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Spain urged to pursue further reforms to generate growth and jobs

Wed, 19 Jun 2013 17:10:52 -0400

MADRID - Spain risks high joblessness and sluggish growth for years unless its government together with Europe takes "urgent action' to generate growth and jobs, the International Monetary Fund stated Wednesday. "While there are signs the economic contraction may end soon, the outlook remains difficult," IMF said in its annual assessment of the Spanish economy. "But unemployment remains ...

Africa Must First Tackle Poverty Says Ex-Malawi President

Wed, 19 Jun 2013 18:15:02 -0400

Malawi's former president says democracy and independence alone are not the ultimate answer to addressing the growing poverty levels in Africa. But Bakili Muluzi also says the democratic strides Malawi has achieved will remain meaningless if citizens continue to live in abject poverty. "Independence alone is not enough. Democracy alone is not enough People don't eat democracy,rdquo; ...

5000 Indian expats in Saudi Arabia get new jobs

Wed, 19 Jun 2013 09:20:02 -0400

Around 5,000 expatriate Indians in Saudi Arabia, affected by a new labour policy in the Gulf nation, have found new jobs, the Indian consul general in Jeddah said. Consul General Faiz Ahmed Kidwai said the consulate's various pro-active measures have helped these Indians rectify their residency status and get new jobs, Arab News reported Wednesday. Indian expatriates were badly hit by the new ...

ANZ can afford to keep Aussie jobs union

Thu, 20 Jun 2013 01:53:17 -0400

A union says the ANZ bank can afford to keep every single Australian job it plans to cut and only wants to go offshore to bump up its share ...

National Briefing | Northwest Bridge Traffic Resumes in Washington

Thu, 20 Jun 2013 00:21:55 -0400

Traffic resumed Wednesday on the Interstate 5 Skagit River bridge, the main route between Seattle and Vancouver, British Columbia. A temporary span replaced a section of the bridge that collapsed May 23 when it was struck by a truck with an oversize ...

Survey Graduates search for fun jobs

Wed, 19 Jun 2013 23:30:10 -0400

Security, stability also top priorities due to concerns over economy Despite the harsh job market this year for college graduates, Zhang Zhiwei, a graduate from Shanghai International Studies University, has listed innovation and personal interest as priorities in his job search. "It is most important for me to work for a job that I find fun and interesting," said the 23-year-old who ...

ANZ considers sending 600 jobs overseas

Wed, 19 Jun 2013 22:33:54 -0400

The ANZ bank is considering axing up to 600 call centre jobs in Melbourne and moving them overseas.ANZ spokesman Stephen Ries has confirmed a draft proposal to senior management outlines plans to sack 340 staff at its Mulgrave call centre and a further 250 positions in South Melbourne.The proposal would see the jobs move to the Philippines and New Zealand."No decision has been made, nor will ...

Hastings Deering to cut 200 jobs mainly from Mackay Rockhampton

Wed, 19 Jun 2013 22:21:17 -0400

Mackay 4740 Mining support company Hastings Deering has announced plans to cut 200 jobs from its Australian workforce.In a statement, the company says it will focus on its central Queensland operations in Mackay and Rockhampton.The company says it will consult with employees over the next fortnight.It has blamed the decision on the downturn in the resources ...

Up to 100 NZ Post jobs to go

Wed, 19 Jun 2013 21:25:31 -0400

New Zealand Post says it will axe 80 to 100 corporate roles at the state-owned company's Wellington and Auckland offices by July. Spokesman John Tulloch said the restructuring would provide cost savings and also right-size the firm, which has faced a sharp decline in mail volumes, to meet the current business conditions. "At New Zealand Post there were ...

Express Scripts plans to add 1500 jobs in north St. Louis County

Wed, 19 Jun 2013 20:23:36 -0400

FAIR: We can't understand the fuss, much less the end-of-the-world headlines, over St. Louis Treasurer Tishaura Jones' announcement Tuesday ...

Video Federal Reserve raises its predictions for growth and jobs

Wed, 19 Jun 2013 19:56:03 -0400

Ben Bernanke said the economy is doing well enough that the Federal Reserve is likely to ease back on a bond-buying program that has kept interest rates at record-low rates. The prospect of higher interest rates sent the Dow down more than 200 points. Anthony Mason ...

