Tag Archives: CEO

Victim's family speaks out after scammers try to cash in on Newtown tragedy

The family of Noah Pozner was mourning the 6-year-old, killed in the Newtown school massacre, when outrage compounded their sorrow.

Someone they didn’t know was soliciting donations in Noah’s memory, claiming that they’d send any cards, packages and money collected to his parents and siblings. An official-looking website had been set up, with Noah’s name as the address, even including petitions on gun control.

Noah’s uncle, Alexis Haller, called on law enforcement authorities to seek out “these despicable people.”

“These scammers,” he said, “are taking away from families and the spirits of dead kids.”

It’s a problem as familiar as it is disturbing. Tragedy strikes — be it a natural disaster, a gunman’s rampage or a terrorist attack — and scam artists move in.

It happened after 9/11. It happened after Columbine. It happened after Hurricane Katrina. And after this summer’s movie theater shooting in Aurora, Colo.

Sometimes fraud takes the form of bogus charities asking for donations that never get sent to victims. Natural disasters bring another dimension: Scammers try to get government relief money they’re not eligible for.

“It’s abominable,” said Ken Berger, president and CEO of Charity Navigator, which evaluates the performance of charities. “It’s just the lowest kind of thievery.”

Noah Pozner‘s relatives found out about one bogus solicitation when a friend received an email asking for money for the family. Poorly punctuated, it gave details about Noah, his funeral and his family. It directed people to send donations to an address in the Bronx, one that the Pozners had never heard of.

It listed a New York City phone number to text with questions about how to donate. When a reporter texted that number Wednesday, a reply came advising the donation go to the United Way.

The Pozner family had the noahpozner.com website transferred to its ownership. Victoria Haller, Noah’s aunt, emailed the person who had originally registered the name. The person, who went by the name Jason Martin, wrote back that he’d meant “to somehow honor Noah and help promote a safer gun culture. I had no ill intentions I assure you.”

Alexis Haller said the experience “should serve as a warning signal to other victims’ families. We urge people to watch out for these frauds on social media sites.”

Consumer groups, state attorneys general and law enforcement authorities call for caution about unsolicited requests for donations, by phone or email. They tell people to be wary of callers who don’t want to answer questions about their organization, who won’t take “no” for an answer, or who convey what seems to be an unreasonable sense of urgency.

“This is a time of mourning for the people of Newtown and for our entire state,” Connecticut Attorney General George Jepsen said in a statement this week. “Unfortunately, it’s also a time when bad actors may seek to exploit those coping with this tragedy.”

But scam artists know that calamity is fertile ground for profit, watered by the goodwill of strangers who want to help and may not be familiar with the cause or the people they’re sending money to.

After the shootings at Columbine High School in Littleton, Colo., scammers asked for credit card donations for victims’ families. After the 9/11 attacks, the North American Securities Administrators Association warned investors to be wary of Internet postings encouraging them to invest in supposed anti-terrorist technologies.

In 2006, the FBI warned about an email widely circulated after the Sago, W.Va., mine explosion, which claimed to be from a doctor treating one of the survivors and asking for donations to cover medical bills.

“As was learned after the tragic events of 9/11/01, the tsunami disaster, and more recently with Hurricane Katrina, unscrupulous cyber criminals have shown the desire and means to exploit human emotion by attempting to defraud the public when they are perceived to be most vulnerable,” the FBI said at the time.

This fall, the police in Aurora, Colo., accused a local woman of trying to profit off the deadly movie theater rampage by a gunman who killed 12 people. The woman told people that she was the caretaker for a little girl named Kadence, whose mother had died in the shooting. The police said the child was made up. The scam unraveled when a donor got a phone call from what seemed to be a woman imitating a child’s voice.

When the government doled out disaster aid after Hurricane Katrina, scammers asked for money to rebuild houses they never lived in or to pay benefits for relatives who never existed.

The government later set up the National Center for Disaster Fraud to try to root out such scams in the federal relief programs administered after Hurricanes Katrina, Rita and Wilma. It has since expanded its mandate to other disasters.

The cases brought since then by the Justice Department sketch a colorful picture of fraud:

— A woman who filed for small-business disaster benefits after the 2010 Gulf Coast oil spill, even though she’d sold the business before the accident.

— A judge and a commissioner in Texas who, after Hurricane Ike, were accused of awarding debris removal contracts to a company in return for kickbacks. The judge also commandeered a 155-kilowatt generator meant for the county to power his convenience store, according to the government.

— A pastor who submitted inflated claims to a government-funded program that reimbursed groups sheltering Hurricane Katrina evacuees.

Bob Webster, spokesman for the NASAA, knows the sad pattern.

“We know cons try to cash in on headlines, and any who would even think about stooping to capitalize on the tragedy in Newtown are the lowest of the low,” he said.

