Business

The week’s winners and losers

WINNERS

RALPH LAUREN

Style really is ageless: 72 year old designer signs on to lead his company 5 more years.

REED HASTINGS

Finally, some smooth sailing for Netflix chief, thanks to surge in online usage.

CELEBRITY MAGS

For summer doldrums, tabloid gods send the TomKat split.

LOSERS

STEVE BALLMER

Microsoft CEO takesa huge write-down of $6.2B on digitalad firm acquisition

BOB DIAMOND

Former Barclays CEO resigns over Libor scandal and is grilled by English Parliament.

JOHN PAULSON

Investors are irate, so hedgie dumps Delphi shares to raise cash.