ANZ proposes to offshore up to 600 jobs - reports

Wed, 19 Jun 2013 19:28:49 -0400

SYDNEY, June 20 | Wed Jun 19, 2013 7:28pm EDT SYDNEY, June 20 (Reuters) - Australia and New Zealand Banking Group Ltd, the country's fourth-largest bank, is considering a plan to move up to 600 call-centre jobs to the Philippines and New Zealand, media reported on Thursday. ANZ is considering closing its call centre in Mulgrave, affecting about 340 jobs, and moving 250 jobs from its ...

Stocks Fall on Bernanke Comments Dollar Gains Ground after Fed Decision Obamacare Hurting Jobs

Wed, 19 Jun 2013 19:11:32 -0400

Stocks Fall as Bernanke Says Fed Likely to Taper Stimulus (Bloomberg) Stocks declined today, after a two-day rally in the S&P 500, as Federal Reserve Chairman Ben Bernanke said that the central bank may "moderate" its pace of bond purchases later this year as risks to the economy have decreased and the jobless rate should fall. "The Fed's walking a tightrope here," ...

When Baby Boomers Retire Immigrants And Their Kids Will Fill Their Jobs

Wed, 19 Jun 2013 19:05:27 -0400

In the next twenty years, immigrants and their children will step up to fill the workplace needs caused by retiring and dying Baby Boomers, according ...

Italian labor union leader Attacks on emergency workers senseless

Wed, 19 Jun 2013 19:00:02 -0400

A crowd swarmed Italian ambulance drivers responding to an emergency, marking the third aggressive act against emergency workers in two weeks, police said. The driver and medical team were loading a 60-year-old man into the ambulance in Rome when they were attacked Tuesday evening, ANSA reported. The man had suffered a heart attack and died shortly after arrival at the hospital, ANSA of Rome ...

ANZ jobs to go overseas union says

Wed, 19 Jun 2013 18:54:53 -0400

Finance Sector Union national secretary Leon Carter says an ANZ internal memo outlines plans to close the company's call centre in Mulgrave and move the jobs to the Philippines and New Zealand.The move is expected to affect about 340 jobs.A further 250 positions at ANZ's South Melbourne office are also expected to go.Mr Carter said although ANZ described the plan as a proposal, he did ...

UPDATE 1-Jabil to cut jobs forecasts core earnings below estimates

Wed, 19 Jun 2013 18:10:33 -0400

Wed Jun 19, 2013 6:10pm EDT * Sees 4th-quarter core earnings of $0.50-$0.58/share * Analysts expect core earnings of $0.59/share * Shares down 1 percent after market June 19 (Reuters) - Contract electronics maker Jabil Circuit Inc forecast current-quarter core earnings below analysts' estimates and said it planned to cut an unspecified number of jobs as part of a restructuring plan. Jabil ...

Bernanke May Have Just Made the Jobs Report More of a Circus

Wed, 19 Jun 2013 18:09:15 -0400

One of the government's most-hyped economic reports may start getting even more scrutiny thanks to Ben Bernanke. That's because the Federal Reserve chairman made some news on ...

Investors Get The Inside JOBS Treatment

Wed, 19 Jun 2013 18:04:49 -0400

JOBS Act . Its supporters said the new law would create American jobs by making it easier for "start-ups" to raise money by issuing IPOs - initial public offerings of their shares. Sounds like a win-win for business, investors and workers, right? But now that the new law has taken effect, it's clear that companies looking to raise money from investors could use the JOBS Act to ...

ANZ considering off-shoring 600 jobs

Wed, 19 Jun 2013 17:42:02 -0400

The ANZ bank has confirmed it is considering sacking nearly 600 Melbourne staff. The jobs, from the Mulgrave call centre and head office in South Melbourne, would be moved to the Philippines and New Zealand. A company spokesman says at this stage it is just a proposal, and no final decisions have been ...

