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PRESIDENT BUSH DISCUSSES HEALTH CARE REFORM

President George W. Bush discusses the nation's health care problems during an event at the National Institutes of Health in Bethesda, Md., on Jan. 26, 2005. Bush is pushing health care reform as part of his second term agenda, citing uncontroled rising costs. With Bush are (l to r) Richard Parsons, Jesse Patton, and Tammi Fleming, all of whom are struggling with the rising costs. (UPI Photo/Roger L. Wollenberg)

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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

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.

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