Summit Notebook

Karmazin does it for love, not $

December 3, 2008

Sirius XM Chief Executive Mel Karmazin is a serial monogamist when it comes to stocks. No matter where he’s worked, from Viacom to Sirius, he only buys stocks in those companies, he told the Reuters Media Summit in New York on Wednesday.

Tiger Woods, please come back!

December 3, 2008

The Professional Golfers’ Association, like everyone else who’s world depends on business, is teeing off into what executives like to call headwinds. While the PGA Tour Commissioner Tim Finchem seemed pretty confident about the state of play at the Reuters Media Summit in New York, he didn’t shy away from being perfectly clear about life without legendary pro Tiger Woods — now out with a bum knee.

Baseball’s Bud Selig: Won’t be Commish again. Really.

December 2, 2008

It’s easy to tell that Bud Selig, Major League Baseball’s commissioner, is a lifer, a true old-school fan with his dream job. He tells great stories about being a fan, a lifelong friend of icons like Hank Aaron, and is famous for being energetic when watching games live.

NFL exec: Most of our players are good guys

December 1, 2008

The NFL is getting a lot of gruff over the fact that some of its players have been taking the “bad boy” persona a wee bit too far. But the league says that most of its players know that violence belongs on the field; not at home, in bars or, say, crossing state lines.

Time Warner Cable and the Audacity of Hope

December 1, 2008

It’s not every day that you have a top executive in big business talk about how nice it will be to see the back of the Bush administration. Republican presidencies typically tout their adherence to free markets, unbridled capitalism and, most importantly, a smaller pile of what corporations often consider burdensome regulations. That isn’t what they usually expect from Democratic administrations, even ones led by Barack Obama.

Audio – Opportunistic youth and the works

November 25, 2008

It’s not just the global economic crisis that is weighing on Genpact Chief Executive Pramod Bhasin’s mind, but also several home-grown concerns.

Obama victory sparks pride — now what?

November 20, 2008

    Aetna CEO Ron Williams is one of the highest profile African American executives in the United States. On Wednesday he reflected on the election of Barack Obama, who is about to become the nation’s first black president.     
    “I thought it was terrific that the country was able to judge him on the basis of what they felt he could do for the country. I felt proud of the country. I thought it was an important milestone in the evolution of the country, and having done that, like the seat I sit in, now our shareholders want to know, ‘what are you going to do for us?’
    “I think he is off to a good start working on critical issues,” said Williams.

Audio – Say What?

November 18, 2008

From time to time, John Jenkins is puzzled by the press releases he reads from drug companies.

Big Pharma slow to get the picture

November 17, 2008

Like Kodak’s failure to shift from away from film faster in the face of digital cameras, the world’s top drug makers are dragging their heels in rethinking they way they do business.