Microsoft to Hire New CEO by Year-End:

Microsoft to Hire New CEO by Year’s End:

Microsoft has being working to find a successor to current CEO Steve Ballmer since he announced his intention to retire in late August. Founder and current Chairman Bill Gates has already denied interest in the position. The company is currently narrowing the list of candidates. The short list includes Ford CEO Alan Mulally, former Nokia CEO Stephen Elop, and former microsfot executive now with Pivotal, Paul Maritz. Ebay chief John Donahoe has removed himself from contention. The next CEO will be the tech giant’s third in its 38 year history following Bill Gates and Steve Ballmer.

Obama to meet with GOP

Obama to meet with GOP:

House Republicans are set to hold talks with president Obama today in an attempt to strike a deal on the federal debt ceiling and budget. Yesterday, the possibility of short term increase for the debt limit was floated in the hopes more time would lead to more productive talks and eventually a broader compromise. Any conversation between the two parties is progress, but these meetings will have to go very well for a resolution to be reached by next week's deadline.