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.

businessBusiness & Real Estate

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Ben Bleiman, president of the San Francisco Entertainment Commission and one of the owners of the Dr. Teeth bar in the Mission, is fighting to keep employees and customers safe during the current COVID surge. <ins>(Kevin N. Hume/S.F. Examiner)</ins>
‘Disheartening and deflating’: SF small business owners fight to overcome Delta variant setback

‘This is not devastating, but we have suffered so much’

Mayor London Breed, pictured here at a May news conference, will be fined for unethical behavior by The City’s Ethics Commission. (Kevin N. Hume/S.F. Examiner)
Commission fines Mayor Breed over $22,000 for ethics violations

The San Francisco Ethics Commission will fine Mayor London Breed a reported… Continue reading

From left: William Palmer, William Beecher and Joline Valenzuela waitedin line for COVID-19 testing and, for Valenzuela, vaccination at the Southeast Health Center’s COVID testing and vaccine site in the Bayview<ins> District on Monday, Aug. 2, </ins><ins>2021</ins>. (Kevin N. Hume/The Examiner)
As Delta variant spreads, San Francisco’s undecided consider COVID vaccination

‘We’ve seen an uptick’

Salesforce Tower in San Francisco, which features a comprehensive water-recycling system, on July 30, 2021. Water recycling in office buildings is seen as a promising sustainability effort, as well as a smart hedge against rising costs and future shortages. (Jim Wilson/The New York Times)
Salesforce Tower is part of a nationwide water recycling trend: Here’s how it works

By Patrick Sisson New York Times When Salesforce Tower in San Francisco… Continue reading

Riders enjoyed a trip on a Powell Street cable car when service returned on Monday. <ins>(Kevin N. Hume/The Examiner)</ins> <ins></ins>
San Francisco’s cable cars return after 16-month absence

San Francisco’s cable cars are back, and they’re free for passengers to… Continue reading

Most Read