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The Caucus: Another Key Republican Senator Expresses Concern Over Rice

Senator Susan Collins of Maine, expressed doubts on Wednesday over the Obama administration's handling of the attack in Libya, further clouding Susan E. Rice's prospects as secretary of state.

 

DealBook: Contender for S.E.C. Chief Drops Out

After Mary Miller, a senior Treasury Department official, removed her name from consideration, Sallie L. Krawcheck, a long-time Wall Street executive, has emerged as a potential front-runner to head the Securities and Exchange Commission.

 

'Fiscal cliff' talks delay Geithner departure

Tim Geithner may soon leave the Treasury Department, but he is helping lead the "fiscal cliff" negotiations.

 

After Benghazi Meeting, 3 Republicans Say Concerns Grow Over Rice

John McCain

The ambassador to the United Nations, Susan E. Rice, said Tuesday that she incorrectly described the attack on the American mission in Libya but said she based her statement on the available intelligence.

 

More power company officials resign after slow Sandy response

Power Companies

Two more executives have resigned from the Long Island Power Authority, which came under withering criticism from New York's governor for its failure to restore power more quickly to hundreds of thousands of customers after Superstorm Sandy.

 

Canada's Carney named as Bank of England chief

Britain named Canadian central bank chief Mark Carney on Monday as the next governor of the Bank of England, springing the surprise choice of a foreigner to help steer the world's sixth-largest economy out of stagnation.

 

DealBook: S.E.C. Chief Who Overhauled Agency to Step Down

SEC

Mary L. Schapiro, who overhauled the Securities and Exchange Commission after the financial crisis, announced on Monday that she was stepping down as chairwoman of the agency. Elisse B. Walter, a commissioner at the S.E.C., is expected to be named to take over the post.

 

McCain softens opposition to Rice, open to Benghazi explanation

The top Republican leading the fight against Susan Rice as the new secretary of State softened his opposition and said Sunday he was open to hearing her explain why she declared the burning of the U.S. Consulate in Benghazi, Libya, was part of a protest rather than a terrorist

 

After Scandals, BBC Appoints New Director General

BBC

Tony Hall, the chief executive of the Royal Opera House, has been selected to steer the British Broadcasting Corporation through one of its worst crises in decades.

 

Intel CEO Paul Otellini to Retire in May

Paul Otellini

Chipmaker Intel just announced that CEO Paul Otellini, who has been on the job for eight years, will be retiring in May. People are going to wonder if Intel’s board is forcing Otellini out. They’ll point to Intel’s mandatory retirement age of 65. Otellini is only 62, and his predecessor Craig Barrett retired from the CEO job at 65 or 66. But apparently there’s no hard-and-fast rule at Intel. The legendary Andy Grove, the company’s third employee, served as its CEO from 1987 until 1997, retiring closer to age 61.

 

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