BRIEFCASE BRIGHTCUBE INKS WORLDPAY ACCORD.Byline: - From staff and wire reports EL SEGUNDO El Segundo (ĕl sēgŭn`dō), industrial city (1990 pop. 15,223), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1917. Its products include navigation and computer systems, aircraft parts, office machines, telephone apparatus, and - Brightcube, paper producer for art professionals, has inked a deal with WorldPay, enabling the company to expand its operations internationally. El Segundo-based Brightcube said its overseas expansion required a payment processor like WorldPay to ease the burden of transactions via the Internet with international customers. Brightcube offers online print-on-demand services in Australia, Canada and Japan, while United Kingdom-based WorldPay works with more than 14,000 online merchants in 115 countries. Cruise marriage may go on rocks LONDON - P&O Princess Cruises Princess Cruises is an American cruise line, based out of Santa Clarita, California, that operates cruise ships also shares the same building with Cunard Line headquarters. It is one of the many cruise lines operated by the Carnival Corporation. PLC faces a possible mutiny mutiny, concerted disobedient or seditious action by persons in military or naval service, or by sailors on commercial vessels. Mutiny may range from a combined refusal to obey orders to active revolt or going over to the enemy on the part of two or more persons. today when it asks shareholders to approve a friendly merger that would create a new world leader in the cruise ship business. Investors are likely to ignore management's advice to approve a union with Royal Caribbean Cruises Ltd. and instead delay a decision until they can better assess a takeover bid Noun 1. takeover bid - an offer to buy shares in order to take over the company two-tier bid - a takeover bid where the acquirer offers to pay more for the shares needed to gain control than for the remaining shares by Carnival Corp., industry analysts said Wednesday. Industry leader Carnival, which has sweetened sweet·en v. sweet·ened, sweet·en·ing, sweet·ens v.tr. 1. To make sweet or sweeter by adding sugar, honey, saccharin, or another sweet substance. 2. To make more pleasant or agreeable. its offer three times, said last week that it had 29 percent support among Princess' shareholders for a delay in the vote on a merger with Royal Caribbean. Princess has a large call center based in Valencia. Retailers record small sales drop WASHINGTON - Consumers trimmed their spending on cars as free-financing offers waned, contributing to a modest drop in sales at the nation's retailers in January. Outside of autos, sales rose by the largest amount in nearly two years, a promising sign as the country tries to come out of a recession. Bargain-hungry shoppers last month snapped up clothing that had been heavily discounted, and they spent briskly on other items, including building supplies, health and beauty products, and home furnishings. United, union set talks on new pact CHICAGO - Facing the threat of a crippling strike within a week, United Airlines scheduled urgent new talks with its mechanics union Wednesday after its contract offer was resoundingly re·sound v. re·sound·ed, re·sound·ing, re·sounds v.intr. 1. To be filled with sound; reverberate: The schoolyard resounded with the laughter of children. 2. rejected. Officials at the world's second-biggest airline agreed to meet with union negotiators in Chicago starting Friday, just 4 1/2 days before the mechanics can legally strike at 12:01 a.m. Wednesday. Both the airline and industry analysts played down the likelihood of a walkout, which would be the first at Elk Grove Elk Grove can refer to:
Sony arm names sales executives CULVER CITY Culver City, city (1990 pop. 38,793), Los Angeles co., S Calif., a residential suburb of Los Angeles; inc. 1917. It is a center of the U.S. motion-picture industry, whose roots in the city date to c.1915. Its chief manufactures are rubber products and computers. - Rory Bruer was named president of Sony Pictures Releasing and David Garel was promoted to executive vice president and general sales manager sales manager n → gerente m/f de ventas sales manager n → directeur commercial sales manager sale n → of the division, it was announced Wednesday. Bruer previously served as executive vice president and general sales manager of the division. Garel had held the title of executive vice president and assistant general sales manager. The two are the chief sales executives responsible for the domestic distribution of all Columbia, TriStar and Screen Gems film titles, as well as projects released by Revolution studios. Sony Pictures Releasing operates five sales offices in four cities. The division includes more than 100 employees nationwide. Store's founder giving up 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. role Leonard Riggio, founder, chairman and chief executive of the bookstore chain Barnes & Noble, is stepping down from his role as chief executive and naming his younger brother Wiki is aware of the following uses of "'Younger Brother":
In an interview on Wednesday, Leonard Riggio said he would remain an active chairman. He said he would oversee strategic matters like any mergers and financings, but planned to relinquish ``100 percent'' of day-to-day matters to his brother. Riggio, who is 60, said he hoped to spend more time on other interests like liberal politics and modern art, and he extolled his brother's performance in many aspects of Barnes & Noble's business. Corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. experts, however, said appointing the chairman's brother as chief executive may raise eyebrows. Leonard Riggio is also the company's largest shareholder, with 22 percent of the company's stock, and the board assented to the appointment without conducting a search for another candidate or naming a special committee of outside directors to approve it. ``It raises questions of whether the board is capable of acting with sufficient independence in those circumstances to protect the interests of all shareholders,'' said Edwin H. Stier, a lawyer who specializes in investigations of corporate governance. ``In my experience there is at least an effort made to go through a selection process for the top executive of the company.'' Leonard Riggio, however, said his brother, who is 47, was the natural and best choice for the job because of his extensive experience at the company over the last 26 years, including a period as 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. and his current role as vice chairman. He said the nine-member board, which includes five outside directors, approved Stephen Riggio unanimously. |
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