Entries tagged "corporations"
What kind of companies drive innovation more effectively -- small, nimble startups or big, heavily capitalized corporations?
Charles Schwab Corp. has found a new chief executive in Walter W. Bettinger II to run the U.S.' largest brokerage firm. Bettinger fills the shoes of founder Charles R. Schwab, who announced his resignation June 22 but will remain as chairman. Bettinger takes over during a trying time for Charles Schwab, which is facing a slowing economy as well as fierce competition from competitors TD Ameritrade Holding Corp. and E*Trade Financial Corp. Last year, there were several media reports swirling that Schwab and TD Ameritrade were possibly interested in E*Trade, but a deal never materialized. - Gerald Magpily...