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Time Warner Richard Parsons

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Opinion divided on Time magazine's decision

 Time magazine's decision to reveal the source of an investigative story by its reporter has divided scribes and academics in New York.Critics describe the decision as capitulation, saying that now,......

Citi mulls board revamp

 Battered Citigroup is considering restructuring its board after the departure of long time members Kenneth Derr and Franklin Thomas in the wake of criticism of its ability to supervise its......

Richard Parsons to be Citi chairman

 Battered Citigroup has named Richard D Parsons as its Chairman to replace Win Bischoff, who retires later this year. Lead director and chairman of the board's nomination and governance committee,......

Citigroup under pressure to rejig board: Report

 Financial services provider Citigroup is under pressure from federal banking regulators for shuffling its board, including the replacement of its chairman, amid concerns whether chief executive......

'Aggressive action' mooted to boost US economy

 Favouring 'aggressive action' to boost the shaky American economy, House Speaker Nancy Pelosi has proposed a two-stage effort with a $60-100 billion stimulus package this month followed early next......

Citigroup may get an Indian CEO

 Former US Treasury Secretary Robert E Rubin has been appointed as the chairman of the Citigroup after the resignation of its embattled CEO Charles Prince, prompted by major write-offs by the......

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