Grand Canyon University preps for IPO as Apollo group execs join team

Apollo Group Inc. has lost three top executives to Grand Canyon University, a private Christian college in the process of going public.
Brian Mueller, president and director of Phoenix-based Apollo Group, submitted his resignation June 24, and is heading to Grand Canyon as CEO. Going with him to the Phoenix-based college is Stan Meyer, […]

Asia, Europe Best Placed to Weather Slowdown, Officials Say

Asia and Europe are better placed than others to cope with the global economic slowdown, according to officials attending a meeting of finance ministers from the two regions in Jeju, South Korea.
The two areas “have good fundamentals to weather in better condition than others these difficulties,'' European Union Economic and Monetary Affairs Commissioner […]

Berkshire vice chairman:

A record 31,000 trekked to Omaha over the weekend to attend Berkshire Hathaway Inc.'s annual meeting and hear Warren Buffett's take on the financial crisis.
"The idea of financial panic — that has been pretty much taken care of," Buffett said, crediting the Federal Reserve's move to bail out Bear Stearns (NYSE: BSC) […]

Hearing panel dismisses complaint against H

A Financial Industry Regulatory Authority hearing panel on Friday dismissed a November 2004 complaint against H&R Block Financial Advisors alleging sales and supervisory violations related to sales of Enron Corp. bonds in the month before Enron filed bankruptcy on Dec. 2, 2001.
In a release Friday, Washington-based FINRA said that the panel ruled […]

Strauss-Kahn Says IMF Sees Growth Around 3.7% in 2009

International Monetary Fund Managing Director Dominique Strauss-Kahn said prospects for the world economy aren't improving and indicated growth is unlikely to pick up in 2009.
“The forecasts we're going to release in a few days show things are not really improving,'' said Strauss-Kahn at a conference in Watford, England today. “The downside risks identified […]

Villa Duchesne names Rizzo head of school

John "Jack" Rizzo was named the head of Villa Duchesne/Oak Hill School effective July 1, the school announced Monday.
Rizzo most recently served as head of school at Maui Preparatory Academy in Hawaii.
He replaces Sam Sciortino who served as head of school for six years and will be retiring after 44 […]

Taiwan

Taiwan's economic growth probably slowed in the fourth quarter from the fastest pace in three years as consumer spending cooled and exports to the U.S. eased.
Gross domestic product rose 5.65 percent from a year earlier, moderating from the third quarter's 6.92 percent gain, according to the median estimate of 14 economist surveyed […]