Labor
Rite Aid adds former health insurer CEO to board
Drugstore chain Rite Aid Corp.'s board of directors has elected former Blue Shield of California Chairman and CEO Bruce G. Bodaken to its board of directors. Bodaken, 61, served as Blue Shield's chairman and CEO from 2000 to 2012. The San Francisco-based nonprofit company is one of California's largest insurers ...
NBC hires news division chief from Britain
NBC went out of the company and out of the country to find a president for its news division, on Monday naming the first woman to hold the top job. Deborah Turness, former editor of ITV News in Britain, replaces Steve Capus, who resigned earlier this year, and will begin ...
Military sex abuse has long-term impact for vets
New government figures underscore the staggering long-term consequences of military sexual assaults: More than 85,000 veterans were treated last year for injuries or illness linked to the abuse, and 4,000 sought disability benefits. The Department of Veterans Affairs' accounting, released in response to inquiries from The Associated Press, shows a ...
Seamless and GrubHub to combine, no terms revealed
Rival online takeout services Seamless North America and GrubHub on Monday announced plans to combine and create a new company covering more than 20,000 restaurants in 500 cities across the U.S. Financial terms were not disclosed and it's unclear what the combined company will be called. GrubHub CEO Matt Maloney ...
GE Healthcare investing $17M in new Florence plant
GE Healthcare is investing $17 million in a Florence plant that will turn helium gas into supercool liquid needed for medical imaging. The company announced Monday it's building a 5,000-square-foot facility next to its existing magnetic resonance plant. GE expects 10 of the 50 jobs created to be permanent. The ...
NFP names Douglas Hammond as new CEO
National Financial Partners Corp. said Monday that it named Douglas Hammond, its current president and chief operating officer, as its new chief executive officer. Hammond, 47, succeeds Jessica Bibliowicz, the daughter of former Citigroup CEO Sandy Weill, who announced her plans to step down last month. Bibliowicz had served as ...
Host Hotels CFO Harvey stepping down from post
Host Hotels & Resorts' chief financial officer, Larry Harvey, is stepping down from his post. Harvey, who will continue as an executive vice president until the third quarter, will hand over CFO responsibilities to Gregory Larson. Harvey had served as CFO since 2007. Larson, who has worked at Host Hotels ...
Chesapeake names Anadarko executive as new CEO
Chesapeake Energy has named Anadarko Petroleum executive Robert Douglas Lawler as its new CEO. The appointment of the 46-year-old Lawler comes after a tough year during which Chesapeake's board ousted its founder and the company worked to shore up its finances. The new CEO takes over as Chesapeake continues selling ...
Dell needs more info from Icahn, Southeastern
Dell says it needs more information about billionaire Carl Icahn and Southeastern Asset Management's alternative buyout offer before it could possibly give two of its biggest shareholders more information about the PC maker. In a letter sent by Dell's special committee of the board of directors to Icahn and Southeastern, ...
AP IMPACT: Military sex abuse victims seek VA help
More than 85,000 veterans were treated last year for injuries or illness stemming from sexual abuse in the military, and 4,000 sought disability benefits, underscoring the staggering long-term impact of a crisis that has roiled the Pentagon and been condemned by President Barack Obama as "''shameful and disgraceful." A Department ...
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