Archive for the ‘Business Stories’ Category

HP CEO, Mark Hurd, Resigns

HP CEO Mark Hurd has resigned, leaving CFO Cathie Lesjak to run the company on an “interim basis.” The reason for quitting? He was told to leave by legal counsel due to an investiagtion of sexual harassment against him by an outside contractor. According to the press release, “the investigation determined there was no violation […]

BILL FORD RETROACTIVELY PAID FOR WORK AS CHAIRMAN

By Mark Kleis Ford Motor Company’s executive chairman, Bill Ford Jr., vowed five years ago not to take any payment from the automaker that bears his name until the company’s automotive sector achieved a full year of profitability without the aid of special items. Following five consecutive quarters of profitable growth, Bill Ford Jr. will finally end his […]

Robert Rizzo Bell Salary Scandal

City of Bell CA Chief Administrative Officer Robert Rizzo BELL (LALATE) – Bell’s Robert Rizzo and Randy Adams are caught in a salary scandal. Robert Rizzo’s salary as Bell’s Chief Administrative Officer started at $72,000 several years ago. Today, it’s nearly nearly $800,000. Rizzo doesn’t even live in Bell. He lives in a million dollar […]

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