuesday. (The average across Britain's banks is 2.4%.) Plans to split the bank into its "good" and "bad" halves - savers' deposits and new lending in the former, existing loans in the latter, as a prelude to reprivatization - still await the E.U.'s stamp of approval. (Watch an interview with British PM Gordon Brown...
...very rare when you split the chairman and CEO position for the top executive to stay in place," says Paul Miller, who follows Bank of America at FBR Capital Markets. The executive's performance during the financial crisis has come under increasing scrutiny in the past few months. At the center of the criticism, and the SEC complaint, is the way Lewis handled the Merrill Lynch acquisition. Lewis and his executives hammered out the details of the multibillion deal to buy Merrill over the course of a single weekend during the worst of the financial crisis. Quickly, it became apparent...
While some have speculated that the last straw was the recent FCC investigation into Apple's refusal to carry a native Google Voice app - supposedly on the grounds that it competes with partner AT&T's visual voice mails - the split was inevitable. (See pictures of work and life at Google...
...Mugabe turned his security forces on his own people, killing more than 100, arresting thousands and displacing tens of thousands. But this February, with the economy in free fall, Mugabe agreed to share power with Tsvangirai. Mugabe would remain President, Tsvangirai would be Prime Minister, and their parties would split the ministries and Cabinet. (Read TIME's exclusive interview with Tsvangirai...
...Washington RIP, F-22? In a 58-40 split, the U.S. Senate voted July 21 to scrap orders for seven F-22 fighter jets from a $679.8 billion military-spending bill, ending a standoff between lawmakers who defended the $1.75 billion project (which does not include R&D costs) as a way to create as many as 25,000 jobs and those who derided the combat plane as a relic of the Cold War. President Barack Obama, who threatened to veto the entire bill if the F-22 plans weren't eliminated, hailed the decision as a major victory...