| Jul 28, 2014
| 5:58 PM
After two straight years of declining profits and mounting pressure from investors, embattled Darden Restaurants Chief Executive Officer Clarence Otis on Monday announced plans to resign by the end of this year.
Otis is stepping aside at a tumultuous...
| Jun 20, 2014
On June 16, GM issued its second major ignition-switch recall, which affects 3.16 million larger cars in the U.S. ??? the 2005-2009 Buick LaCrosse, 2006-2011 Lucerne and 2005 Regal; the 2000-2005 Cadillac DeVille and 2004-2011 DTS; and the 2006-2008...
| Jun 30, 2014
Today's GM recall encompassed 7.55 million cars in the U.S. and another 893,547 cars outside the country. About 97 percent stem from inadvertent rotation of the ignition key across a slew of 1997-2014 models, which sounds similar to the ignition-switch......
| Apr 24, 2014
GM said Wednesday it has shipped "thousands" of new ignition sets to dealers for some 2.6 million recalled small cars (2.2 million in the U.S.) from the 2003-2011 model years. Dealerships are conducting the repairs right now, the automaker said.......
| Dec 10, 2013
| 8:00 PM
Mary Barra, who started at General Motors Co. as a teenager and played a key role in the automaker's post-bailout turnaround, will become the first female chief executive in the company's history.
Despite the groundbreaking nature of her appointment,...
| Dec 10, 2013
| 10:38 AM
The sudden illness of Karin Akerson, the wife of General Motors Co. Chief Executive Dan Akerson, sped up the naming of a new top executive at the nation’s largest automaker.
GM said Mary Barra will succeed Akerson in January. Barra, 51, heads the...
| Nov 12, 2013
| 2:16 PM
Fast-food turnaround artist Roland C. Smith was named the new chairman and CEO of Boca Raton-based Office Depot on Tuesday, just a week after the company merged with rival OfficeMax.
Smith, 59, of Atlanta most recently led the U.S. division of $18...
| Mar 20, 2013
| 2:55 PM
Saundra Kee Borges, the city's corporation counsel, has been named chief operating officer.
Kee Borges, 53, replaces David Panagore, who announced he would resign the post in August and left in mid-September. She had been serving as interim chief...
| Jun 29, 2013
| 4:22 PM
The controversy over Metra's approval of a $740,000 severance package for its ousted CEO has cast a harsh spotlight on the commuter rail agency's little-known board of directors.
It's also revived a decades-old question of why Chicago's transportation...
| Aug 5, 2013
| 4:56 PM
Patapsco Bancorp Inc. announced Monday that Phil Phillips has been named president and CEO of the Dundalk-based bank holding company.
Phillips, who had been executive vice president, replaces Michael J. Dee, who resigned from the positions he had held...
| Apr 3, 2013
| 6:13 PM
A bill authorizing a partial takeover of the troubled Prince George's County school system by the county's top elected official won critical support in Annapolis Wednesday.
Members of the county's state Senate delegation voted overwhelmingly to...