Fri, 27 Jan 2012 12:20:05 +0100 (AP) - US Secretary of Treasure Timothy F. Geithner talk about US Economy during a plenary session at the 42nd annual meeting of the WEF in Davos, Switzerland, Friday, Jan. 27, 2012. The meeting lasts until Jan. 29. (AP Photo/Anja Niedringhaus)
BlackBerry maker CEOs step down as pressure mounts
Mon, 23 Jan 2012 03:50:12 +0100 WATERLOO, Ontario (Reuters) - Research In Motion's Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co-CEOs and co-chairmen, handing the top job to an insider with four years at the struggling BlackBerry maker. Thorsten Heins, a former Siemens executive who has risen steadily through RIM's upper management ranks since joining the Canadian company in late 2007, took over as CEO on Saturday, RIM said on Sunday. The shift ends the two-decade partnership of Lazaridis and Balsillie atop a once-pioneering company that now struggles against Apple and Google. ... (Source: Reuters)
Newly elected Harrisburg treasurer John Campbell walks through ...
Mon, 23 Jan 2012 01:10:05 +0100 (Reuters) - Newly elected Harrisburg treasurer John Campbell walks through the treasury office area at the municipal building in Harrisburg, Pennsylvania, January 18, 2012. In the battle to repair the tattered finances of Harrisburg, Pennsylvania, residents have turned to an unlikely city treasurer: a 23-year-old college student. Campbell won a primary election last spring and faced little opposition in November's general election. On January 3 he was sworn in as treasurer, a position responsible for collecting taxes and other fees as well as investing what little money the city has. The Keystone State's capital city faces a $317 million debt that accumulated after a municipal incinerator was repaired and retrofitted in 2003. After Harrisburg's attempt to file bankruptcy was rejected by a judge last fall, Pennsylvania's governor installed a receiver that has sole authority over how tax dollars are spent. Picture taken January 18, 2012. To match Feature HARRISBURG-CAMPBELL/ REUTERS/Tim Shaffer (UNITED STATES - Tags: POLITICS BUSINESS)
Union workers attend a demonstration against austerity measures ...
Wed, 18 Jan 2012 15:50:01 +0100 (Reuters) - Union workers attend a demonstration against austerity measures and unemployment in front of the former Bourse (Stock Exchange) in Paris January 18, 2012. The placard reads "Ordered to make social policy". REUTERS/Benoit Tessier (FRANCE - Tags: BUSINESS EMPLOYMENT POLITICS)
A worker measures the elevation of rods at a construction site ...
Tue, 17 Jan 2012 10:50:02 +0100 (Reuters) - A worker measures the elevation of rods at a construction site of a fly-over road in Jakarta January 17, 2012. The quality of Indonesia's monetary and fiscal management would be a key ratings driver going forward, with a major negative risk being a severe shock to foreign and domestic investor confidence, said Philip McNicholas, a director of sovereign ratings at Fitch in Asia-Pacific. REUTERS/Beawiharta (INDONESIA - Tags: BUSINESS CONSTRUCTION SOCIETY)