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10 Updates

Best Of FORBES: Mark Fields To Become Ford's CEO, Mayweather's $32M Paycheck

May 1 2014, 4:24pm CDT | by

The big news on Thursday was Ford’s announcement that Mark Fields will replace Alan Mulally as CEO on July 1. Check out the FORBES coverage to see what our writers were saying.  “For years, people...

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13 weeks ago

Best Of FORBES: Mark Fields To Become Ford's CEO, Mayweather's $32M Paycheck

May 1 2014, 4:24pm CDT | by

The big news on Thursday was Ford’s announcement that Mark Fields will replace Alan Mulally as CEO on July 1. Check out the FORBES coverage to see what our writers were saying. 

“For years, people both inside and outside the automaker wondered whether the fast-rising executive, with his Harvard MBA and tailored suits, wasn’t just a slick operator punching his ticket on the way up the management ladder. Now that he has reached the top rung, I have to make another admission: Fields has earned the job” — Joann Muller. Read How Mark Fields Overcame Doubters To Earn The Job As Ford’s Next CEO

“Ford Motor Co. today ended what was getting to be a long-running guessing game about when CEO Alan Mulally would retire, and whether the obvious front-runner for the job, COO Mark Fields, would get the job” — Jim Henry. Read Ford Confirms Mulally Retires As CEO July 1, Names Fields His Successor

“Mulally, Fields and Ford executive chairman Bill Ford Jr. were all smiles at the company’s Dearborn, Michigan headquarters, where the press conference seemed to go according to script, down to the praise and the questions from pre-selected Ford employees” — Micheline Maynard. Read As Ford Changes CEOs, Beware Of Smooth Detroit Transitions

And in other news:

“Your financial goals should, in fact, shift along with your situation to serve your biggest needs. Some of your concerns will be long-term — for instance, saving for retirement takes place across decades — but that doesn’t make shorter goals, such as saving for a down payment on a home, any less challenging. Knowing what financial milestones to hit when will help you ensure that you don’t have to scramble for any of them” — Laura Shin. Read Your Financial Checklist For Every Stage of Life

“If Donald Sterling does indeed sell the Los Angeles Clippers as NBA commissioner Adam Silver is wants, the embattled owner will have the value of his basketball team’s next television contract to thank for as much as $200 million” — Mike Ozanian. Read Los Angeles Clippers’ Next TV Deal Could Add $200 Million To Sterling’s Wallet

Floyd Mayweather is set for another huge payday when he faces Marcos Maidana Saturday night in Las Vegas in the welterweight unification fight. The Nevada State Athletic Commission released contract figures Wednesday showing Mayweather is guaranteed $32 million and Maidana $1.5 million” — Kurt Badenhausen. Read Floyd Mayweather Guaranteed At Least $32 Million For Maidana Fight

“MyFitnessPal, one of the first mobile apps to track food intake, is set to broaden its service to track activity too, marking a direct challenge to the software provided by wearable devices like Fitbit and Jawbone and an attempt to create one of the first, comprehensive windows into a person’s health” — Parmy Olson. Read MyFitnessPal Starts Tracking Steps To Grow The World’s Largest Nutrition Database

“There was a notable omission in Tuesday’s announcement of the Star Wars VII cast. Overlooked in the chest beating of creative involvement in the upcoming sequel was any mention of George Lucas, the creator of the 34-year-old Star Wars franchise. He joins another mogul who is often overlooked when people talk about Star Wars: Alan Ladd Jr.” — Jude Brennan. Read The Man Who Greenlit ‘Star Wars’: The Most Important Movie Mogul You’ve Never Heard Of

 
Update
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7 weeks ago

RM47mil KWSG contributions still unclaimed

Jun 9 2014 7:54am CDT | Source: Business Times Malaysia

KUALA LUMPUR: About RM47 million of contributions in the Teachers Provident Fund (KWSG) still remain unclaimed, the Dewan Rakyat was told ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
9

7 weeks ago

Gold shop lost almost RM1mil

Jun 9 2014 3:50am CDT | Source: Business Times Malaysia

KANGAR: A gold shop owner lost almost RM1 million after after the safe on in his shop was broken into ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
8

7 weeks ago

Motion to debate MAS losses in Dewan Rakyat rejected

Jun 9 2014 3:39am CDT | Source: Business Times Malaysia

KUALA LUMPUR: AN emergency motion to debate the losses incurred by Malaysia Airlines last year, amounting to RM1.2 billion was rejected by the Dewan R ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
7

7 weeks ago

MH370 Tragedy: Hisham: RM27.6 mil spent on 1st phase of SAR

Jun 9 2014 2:11am CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia spent some RM27.6 million in its first phase of the search operations for missing Malaysia Airline flight MH370, said Acting Transport Minister, Datuk Seri Hishammudd ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
6

7 weeks ago

9.1m litres of diesel seized in a month

Jun 8 2014 1:11am CDT | Source: Business Times Malaysia

PUTRAJAYA: The Domestic Trade, Cooperatives, and Consumerism ministry has seized some 9.1 million litres of diesel and property worth RM58 million since mounting ‘Operasi Diesel Selatan’ in the s ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
5

8 weeks ago

Girl, 9, awarded RM2.78m compensation for medical negligence

Jun 6 2014 4:56am CDT | Source: Business Times Malaysia

KUALA LUMPUR: A nine-year-old girl who suffered brain damage during her birth at a government hospital was awarded over RM2.78 mil ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
4

8 weeks ago

Malaysia's total trade in April up 12pc

Jun 5 2014 11:52pm CDT | Source: Business Times Malaysia

KUALA LUMPUR: Malaysia's total trade in April 2014 rose by 12 per cent from a year ago to RM123.86 billion due to growing trading activities, International Trade and Industry Minister Datuk Seri ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
3

8 weeks ago

Works Ministry to spend RM20m for upgrading works at 50 accident black spots

Jun 4 2014 11:35pm CDT | Source: Business Times Malaysia

JOHOR BARU: The Works Ministry will implement upgrading works at 50 accident prone locations in the country that have been identified this year involving an allocation of RM20 m ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
2

8 weeks ago

Najib launches loan scheme for Ramadan traders

Jun 4 2014 10:24pm CDT | Source: Business Times Malaysia

PUTRAJAYA: Prime Minister Datuk Seri Najib Razak today launches RM45 million Ramadan Bazaar Sch ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 
Update
1

8 weeks ago

Residents bring up objection against Kidex to Suhakam

Jun 4 2014 4:49am CDT | Source: Business Times Malaysia

PETALING JAYA: A group of 20 Petaling Jaya residents held a meeting with the Human Rights Commission of Malaysia (Suhakam) over their objection against the proposed RM2.2 billion Kinra ...
Source: Business Times Malaysia   Full article at: Business Times Malaysia
 

 

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