Archive for September 2nd, 2010

Rosenberg says "ISM Flunks Sniff Test "; Cashin calls ISM "an Outlier"; ADP, Other Data Does Not Confirm

Posted on September 2nd, 2010 in Uncategorized | Comments Off

When futures ramped into the close on Tuesday, with heavier volume, I had an inkling the ISM number would be hot Wednesday morning. Indeed, that was the case. However, a hot manufacturing ISM makes little sense (not that any economic numbers have to make sense except perhaps in the long haul). One thing that struck me right off the bat was how the monthly ADP jobs report does not confirm the ISM number. Nor do the regional Fed reports that I have been following, especially the Philly Fed …

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Rosenberg says "ISM Flunks Sniff Test "; Cashin calls ISM "an Outlier"; ADP, Other Data Does Not Confirm

GettingHired.com Bolsters Service Offerings for Employers

Posted on September 2nd, 2010 in Unemployment News | Comments Off

(From PRNewswire) — GettingHired.com, the nation’s largest disability employment portal, announced the signing of an exclusive agreement with HirePotential, Inc. to provide specialized training to major employers related to disability employment readiness. The series of courses, including specialized training on The Accommodation Process, Disability Etiquette Training, OFCCP Compliance, Disability Awareness Training for Recruiters and Hiring Managers as well as Tax Credit Utilization, will allow employers to be better prepared to take full advantage of hiring talented people with disabilities.

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Taleo to Acquire Learn.com

Posted on September 2nd, 2010 in Uncategorized | Comments Off

(From Marketwire) — Taleo Corporation, the leading provider of on-demand talent management solutions, today announced it has signed a definitive agreement to acquire strategic partner Learn.com, Inc. for approximately $125 million in cash. With the acquisition, Taleo will extend its Talent Management suite, becoming the only public vendor to offer best-in-class solutions across the four critical components of a talent-optimized organization: recruiting management to source, assess and acquire talent; performance management to establish goals and create career and succession plans; compensation management to establish a true “pay-for-performance” process between corporate objectives and individuals’ contributions; and now learning management to support social and formal development. Learn.com is a leading next generation provider of SaaS learning management solutions, a market estimated to be $1 billion in 2011 according to Bersin & Associates. Its software enables businesses to more seamlessly develop, deliver and manage education and training to help employees, customers and partners reach their full potential. Learn.com’s social learning and web conferencing features also enable companies to build collaborative learning and knowledge sharing solutions, which are among the fastest growing applications in employee development today. Read more.

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Taleo to Acquire Learn.com

Boeing 787 Training Takes Virtual Path

Posted on September 2nd, 2010 in Uncategorized | Comments Off

(From The Wall Street Journal) — Mechanics going through Boeing Co.’s 25-day training course for its coming 787 Dreamliner learn to fix all kinds of problems, from broken lights in the cabin to major glitches with its flight controls. One thing they won’t soon do: touch one of the planes. Using both laptop and desktop computers inside a classroom festooned with huge wall-mounted diagrams, airline mechanics will train on a system that displays an interactive 787 cockpit, as well as a 3-D exterior of the plane. Using a mouse, the mechanics can “walk” around the jet, open virtual maintenance access panels and go inside the plane to repair and replace parts. Like most new jetliners, the Dreamliner is an electronic tour de force, with computer networking cards as likely to need troubleshooting as mechanical parts. Boeing has made the training for the much-delayed jet as virtual as its first deliveries, now scheduled for sometime in the first quarter of 2011. At the end of the course, the mechanics get all training materials on a tiny memory stick. Once they are in the field staring up at an actual Dreamliner, they will also use laptop PCs to diagnose and solve real problems with the planes, Boeing says. Read more.

