As some J.P. Morgan shareholders begin to call for a chairman-CEO split, Fortune writer Katie Benner helps guide us through the story of Dimon’s leadership.
Category : Stocks
Dr. Thomas Lintner Helps Patients Conceptualize Their Aesthetic Goals for Rhinoplasty Procedures
Clothing retailer Primark’s “exceptionally strong” performance helps to push profits higher at owner Associated British Foods.
Read more from the original source: Primark boosts profits at AB Foods
ESPOO, FINLAND–(Marketwire – Feb 12, 2013) – New Asha Touch smartphone helps consumers
connect, discover and enjoy more
Continued here: Nokia Asha 310 debuts with Dual SIM and Wi-Fi
The former boss of HBOS could get into a pickle when he faces the banking standards commission
The last time erstwhile HBOS boss Andy Hornby appeared in front of MPs with his old chairman Lord Stevenson, all did not end well for Hornby’s predecessor Sir James Crosby.
The knight had to resign from the Financial Services Authority’s board after his clueless old colleagues were savaged by the Treasury select committee in 2009. The key turned out to be testimony supplied by HBOS whistleblower Paul Moore – whom Crosby had allegedly fired, seemingly for saying HBOS’s model was too risky.
So what will Crosby’s mood be this week, with the trio appearing in front of the banking standards commission? These sessions have tended to be less aggressive than the old TSC grillings, but that does not preclude the former boss of the former bank getting into a pickle. Crosby has shown a predilection for embarrassment, and not just via a touching devotion to his Terry Nutkins tribute coiffure.
Crosby, of course, joined funnyman Mark Thomas in 2008 by being awarded an honorary gong by Bradford University, which the Bradford Telegraph & Argus reported was for his: “contribution to financial services and, in particular, in recognition of his achievements as chief executive of Halifax, then HBOS”. That report was headlined: “Comedian to get honorary degree.” Quite.
Every little ad man helps struggling Tesco
Tesco has always been famous for its adverts, whether they featured Dudley Moore searching for roaming chickens or Prunella Scales returning a trout because she thought it seemed sad.
But it’s not just the fish that have looked grumpy this year, following the group’s first profit warning in 20 years in January, and as part of the fightback the grocer has switched advertising agencies from The Red Brick Road to Wieden & Kennedy.
Its first efforts show the creatives at least possess a love of irony. One Christmas ad is backed by the Kaiser Chiefs’ I Predict a Riot (many more years like this one and shareholders might consider it) while another invokes the Thunderbirds countdown – which will seem a neat gag this week when the grocer unveils third-quarter results and outlines the size of the international rescue required at its overseas operations.
Eastern Europe looks particularly tough, while Morgan Stanley predicts UK like-for-like sales will fall too, yet one Tesco stalwart is undiminished. The “Every Little Helps” slogan remains, as Tesco says it has “never been more relevant”. As this week’s figures should show, it’s not kidding.
So good they held it twice
Which is the odd one out? Cyber Monday, Santa Claus or a solution to the eurozone crisis?
The answer is a eurozone solution. It’s a long shot, but it might prove the only one that actually exists.
This may come as a nasty shock to all those innocent souls who adore the festive anticipation as they await Cyber Monday each year – a marketing ruse invented in America (where else?) which is supposed to mark the busiest online shopping day of the year.
In the US it comes on the Monday after Thanksgiving – initially intended as a way of flogging off anything left after Black Friday. In the UK, it takes place on the first Monday in December – which is usually the same thing, but this year we are celebrating our big day tomorrow, a week after the US.
If you’re sceptical about why Americans and Brits go online shopping on different days, you may be on to something. Internet retailers don’t have any convincing explanations about why Cyber Monday will be their busiest day, or even if it really will be. A PC World spokesman muses: “It will be one of the busiest. It is going to be busy between now and Christmas” – an insight that suggests he’s wasted flogging PlayStations. Such cogent analysis may eventually provide the breakthrough in the eurozone.
A flourishing industry which helps people to evade UK tax is uncovered following an investigation by the BBC’s Panorama programme.
See the original post here: Firms help tax evasion flourish
A panda-based expansion pack helps World of Warcraft to rise back above the 10 million subscription mark, boosting Activision’s profits.
Follow this link: Pandas power up Activision profit
Asda Money helps UK families to save money on their energy bills
Read more: Household Budgeting Helps Cut Energy Bills
Union Members Honor Country's Workers at Wausau Labor Day Parade
Union members celebrated the contributions of our country's workers Monday. Many in Wausau walked in the Labor Day parade down N. 3rd Ave. to honor the history of the labor movement. “Today it brings a lot of meaning because we're all workers, …
Local Charter Helps Start Labor Day
Labor Day: Do you know its fascinating origin & history?
Russia’s oil production hits a post-Soviet record in August, rising 0.4% to 10.38M bpd and maintaining the country’s status as the world’s leading oil producer. The increase helps make up for the loss of Iranian crude due to international sanctions and comes as prices gush higher. 3 comments!
View original post here: Russia’s oil production hits a post-Soviet record in August, rising 0.4% to 10.38M bpd and maintaining the country’s status as the world’s leading oil producer. The increase helps make up for the loss of Iranian crude due to international sanctions…