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June 4, 1987
The breach of contract suit, filed by Steven Kitchen and Woodside Design Associates in Redwood City, Calif., accuses Apple of reneging on a 1985 oral deal to acquire Woodside, developer of a flat-panel video screen for computers. The suit claims that Woodside's agreement with founder and then-Chairman Steven P. Jobs was broken once Jobs was ousted from power in a bitter dispute with John A. Sculley, president and now chairman.
April 23, 2014 | By Jim Puzzanghera
WASHINGTON - Netflix Inc. and other Internet companies may soon be able to pay for a faster road online for streaming movies and other content into customers' homes, raising concerns about who ultimately may end up with the bill. The nation's top telecommunications regulator, breaking with his agency's long-standing position, will propose new rules that would allow broadband network owners to sell a high-speed toll road for content providers, the Federal Communications Commission said Wednesday.
February 22, 1987
Richard L. Pozzo, president of Edward M. Pozzo Co., Los Angeles, has been elected chairman of the Associated General Contractors of California's Building Division board of directors.
April 20, 2014 | By Jim Puzzanghera
WASHINGTON - After nearly four decades as a Washington lawyer and lobbyist for the cable and cellphone industries, Tom Wheeler was eager to revive long-stalled initiatives as the new chairman of the Federal Communications Commission. But within weeks of taking charge in November, he ran into unexpected turbulence in pushing for a review of the ban on using cellphones on airplanes. Consumers howled that airline cabins would fill with annoying chatter. Opponents petitioned the White House to tell regulators that cellphone use should stay grounded.
September 30, 2013 | By E. Scott Reckard
City National Corp.'s 90-year-old chairman, Bram Goldsmith, is stepping down from that role at the Los Angeles financial firm, the parent company of City National Bank. His son, Russell, will take the chairman's title as of Tuesday “to ensure continuity,” City National said in a press release. Russell Goldsmith already is chairman and chief executive of City National Bank and has been the CEO of City National Corp. since 1995. "I wanted to enjoy the pleasure of handing this over to Russell.
June 7, 2012 | By Tiffany Hsu
Best Buy Co. Inc. just can't catch a break. Chairman and founder Richard Schulze is jumping ship earlier than expected, taking with him a 20.1% stake in the struggling electronics retailer. Schulze, 71, told the company's board Thursday morning that he is resigning immediately. “I continue to believe in Best Buy and its future -- and care deeply about its customers, employees and shareholders,” he said in a statement. “There is an urgent need for Best Buy to reinvigorate growth by reconnecting with today's customers and building pathways to the next generation of consumers.” Originally, Schulze was to step down as chairman on June 21 and stay on as a director through June 2013, relinquishing his positions in the wake of a scandal involving former Chief Executive Brian Dunn.
September 14, 2012 | By Ben Fritz
Fox Filmed Entertainment co-chairman Tom Rothman, who has led the News Corp.-owned studio together with partner Jim Gianopulos since 2000, is leaving his post on Jan. 1. The unexpected move ends long and largely successful run atop the studio for Rothman, who first came to Fox in 1994 when he founded the specialty label Fox Searchlight Pictures. He previously worked as president of the independent studio Samuel Goldwyn Pictures. With Rothman's exit, Gianopulos will become the sole chairman of Fox, the studio behind "Avatar," "Ice Age," and "Prometheus.
November 24, 1985
A 58-year-old former United Technologies Corp. executive has been elected chairman, chief executive and a director of the Emhart Corp., a diversified manufacturing company based in Farmington, Conn. Peter L. Scott, elected Thursday by Emhart's directors, will take office around Dec. 1, replacing T. Mitchell Ford, a company announcement said. Ford will serve as chairman of the executive committee until his retirement in April, 1986, and will continue as a director after his retirement.
October 18, 1986
Texas Air Corp.'s boss, Francisco A. (Frank) Lorenzo, strengthened his hold over Eastern Airlines by becoming chairman of the carrier on Friday. Eastern's board of directors also elected Phil Bakes president and chief operating officer of the airline. Lorenzo, 46, has been chairman and chief executive of Texas Air since 1980.
September 2, 1987 | ASSOCIATED PRESS
Walter L. Weisman, who as president and chief executive of American Medical International shepherded the company through nearly two years of restructuring, was named Tuesday as its next chairman. AMI is a major health services provider with annual revenue of about $4 billion. Weisman will succeed Royce Diener, who will step down after the Beverly Hills company's Jan. 21 annual meeting. Diener, who joined the company in 1969 as an outside director, has been its chairman since 1979.
March 25, 2014
Dave Brockie Frontman for heavy metal GWAR Dave Brockie, 50, who as "Oderus Urungus" fronted the alien-costumed heavy metal band GWAR during graphic and fake-blood-soaked stage shows for more than three decades, was found dead Sunday evening at his home in Richmond, Va. Detectives currently don't suspect foul play, according to Richmond police spokeswoman Dionne Waugh, and the medical examiner's office will determine cause of...