Workforce West Virginia helps residents find jobs

Wed, 19 Jun 2013 17:39:26 -0400

PARKERSBURG - Over the last year a number of people were able to be retrained and employed through a number of programs offered put together by the Workforce West Virginia Workforce Investment Board. Workforce West Virginia is the umbrella title that covers a variety of partners who work with employment training programs, including the state unemployment and employment assistance agencies as well ...

Commerzbank to Ax 5200 Jobs

Wed, 19 Jun 2013 16:56:58 -0400

Germany's second-largest bank said Wednesday it planned to cut around 5,200 jobs, or 12 per cent of its workforce, by 2016. Commerzbank management said it had reached an agreement with the bank's workers' council to further eliminate 3,900 jobs, in addition to the some 1,300 cuts already agreed to so far. At the end of March, the bank had some 45,000 full-time employees, ...

DOD Releases Report on U.S. Nuclear Employment Strategy

Wed, 19 Jun 2013 16:53:47 -0400

The Defense Department published a congressionally mandated, unclassified report on the U.S. Nuclear Employment Strategy today. The report is posted ...

Cheapism Best free jobs sites

Wed, 19 Jun 2013 16:47:24 -0400

1 hour ago If only prospective employers sought you out as aggressively as some career sites do. You could just sit back and wait for your dream job to show up on a Super Bowl commercial or banner ad. With so many websites vying for job seekers' attention, it's easy to while away precious hours trying them all. Instead, pick your spots. Experts suggest spending most of your time ...

Goodwill Industries lands $1 million to help inmates find jobs

Wed, 19 Jun 2013 16:41:07 -0400

Goodwill Industries Inc. in St. Paul has received more than $1 million from the U.S. Labor Department, part of $20 million in grants to help adult inmates enter the workforce. The federal initiative funds nonprofits nationwide that provide training, education and support for adult inmates in work-release programs. Voluntary work-release programs set up soon-to-be-released inmates with training ...

Bernanke says Fed aiming for reduced purchases

Wed, 19 Jun 2013 16:28:24 -0400

Ben Bernanke said Wednesday the central bank could begin to slow down its asset purchasing program by the end of 2013. The U.S. Federal Reserve said Wednesday it would maintain its $85 billion per month asset purchases for now. But in a press conference, Bernanke said the bank could slow down the $85 billion per month program before the end of the year, The Wall Street Journal reported. The Fed ...

Commerzbank confirms to axe over 5000 jobs

Wed, 19 Jun 2013 15:57:23 -0400

FRANKFURT (AFP) - Management and employees' representatives at Commerzbank, Germany's second-biggest bank, reached agreement Wednesday on cutting over 5,000 jobs during the next three years."Together with the employees' representatives we have found a way to achieve considerable cost reductions, on the one hand, and to secure our competitiveness and earnings power through ...

UAE jobs initiative spreads message

Wed, 19 Jun 2013 15:57:12 -0400

ABU DHABI // More companies have learnt about the benefits of an initiative that aims to create thousands of new jobs for Emiratis over the next five years. The Abu Dhabi General Services Company (Musanada) organised an introductory meeting for its consultants, contractors and vendors yesterday to introduce them to the Absher initiative. "National jobseekers can take advantage of training ...

Tight budgets threaten health jobs

Wed, 19 Jun 2013 13:30:12 -0400

Auckland health workers face the prospect of job losses as district health boards grapple with a tightening supply of money from the Government. Leaders of the Waitemata and Auckland District Health Boards are openly talking of the possibility of cutting jobs, although not as their main way of making Government funding stretch to cover growing demand for health services. Waitemata's increase in ...

Wisconsin ranked in top 5 states for medical imaging jobs

Wed, 19 Jun 2013 12:20:31 -0400

Wisconsin is one of the top five states for direct jobs in the medical imaging industry, with an estimated 6,920 people employed in the manufacturing, selling and servicing of computed tomography, magnetic resonance imaging and other equipment, according to a new study from the Medical Imaging & Technology Alliance. The study, based on 2011 data, was done for the trade group by Charles River ...