Source: Fox US News

Allscripts CEO Glen Tullman Resigns

By Zina MoukheiberGlen Tullman who led Allscripts since 1997, and built it into one of the biggest vendors of electronic health records with $1.5 billion in revenues, resigned as chief executive. Allscripts also abandoned its quest to go private, which sent its stock tumbling more than 18% in after hours trading. Many investors thought the company was probably better off fixing itself away from Wall Street. Paul Black, a former chief operating officer of Cerner, is now CEO.
Source: Forbes Health

Sales of bulletproof backpacks, kids' body armor soar 500 percent following Connecticut shootings

By Joshua Rhett Miller

Sales for bulletproof backpacks and child-sized body armor manufactured by a Utah company have increased 500 percent since last week’s shooting massacre at Connecticut’s Sandy Hook Elementary, company officials said.

Derek Williams, director of sales and marketing for Amendment II, said Wednesday that the Salt Lake City-based firm has seen “incredible demand” for its pint-sized products that feature lightweight armor called RynoHide.

“We’ve seen incredible demand, sales have gone up 500 percent for those particular products,” Williams said. “It’s just gone through the roof.”

The backpacks, which retail for as little as $300, will stop a bullet fired from a .357 Magnum and feature an armor component that weighs just 10 ounces, Williams said. He declined to discuss specific sales figures.

“It’s so lightweight, it only adds 10 ounces to their backpack,” the father of six told FoxNews.com. “Would this armor have helped the kids in Connecticut? We don’t know, but any armor is better than no armor.”

Williams said Amendment II has been selling its products to police and military agencies for years now and began putting sheets of the material in children’s backpacks a year ago. He rejected any suggestion the company is seeking to cash in on last week’s shooting in which a deranged man killed 20 children and six adults at the school using a Bushmaster semiautomatic rifle.

“We do not want to sensationalize this any more than it already is,” he said. “The fact of the matter is, in today’s world, this need exists and if we have the technology to protect people, why would we not allow them to purchase it?”

The company has received “quite disturbing” phone calls recently, Williams said, including correspondence from Italy.

“They’re calling us murderous, hateful pieces of garbage,” he said. “We’re being painted as warmongers here.”

Parents, meanwhile, had mixed reactions to the concept of bulletproof backpacks, with some believing they would instill even more fear into young students.

“I’d rather have an administrator or a teacher be armed and trained to handle situations like that if they were to occur,” Laron Zaugg told Fox 13. “But having a child always having to think about that and be prepared for that every day as they get ready for school would be way over the top.”

Maryann Martindale, executive director of the Alliance for a Better Utah, questioned the necessity of the backpacks and instead called for a more reasonable approach to gun laws.

“I think when these things happen we have the chance to ask ourselves tough questions,” Martindale told Fox 13. “One of those is what kind of a society do we want to live in? Do we want to live in a society where we send our kids to school in Kevlar backpacks and arm our teachers? I think we create more chaos by responding that way.”

Sales of guns have also increased dramatically since Friday’s shooting. The Colorado Bureau of Investigation said it received a record 4,154 requests for background checks on Saturday, the day after the shooting. That was slightly more than on its normal biggest day, Black Friday.

Bob Irwin, CEO of The Gun Store in Las Vegas, said customer traffic had jumped since the school shooting, as many customers are concerned that more restrictive gun laws will be enacted. Irwin has not pulled any guns from the shelf, he said.

“My belief is the individual nutcase did this,” Irwin said. “The company that manufactured the gun didn’t. That seems silly, to deprive my normal customers of product because somebody misused a product from the same company.”

Walmart, which offers Bushmaster rifles in some stores, said it would not change the guns it sells, but company spokesman David Tovar said the web listing for the Bushmaster “was taken down in light of the tragic events.”

Investors on Tuesday shunned some of the nation’s largest gun makers, putting up for sale the manufacturer of the Bushmaster semiautomatic rifle as stocks of other gun companies fell. Private-equity firm Cerberus Capital Management announced it would sell the maker of the rifle used in the massacre, which it called a “watershed event.”

Dick’s Sporting Goods suspended sales of all “modern sporting rifles,” the industry term for military-style guns. The company also removed all guns from display at its store closest to Newtown.

The Associated Press contributed to this report.

Source: Fox US News

Infiniti Unexpectedly Changing All Model Names to Q, QX for 2014, Confirms New Range-Topping Sedan

By Justin Berkowitz

In a several-decade race to the bottom that has seen automakers throw out perfectly comprehensible model names and replace them with dyslexia-inducing jumbles of letters and numbers, Infiniti may have just touched the floor. The company announced tonight that henceforth, each of its cars will be called Q followed by a two-digit number, while the SUVs will be QX backed by a two-digit number. Those numbers correspond just to the vehicle’s position in the Infiniti hierarchy, not to engine displacement (what Infiniti used to do), nor to hypothetical engine displacement (what BMW does now), nor to number of cylinders (what Audi once did).

