RBC Bank, US subsidiary of Royal Bank of Canada, says CEO Scott Custer to retireOctober 1st, 2009 CEO of NC-based RBC Bank to retire next monthRALEIGH, N.C. — The chief executive of North Carolina-based RBC Bank is retiring.
Survey shows CEOs see sales growing, but many still cutting jobs, holding off on spendingSeptember 30th, 2009 CEOs see sales growing, but many still not hiringNEW YORK — An index measuring the expectations of 107 CEOs from among the nation's largest companies was at its highest level this year, with more than half expecting sales to grow in the next six months — but their outlook for capital spending remained stagnant, and 40 percent predicted more job cuts. The Business Roundtable said Tuesday its CEO outlook index rose to 44.9 in September from 18.5 in June.
Bob Evans Farms CFO to retire at end of fiscal year; company promotes from withinSeptember 18th, 2009 Bob Evans CFO to retire at end of fiscal yearCOLUMBUS, Ohio — Restaurant owner Bob Evans Farms Inc. said Friday that Chief Financial Officer Don Radkoski, who has been with the company for more than 30 years, will retire at the end of the current fiscal year.
Federal Reserve survey: 11 of 12 regions report economic improvements, signs of stabilizationSeptember 9th, 2009 Fed survey: most of US in economic healing modeWASHINGTON — A new government survey finds the vast majority of the country reporting economic activity is stabilizing or improving, as the worst recession since the 1930s appears to be over. The Federal Reserve's snapshot of economic conditions backs predictions by Fed Chairman Ben Bernanke and most other analysts that the economy has started to grow again in the current quarter.
Study: Online as in offline, wealthier, better educated Americans still more engaged in civicsSeptember 1st, 2009 Study finds Web no equalizer for civic engagementNEW YORK — Unlike some people have hoped, the Internet hasn't led to big changes in the socio-economic makeup of Americans engaged in civic activities, a new study from the Pew Internet and American Life Project finds. As in offline politics, people who participate in online civic life — by contacting government officials, making political or charitable donations or signing petitions, for example — tend to be richer and better educated.
Survey: Economists happy with Fed, skeptical on spending, emissions and health care policyAugust 31st, 2009 Survey finds support for Fed, jitters on spendingNEW YORK — Economists are pleased with the Federal Reserve's policy on interest rates but skeptical of the government's ability to rein in spending, curb greenhouse gases or overhaul health care, a new survey finds. The latest semiannual survey by the National Association for Business Economics, set to be released Monday, indicates almost 70 percent of the 266 economists surveyed earlier this month think the Fed's monetary policy is "about right," up from 63 percent in March and 56 percent a year ago.
Transocean CEO Long to retire, current President and COO Steven L. Newman to replace himAugust 17th, 2009 Transocean CEO Long to retire, successor namedNEW YORK — Offshore drilling contractor Transocean Ltd. said Monday that Chief Executive Officer Robert L.
Business forecasters see less gloomy outlook as fewer expect job cuts in months aheadJuly 20th, 2009 Company forecasters less pessimisticWASHINGTON — With the U.S. economy expected to emerge this year from the longest recession since World War II, business forecasters are feeling a bit less gloomy about the future.
Supervalu says President, COO Mike Jackson to retire; retail realignment plannedJuly 8th, 2009 Supervalu says President, COO Jackson to retireMINNEAPOLIS — Supervalu said Wednesday its President and Chief Operating Officer Mike Jackson will retire effective August 14. The grocer plans to realign its retail business following his departure.
Interest rates drop at weekly Treasury auction; 6-month bills fall to lowest level this yearJune 15th, 2009 Rates on 6-month Treasury bills hit low for yearWASHINGTON — Interest rates on six-month Treasury bills have fallen to the lowest level this year, but economists are more worried about recent rise in long-term rates because it could threaten a rebound in the housing market. The Treasury Department on Monday auctioned $30 billion in six-month bills at a discount rate of 0.290 percent, down from 0.345 percent last week.
Delhiites happier with public services: SurveyMay 29th, 2009 NEW DELHI - Residents of the national capital are more satisfied than earlier with public services like health, education and transport, a new survey reveals. The social audit conducted by the Public Affairs Foundation (PAF), Bangalore, was aimed at determining the level of satisfaction in various services being offered by different departments of the government like education, health, transport, Public Distribution System (PDS), the sub-registrar office, issues of certificates and water tankers.
Chrysler Vice Chairman Tom LaSorda to retire after 32 years in auto businessApril 30th, 2009 Chrysler's LaSorda to retire; date undecidedDETROIT — Chrysler Vice Chairman and President Tom LaSorda says he is going to retire, but the date has not been set. The former Chrysler chief executive when it was owned by Daimler AG says it's time to step down after 32 years in the business.
Report finds state budgets hammered by national recessionApril 23rd, 2009 Report: Recession hurts state budgetsNEW YORK — The national economic recession has hammered state budgets nationwide, with at least 43 states projecting deficits totaling more than $121 billion next year, a new report found. The survey released Tuesday by the National Conference of State Legislatures also found two-thirds of states expect budget deficits in 2011, forcing lawmakers to find further savings on top of deep cuts they've already made to education, health care, corrections and other programs.
'Poor infrastructure driving up operating costs for India Inc'March 13th, 2009 NEW DELHI - Infrastructure inefficiencies like poor roads and inadequate power generation are the major factors that drive up India Inc's operating costs, a survey said Thursday. According to the survey conducted jointly by global consulting major KPMG and Economist Intelligence Unit, around 95 percent of Indian top executives feel infrastructure investment was insufficient in the country to support the long-term growth of their organisations.
India had 16.5 mn service sector enterprises in 2007: SurveyFebruary 27th, 2009 NEW DELHI - India had an estimated 16.5 million service enterprises in 2006-07, with 60 percent of them in rural areas and 90 percent in the form of sole proprietorships, official data showed Friday. The data, which helps government frame policies, assists demographers and gives key inputs for marketing strategies by the corporate sector, also showed that 33.5 million people worked in the service sector, 54 percent in rural areas.