Katsuaki Watanabe, Toyota Motor Corp.’s former president, did something at his first meeting with U.S. investors out of character for a leader of Japan’s biggest automaker: He boasted of what he’d accomplished.
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Toyota Recall Crisis Said to Lie in Cost Cuts, Growth Ambitions
Wells Fargo & Co., the lender that gave Chief Executive Officer John Stumpf more than $18 million in 2009 compensation, cut his salary in half for this year and slashed pay for most top executives.
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Wells Fargo Cuts Stumpf’s Salary, Boosts Carroll’s (Update1)
Coal developers are maneuvering to build new mines in south-central Montana near Red Lodge, where the industry shut down decades ago after a tragic fire, leaving behind underground reserves estimated at a billion tons. Public financial filings show a…
Coal mining – Technology – Mining – United States – Business
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Coal mines eyed near Red Lodge, Bridger
Citigroup Inc. CEO Vikram Pandit received $128,751 in total compensation for 2009 as the bank suffered big losses on risky investments and failing consumer loans, according to an Associated Press analysis of a regulatory filing. A securities filing disclosed…
Citigroup – Bank – Business – Financial Services – Banking Services
Unemployment benefits for some Americans will temporarily expire Feb. 28 after a Senate Republican blocked a one-month extension because it would add to the budget deficit.
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Senate Republican Blocks Jobless Benefit Extension (Update1)
Colombia’s constitutional court ruled against allowing a referendum on permitting presidents to run for three consecutive terms, dashing Alvaro Uribe’s chances of holding office for 12 years.
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Colombia Court Rejects Referendum on Uribe Third-Term (Update1)
PepsiCo Inc.’s Gatorade brand said it will stop using Tiger Woods in its marketing, ending a more than two-year sponsorship with the golfer.
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PepsiCo’s Gatorade Ends Tiger Woods Marketing Deal (Update1)
NEW YORK (Reuters) – For executives at Bank of America Corp and Citigroup Inc, it pays to be just below the top.
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Citi, BofA pay banking heads more than CEOs
Colombia’s constitutional court ruled against allowing a referendum on allowing presidents to run for three consecutive terms, dashing Alvaro Uribe’s chances of holding office for 12 years.
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Colombia Court Rules Against Referendum on Uribe Third-Term Bid
New York Governor David Paterson withdrew his candidacy for election in November after published reports that he and state police officers spoke with a woman who had filed domestic abuse charges against one of his aides.
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N.Y. Governor Paterson Says He Won’t Seek Election (Update1)
Wells Fargo & Co., the lender that gave Chief Executive Officer John Stumpf more than $18 million in 2009 compensation, cut his salary in half for this year and slashed pay for most top executives.
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Wells Fargo Cuts Stumpf’s Salary in Half, Boosts Carroll’s Pay
Gap Inc. was contacted by the Federal Trade Commission about Simon Property Group Inc.’s proposed acquisition of Prime Outlets Acquisition Co.
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Gap Contacted by FTC on Simon’s Prime Outlets Deal (Update1)
Add Gatorade to the list of endorsement deals that Tiger Woods has lost. A representative for the drink, sold by PepsiCo Inc., confirmed late Friday that it had ended its relationship with the golfer, who made a lengthy public apology last week for his…
Tiger Woods – PepsiCo – Marketing – Business – Mammals
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Gatorade drops Tiger Woods
A slow-moving winter storm smacked the Northeast on Friday, unleashing heavy snow, rain and hurricane-force winds as it knocked out power to more than a million homes and businesses. It turned Maine beachfront streets into rivers and piled on the misery in…
Snow – Wind – Northeastern United States – Weather – Kids and Teens
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Bam! Bam! Bam! 3rd blizzard this month smacks East
EMC Corp., the world’s biggest maker of storage computers, will restate 2009 earnings, lowering profit by 2 cents a share, because of costs from an expected settlement of a U.S. Department of Justice lawsuit.
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EMC Restates 2009 Profit Because of Settlement Costs (Update1)