Recent Posts

AutoZone CEO Leaves for Office Depot

CHICAGO – AutoZone Inc. (AZO) Chief Executive Steve Odland (search) has resigned to lead Office Depot Inc. (ODP), and same-store sales at the auto parts retailer have been disappointing at the start of its latest quarter, the company said on Monday as its shares fell 10 percent. AutoZone, whose shares …

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Marc Rich Denies Strong Tie to Oil-for-Food

NEW YORK – Billionaire fugitive financer Marc Rich (search) has declared to congressional investigators probing the Oil-for-Food scandal that he had a limited role in the program and knew nothing about Saddam Hussein’s bribery schemes. But Rich, who currently lives in Switzerland, recently confirmed what his own company would not …

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Palestinians Curb Militant Weapons

RAMALLAH, West Bank – The Palestinian Interior Ministry has begun placing restrictions on the use of weapons by Palestinian militants, a step toward fulfilling a long-standing Israeli demand that the armed groups be dismantled, Palestinian security officials said Monday. The U.S.-backed “road map” Middle East peace plan requires the Palestinians …

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