Amazon May Bring 3000 Jobs to Florida

Wed, 19 Jun 2013 12:19:39 -0400

Amazon has a saying it teaches all its new employees: Work hard. Have fun. Make history. But working hard at one of the retail giant's "fulfillment centers" isn't always all that fun, according to news reports. It can be physically grueling and mentally stressful. Some warehouses don't have air-conditioning. Several reports have described them as sweatshops. State and ...

Live poultry trade resumes across city

Wed, 19 Jun 2013 12:18:49 -0400

The city's live poultry markets began to reopen Thursday, though the local government will sharply limit the trade in the wake of the H7N9 bird flu outbreak earlier this year, local media reported. The government plans to only allow the trade to grow to roughly half of its size before the outbreak due to concerns about sanitation and disease.Two wholesale markets and six retail markets have ...

Tests Surveys Pending as Services Study Jobs for Women

Wed, 19 Jun 2013 12:16:21 -0400

By Karen ParrishAmerican Forces Press Service WASHINGTON, June 19, 2013 With proxy tests and surveys, consultations and validations, the nation's military services and U.S. Special Operations Command are preparing to map the path -- and the obstacles -- to opening jobs for women, officials said here yesterday. "The department's goal is to ensure that the mission is met with ...

West Virginia Democrat Signs On As The 52nd Sponsor Of The Employment Non-Discrimination Act

Wed, 19 Jun 2013 12:12:23 -0400

51st co-sponsor of ENDA. With the bill’s original sponsor Jeff Merkley (D-OR), that leaves just four Democrats in the senate who have yet to embrace one of the most crucial pieces of legislation aimed at protecting the country’s LGBT community from discrimination in the workplace. Rockefeller, ...

Steve Jobs expected to be forgotten by history

Wed, 19 Jun 2013 11:57:38 -0400

(Credit: Screenshot by Eric Mack/CNET) In 1994, while at Next, Steve Jobs gave a 20-minute interview to the Silicon Valley Historical Association (SVHA) in which he spoke about his legacy. Interestingly, at that point, he expected that he and his accomplishments would be more or less forgotten within a few decades. A clip from that interview has just been posted to YouTube for the first ...

Excerpts Egypt risks 30 June protest violence. 3000 jobs in Saudi

Wed, 19 Jun 2013 11:43:41 -0400

Excerpts: Egypt risks 30 June protest violence. 3,000 jobs in Saudi for Egyptians. Russia urges softening Iran sanctions. Fiji offers 500+troops for Golan June 19, 2013 +++SOURCE: Fox News 19 ...

UPDATE 1-Commerzbank to cut around 5200 jobs

Wed, 19 Jun 2013 11:31:37 -0400

Wed Jun 19, 2013 11:31am EDT * Commerzbank to cut 12 percent of staff * Around 3,900 cuts come from German operations * Overall cuts to eliminate 5,200 jobs FRANKFURT, June 19 (Reuters) - Germany's second-largest lender Commerzbank said on Wednesday it will cut 5,200 jobs, about 12 percent of its 45,000 full-time staff, adding to job-shedding by banks across Europe. Banks including Lloyds, ...

Commerzbank to cut 5200 jobs

Wed, 19 Jun 2013 11:09:38 -0400

FRANKFURT, June 19 | Wed Jun 19, 2013 11:09am EDT FRANKFURT, June 19 (Reuters) - Commerzbank is to cut around 5,200 jobs, or 11 percent of its 48,000 staff, Germany's second-largest lender said on Wednesday. The job cuts will fall mainly on the bank's domestic operations including at its retail banking unit, Commerzbank said. Commerzbank has said 2013 will be a year of ...

REFILE-UPDATE 1-IMF says Spain making progress warns on jobs and banks

Wed, 19 Jun 2013 10:15:47 -0400

Wed Jun 19, 2013 10:15am EDT * Fund says Spain has done well on reforms, economic imbalances easing * Needs to do more on job creation; banks still fragile * Says Europe could help by pressing ahead with banking union By Julien Toyer MADRID, June 19 (Reuters) - Spain has made strong progress in fixing its economy but needs to do more to put millions back to work and shield its fragile banks from ...

