A2: Business

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The Wall Street Journal, Bloomberg and several other media outlets are reporting on the departure of Ron Marshall as CEO of the Ann Arbor-based Borders Group bookstore chain, after about a year at the helm. (TheStreet.com puts it least charitably, with the headline “Borders CEO Flees Crumbling Company.”) From a MarketWatch report: “Maybe his skills didn’t have enough time to take hold, but things didn’t seem to improve much on Marshall’s watch. Earlier this month, the company reported a 14.6% tumble in same-store sales at Borders superstores.” Shares fell below $1 in trading today. [Source]