Michael Brown


Michael Brown News

  • Retail Sales in U.S. Probably Stagnated as Employment Cooled

    Retail sales probably stagnated in March amid the smallest employment gain in nine months, showing household spending ended the first quarter on softer footing, economists said before a report today.

  • Emergency Manager Appointed to Take Control of Finances in Flint, Michigan

    Michigan Governor Rick Snyder named Michael Brown, Flint’s former interim mayor, as the city’s emergency manager and charged him with reining in a $25.7 million deficit.

  • Local Areas Set for Cuts as Overall Impact Muted: Economy

    Government spending cuts set to take effect this week will be felt at the local level as everyone from defense contractors in Virginia to waitresses in New Mexico take a hit. The overall impact on the U.S. economy may be more muted.

  • Retail Sales in U.S. Probably Rose on Labor Market Gains

    Sales at U.S. retailers probably grew in January as an improving job market helped consumers cope with an increase in the payroll tax, economists said before a report this week.

  • Amoroso, Baylor, Brown on Mobile Cybersecurity

    Nov. 29 (Bloomberg) -- Edward Amoroso, chief security officer at AT&T Services, Ken Baylor, vice president at NSS Labs Research, and Michael Brown, vice president of security product management and research at Research In Motion, participate in a panel discussion about reconciling cybersecurity concerns with the burgeoning use of mobile platforms by financial institutions. Bloomberg's Afzalul Bari moderates the panel at Bloomberg Link's Enterprise Risk Conference in New York. (Source: Bloomberg)

  • Sidley, Bird & Bird, Jacoby & Meyers: Business of Law

    The Blackstone Group’s general counsel of advisory services and the chief compliance officer of Blackstone Capital Partners, Joshua B. Rovine, has rejoined Sidley Austin LLP’s pooled investment entities group as a partner in New York. He will also be a member of the firm-wide investment funds, advisers and derivatives practice, concentrating primarily on hedge fund and fund of funds formation as well as investment adviser regulation and compliance, the firm said. Rovine was a partner at Sidley from 1998 to 2002.

  • Duke Chief Answers Critics After Coup at Biggest Utility

    Jim Rogers is sitting in his sleek, modern office on the 48th floor of the Duke Energy Center in Charlotte, North Carolina, explaining how, after a merger capped off by an 11th-hour management coup, he remains chief executive officer of the largest electric utility in the U.S. He wonders aloud whether to enliven the account with a metaphor about soured romance.

  • RIM’s BlackBerry 10 Gets Federal Security Nod

    Research In Motion Ltd. said its new BlackBerry 10 operating system has won security certification from the U.S. government as the debut approaches of the smartphone platform it’s counting on to revive sales.

  • Silicon Forest Baseball Wager Penalizes Oregon City: Muni Credit

    Hillsboro, Oregon’s fifth-biggest city, is staking its credit rating on a plan to build a $15.2 million stadium for a minor-league baseball team. Similar efforts in Washington state and New Jersey ended in downgrades.

  • Six Bottles at $7,170 Validates TPG Founder Price's Wine Bet

    On a warm October afternoon, a steel- framed concrete warehouse north of San Francisco is inundated with grapes. Forklifts bearing fruit from the nearby Russian River Valley deliver their loads to a slow-moving conveyor belt. Flanking both sides, winemaking interns pick out stems and sunburned grapes as they groove to hip-hop music thumping from loudspeakers.

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