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Morgan Stanley shuffles execs ahead of CEO switch

Morgan Stanley's incoming CEO, James Gorman, began putting his fingerprints on the firm, making its chief financial officer and the head of investment co-heads of its crucial institutional securities unit.

U.S. defense bill would pay Taliban to switch sides

The defense bill President Barack Obama will sign into law on Wednesday contains a new provision that would pay Taliban fighters who renounce the insurgency, Senate Armed Services Committee Chairman Carl Levin said on Tuesday.

Ford switch recall expanded by 4.5 million vehicles

Ford Motor Co is expanding its largest ever recall -- involving faulty cruise control deactivation switches that have caused fires -- by 4.5 million vehicles, regulators and company officials said on Tuesday.

Banks switch one flawed pay system for another

Banks are lowering bonuses to defuse popular outrage, but by curtailing employee incentives, compensation experts say the banks and the U.S. government are failing to fix practices that led to the financial crisis.

Worldwide network switch, routers sales fell 23 percent

Worldwide sales of network switch, routers took a major plunge of 23 percent in the first quarter to 27 percent in a year-over-year of 2009, according to Heavy Reading’s Carrier Ethernet Switch/Router Quarterly Market Tracker on Friday.

U.S. gears up for digital TV switch now on June 12

With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.

U.S. gears up for digital TV switch on June 12

With about three months to go, U.S. regulators say some consumers are still unprepared for the television industry switch to digital broadcasting, which will affect Americans who do not receive their signals through cable or satellite.

Few report hitches as digital TV switch begins

This is an improvement of more than 800,000 homes since Nielsen reported readiness status at the beginning of February. The Albuquerque/Santa Fe, N.M., market continues to be the least prepared. Some stations switched during the daytime, but an NAB representative said the vast majority that switched Tuesday did so after airing their primetime programing.

Senate approves DTV-switch delay

The Senate passed a bill on Monday night to delay the nationwide switch to digital TV signals, giving consumers almost four more months to prepare.

Obama supports DTV-Switch Delay

President-elect Barack Obama's transition team sent a second letter to Capitol Hill on Friday to re-enforce the push to postpone the nation's scheduled transition to digital-only television.

Consumers turn to cash in credit squeeze

The British Retail Consortium (BRC) has released a new survey suggesting that consumers are switching from credit cards to cash, thanks to the slowdown in the economy.

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