Pope May Reshape US Church as Bishops Age Out

"With many bishops nearing the age of required retirement, the Vatican has a chance to reinvent the US Catholic Church, moving beyond church sex scandals and adapting to a growing immigrant presence, reports the Los Angeles Times. Almost a third of 265 current US bishops must step down in the next 5 years; more than half must resign within a decade."

Blagojevich Indicted on 16 Federal Felony Charges

"Impeached former Illinois Gov. Rod Blagojevich, who was arrested in December on charges of conspiracy and fraud, was indicted Thursday on 16 felony counts by a federal grand jury, the U.S. attorney's office said. The 19-count indictment charges Blagojevich and some of his closest aides and advisers with a wide-ranging "scheme to deprive the people of Illinois of honest government," according to a statement by the attorney's office. Blagojevich, 52, faces charges including racketeering, conspiracy, wire fraud and making false statements to investigators, according to the release. Three counts in the indictment are against the aides and advisers."

CEO Pay Sinks for First Time in 7 Years

"CEOs took a pay cut in 2008—their first in seven years—as profits plunged and brought bonuses with them. The median compensation for the leaders of 200 big US companies fell 8.5% to $2.24 million, the Wall Street Journal reports. That includes both salaries, which rose 4.5%, and bonuses, which dropped 10.9%, as profits fell 5.8%. At financial firms, the drop was even steeper, with total compensation falling 14.2%."

THOMAS: Legislative Information on the Internet

"This service of the Library of Congress, features information on current legislation, the Congressional Record, links to Committee reports, and more." (Refdesk.com)

Willow Creek in Africa

". . .In fact, Willow Creek's outreach to Africa—specifically Angola, Zambia, Malawi, and South Africa—is as extensive as it is extraordinary. And it is extensive, ironically and precisely, because it bypasses multimillion-dollar nongovernmental organizations (NGOs) to work mostly with local churches. And hardly ever with other megachurches, but small, small churches. Furthermore, Willow refuses to bring to bear most of its vast expertise and technological resources. Instead, it relies on the basic resources and expertise of that small, local church. . ."

Reflections on GM's Ex-CEO Rick Wagoner

"The resignation of General Motors chairman and CEO Rick Wagoner has been rumored for weeks, if not months. After all, GM has lost more than $80 billion over the last four years and is dependent on handouts from the federal government for survival on a day-to-day basis. Something had to give. . ."

Eight CEOs on the Hot Seat

This is a slideshow of eight brief articles on CEOs under great pressure.