RENAMED. AOL TIME WARNER, parent company of TIME; to Time Warner; by the company's board of directors, three years after the announcement of the trouble-plagued corporate merger; in New York City. Of expunging the name of its online unit--which will mean changing the company's ticker symbol (to TWX) and its logo--CEO Dick Parsons said, "We believe that our new name better reflects the portfolio of our valuable businesses and ends any confusion between our corporate name and the America Online brand name."
RESIGNED. RICHARD GRASSO, 57, as chairman and CEO of the New York Stock Exchange; after an uproar over his...
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