Lucent chairman Schacht may step down next week
Chicago: Henry Schacht, who is expected to retire as chairman of Lucent Technologies next week, has built a legacy at the telecommunications equipment maker that straddles vastly different eras — from explosive growth to dramatic restructuring.
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Donaldson to take over as SEC chief on Tuesday
Washington: William Donaldson will be sworn in on Tuesday as Securities and Exchange Commission chairman, the White House said on Saturday, and the rocky reign of Harvey Pitt as top US markets cop will finally end.
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Deloitte names William Parrett global CEO
New York: Deloitte Touche Tohmatsu , the world's No. 2 accounting firm, said on Saturday its board of directors named William Parrett, from its US unit, as its new global chief executive officer.
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US releases plan to bolster online defences
Washington: The US government has asked Internet users and businesses to practice "safe computing" online and promised to bolster its own cyber-defences in a much- anticipated online security plan released Friday.
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