Miss Algeria contest resumes after 10 years

Wed, 19 Jun 2013 09:55:28 -0400

ALGIERS: After an absence of 10 years, the Miss Algeria beauty contest is to resume on Friday in the western city of Oran, organisers said.A total of 20 women aged between 18 and 26 have been carefully selected from Algeria's main cities to line up for the beauty pageant, co-organiser and jury member Hamza Ameziane ...

Rajoy says to trim Spains bureaucracy but coy on jobs savings

Wed, 19 Jun 2013 09:51:04 -0400

MADRID (Reuters) - Spain will cut red tape and shut down redundant institutions in an overhaul of state bureaucracy, Prime Minister Mariano Rajoy said on Wednesday, putting no figure on potential savings or job ...

Gallery 10 worst-paying jobs

Wed, 19 Jun 2013 09:47:12 -0400

If you’re young and hoping to work your way up into a high-paid position, here are 10 jobs you’ll probably want to avoid. People in these jobs work at the bottom strata of the labour market, according to the latest survey by the U.S. Bureau of Labor Statistics' Occupational Employment and Wage ...

ANZ Bank jobs to be slashed

Wed, 19 Jun 2013 09:40:55 -0400

ANZ is planning to sack 590 call centre staff in Victoria and send the jobs to the Philippines and New Zealand, a secret internal document ...

Do Unpaid Internships Lead to Jobs Not For College Students

Wed, 19 Jun 2013 09:38:20 -0400

The common defense of the unpaid internship is that, even if the role doesn't exactly pay, it will pay off eventually in the form of a job. Turns out, the data suggests that defense is wrong, at least when it comes to college ...

How to Maximize Your Work Productivity on the Road

Wed, 19 Jun 2013 09:36:14 -0400

CIO - A new role that requires traveling takes some getting used to, especially if you rarely leave the office. It suddenly becomes critical to squeeze in that bit of extra work while waiting for an airport transfer, relaxing at the hotel in the evenings, shuffling between meetings or even when waiting for clients to show up for those meetings. With this in mind, here are several pointers to ...

For Many Filipinos Jobs and the Good Life Are Still Scarce

Wed, 19 Jun 2013 08:53:02 -0400

But Mr. Tagarro's experience -- of being left behind by the country's newfound prosperity -- mirrors that of many Filipinos, according to the latest government poverty and employment ...

Commerzbank to cut around 3000 jobs by 2016 trade union

Wed, 19 Jun 2013 08:32:05 -0400

The trade union was negotiating job cuts in Germany. The 3,000 cuts do not include staff reductions at Hypothekenbank Frankfurt, a unit formerly known as ...

What Should Reform Conservatives Say And Do About Jobs

Wed, 19 Jun 2013 07:41:42 -0400

our reform conservative agendas . I'll let Ross respond for himself if he wants to but I'll say a few words for myself. I want to highlight that I think his point is very fair and very ...

Jobs boost for Larne and Dublin

Wed, 19 Jun 2013 07:38:20 -0400

A Japanese global healthcare company is creating 416 jobs in Northern Ireland.Terumo BCT manufactures products used in the treatment and transfusion of blood at its plant in Larne, Co Antrim. It will expand into research and development (R&D) there for the first time.Japanese prime minister Shinzo Abe hailed Northern Ireland as a "treasure trove of challenge, openness and ...

Obama says U.S. EU free trade deal can boost jobs and growth

Wed, 19 Jun 2013 07:36:13 -0400

U.S. President Barack Obama speaks next to German Chancellor Angela Merkel during a news conference after their meeting at the Chancellery in Berlin, June 19, 2013. REUTERS/Thomas ...

Iceland resumes fin whale hunting after two-year break

Wed, 19 Jun 2013 07:23:02 -0400

Undercover photograph provided by Greenpeace on 19 June 2013 of the first fin whale catch of the 2013 season by Icelandic whaling vessel Hvalur 8. Photograph: ...

Terumo BCT to create 416 new jobs in Co Antrim

Wed, 19 Jun 2013 06:42:21 -0400

A Japanese global healthcare company is to create 416 new jobs in Northern Ireland. Terumo BCT manufactures products used in the treatment and transfusion of blood at its plant in Larne, Co Antrim. It is now set to expand into research and development there for the first ...

