BRIEFCASE BORICK APPOINTED HEAD OF SUPERIOR.Byline: - Staff and Wire Services VAN NUYS - Superior Industries International Inc. announced Tuesday that the Van Nuys company's executive vice president was named president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , effective Jan. 1. Steven Borick, 50, has held his current post since 2000 and has been a company director since 1981. Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , Volkswagen, Audi, Land Rover See LANRover. , MG Rover, Toyota, Mazda, Mitsubishi, Nissan, Subaru and Isuzu. 'X-Files' games are going mobile Fox Licensing and Merchandising and Sorrent announced a publishing agreement Tuesday to develop games and entertainment content for cell phones and other connected handheld devices based on ``The X-Files.'' The games and entertainment downloads will include single and multiplayer adventure games, downloadable ring tones and wallpaper, and are expected to be released beginning early next year. ```The X-Files' is a powerful global brand with an active and dedicated following,'' said Scott Orr Scott Orr is an American computer game and video game designer best known as the original lead designer on the first video game console versions of the best-selling game of all time in North America, Madden NFL Football. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and chief creative officer of Sorrent. ``We plan on delivering a mobile entertainment experience that provides a new form of expression for X-Files fans.'' Hilton Hotels gets L.A.'s Checkers Beverly Hills-based Hilton Hotels Corp. announced Tuesday its return to downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or with the newly renovated Hilton Checkers Los Angeles. Formerly the Wyndham Checkers hotel, the Hilton Checkers Los Angeles will continue to be managed by Tarsadia Hotels and operated under a franchise license agreement with Hilton Hotels Corp. The 12-story hotel is in the final stages of a $4 million hotelwide renovation, which includes both guest rooms and public space enhancements. The hotel is located in a building which dates back to the 1920s and is listed on the National Historic Register. Syncor Taiwan guilty of bribing WASHINGTON - Syncor Taiwan Inc. pleaded guilty Tuesday to a charge of bribing Taiwanese physicians and was fined $2 million by a federal judge, according to the Justice Department. A wholly owned indirect subsidiary of Syncor International Corp. of Woodland Hills, Syncor Taiwan admitted paying physicians $344,110 in commissions in return for sales of radioactive substances manufactured by the company. The company also admitted it paid at least $113,007 for referral of patients to the company's medical imaging centers. Syncor International was the subject of two Foreign Corrupt Practices Act Foreign Corrupt Practices Act An amendment to the Securities Exchange Act created to sanction bribery of foreign officials by publicly held US companies. Foreign Corrupt Practices Act enforcement proceedings Tuesday at the Securities and Exchange Commission, the Justice Department said. Syncor International agreed to pay a $500,000 civil penalty in one of the proceedings, the largest ever obtained by the SEC under the act. A company spokesman couldn't be reached for immediate comment. Fed leaves key rate unchanged WASHINGTON - The Federal Reserve left a key interest rate unchanged at a 41-year low Tuesday, giving consumers and businesses more time to take advantage of rock-bottom borrowing costs to help the economy snap out of its listless (programming) listless - In functional programming, a property of a function which allows it to be combined with other functions in a way that eliminates intermediate data structures, especially lists. state. At their last meeting of this year, Fed Chairman Alan Greenspan Alan Greenspan Dr. Greenspan is Chairman of the Board of Governors of the Federal Reserve System. Dr. Greenspan also serves as Chairman of the Federal Open Market Committee (FOMC), the Fed's principal monetary policymaking body. and his Federal Open Market Committee colleagues opted to hold the federal funds rate Federal Funds Rate The interest rate at which a depository institution lends immediately available funds (balances at the Federal Reserve) to another depository institution overnight. steady at 1.25 percent. The funds rate is the interest that banks charge each other on overnight loans and is the Fed's main lever for influencing the economy. United reassures fliers, employees CHICAGO - A day into its bankruptcy reorganization, United Airlines held preparatory talks with its unions Tuesday on concessions while its CEO began a tour of United's U.S. hubs as part of a campaign to reassure passengers and employees. The world's No. 2 airline stressed that it was business as usual for its daily flight operations in the wake of the largest bankruptcy filing in aviation history. But its financial emergency, including daily losses as high as $22 million, continues despite the protection of U.S. Bankruptcy Court bankruptcy court n. the specialized Federal court in which bankruptcy matters under the Federal Bankruptcy Act are conducted. There are several bankruptcy courts in each state, and each one's territory covers several counties. . United moved quickly to start addressing top priorities in bankruptcy: customers and cost cuts. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion