Let the Cabinet shuffle begin

Let the Cabinet shuffle begin

WASHINGTON, Nov. 26 (UPI) -- Now that President Obama has won a second term in office, preparations have started to fill the expected vacancies in his Cabinet.

Rep. Frank proud of shareholder revolt

BOSTON, April 20 (UPI) -- Rep. Barney Frank, D-Mass., said shareholders at Citigroup would likely spur shareholders elsewhere to reject excessive executive pay packages.

Man allegedly kills step-dad, kidnaps woman

GOSHEN, Ohio, Nov. 17 (UPI) -- An Ohio man who was arrested after he allegedly kidnapped a former high school classmate has been charged with robbing and killing his stepfather.
Citigroup names Parsons as next chairman

Citigroup names Parsons as next chairman

NEW YORK, Jan. 21 (UPI) -- Struggling U.S. financial firm Citigroup Inc. has named former Time Warner chairman Richard Parsons to serve as its next chairman.

Citigroup pressured to change leadership

NEW YORK, Jan. 12 (UPI) -- U.S. regulators are pressing New York financial firm Citigroup Inc, to shake up its leadership team, sources said.
Parsons adds fuel to Time Warner reports

Parsons adds fuel to Time Warner reports

ATLANTA, May 17 (UPI) -- Time Warner could soon have a new chairman as current Chairman Richard Parsons indicated at the company's annual meeting in Atlanta he is about to leave.

Time Warner's Parsons giving up CEO duties

NEW YORK, Nov. 5 (UPI) -- Richard Parsons said Monday he will step down Jan. 1 after five years as chief executive officer of Time Warner, the world's largest media conglomerate.

Citi taps ex-Treasury secretary as chair

NEW YORK, Nov. 5 (UPI) -- A former U.S. Treasury secretary will take over as chairman of troubled Citigroup, which announced massive write-downs and the departure of its chief executive.

Time Warner chief to hand over control

LONDON, Oct. 27 (UPI) -- Time Warner chairman Richard Parsons soon will announce he will step down and hand over control of the U.S. media giant, a report said.

HBO's Albrecht takes leave after assault

LAS VEGAS, May 8 (UPI) -- The chairman and chief executive of the U.S. premium cable network HBO took a leave of absence Tuesday to seek alcohol counseling, the executive said.

Time Warner looks for growth in Europe

CANNES, France, Oct. 12 (UPI) -- Media giant Time Warner is looking to Europe for growth opportunities away from the saturated U.S. market.

Some have hope for N.Y.C. poverty program

NEW YORK, Jan. 29 (UPI) -- New York City Mayor Michael Bloomberg's reputation for getting things done has some optimistic about his war on poverty, the New York Daily News reported.

Time Warner may sell AOL shares

NEW YORK, May 21 (UPI) -- The chief executive of New York-based Time Warner Inc. has said the company may consider spinning off America Online to help finance future acquisitions.

Time Warner chief calls '04 'very good'

NEW YORK, Dec. 7 (UPI) -- Time Warner chairman and Chief Executive Officer Richard Parsons said 2004 was "a very good year" for the company, The Hollywood Reporter said Tuesday.

Media giants poised for takeovers in 2004

PHOENIX, Jan. 8 (UPI) -- Several media giants have hinted at major acquisition plans for 2004 during a conference of heavyweights being held this week in Phoenix.

AOL reportedly looking at European foray

NEW YORK, Nov. 14 (UPI) -- A possible merger or joint venture between America Online and Germany's T-Online has been discussed by senior executives, the New York Times said Friday.

Subpoenas are issued in AOL investigation

WASHINGTON, Oct. 22 (UPI) -- Federal officials issued subpoenas Wednesday to top managers of America Online and Time Warner as part of an investigation into AOL's accounting practices.

AOL Time Warner may sell Warner music

NEW YORK, Oct. 13 (UPI) -- AOL Time Warner is taking bids for its Warner Music division although talks are already underway with EMI Group.

AOL Time Warner now just Time Warner again

NEW YORK, Sept. 18 (UPI) -- AOL Time Warner's board of directors approved a proposal Thursday to remove the "AOL" from its name and become, once again, simply Time Warner.

AOL: another name change is considered

NEW YORK, Aug. 11 (UPI) -- AOL Time Warner Inc. is considering dropping AOL from its corporate name, going back to just "Time Warner Inc."

Cable to feds: Let market decide

CHICAGO, June 10 (UPI) -- The cable industry voiced its distaste for nearly all federal regulation at its annual show in Chicago.

Entertainment Today: Showbiz News

Steven Spielberg is No. 1 on Premiere magazine's 2003 Power List of the 100 most influential people in Hollywood.
KAREN BUTLER, United Press International

Hollywood Digest

What's happening in Hollywood.
PAT NASON, UPI Hollywood Reporter

Executive Business Briefing

Here is a look at some of Wednesday's top business stories.

Parsons named as AOL Time Warner chief

WASHINGTON, Jan. 16 (UPI) -- AOL Time Warner Chief Executive Richard Parsons was named Thursday to serve as the company's chairman once Steve Case's resignation becomes effective in May. Parsons will remain chief executive as well.
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