What this means is that the next-generation G37 sedan—which launches at the Detroit auto show in a few weeks—and G37 coupe will be rechristened as the Q50 and Q60, respectively. The 2013 M37 and M56 sedans will be replaced with the 2014 Q70, a vehicle that’s different only in terms of the badge glued on the back. Infiniti’s SUVs, too, follow suit. The EX37, JX35, FX37/56, and QX56 are being redubbed QX50, QX60, QX70, and QX80.

Heaven only knows what they’ll call the upcoming halo sports car—the QR? the QE2?—nor the upcoming range-topping sedan, which the company announced today, that will sit above the Q70-née-M56.

Dissected: Lotus-Based Infiniti Emerg-E Sports-Car Concept - Feature

This is Fatuous at Best, Disastrous At Worst

The renaming is Johan de Nysschen’s first big, visible move since taking the CEO spot at Infiniti in July. Lured from Audi, de Nysschen’s charge is to reposition Infiniti from Acura-level purveyor of leathery Nissans to a global luxury brand that can rake in money from beyond the borders of NAFTA. One needn’t squint to see the parallels between Audi’s model names and what de Nysschen just announced for Infiniti. Was it impossible to resist the temptation to say Infiniti has a car that’s ten times as good as Audi’s Q7?

Even in the many countries where Nissan is launching the Infiniti brand from a completely blank slate, this is a questionable plan for all but the most obsessive-compulsive among us. But with cars, branding, marketing, and mental association already established in the U.S., Canada, and Europe, Infiniti is giving itself—fine, we’ll say it—an infinite uphill battle.

A product lineup with extremely similar names, differentiated only by common, round, evenly spaced numbers is virtually impossible to remember. This problem isn’t unique to Infiniti’s new scheme—how many times have you heard someone say “the Lexus SUV” rather than RX350—but these are especially poorly chosen model names. The industry’s proclivity for groupthink has also given us a situation in which Infiniti will sell a QX60 crossover against Volvo’s XC60, the BMW X6, and the upcoming Audi Q6.

The generally car-aware public, potential customers, current owners (who are de facto brand ambassadors), and sales staff will have a difficult time retaining any lasting impression about Infiniti’s products. Any name recognition and equity that Infiniti has built for the G and FX in particular during the past few years is now vapor. Speaking tonight, de Nysschen said “We will have to explain to customers why they will no longer be able to buy a G or an FX,” even though essentially the same products still exist.

When Lincoln Marked Itself to Death

This way of thinking is pervasive in the industry. Ford’s Lincoln brand—which, unlike Infiniti, hasn’t had a truly exciting product since the LS—has never recovered from Elena Ford’s push to emulate the successful Mark-number line by calling every Lincoln an MK-something. That switchover, too, included an on-the-fly name change for a car, meaning dealers were selling Zephyrs one model year and face-lifted MKZs the next.

In another heritage play, Volkswagen tried rebranding the fifth-gen Golf as the Rabbit in the U.S. The word “Rabbit” never appeared on the cars, with chrome rabbit symbols on the tailgate the only indication that VW, too, thought confusing customers was a route to sales. It wasn’t, and VW returned to calling its hatchback the Golf when the sixth-gen car arrived a few years later. Make no mistake, if this toxically ineffective thinking had spread to Silicon Valley, Apple would be selling IIE-10 and IIE-20 phones and tablets—and probably not in big numbers.

As part of today’s announcement, Infiniti highlighted the nobility of “Q” models in its lineage, right back to the Q45. Whether the Q45 was an exceptional sports sedan in its day or has been elevated to legend in posthumous mythmaking, it doesn’t matter now: The Q45′s reputation is sterling. In that car was proof that Infiniti could compete with BMW’s finest sports sedans. Now, in an era when BMW sells a Z4 sDrive35is, isn’t it appropriate that Infiniti respond with its own abstruse naming scheme?

Source: Car & Driver

Make your CEO jealous with these 10 over-the-top tech gifts

Your favorite top dog probably has a stack of black American Express cards to protect, and this biometric fingerprint wallet can tackle that task. The $500,
carbon fiber iWallet Slim features a fingerprint
scanner so that only the true owner can open it. The wallet also blocks RFID chips, so chipped credit cards are safe, and it can
tether via Bluetooth to a smartphone.

