James Bell News
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Panasonic Corp.’s board will meet tomorrow to consider cutting its number of top executives by almost half as part of President Kazuhiro Tsuga’s efforts to rebound from a record annual loss, two people familiar with the plan said.
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Boeing Co. may have to absorb as much as $700 million in cost overruns on the refueling tanker the company is developing for the U.S. Air Force, about $300 million more than previously estimated, according to the service.
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James Bell scored eight of Villanova University’s 14 overtime points to help upset third-ranked Syracuse University 75-71 in college basketball.
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Boeing Co. is unlikely to take a charge tied to the delay of the 787 Dreamliner until next year’s first quarter, because the postponement’s cost is included in its plan, Chief Financial Officer James Bell said.
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Boeing Co. will consider increasing its dividend in 2012 and repurchasing shares as the planemaker’s cash flow improves with deliveries of its new 787 Dreamliner and 747-8 jumbo jet.
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As Boeing Co. Chief Executive Officer Jim McNerney held court in Airbus SAS’s backyard at the Paris Air Show last June, he made a promise: He told Wall Street analysts he’d be throwing a party in two weeks -- after the 787 Dreamliner’s first test flight.
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After ethics scandals, production breakdowns and a two-month machinists strike, the 787 Dreamliner’s successful test flights are lifting investor optimism.
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Boeing Co. Chief Financial Officer James Bell, one of three top executives nearing retirement age, will step down April 1 and be replaced by the planemaker’s controller.
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The Bank of England is overhauling the leadership of its economics unit as Governor Mervyn King and Chief Economist Spencer Dale put in place a new crop of officials who may be picked for future policy roles.
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The three directors who oversee risk at JPMorgan Chase & Co. include a museum head who sat on American International Group Inc.’s governance committee in 2008, the grandson of a billionaire and the chief executive officer of a company that makes flight controls and work boots.
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