Archive: March 8, 2009 - March 14, 2009

Early Briefing: New Leader at AOL

AOL announced a new leader, just two years after the outgoing executives were chosen to turn around the struggling dial-up and content company. Google Senior Vice President Tim Armstrong will replace Randy Falco as chairman and chief executive, said parent company Time Warner. AOL president and operating chief Ron Grant...

By Terri Rupar | March 13, 2009; 7:30 AM ET | Comments (0)

Hilton Leases In Tysons

By Dana Hedgpeth Hilton Hotels has signed a lease for roughly 100,000 square feet of office space at Park Place II in Tysons Corner. The 300,000-square-foot building, owned by B.F. Saul, was built last year and 17 percent of it is leased, according to CoStar Group, a real estate research...

By Dan Beyers | March 11, 2009; 11:56 AM ET | Comments (0)

Marriott Announces Executive Changes

Arne M. Sorenson By Thomas Heath Marriott International today named chief financial officer Arne M. Sorenson as president and chief operating officer, placing him at the forefront of candidates to one day succeed chairman and chief executive J. W. "Bill" Marriott Jr. Sorenson, 50, succeeds William J. Shaw, 63,...

By Dan Beyers | March 9, 2009; 2:53 PM ET | Comments (5)

Value Added: When Business Turns Cold

By Thomas Heath I used to get giddy when the envelopes from Fidelity Investments and Vanguard Group arrived in the mail each month, informing us how much new wealth the magic stock market had bestowed upon us. I would contemplate the balance and think of what steel king Andrew Carnegie...

By Dan Beyers | March 8, 2009; 8:00 PM ET | Comments (14)

 
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