Source: PCWorld

Angry Birds Movie Announced for 2016

After months of speculation, Angry Birds creator Rovio has officially confirmed that it is moving forward with a full-length animated movie. Despicable Me producer John Cohen has signed on to produce with Iron Man Executive Producer and former Chairman of Marvel Studios David Maisel signed on to executive produce.
“John’s an exceptionally talented producer, and we’re delighted to have him join the flock,” Mikael Hed, CEO of Rovio Entertainment said in a statement. “With John’s hands-on producer background and David´s expertise in establishing and running his own successful studio, these two are the dream team for making a movie outside the studio system. Both professionals have the ideal skills and vision to achieve incredible things.”
Continue reading…
Source: IGN Video Games

Fisker Looking for Strategic Partners, Wants to Maintain Relationship With A123 Systems

2012 Fisker Karma EcoSport
Fledgling automaker Fisker Automotive, which produces the stunning-looking Karma electric sedan, is seeking strategic partners and has employed the services of an investment firm to help it do so. The recently embattled company’s move—first reported by The Wall Street Journal, and confirmed to Car and Driver by a Fisker representative—is hardly surprising, and is apparently part of a push to shore up the supply chain for the upcoming Atlantic sedan. Fisker’s had some ups and downs lately—much of the tumult can be traced to A123 Systems, the brand’s bankrupt battery supplier—and so it is looking for partners willing to share both cash and technology. 
The representative we spoke with wouldn’t say which companies Fisker is looking to work with, but confirmed statements the CEO made to WSJ that the brand is in “serious discussions with multiple strategic partners.” We’re told that a specific suitor isn’t being sought, and that Fisker is exploring all of its options with a variety of different partners, which could include other OEMs or suppliers. The automaker already has partnerships with GM for the range-extending four-cylinder engine used in the Karma, as well as BMW, which will supply turbocharged four-cylinders for the Atlantic. Fisker plans to build quite a few more Atlantics than Karmas, and the main thrust of the company’s partner search is to gain larger economies of scale for the new model.

Comparison Test: 2012 Chevrolet Volt vs. 2012 Fisker Karma EcoSport
Road Test: 2012 Fisker Karm EcoChic
First Drive: 2013 Tesla Model S

So what about A123, Fisker’s battery supplier? The firm was sold this weekend to a Chinese company, but Fisker intends to keep A123′s business. We’re told Fisker is looking to renegotiate its contract with A123′s new owners, and that the automaker is pleased that the  sale was resolved quickly.

Source: Car & Driver

Chevrolet Malibu to Get Early Mid-Cycle Makeover


Dan Akerson, CEO of General Motors, recently revealed that engineers already were hard at work on a makeover for the Chevrolet Malibu. In an interview with Automotive News, Akerson stated that the Malibu would receive a “mid-cycle enhancement, not dramatic, by this time next year,” adding that the changes would include the front fascia. Launched just more than 18 months ago, the Malibu’s face lift will arrive somewhat ahead of schedule; most models in the segment go three years or more between makeovers. Akerson also acknowledged the unflattering reviews and said that the refresh is taking place sooner than Chevrolet had been planned. Chevy confirmed both statements to Car and Driver this morning.
Once considered somewhat unusual, early life-cycle vehicle makeovers are now becoming more common. The most recent high-profile example being the 2012 Honda Civic, which debuted in the spring of 2011 to a collective “meh,” from its well-established fan base and critics. Honda wasted no time retreating to the design studio to hone the vehicle, and came back with an impressive effort for 2013.

First Drive: 2013 Chevrolet Malibu 2.0L Turbo
Comparison Test: 2013 Chevrolet Malibu Eco vs. 2012 Honda Accord EX-L, 2012 Hyundai Sonata SE, 2012 Kia Optima EX, 2012 Toyota Camry SE, 2012 Volkswagen Passat 2.5 SE
First Drive: 2013 Chevrolet Malibu Eco

We found the Malibu to be competent but less than inspiring, missing several of the key details that turn a transportation appliance into a class leader. To his credit, Akerson has a pretty realistic view of the situation: “I think it’s a good car. It’ll do OK. It is a tough segment and it’s one we need to be successful in. We’ll see how it plays out.”

Source: Car & Driver

Canadian Pacific Railway to eliminate 4,500 jobs

Canadian Pacific Railway says it will eliminate some 4,500 employee and contractor positions by 2016. New chief executive Hunter Harrison said Tuesday they have already made progress and expect 1,700 positions to be eliminated by year end. CP‘s total workforce is 19,500, which includes employees and contractors. The company says the reductions will be achieved through job cuts, attrition and fewer contractors as part of its restructuring plan. Harrison is an American-born retired CEO of Canadian National Railway and is credited with turning the Montreal-based company into the most efficient major railway in North America. Earlier this year, CP CEO Fred Green announced his departure, ending a months-long battle that pitted New York activist investor Bill Ackman against the board of directors. The railroad has since elected a new board.
Source: Fox World News