Posts Tagged Corporate news

Micron CEO dies in plane crash

In this Dec. 12, 2005 file photo, Steve Appleton, CEO and chairman of Micron Technology Inc., looks out through the engine compartment of his stunt jet airplane inside the hanger where he keeps several different types of aircraft  in Boise, Idaho. Appleton, has died in a small plane crash Friday, Feb. 3, 2012, in Boise. He was 51. (AP Photo/Troy Maben, File)

BOISE, Idaho (AP) — The head of memory chip maker Micron, long known for taking risks in stunt piloting, died Friday when a small experimental plane he was piloting steeply banked, stalled and crashed near an Idaho runway.

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Titans clash in Mexico’s fight over monopolies

In this Dec. 12, 2006 file photo, Carlos Slim, the world's richest man and owner of Mexican telecommunications company TELMEX, left, and Emilio Azcarraga, right, president of the Mexican television network TELEVISA, attend the launch of a charity foundation in Panama City. Television magnates and Slim's cell phone and telephone companies are fighting for the prize known as the "triple play:" a single company supplying cell and fixed-line phones, TV and internet service to consumers. Whoever wins that market holds a key into the homes of 112.7 million Mexican consumers. (AP Photo/Arnulfo Franco, File)

MEXICO CITY (AP) — A technological revolution is pushing Carlos Slim, the world’s richest man, into a battle with other powerful interests in Mexico, creating a billionaires’ version of a schoolyard spat: name-calling, attack ads, canceled contracts and even a physical shoving match.

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Titans clash in Mexico’s fight over monopolies

In this Dec. 12, 2006 file photo, Carlos Slim, the world's richest man and owner of Mexican telecommunications company TELMEX, left, and Emilio Azcarraga, right, president of the Mexican television network TELEVISA, attend the launch of a charity foundation in Panama City. Television magnates and Slim's cell phone and telephone companies are fighting for the prize known as the "triple play:" a single company supplying cell and fixed-line phones, TV and internet service to consumers. Whoever wins that market holds a key into the homes of 112.7 million Mexican consumers. (AP Photo/Arnulfo Franco, File)

MEXICO CITY (AP) — A technological revolution is pushing Carlos Slim, the world’s richest man, into a battle with other powerful interests in Mexico, creating a billionaires’ version of a schoolyard spat: name-calling, attack ads, canceled contracts and even a physical shoving match.

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NY’s Schneiderman sues banks in foreclosure effort

ALBANY, N.Y. (AP) — New York’s attorney general on Friday accused some of the nation’s largest banks of deceit and fraud in using an electronic mortgage registry that he said puts homeowners at a disadvantage in foreclosures while saving banks over $2 billion.

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Correction: Facebook IPO-Exchange story

NEW YORK (AP) — In a story sent Feb. 2 on Facebook’s upcoming stock offering, The Associated Press, relying on information supplied by Nasdaq, reported erroneously that Nasdaq charged no separate fee to companies for listing on the exchange. Nasdaq charges an initial fee as well as an annual fee.

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