Why Do U.S. Workers Hate Their Jobs

Wed, 19 Jun 2013 06:42:00 -0400

June 19, 2013 Seven out of 10 workers have ';checked out'; at work or are ';actively disengaged,'; according to a recent Gallup ...

Japanese healthcare firm creates 416 jobs in Larne

Wed, 19 Jun 2013 06:40:29 -0400

Pictured at a reception for Japanese Prime Minister Shinzo Abe in Titanic Belfast this evening are First Minister Peter Robinson and deputy First Minister Martin McGuinness, Minister of Enterprise, Trade and Investment Arlene Foster and Deputy Chief Cabinet Secretary Katsunobu ...

Q113 QES Formal employment struggles to make gains

Wed, 19 Jun 2013 06:18:13 -0400

While treading on the right side of zero, formal non-agricultural employment growth was as pedestrian in Q1:13 as it was in 2012. The first print of 2013 followed suit in posting low gains, particularly in the context of moderating economic growth as well as the muted trends exhibited by overall employment, as gauged in the Quarterly Labour Force Survey (QLFS) (which takes into account both ...

10 Chinese dream jobs

Wed, 19 Jun 2013 05:21:29 -0400

Research firm Universum surveys university students in China each year to see where they most want to work. These are the top 10 dream employers for humanities, liberal arts and education ...

Animal welfare groups condemn Iceland as it resumes whaling

Wed, 19 Jun 2013 04:06:59 -0400

Iceland has resumed fin whale hunting after taking a two year break from the controversial practice due to a collapse in the market. Most of the products from the endangered species reportedly end up as luxury dog food snacks. Animal welfare groups have condemned the ...

Sacramento gains 200 new jobs in mortgage industry

Wed, 19 Jun 2013 03:28:54 -0400

Sacramento is getting 200 new jobs in the mortgage industry, sopping up some of the talent left over from the housing crash.PennyMac Loan Services of Moorpark, in Ventura County, has already hired 40 workers and will ramp up to a total of 200 jobs eventually, the company said Tuesday. Its decision to come to the region was announced by SACTO, the Sacramento Area Commerce and Trade ...

Combat jobs open to women by 16

Wed, 19 Jun 2013 03:23:35 -0400

WASHINGTON – By 2016, women could be permitted to train for most combat roles, including infantry and artillery positions, under detailed plans released by the Pentagon on Tuesday describing how to integrate female troops throughout the armed forces. But military leaders made clear that they will move cautiously as they lift remaining barriers to women in combat and indicated that, after ...

Mass jobs losses as Greek state broadcaster ordered to reopen

Wed, 19 Jun 2013 02:29:43 -0400

Late Monday, a ruling by Greece's highest administrative court, the Council of State, cancelled the June 11 decision of the government to immediately close the Hellenic Broadcasting Corporation (ERT), with the loss of 2,700 jobs.The provisional ruling is an attempt on behalf of the Greek ruling class to manage a crisis that has threatened to spiral out of control. It stated the decree last ...

Amplats Work resumes after sit-in ends

Wed, 19 Jun 2013 02:19:15 -0400

Anglo American Platinum (Amplats) operations across Rustenburg and north of the Pilanesberg had returned to normal after the release of 2 400 trapped miners, the company said yesterday. The miners were kept underground at Thembelani mine by a group of miners on Friday afternoon. They were freed and returned to the surface on Friday evening. Amplats said the sit-in was in protest against the ...

145 500 platinum jobs at risk as costs squeeze profitability

Wed, 19 Jun 2013 02:19:13 -0400

Producers are struggling with higher costs as demand wanes, prompting companies including Anglo American Platinum (Amplats), to consider cutting back ...

Union wants Holden to build Captiva in Elizabeth to safeguard jobs

Wed, 19 Jun 2013 01:22:00 -0400

BUILDING Holden Captivas in Elizabeth instead of South Korea is among union suggestions to safeguard northern suburbs manufacturing jobs. Australian Workers' Union state secretary John Camillo said Holden sold about 14,000 Captivas in Australia each year and moving production of the 4WD to Elizabeth might help make the factory more sustainable. Holden has started talks with the union about ...

