Johnson Controls names new CEO Alex Molinaroli takes helm
Johnson Controls board elected Alex A. Molinaroli as president and chief executive officer effective Oct. 1, succeeding Stephen A. Roell who will retire as CEO Dec 31 with Roell remaining as chairman through year end. Molinaroli to also serve as chairman starting Jan. 1, 2014. John Murphy named corporate officer.
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Johnson Controls Declares 19 Cent Quarterly Dividend
Johnson Controls announced a quarterly cash dividend of 19 cents per common share. The payout is payable October 2 to shareholders of record at the close of business September 6, per a news release from the company’s board.
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Johnson Controls
Holland
Health care marketplaces move beyond online shopping may differ
The new health insurance exchanges open Oct 1 with heavy call-center use and manual processing early on. States pause advanced online tools, focusing on traditional assistance as federal and state teams build the enrollment system for millions seeking coverage and subsidies.
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Barack Obama
Travelocity
Amazon
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Christine Ferguson
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Michigan unemployment climbs across all 17 regions
Michigan’s seasonally unadjusted unemployment rose 1 point from 8.4% in May to 9.4% in June. Rates ranged from 6.8% in the Ann Arbor region to 11% in the northeastern Lower Peninsula, with Detroit at 10.3%. Regional increases varied 0.1 to 1.3 percentage points, median 0.6, a typical June pattern per state officials.
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Michigan
Department of Technology, Management & Budget
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Lower Peninsula
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