| Group RCI Hosts First Leisure Real Estate Symposium in India
Group RCI, the global leader in non-hotel leisure accommodations, today announced they would be hosting their first Leisure Real Estate Symposium in India. As reported by the World Travel and Tourism Council (WTTC), India is expected to be the third fastest growing country in the world in travel and tourism demand over the next ten years. That growth potential, coupled with the 19.8% increase in the number of Indians living in India with financial assets of more than US$1 million, vs. 6.5% growth worldwide*, are important factors that lead to the selection of India as the venue for the Group 2007 Leisure Real Estate Symposium: India, Riding the Wave of Growth. .
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"All My Children" Kendall faced a new challenge when she learned Spike is deaf. J.R. blew Ava's cover, and Lenny took them both hostage. Annie appeared to be hiding something from Ryan about her childhood. Lily was relieved when Ava and J.R. were rescued. Aidan held Greenlee captive and showed her the consequences of what she'd done. Erica demanded Jack choose between her and Greenlee. Zach continued to hold Ryan responsible for the damage Greenlee had done. Watch for: Annie goes off on a mission. Greenlee tries to make amends. "As the World Turns" Meg changed her mind about aning her marriage to Craig. The WorldWide board members felt confident in Meg's ability to lead them. Rosanna awakened from her coma, and she and Paul planned their revenge on Craig.
Chrysler gets a new driver
Chrysler got a taste of its new owner's swift and decisive style Monday as its chief executive was demoted and the former head of Home Depot was tapped to lead the automaker through a major restructuring. Bob Nardelli, who left The Home Depot Inc. in January after a shareholder rebellion over his outsized pay, was named chairman and CEO of Chrysler LLC, replacing Tom LaSorda, who is taking the No. 2 slot. The changes came three days after private-equity firm Cerberus Capital Management LP acquired a majority stake in Chrysler. "The new Chrysler has the opportunity to prove that the private business model can thrive in this industry," Nardelli said. "We have an opportunity to ... make a significant change in the auto industry." LaSorda said Nardelli is a strong manager who has helped companies grow and he is happy to be working with him.
Elvis Presley • 1935-2007
Elvis Presley, the man who jump-started the rock-and-roll revolution from a tiny Memphis recording studio in 1954 and went on to become the world's most recognizable entertainer, died Monday, August 6th, of cardiac arrest, at his Horn Lake, Mississippi, home. He was 72 years old. It had been six years since an earlier heart attack sent the man many called "The King" into a mini-retirement and 30 years since a drug overdose threatened his life, then in chaos, and forever altered his career: cleaning up, breaking from his iron-fisted manager, "Colonel" Tom Parker, and withdrawing from the music world for several years. Upon his return to public life in the 1980s, Presley mixed sporadic but high-profile concert and record appearances with a series of non-music business ventures, including an ownership stake in the NFL Memphis Hound Dogs.
Chrysler boss' salary a mystery
Opportunity knocked, and Robert Nardelli missed it. If he really wanted to begin rehabilitating his tarnished reputation, he could have started his CEO job at Chrysler by publicly promising he wouldn�t accept a penny in pay. Instead, the former Home Depot CEO � who left the home improvement retail chain in January with a controversial $210 million severance package � stayed mum on what he would be making while trying to lead struggling Chrysler out of its funk. Chrysler officials fed the media tidbits about his $1 a year salary. But they refused to provide details about any performance-based bonus Nardelli could collect should he manage to help reverse the automaker�s slide. .
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