More choose to buy into jobs

Wed, 19 Jun 2013 00:57:00 -0400

At a time when workers want greater balance between work and personal lives, some professionals find their perfect job by buying into it. Even in a rocky economy, the timing can be right to buy a business, invest in a franchise or start a company from scratch, experts say, especially for those who have built experience and financial resources working for others and can make the ...

Djibouti Djibouti United Nations Sign Project Agreements for Development Employment

Wed, 19 Jun 2013 00:51:16 -0400

Djiboutian Secretary of State for National Solidarity Zahra Youssouf Kayad signed two project agreements worth $692,000 (125 million francs) with United Nations Development Programme (UNDP) Resident Representative Hodan Haji-Mohamud Monday (June 17th), the Djiboutian Information Agency reported. The first project will evaluate Djibouti's National Initiative for Social Development (INDS). ...

Stein-Mart Resumes Quarterly Dividend Payments

Wed, 19 Jun 2013 00:19:59 -0400

Stein Mart Inc. said Tuesday it will resume paying a quarterly dividend, based on its increased confidence in its ability to generate free cash flow. The discount retailer, based in Jacksonville, sells clothes, home decor and other items at its estimated 262 stores nationwide, including one in Lakeland. Stein Mart decided in 2008 to suspend its quarterly dividend and slow its store expansions to ...

Steve Jobs draft email plays pivotal role in antitrust case

Wed, 19 Jun 2013 00:07:30 -0400

IDG News Service - An email composed, but never sent, by former Apple CEO Steve Jobs may prove instrumental in the Justice Department's case that Apple, along with the five largest book publishers, colluded to fix prices for electronic books. In a draft email intended for Apple Senior Vice President Eddy Cue about negotiations with one publisher, ...

California senators want more information on oil well acid jobs

Tue, 18 Jun 2013 23:51:21 -0400

SACRAMENTO, California (Reuters) - California state legislators on Tuesday told regulators and oil industry lobbyists they wanted more information about the use of acid to increase flows in wells in a technique that is used more often in the state than the controversial fracking ...

Economics Daily Digest The hunt for good jobs continues

Tue, 18 Jun 2013 23:49:58 -0400

Click here to receive the Daily Digest via email. "This was really eye-opening for me": Fed's Raskin Shocked at Low Quality of Work at Local Job Fair ...

Bellone tweaks plan to merge Suffolk comptroller treasurer jobs

Tue, 18 Jun 2013 22:02:20 -0400

Photo credit: Newsday / Ed Betz | Suffolk County Executive Steve Bellone talks about the county's budget problems and solutions during a press conference in Hauppauge. (April 2, ...

Chinese Billionaire Qiu Guanghes Retailer Semir To Buy Menswear Brand Stock Resumes Trade Today

Tue, 18 Jun 2013 21:57:21 -0400

Zhejiang Semir Garment, the Chinese youth apparel chain controlled by billionaire Qiu Guanghe, plans to acquire a domestic men's fashion chain in order to expand its product line. Semir will pay up to between 1.98 billion yuan, or $325 million, and 2.26 billion yuan for 71% of Ningbo Zhongzhe Mushang, which specializes in mid- to upper-end men's leisurewear, according to a prelimary ...

Education Chief Lets States Delay Use of Tests in Decisions About Teachers’ Jobs

Tue, 18 Jun 2013 21:40:47 -0400

Acknowledging that the nation's educators face large challenges in preparing students for more rigorous academic standards and tests, Arne Duncan, the secretary of education, told state education officials on Tuesday that they could postpone making career decisions about teachers based on performance evaluations tied to new ...

Kanesatake chiefs fight for jobs after non-confidence vote

Tue, 18 Jun 2013 21:35:57 -0400

MONTREAL -- Four of seven chiefs in the Kanesatake First Nation are fighting for their jobs after being booted out of office by a non-confidence vote Saturday.The vote came after a months-long stalemate on band council that nearly forced the federal government to take control of basic services on the Mohawk territory -- which has a history of political tension dating back to the 1990 Oka ...