Tag Archives: thomson-reuters

Devin Wenig biography

Devin Wenig is the CEO of the Markets Division of Thomson Reuters and former COO of Reuters. Devin Wenig is the Chief Executive Officer of the Markets Division of Thomson Reuters. He leads the global financial services and media businesses, which provide indispensable information to professionals in the financial services, media and corporate markets. Previously, Mr. Wenig served as Chief Operating Officer and a Board Director of Reuters Group PLC and held a number of senior management positio

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Devin Wenig biography

Devin Wenig leaving Thomson Reuters Corp

The company, which provides information and news to financial, legal, accounting and healthcare professionals, reaffirmed its 2011 outlook on Thursday and said it expects to report second-quarter ongoing revenues of between $3.1 billion and $3.2 billion, up 4 percent before currency. Thomson Reuters Corp said Markets division head Devin Wenig is leaving the company and that it is reorganizing the unit, where growth in the second quarter has been “somewhat slower than anticipated.” It estimated

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Devin Wenig leaving Thomson Reuters Corp

Reuters Chief Accused of Caving to Hedge Fund; ‘Not a Bad Story … Could Have Run’

Reuters editor-in-chief David Schlesinger told staffers in a conference call Wednesday that an investigation into billionaire hedge fund manager Steven Cohen that he killed last month after Cohen called to complain was “not a bad story” and “could have run.” Which doesn’t really explain why he killed it, does it? In the tense call, a recording of which was provided to Gawker, Schlesinger faced down a string of angry and confused Reuters journalists demanding to know precisely why their boss spiked an investigation into accusations that SAC Capital Advisors’ Steven Cohen engaged in insider trading in the 1980s

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Reuters Chief Accused of Caving to Hedge Fund; ‘Not a Bad Story … Could Have Run’

Pentagon bans book by noted linguist, anti-war activist Noam Chomsky

The Pentagon has paid anti-war activist Noam Chomsky the highest honor any totalitarian entity can bestow upon an author: they’ve banned his book Interventions at Guantanamo Bay prison. They won’t say precisely why they “honored” Chomsky, but Navy spokesman Lt.

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Pentagon bans book by noted linguist, anti-war activist Noam Chomsky

Iceland says bye to Mickey D’s

The Big Mac, long a symbol of globalization, has become the latest victim of this tiny island nation's overexposure to the world financial crisis. Iceland's three McDonald's restaurants – all in the capital Reykjavik – will close next weekend, as the franchise owner gives in to falling profits caused by the collapse in the Icelandic krona. “The economic situation has just made it too expensive for us,” Magnus Ogmundsson, the managing director of Lyst Hr., McDonald's franchise holder in Iceland, told the Associated Press by telephone on Monday

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Iceland says bye to Mickey D’s

Report: Current health care system wastes up to $850 billion annually

According to a report by Thomson Reuters, the American health care system wastes between $505 billion and $850 billion every year, which is up to a third of the nation's total health care costs. “America's health care system is indeed hemorrhaging billions of dollars, and the opportunities to slow the fiscal bleeding are substantial,” said the report, which was completed by Thomson Reuters' vice president for health care analytics.

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Report: Current health care system wastes up to $850 billion annually

Visa quarterly profit jumps 73% amid recession

Visa Inc. on Wednesday said its fiscal third-quarter profit jumped nearly 73 percent, as recent cost-cutting helped offset declining payment processing volume driven down by the recession

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Visa quarterly profit jumps 73% amid recession