BRIEFCASE.Byline: -- Staff and Wire Services Disney names new executive BURBANK -- Arthur Hair was named chief technology officer and senior vice president for The Walt Disney Studios The name Walt Disney Studios may refer to:
Hair, who will report to studio President Alan Bergman, will be responsible for the studio's technology strategies. He will work closely with the studio's business units to identify opportunities for leveraging technology to take advantage of the rapidly evolving marketplace. He previously served as chief technology officer for broadband entertainment distribution company SightSound Technologies, a position he held since 1995. New Youbet vice president named WOODLAND HILLS -- Todd Galbate was named vice president of Client Services at Youbet.com Inc., the company announced today. In his new position, Galbate will oversee areas of the company that are responsible for providing wagering, information and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services to customers of Youbet's online and telephone pari-mutuel units. Galbate has more than 20 years of general management, sales, customer service and marketing experience. Before joining Youbet, he was President of Circulation Services, Inc., a provider of outsourced call center support and direct subscription marketing for the newspaper industry located in Fort Collins, Colo. Oil prices fall to year's lowest WASHINGTON -- Oil prices fell to their lowest level this year on Wednesday as doubts grew that there is a consensus within OPEC OPEC: see Organization of Petroleum Exporting Countries. OPEC in full Organization of the Petroleum Exporting Countries Multinational organization established in 1960 to coordinate the petroleum production and export policies of its for an immediate output cut. Since July, the cost of crude oil has plunged by more than $20 amid rising global inventories, concerns about slowing economic growth and a milder-than-anticipated hurricane season Hurricane season refers to a period in a year when hurricanes usually form. For more information see: Tropical cyclone#Times of formation. For a lists of past seasons, see:
Against this backdrop, the president of the Organization of Petroleum Exporting Countries Organization of Petroleum Exporting Countries (OPEC), multinational organization (est. 1960, formally constituted 1961) that coordinates petroleum policies and economic aid among oil-producing nations. , Nigerian oil minister Edmund Daukoru Dr. Edmund Daukoru of Nigeria is the Nigerian Minister of Energy and former President of OPEC (Organization of Petroleum Exporting Countries) (2006). He is from the oil-rich Bayelsa state. He holds a Ph.D in Geology from Imperial College in London. , says there is a need -- and an agreement -- to cut production by 1 million barrels a day starting next month. But Saudi Arabia, the country whose participation is necessary to make any significant output reduction, has not publicly confirmed this. Light, sweet crude settled down 93 cents at $57.59 on the New York Mercantile Exchange New York Mercantile Exchange (NYMEX) The world's largest physical commodity futures exchange. . Visa plans to restructure NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Following the lead of MasterCard Inc., competitor Visa announced Wednesday that it plans to restructure its organization to create a new company and then sell shares in an initial public offering. The move announced by the San Francisco-based Visa, operator of the world's largest consumer credit card payment system, follows MasterCard's move last May to go public. Visa, which is an association owned by banks, initially said it wouldn't follow MasterCard's lead and, instead, sought to add more independent directors to its board and modify its operating rules. CAPTION(S): photo Photo: HAIR |
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