March 20, 2014 | By Joe Flint
Discovery Communications founder John Hendricks will retire as chairman of the board of the cable giant in May. Hendricks, a science buff who worked in academia, launched Discovery Channel in 1985 and over the years the company went from owning a handful of educational outlets to a global media juggernaut filled with popular reality shows. Besides its flagship channel Discovery, the company also owns TLC, Animal Planet and 50% of Oprah Winfrey's OWN Network. “Few words can appropriately convey what kind of person John is, or what he has meant to this company and the cable television industry overall.  He is a true visionary, a man of enormous integrity and one of the world's great entrepreneurs," Discovery President and Chief Executive David Zaslav said in a statement.
March 19, 2014 | By Johanna Neuman
Robert S. Strauss, a one-time chairman of the Democratic National Committee and a Washington insider who combined earthy Texas charm with raw political power, died Wednesday. He was 95. A spokesman for Strauss' Washington law firm, Akin Gump Strauss Hauer & Feld, confirmed his death but would release no other details. A U.S. trade representative in the Carter administration, Strauss was a poker-playing, cigar-chomping, power-lunch-eating rainmaker who was so successful at recruiting mega-clients that he stopped billing by the hour in the 1970s.
March 11, 2014 | Bloomberg News
McGraw Hill Financial Inc.'s Standard & Poor's unit may be allowed to seek information from former U.S. Treasury Secretary Timothy F. Geithner related to what the company said was a "threatening" call he made to McGraw Hill Chairman Harold W. McGraw III after S&P's downgrade of U.S. debt in 2011. At a hearing Tuesday in Santa Ana, U.S. District Judge David Carter said he's concerned about why Geithner would have made the call to McGraw Hill's chairman three days after the downgrade, other than for it to have a "chilling effect.
March 8, 2014 | By Seema Mehta, Michael Finnegan and Jean Merl
California Democrats gathered Saturday to celebrate their dominance in state politics, buoyant about their prospects in this year's elections. But the party's annual convention showed potential minefields for a group that appears to be at the peak of its power. In particular, there were fears that Democratic voters could be complacent in November, along with fissures on a critical environmental issue and a series of endorsement battles that could presage significant internal fights in California's changed electoral landscape.
March 6, 2014 | By Meg James
Veteran publishing executive Jack Griffin has been named chief executive of the new Tribune Publishing Co., leading a group of eight newspapers including the Los Angeles Times and Chicago Tribune. The publishing chain is being spun off as a separately traded public company by Chicago-based Tribune Co., which plans to retain ownership of its TV stations and related broadcast properties. The separation is expected to happen by this summer. ON LOCATION: Where the cameras roll Eddy Hartenstein, who has been publisher of The Times since August 2008, will become chairman of Tribune Publishing, a non-executive role.
August 31, 1991
Ronald G. Segel, 56, chairman and chief executive of the publishing company that produces Variety and Daily Variety. A native of Boston and graduate of Harvard Business School, Segel first practiced as a certified public accountant. In 1971, he took a position as vice president of finance for Cahners Publishing Co., which now produces the two entertainment industry trade papers. The company, which publishes more than 50 industry-related papers, purchased Variety and Daily Variety in 1987.
September 17, 1985
J. P. Guerin, 55, the largest single shareholder of San Diego-based PSA Inc., on Monday was elected chairman of the board of the parent corporation of Pacific Southwest Airlines, according to an airline spokesman. Guerin owns about 80% of Pacific Partners and Mitchum Management Corp., two Los Angeles-based companies that in turn own 11% of PSA Inc.'s stock, a PSA spokesman said. The position of chairman has been vacant since William R. Shimp died in May, 1984.
February 21, 2014 | By Joe Flint
"Five wins and a very light power reese know" sounds more like gibberish than a weather forecast. But that was the closed caption that hearing-impaired people got during a report from the WeatherNation channel last month. What the caption was supposed to say was, "high winds and a very light, powdery snow. " Closed captioning is designed to help the deaf and hearing-impaired enjoy television and receive important news and weather reports. Unfortunately, captions are often riddled with typos and incomplete sentences that leave viewers struggling to make sense of what is being said.
February 19, 2014 | By Jim Puzzanghera and Dawn C. Chmielewski
WASHINGTON - Beaten back twice by the courts, the nation's top communications regulator will make a last-ditch attempt to craft rules aimed at ensuring the Internet remains open and free of interference from a rapidly consolidating broadband industry. Federal Communications Commission Chairman Tom Wheeler, moving quickly after a court tossed out most of the agency's so-called net neutrality rules last month, started a new effort Wednesday to recraft regulations that advocates say would form the cornerstone for future broadband and pay-TV service.
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