BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Will ex-Time Warner CEO Richard Parsons be the next Commerce Secretary?]]>http://www.bloggingstocks.com/2009/01/07/will-ex-time-warner-ceo-richard-parsons-be-the-next-commerce-sec/http://www.bloggingstocks.com/2009/01/07/will-ex-time-warner-ceo-richard-parsons-be-the-next-commerce-sec/http://www.bloggingstocks.com/2009/01/07/will-ex-time-warner-ceo-richard-parsons-be-the-next-commerce-sec/#commentsFiled under: , ,

Former Time Warner Inc. (NYSE: TWX) Chief Executive Richard Parsons is rumored to be under consideration to be the next Secretary of Commerce after New Mexico Governor Bill Richardson withdrew his name because of an ongoing investigation in his state.

Parsons, who tangled with billionaire Carl Icahn during the recent proxy fight, already is an economic adviser to President-elect Barack Obama. He would make a great spokesman for American business during the current economic crisis.

In fact, Parsons is probably more suited for the job than Richardson, a career politician. Parsons does have baggage, though. You can expect service on corporate boards such as Citigroup Inc. (NYSE: C) to come up during his confirmation hearings.

Parsons joined Time Warner's board in 1991 and became CEO in 2002 after the problematic $124 billion merger with AOL (the parent company of this blog), which the company is still recovering from today. He deserves some credit for patching up the situation and settling costly investor lawsuits.

Should Parsons join the administration, he will not be the only former Time Warner employee to do so. Dr. Sanjay Gupta, the globe-trotting CNN medical correspondent, is slated to be Surgeon General.

Will ex-Time Warner CEO Richard Parsons be the next Commerce Secretary? originally appeared on BloggingStocks on Wed, 07 Jan 2009 16:40:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>BIll RichardsonBillRichardsoninthenewsRichard ParsonsRichardParsonsSAnjay GuptaSanjayGuptaTWXWed, 07 Jan 2009 16:40:00 EST<![CDATA[Bank of America introduces mobile banking]]>http://www.bloggingstocks.com/2007/02/14/bank-of-america-introduces-mobile-banking/http://www.bloggingstocks.com/2007/02/14/bank-of-america-introduces-mobile-banking/http://www.bloggingstocks.com/2007/02/14/bank-of-america-introduces-mobile-banking/#commentsFiled under: ,

As cell phones become more sophisticated in the functions they offer, it wasn't too long before big business followed the entertainment industry in jumping on the wireless broadband technology bandwagon.

Case in point: Bank of America recently announced that its online customers will soon be able to use their cell phones and smart phones to check account balances, pay bills and transfer funds. Yesterday, the bank formally launched the secure mobile banking initiative for its 21 million online banking customers. The service will kick off in March in Tennessee and will roll out across the country by mid-2007.

"We're taking convenience and control to a new level by providing customers with the ability to stay connected with their finances even when they're on the go," said Sanjay Gupta, e-commerce executive for Bank of America Corp. (NYSE:BAC), in the statement. Customers who have mobile Internet access through Verizon Wireless, Sprint Nextel, Cingular Wireless or T-Mobile will be able to access the new service.

As a Bank of America customer (in Massachusetts), I look forward to remotely checking my (usually small) balance anywhere or anytime. I'm sure Citibank and others have similar plans in the works. (Now when will I be able to withdraw cash from my cell phone???)

Bank of America introduces mobile banking originally appeared on BloggingStocks on Wed, 14 Feb 2007 14:34:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>BACSanjay GuptaSanjayGuptaWed, 14 Feb 2007 14:34:00 EST