The Chatter: The Chatter for Sunday, May 3

Posted by Unknown on Saturday, May 3, 2014

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Business Day |The Chatter for Sunday, May 3

http://nyti.ms/1iVI58d

Business Day | The Chatter

â€œI knew we could do this. Every week I got more and more confident, even through the toughest of times.â€

Alan Mulally, talking about the turnaround of Ford after it appeared headed for bankruptcy in 2009. Last week, Mr. Mulally announced that he would retire as chief executive on July 1 and, as expected, be succeeded by the veteran Ford executive Mark Fields.

â€œWeâ€™ve been living in sub-3-percent land, and people have gotten used to that as the new normal.â€

Dan North, chief economist at Euler Hermes North America, a large insurer. He said the annual economic growth rate in 2014 would most likely be below the post-World War II average of just over 3 percent and called that â€œanemic.â€

â€œSony needs a new strategy. They need hit products.â€

Daniel Ernst, founder of Hudson Square Research. Sony slashed its profit outlook for the third time in a year on Thursday, putting increased pressure on its chief executive, Kazuo Hirai, to show that he can still engineer a turnaround.

A version of this article appears in print on May 4, 2014, on page BU2 of the New York edition.