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GERMANY: Karstadt interim CEO Weitz steps down

2014-08-20 15:45:00| Daily apparel & textile news and comment - from just-style.com

Kai-Uwe Weitz, the interim CEO of German department store Karstadt, has stepped down after just over a month in the role.

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Ballmer steps down from Microsoft board

2014-08-20 09:19:00| Telecompaper Headlines

(Telecompaper) Steve Ballmer has stepped down from Microsoft's board of directors six months after Satya Nadella replaced him as CEO. In an open letter to Nadella, Ballmer cites his busy schedule as owner of the Los Angeles Clippers basketball team, civic contributions, teaching and study. He tells his successor, "I have confidence in our approach of mobile-first, cloud-first, and in our primary innovation emphasis on platforms and productivity and the building of capability and services as core business drivers." Ballmer said that for the foreseeable future he expects to continue holding his position of owning more Microsoft shares than anyone other than index funds.

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Trimble Steps Into Facilities Management With Manhattan Software Acquisition

2014-08-20 02:08:14| ENR.com: Headline News

Expanding its applications for spatial modeling past the construction phase of the building lifecycle, Trimble, Sunnyvale, Calif., announced August 19 that it will acquire London-based Manhattan Software, a maker of facilities-management and real-estate-management software.

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South America Steps in to Meet Russian Needs

2014-08-20 02:00:00| ThePigSite - Industry News

ANALYSIS - The trade war with between Russia and the EU, US, Canada, Australia and Norway that has flared up because of sanctions imposed over the crisis in Ukraine was stepped up this week.

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Steve Ballmer steps down from Microsoft's board

2014-08-19 21:18:18| InfoWorld: Top News

About six months after retiring as CEO of Microsoft, Steve Ballmer has relinquished his seat on the company's board of directors effective immediately, citing a busy schedule and confidence in the company's current and future financial performance.

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