http://www.execdigital.com/ Business news for executives in the USA - Lead stories, case studies and interviews from global industries, including construction, manufacturing and energy. Pimco, the manager of the world's biggest bond fund, has named Mohamed El-Erian as its CEO to replace Bill Thompson, who will retire at the end of the year http://www.execdigital.com/El-Erian-appointed-new-Pimco-CEO_7526.aspx http://www.execdigital.com/El-Erian-appointed-new-Pimco-CEO_7526.aspx Fri, 05 Sep 2008 08:51:12 GMT Exec Digital US Private employers cut 33,000 jobs in August, according to a private report by ADP Employer Services released today, September 4 http://www.execdigital.com/Private-sector-cuts-33-000-jobs-in-August_7498.aspx http://www.execdigital.com/Private-sector-cuts-33-000-jobs-in-August_7498.aspx Thu, 04 Sep 2008 09:04:34 GMT Exec Digital US KDB’s bid to buy 25 percent Lehman stake could be blown apart by HSBC, reports suggest http://www.execdigital.com/HSBC-interested-in-buying-Lehman-Brothers_7449.aspx http://www.execdigital.com/HSBC-interested-in-buying-Lehman-Brothers_7449.aspx Wed, 03 Sep 2008 04:41:53 GMT Exec Digital US Former JPMorgan Chase & Co executive Michael Nierenberg to run Merrill Lynch & Co’s mortgage and securitization businesses; James De Mare to head mortgage trading http://www.execdigital.com/Merrill-Lynch-hires-new-mortgage-executives-_7441.aspx http://www.execdigital.com/Merrill-Lynch-hires-new-mortgage-executives-_7441.aspx Tue, 02 Sep 2008 11:48:08 GMT Exec Digital US Oil prices rise as fears Hurricane Gustav will damage drilling and refining operations mount http://www.execdigital.com/Oil-prices-up-on-Gustav-fears_7387.aspx http://www.execdigital.com/Oil-prices-up-on-Gustav-fears_7387.aspx Mon, 01 Sep 2008 05:11:48 GMT Exec Digital US Microsoft to buy online survey firm, Greenfield Online Inc, for US$486 million http://www.execdigital.com/Microsoft-announces-first-major-deal-since-Yahoo--failure_7366.aspx http://www.execdigital.com/Microsoft-announces-first-major-deal-since-Yahoo--failure_7366.aspx Fri, 29 Aug 2008 05:31:00 GMT Exec Digital US Caterpillar Inc Chairman Jim Owens expects weakness in rich-country economies to persist into 2009 but believes its sales in China will remain strong http://www.execdigital.com/Caterpillar--China-sales-will-remain-strong_7349.aspx http://www.execdigital.com/Caterpillar--China-sales-will-remain-strong_7349.aspx Thu, 28 Aug 2008 06:55:52 GMT Exec Digital US Kohlberg Kravis Roberts, the private equity group, has emerged as the favourite in the bid for Lehman’s asset management business http://www.execdigital.com/KKR-leads-race-for-key-Lehman-Brothers-business_7317.aspx http://www.execdigital.com/KKR-leads-race-for-key-Lehman-Brothers-business_7317.aspx Wed, 27 Aug 2008 05:42:41 GMT Exec Digital US Global computer and printer marker confirms to it has closed the US$13 9 billion purchase of Electronic Data Systems Corp http://www.execdigital.com/HP-closes-EDS-purchase_7302.aspx http://www.execdigital.com/HP-closes-EDS-purchase_7302.aspx Tue, 26 Aug 2008 09:28:05 GMT Exec Digital US Temasek, Singapore's US$130 billion sovereign wealth fund, predicts the global credit crunch will last two more years http://www.execdigital.com/Credit-crunch-to-last-two-more-years-_7300.aspx http://www.execdigital.com/Credit-crunch-to-last-two-more-years-_7300.aspx Tue, 26 Aug 2008 09:22:06 GMT Exec Digital US Unless Tyco Electronics (TEL:US) can fix a plethora of problems which are hindering the introduction of the state-wide wireless network for emergency services then the project should be scrapped http://www.execdigital.com/NYC-may-abandon-US-2bn-wireless-network_7252.aspx http://www.execdigital.com/NYC-may-abandon-US-2bn-wireless-network_7252.aspx Fri, 22 Aug 2008 09:32:17 GMT Exec Digital US The US has been usurped by China as Japan's biggest export destination http://www.execdigital.com/China-overtakes-US-as-Japan-s-biggest-export-market_7273.aspx http://www.execdigital.com/China-overtakes-US-as-Japan-s-biggest-export-market_7273.aspx Fri, 22 Aug 2008 08:51:33 GMT Exec Digital US The US-based private equity firm is to take a 90 8 percent stake German lender IKB Deutsche Industriebank AG, the German company's biggest shareholder has said http://www.execdigital.com/Lone-Star-Funds-to-take-91--stake-in-subprime-victim-IKB_7247.aspx http://www.execdigital.com/Lone-Star-Funds-to-take-91--stake-in-subprime-victim-IKB_7247.aspx Thu, 21 Aug 2008 11:42:56 GMT Exec Digital US A rise in American stocks has prompted optimism among investors http://www.execdigital.com/US-stock-rally-encouraging_7231.aspx http://www.execdigital.com/US-stock-rally-encouraging_7231.aspx Wed, 20 Aug 2008 11:46:48 GMT Exec Digital US At a time when most Americans are tightening their belts, West Texas is enjoying a regional boom http://www.execdigital.com/West-Texas-defies-slump-in-oil-bonanza_7211.aspx http://www.execdigital.com/West-Texas-defies-slump-in-oil-bonanza_7211.aspx Tue, 19 Aug 2008 12:09:17 GMT Exec Digital US Mitsubishi UFJ Financial Group Inc and UnionBanCal Corp have agreed on an offer at a price of $73 50 a share in a deal worth $3 5 billion http://www.execdigital.com/Mitsubishi-UFG-in-US-3-5-billion-deal_7202.aspx http://www.execdigital.com/Mitsubishi-UFG-in-US-3-5-billion-deal_7202.aspx Mon, 18 Aug 2008 11:52:43 GMT Exec Digital US The economic slump shows little sign of improvement with a rise in consumer costs together with a worsening labor market http://www.execdigital.com/Slump-continues-with-cost-hikes_7172.aspx http://www.execdigital.com/Slump-continues-with-cost-hikes_7172.aspx Thu, 14 Aug 2008 11:43:46 GMT Exec Digital US GM chief Rick Wagoner tells reporters there is significant interest in the automaker's planned sale of up to US$4 billion of assets http://www.execdigital.com/GM-chief---Significant-interest--in-assets-for-sale_7102.aspx http://www.execdigital.com/GM-chief---Significant-interest--in-assets-for-sale_7102.aspx Wed, 13 Aug 2008 09:24:05 GMT Exec Digital US JPMorgan Chase & Co has incurred losses of about US$1 5 billion for the quarter to date http://www.execdigital.com/JPMorgan-s-US-1-5bn-loss_7079.aspx http://www.execdigital.com/JPMorgan-s-US-1-5bn-loss_7079.aspx Tue, 12 Aug 2008 05:47:40 GMT Exec Digital US New York has topped a new list of America’s most expensive cities http://www.execdigital.com/Big-Apple-costliest-in-living-poll_7067.aspx http://www.execdigital.com/Big-Apple-costliest-in-living-poll_7067.aspx Mon, 11 Aug 2008 14:40:55 GMT Exec Digital US