BRIEFLY DISNEY PARKS BOSS GETS PROMOTION.Paul Pressler Paul Pressler was the president and CEO of Gap, Inc. from September 2002 to 22 January 2007.[1]. He also simultaneously departed from the position on Gap's board of directors he received in October 2002. Pressler is a director of Avon Products. has been promoted to chairman of Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Parks and Resorts, adding responsibility for long-term growth and international expansion to the duties he held as the group's president since 1998, Disney officials announced Thursday. Pressler, 43, will be in charge of the company's theme parks and resorts, the Disney Cruise Line Disney Cruise Line is owned by The Walt Disney Company and headquartered in Celebration, Florida. The business is run by President Tom McAlpin as part of the Walt Disney Parks and Resorts division. , Disney Regional Entertainment and Walt Disney Imagineering. The move comes with attendance and earnings at the company's parks and resorts at an all-time high, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Disney's 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. , Robert A. Iger. Next year, Disney plans to open its California Adventure theme park next to Disneyland Resort
The Disneyland Resort is a recreational resort complex in Anaheim, California. and its Tokyo DisneySea at Tokyo Disneyland. A second theme park at Disneyland Paris is set to open in 2002. - Daily News 'Millionaire' to be handheld game Interactive game maker THQ THQ Toy Headquarters THQ Territorial Headquarters THQ Tehsil Headquarters (Pakistan) THQ The Holy Quran THQ Theater Headquarters Inc. of Calabasas and Disney Interactive have reached an agreement to release a version of the popular ``Who Wants to Be a Millionaire'' game for the handheld Game Boy Color The Game Boy Color (ゲームボーイカラー system. The Game Boy version to be released this fall is patterned after two previous releases of the game for personal computers, which were among the industry's fastest-selling releases, a spokesman for THQ said Thursday. As in the ABC television show, Game Boy players will navigate through 15 multiple-choice questions of increasing difficulty in a broad range of topics. Titled Who Wants to Be a Millionaire Second Edition, the Game Boy version has 600 questions in all. Unlike the show, the home or portable games offer no real payout. - Daily News Vitesse revenues up by 56 percent Vitesse Semiconductor Corp., a designer and supplier of high-performance semiconductors, on Thursday reported third-quarter revenues $114.1 million, an increase of 56 percent from $73.3 million in the same period last year. For the nine months through June, revenues were $303.7 million, a 51 percent increase over the $201 million in the first nine months of the previous fiscal year. The Camarillo-based company reported net income of $32.1 million, or 17 cents per shares Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , compared with $15.2 million, or 8 cents per share, in the third quarter of last year. Including $21.4 million in costs related to the completed acquisitions of Orologic Inc. and SiTera Inc., Vitesse had net income of $13.3 million or 7 cents a share. Shares of Vitesse gained $6.75 on Thursday to close at $86.688 on heavy volume of 11,492,200 on the Nasdaq composite index Nasdaq Composite Index An index that indicates price movements of securities in the over-the-counter market. It includes all domestic common stocks in the Nasdaq System (approximately 5,000 stocks) and is weighted according to the market value of each listed . - Daily News Health care firm settles with U.S. A health care company will pay $53 million to settle allegations of overcharging in Medicare, Medicaid and the Defense Department's Tricare health care program, the Justice Department announced Thursday. The agreement with Gambro Healthcare Inc. involved accusations of double-billing and medically unnecessary tests for patients with kidney problems by a pair of Gambro subsidiaries at labs in Fort Lauderdale and Deland, Fla. The Deland lab was closed in 1998. As part of the settlement, Gambro and a subsidiary, Healthcare Laboratory Services Inc., are entering a comprehensive five-year corporate integrity agreement with the companies undergoing annual independent audits and providing compliance training to employees. The overcharging was discovered in an investigation by the inspector general's office of the Department of Health and Human Services Noun 1. Department of Health and Human Services - the United States federal department that administers all federal programs dealing with health and welfare; created in 1979 Health and Human Services, HHS . - Associated Press Judge questions Block settlement A federal judge in Chicago is considering modifying a proposed $25 million settlement in a lawsuit filed against H&R Block by customers who got loans against their tax refunds. The settlement would provide $15 each to about 1.4 million Block customers who critics claim were treated unfairly when they got refund anticipation loans. But critics say the settlement is too low and represents a cozy arrangement by the class-action attorneys with Block and Beneficial Finance, a lender that provided money for the loans. At the core of the case are loans made through Block that enable customers due a refund from the Internal Revenue Service to get their money, minus a hefty fee, without waiting. Critics say that, on an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. basis, such flat fees have topped 250 percent in some cases. They note that Block until recently had not told customers that it gets almost half of the interest, as well as a separate fee, as a partner with Beneficial Finance. - Associated Press |
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