Business briefs: Notebaert to retire

Richard Notebaert, the chairman and CEO, who pulled a troubled Qwest Communications International Inc. (Q) from the brink of bankruptcy amid an accounting scandal, announced plans to retire. Notebaert, 59, said he will leave the Denver company after the board of directors selects a replacement. Businessman Philip Anschutz, a stockholder in Qwest, owns The Examiner’s parent company.

Stephen Schwarzman

Private-equity powerhouse Blackstone Group LP said Monday that its chief executive made $400 million in 2006 — almost double the combined compensation for the CEOs of Wall Street’s five biggest investment banks. Schwarzman, 60, will lead the New York-based firm to the highly anticipated initial public offering of its management company within the next few weeks.

Norooz Spring Festival kicks off Persian New Year celebrations

People gathered in Union Square Saturday, March 9, 2019 to commence Persian New Year Celebrations. Norooz (also spelled Nowruz) takes…

By Examiner Staff
Breaking: University of San Francisco promotes Joan McDermott to athletic director

The University of San Francisco has found its next athletic director. The Dons have decided to promote Joan McDermott, the…

By Ryan Gorcey
Arrest made in ‘motorcycle bandit’ robberies

An arrest has been made in connection with a series of armed robberies in December and January that police dubbed…

By Victor Tence