Ex Lehman Chief Dick Fuld Seeks Comeback via National Stock Exchange Relaunch
Former Lehman Brothers head Dick Fuld spoke at a Manhattan event as he eyes a summer relaunch of the National Stock Exchange in which he partly owns. He outlined new ventures under Matrix Advisors and Matrix RE Brokerage while denying focus on past collapse, saying he wants to put it behind him.
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AmEx executive Edward Gilligan dies suddenly on jet
Edward Gilligan a senior American Express official died after falling seriously ill on a corporate jet He rose from intern in 1980 to vice chairman in 2007 and later president in charge of consumer and small business card issuing and global merchant services Chenault mourns the loss and reassigns his leaders The news comes as the Obama administration proposes lowering ethanol blending requirements under the Renewable Fuel Standard potential impact focused on Iowa and rural economies
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USA Snapshots Speed of Business Pace of Change
USA SNAPSHOTS notes the rapid pace of development in business and industry, highlighting accelerating growth, shifting markets, and evolving technologies driving contemporary commercial dynamics. It emphasizes how speed shapes competition, investment, and policy considerations in the modern economy.
Lamborghini joins SUV trend with rivals Maserati Bentley Rolls-Royce
Luxury car makers race to add high price sport utility vehicles. Lamborghini plans an Urus based SUV with annual US and global sales around 3,000, aiming to match Rolls-Royce Cullinan Bentley Bentayga and Maserati offerings. Strong entities include Lamborghini Maserati Rolls-Royce Bentley and Urus concept.
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Luxury SUVs prove hot market for automakers says analyst
IHS Automotive analyst Tom Libby notes profits from luxury SUVs are extraordinary as automakers race to add super premium models. Maserati Levante is in testing with roots in the Kubang concept while McLaren avoids SUV plans yet Porsche expands with Macau and Cayenne.
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