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Boeing 787 Training Takes Virtual Path

Nigerian scam tops list of decade’s online cons – CNET

Posted on September 2nd, 2010 in Uncategorized | Comments Off

Ars Technica Nigerian scam tops list of decade's online cons CNET Job offers: You get a job offer from a foreign company where you can work from home and earn thousands of dollars by putting in just a few hours each day. … Nigerian (419) scam is the most widespread online scam of the last ten years NgEX Drumroll, please: the top Web scams of the decade Ars Technica Panda Security Uncovers Top Web Scams of the Decade PR Newswire (press release) all 14 news articles

PBC Rocket Docket 101 – Judges Against the Backlog Unite …

Posted on September 2nd, 2010 in Fraud, Scams | Comments Off

Filed under Corruption, Fannie Mae, Foreclosure Fraud, MERS, Mortgage Fraud, bankruptcy, cdo, cds, foreclosure, freddie mac, mortgage electronic registration system, securities fraud · Tagged with bankruptcy, criminal, theft, conspiracy, …. Unless a true copy of the note was attached to the pleadings, AND defendant admitted same in their answer, suddenly producing a new or diffrent one at the SJ hearing is inexcusable. A new level of scam and crime “surprise by note”. …

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PBC Rocket Docket 101 – Judges Against the Backlog Unite …

State Tax Revenues Slowly Rebound … But

Posted on September 2nd, 2010 in Uncategorized | Comments Off

The Nelson Rockefeller Institute reports State Tax Revenues Are Slowly Rebounding. However, as always, the devil is in the details. Let’s take a look. Preliminary tax collection data for the April-June quarter of 2010 show improvement in overall state tax collections as well as for personal income tax and sales tax revenue. However, revenue collections remain significantly below peak levels and are still weak in a number of states. The Rockefeller Institute’s compilation of data from 47 …

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State Tax Revenues Slowly Rebound … But

Dell walks away from 3Par bidding battle

Posted on September 2nd, 2010 in Economy | Comments Off

Hewlett-Packard appeared to have won the bidding battle for data storage technology company 3Par after Dell said on Thursday it would not raise its offer and was ending talks

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Dell walks away from 3Par bidding battle

Former MSU star’s strange alleged scam – ESPN (blog)

Posted on September 2nd, 2010 in Work From Home Scams | Comments Off

Former MSU star's strange alleged scam ESPN (blog) This seems like a profoundly strange Internet scam . I mean, at what point do the home inspectors, the people who believe they've been certified by your …

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Former MSU star’s strange alleged scam – ESPN (blog)

Avis raises stakes in bid for Dollar Thrifty

Posted on September 2nd, 2010 in Economy | Comments Off

Avis Budget has raised the cash portion of its hostile bid for Dollar Thrifty, intensifying its onslaught against an agreed offer by Hertz for the Oklahoma-based car-rental operator

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Avis raises stakes in bid for Dollar Thrifty

CD&R set to buy Univar stake

Posted on September 2nd, 2010 in Economy | Comments Off

US private equity group, is to announce that it has agreed to acquire a 42.5 per cent stake in Univar, the chemicals distribution group, in a deal valuing the company at $4.2bn

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CD&R set to buy Univar stake

Blog Watch: Naked Shorting Will Cause US Exchange Exodus – Benzinga

Posted on September 2nd, 2010 in Wall Street Scams | Comments Off

Blog Watch: Naked Shorting Will Cause US Exchange Exodus Benzinga Forbes writer Elizabeth Moyer and Euromoney magazine's Helen Avery covered the scandal for the financial media, but the Wall Street controlled corporate … and more

Fuld Goes on the Offensive – New York Times (blog)

Posted on September 2nd, 2010 in Wall Street Scams | Comments Off

Moneycontrol.com Fuld Goes on the Offensive New York Times (blog) If it was not management's fault that investors lost money — but instead, the federal government and Wall Street's rumor-mongers were to blame — then the … Lehman Brothers CEO Blames Us for Bankruptcy. What is Capitalism Without Self … Wall St. Cheat Sheet (blog) all 1,385 news articles

As US “economic recovery” collapses, White House rules out social relief – Center for Research on Globalization

