AOL PR chief leaves – again
Peter Land, head of communications at AOL, is leaving his job, marking the third public relations guru to get chopped in just over three years. The news is likely unwelcome for those covering the company as they’ll have to start relationship building all over again. Ad Age’s Alex Kantrowitz broke the story: AOL and Peter Land, […]
Ford CEO speeds up departure
Ford Motor Co. CEO Alan Mulally is leaving earlier than expected, news reports said Monday. The company is naming a long-term employee as the next in line for the top job. I’m sure General Motors is excited the news isn’t about them. Mike Ramsey had this story for the Wall Street Journal: Ford Motor Co. […]
The battle rages for attention online
There were several stories this weekend highlighting what various companies are doing to try and gain influence with online audiences. While none of the stories were alike, it seemed that they all had an element of grasping for attention in an increasingly crowded market. The Wall Street Journal had this story by Ian Sherr and […]
Virtu IPO pulled
The fall-out from Michael Lewis’s new book on high speed trading was too much for Virtu Financial Inc. The company postponed its initial public offering Thursday. The move came as other recent IPOs have gotten off to rocky starts. Bloomberg had this story by Leslie Picker and Sam Mamudi: Virtu Financial Inc., the high-frequency trader […]
Google has rare stumble
The company is so ubiquitous that its name is a verb. But being part of the lexicon isn’t a pathway to riches. What’s most interesting about Google’s earnings this quarter is the business media’s portrayal of a 19 percent rise in revenue as a misstep. Rolfe Winkler and Alistair Barr wrote for the Wall Street […]
GM still in the news
General Motors Co. continues to make headlines as Chief Executive Officer Mary Barra deals with the aftermath of recalls and public relations crises. Last week, two top employees were suspended, while Tuesday there were several more follow-up stories about what’s going on at the automaker. Jeff Bennett wrote for the Wall Street Journal that GM […]
Citigroup beats estimates, vows turnaround
Citigroup Inc. finally had some good news as earnings beat analysts’ expectations for the quarter. But reporters had many different takes on the overall story. Michael Corkery had this story for the New York Times: Investors and analysts feared the worst from Citigroup, the global bank that has been besieged for months by regulatory problems and […]
Yahoo moves into TV
Last week, Yahoo announced yet another strategy to win over Internet users – moving into original TV programming. The Wall Street Journal had this story by Mike Shields and Douglas MacMillan: Yahoo Inc. is raising its ambitions in online video, with plans to acquire the kind of original programming that typically winds up on high-end cable-TV […]
Looks like Cohen gets off
SAC Capital settled charges of insider trading Thursday, and sources close to the firm are saying that this is likely the end of the line for charges. The Wall Street Journal story by Christopher M. Matthews led with the news that prosecutors are not likely to continue pursuing founder Steven Cohen: After a decadelong probe […]
The next Fed concern: Inflation and interest rates
Maybe the worry is confusing investors, or maybe the Fed is anxious about it’s plans to change the stimulus package. Whatever it is, reporters picked up on several themes in the latest Fed’s minutes. Jon Hilsenrath’s story for the Wall Street Journal ran under the headline that the Fed was worried about inflation: Federal Reserve […]
