February 25, 2014 |
After eight years at the Federal Reserve, Ben Bernanke might have been ready for a vacation. But it's been less than a month since he stepped down as chair, and he's announced he's been planning a memoir. He expects to meet with publishers in the next several weeks, the Associated Press reports . Bernanke joined the Federal Reserve's Board of Governors in 2002 and in 2006 was appointed chairman by President George W. Bush. He followed the long tenure of Alan Greenspan, the chair who put the position in the spotlight.
February 16, 2014 |
The gig: Noel Massie is president of United Parcel Service's Southern California District, which has 20,000 employees and serves 144,000 customers in the area that includes the Southland, Hawaii and the southern tip of Nevada. On top of being responsible for a typical budget of $190 million, Massie oversees every aspect of the district's operation, including sales and customer relationships. Massie was installed as chair of the Los Angeles Area Chamber of Commerce this year. Early days: Massie grew up in an integrated East Oakland neighborhood, where his appreciation for people with diverse backgrounds would later apply to his work at UPS. Massie attended Berkeley High School for its math and science curriculum.
February 14, 2014 |
Opting for arts-administration and fundraising credentials over star power, the White House announced Wednesday that President Obama will nominate Jane Chu, president and chief executive of the Kauffman Center for the Performing Arts in Kansas City, Mo., as the next chairman of the National Endowment for the Arts. Chu has led the Kauffman Center since 2006, when it was being planned. She oversaw a $414-million campaign to build the center, which opened in September 2011. Chu, who has spent most of her life in the Midwest and Texas, has had a much lower national profile than most nominees for the NEA chairmanship over the past 20 years.
February 13, 2014 |
The future head of the National Endowment for the Arts will likely face many of the same funding challenges that have beset the organization for years, according to two former chairs of the federal arts organization. In separate interviews, Dana Gioia and actress Jane Alexander, both of whom have served as chairs of the NEA, said that the organization continues to be under-funded and that restoring cuts to its budgets will likely be at the top of the next chair's agenda. On Wednesday, Jane Chu was announced as President Obama's nominee to be chairwoman of the NEA. Chu, the president and chief executive of the Kauffman Center for the Performing Arts in Kansas City, Mo., faces Senate confirmation.
CALIFORNIA | LOCAL
February 5, 2014 |
A 23-year-old gang member who was convicted this week of the murder and robbery of a father of two was linked to the crime through phone records and evidence at the scene, prosecutors said. Jesus Mendez, 23, was found guilty Tuesday of first-degree murder and second-degree robbery. A jury spent fewer than three hours deliberating before delivering the verdict in the 2012 killing of Jaime Sharif Abuawad , 27. Though there were no eyewitnesses to the shooting, Mendez was identified as being close to the crime scene in the 800 block of West 81st Street in Vermont Knolls approximately 10 minutes before the killing, said Deputy Dist.
February 3, 2014 |
WASHINGTON -- Ben S. Bernanke, whose eight-year tenure as Federal Reserve chair ended Sunday, will join the Brookings Institution think tank as a distinguished fellow in residence. The news came Monday as his replacement, Janet L. Yellen, was sworn in as the first woman to lead the powerful U.S. central bank. Bernanke will be affiliated with the new Hutchins Center on Fiscal and Monetary Policy, Brookings said Monday. PHOTOS: Federal Reserve chairs through the years “His firm, steady hand at the Fed's tiller came at a crucial time in our nation's history, including during the worst financial and economic crisis since the Great Depression," said Strobe Talbott, president of the Washington, D.C., think tank.