business news in context, analysis with attitude

• Toys R Us said yesterday that Antonio Urcelay, its interim chief executive officer, now can remove the "interim" from his title. Urcelay has been interim CEO since last May, when Gerald Storch resigned from the job.

At the same time, Toys R Us said that it has hired Hank Mullany, most recently CEO of ServiceMaster Co, to be president of its US division.
KC's View: