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Microsoft Shakeup: President Of Windows Is Out

The Microsoft executive in charge of bringing Windows 8 to market is out. Steven Sinofsky leaves Microsoft less than three weeks after a major rewrite of the popular operating system was released. Sinofsky had been seen as likely to succeed CEO Steve Ballmer.

Baron Named Executive Editor At 'Washington Post'

Martin Baron of the Boston Globe has been named the new executive editor of The Washington Post. He replaces Marcus Brauchli who came to the Post in 2008 from The Wall Street Journal.

Long Island Power Authority CEO To Step Down

Michael Hervey will leave effective at the end of the year. The New York utility received harsh criticism over how it handled the aftermath of Hurricane Sandy. Customers have complained about long waits for service to return. Two weeks after the storm tens of thousands of homes and businesses still have no power.

Obama To Hold White House News Conference

At the White House, President Obama will hold his first East Room news conference since March on Wednesday. He's expected to talk about the nation's fiscal condition, as well as the scandal that has cost him his CIA director.

Down Economy Injures Local Hospitals

The health care industry is one of the most reliable sources of new jobs in the country. And in cities that suffer from high unemployment, the local hospital is often the biggest employer still standing. But the downturn in the economy has left some hospitals in perilous financial shape. In Waterbury, Ct,, the biggest hospitals are going through a painful process of outsourcing and layoffs.

'Halo 4' Has Successful First Day Of Sales

The latest installment from Microsoft's blockbuster video game series, which pits humans against aliens in the future, was released last week. It made more than $220 million in the first day sales. That's more than the second Harry Potter movie, which holds the record for the biggest film opening.