|
Andrew
Lack to be new head of Sony Music
Sony on Friday named veteran television executive and
NBC president Andrew Lack to head its music division,
replacing industry veteran Thomas Mottola who resigned
on Thursday to start his own record company.
Back
to News Review index page
JC
Penney to slash 2,000 jobs
Retailer JC Penney Co. on Friday said it would
cut 2,000 jobs from its slumping catalogue business and
take about $40 million in charges in 2003.
Back
to News Review index page
American
to cut 400 flight attendant jobs
American Airlines, the world's largest air
carrier, will trim more than 800 flight attendant jobs,
or nearly four per cent, by the end of January as it attempts
to slash costs, a union spokesman said on Friday.
Back
to News Review index page
Ex-Adelphia
exec pleads guilty
A former Adelphia Communications executive
pleaded guilty on Friday to charges stemming from the
government's investigation into financial fraud allegedly
orchestrated by the Rigas family who controlled the cable
television company.
Back
to News Review index page
The
slump's only getting deeper
The world economic recovery is on hold until
the second half of '03, and remains threatened by volatile
stock prices and the possible fallout from a war in Iraq,
the UN said.
Back
to News Review index page
Sony
Music chief Tommy Mottola calls it a day
Tommy Mottola, the Sony Music leader who built
the careers of Celine Dion, Jennifer Lopez and the Dixie-Chicks
into industry sales leaders, is leaving the company to
form a new music venture.
Back
to News Review index page
Mastermind
behind McDonald's game scam sentenced
The man who masterminded a multimillion-dollar
scheme to redeem stolen pieces from McDonald's games was
sentenced to 37 months in prison.
Back
to News Review index page
Koreans
shaken and stirred over James Bond film
South Korean activist groups say they will
protest outside 140 movie theatres on Saturday, pushing
their boycott of the latest James Bond film that has inflamed
passions on both sides of the Korean border.
Back
to News Review index page
UN
trims world growth forecast, worries about war
With 2003 barely a week old, UN forecasters
revised downward their global economic growth forecast
for the year and predicted that war against Iraq could
further set back economic recovery.
Back
to News Review index page
|
