Posts Tagged Corporate management

Private jet recovery from recession an uneven ride

FILE -- In this Dec. 13, 2006 file photo, workers assemble a PW500 engine destined for a Cesna Citation at the Pratt & Whitney plant in Longueuil, Quebec, Canada. Sale of private jets, like the Citation, are rising again in 2014 after the deep recession when the company plane was an easy target for spending cuts. Pratt & Whitney Canada laid off more than 400 workers in 2009 and 2010. But company president Paul Adams said in May 2014 that improvements in the top part of the business have driven the market’s recovery,  (AP Photo/The Canadian Press, Paul Chiasson, File)

HARTFORD, Conn. (AP) — Private jet sales are rising again, climbing out of a deep recession when the company plane was an easy target for spending cuts.

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Correction: Apple-Board story

SAN FRANCISCO (AP) — In a story July 17 about the retirement of longtime Apple Inc. director Bill Campbell, The Associated Press reported erroneously that late Apple CEO Steve Jobs had battled prostate cancer. Jobs was diagnosed with pancreatic cancer.

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Governor appoints insurance exchange board member

SANTA FE, N.M. (AP) — The leader of New Mexico’s largest commercial health insurer has been named to a board governing the state’s health insurance exchange.

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Hard Rock Hotel & Casino to open at Lake Tahoe

RENO, Nev. (AP) — The managers of the Hard Rock Hotel & Casino in Las Vegas have announced plans to open one at Lake Tahoe this winter after a $60 million renovation of the former Horizon Casino Resort at Stateline.

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