Posted on September 2nd, 2010 in Wall Street Scams | Comments Off

As US “economic recovery” collapses, White House rules out social relief Center for Research on Globalization Two years after the eruption of the financial crisis, precipitated by the recklessness and criminality of Wall Street , the chasm separating the financial … and more

Panda Security Uncovers Top Web Scams of the Decade – PR Newswire (press release)

Posted on September 2nd, 2010 in Scams, Work From Home Scams | Comments Off

Panda Security Uncovers Top Web Scams of the Decade PR Newswire (press release) The work is easy, they can do it from home and earn up to $3000 working just three or four hours a day. If victims accept the offer, they'll be asked for … and more

Pakistan match-fixing row rocks village where Mohammad Amir grew up but they … – Mirror.co.uk

Posted on September 2nd, 2010 in Work From Home Scams | Comments Off

Telegraph.co.uk Pakistan match-fixing row rocks village where Mohammad Amir grew up but they … Mirror.co.uk But today his friends and old neighbours are trying to make sense of his involvement in the betting scam at Lord's that has rocked cricket. … Cheating? To be fair, it is cricket Spiked Brother Ashraf says Amir should be punihsed if found guilty Mid-Day Cricket betting scandal: three reportedly questioned over multimillion-pound … Sydney Morning Herald Otago Daily Times

Foreclosures can make you sick, report says – San Francisco Chronicle

Posted on September 2nd, 2010 in Work From Home Scams | Comments Off

Foreclosures can make you sick, report says San Francisco Chronicle As Dianne Huntsberry was losing her home last year, the result of a financing scam , she also wound up in the hospital – twice – for what seemed like heart … and more

On East Side, Carolyn Maloney Has Challenger – Gay City News

Posted on September 2nd, 2010 in Wall Street Scams | Comments Off

On East Side, Carolyn Maloney Has Challenger Gay City News Now, Reshma Saujani, Ivy League-educated, Wall Street -trained, and 30 years Maloney's junior, has launched an effort of her own to transform the 14th … and more

Better Business: Work-at-home scams proliferate – Memphis Commercial Appeal

Posted on September 2nd, 2010 in Scams, Work From Home Scams | Comments Off

Better Business: Work -at- home scams proliferate Memphis Commercial Appeal While many people run successful businesses out of their homes, many others lose large sums of money through work -at- home scams . Some of these scams , …

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Better Business: Work-at-home scams proliferate – Memphis Commercial Appeal

Attorney General Candidates Struggle to Break Away From the Pack – Gotham Gazette

Posted on September 2nd, 2010 in Wall Street Scams | Comments Off

Gotham Gazette Attorney General Candidates Struggle to Break Away From the Pack Gotham Gazette Dinallo worked with Spitzer on policing Wall Street and helped apply the Martin Act, a law that allowed Spitzer and his office unparalleled power to police … and more

Gallup Poll Shows Consumer Spending Pullback, Consumer Confidence Levels Below Depressed 2009 Levels ; Back-to-School Sales Bust Says WSJ

Posted on September 2nd, 2010 in Economy | Comments Off

Spending is up a tad from depressed 2009 levels but still way below 2008 levels. Looking ahead year-over-year comparisons will be much more difficult and weak sales will continue to impact state budgets. A recent Gallup Poll shows U.S. Consumers Pulling Back on Spending in August Americans’ self-reported spending in stores, restaurants, gas stations, and online averaged $61 per day during the week ending Aug. 29. So far, August and back-to-school 2010 spending trends appear no better than …

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Gallup Poll Shows Consumer Spending Pullback, Consumer Confidence Levels Below Depressed 2009 Levels ; Back-to-School Sales Bust Says WSJ

Apple raises stakes in TV battle

Posted on September 2nd, 2010 in Economy | Comments Off

The digital entertainment company made its most serious bid yet for the internet-connected television market, slashing the price and size of its AppleTV product by more than half

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Apple raises stakes in TV battle