Ebay has prevailed in a bitterly contested lawsuit against Craigslist, the online classifieds site in which the auction group owns a significant stake
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Ebay wins lawsuit against Craigslist
AIA, which is the only foreign company to own its Chinese operating licence outright, already has 17 smaller bancassurance arrangements in China
(From Canadian HR Reporter) — A majority of companies in Canada and around the world are having difficulty attracting the critical-skill and talented employees needed to help them rebound and prosper in the wake of the economic crisis, according to a new report from Towers Watson. Global Talent Management and Rewards Survey found 61 per cent of Canadian companies are having problems attracting critical-skill employees. The survey of 1,176 companies globally, including 155 from Canada, found this is a common problem for employers around the world with 65 per cent of all companies surveyed reporting the same difficulty. “Although the Canadian economy has been stronger than that of some countries in the survey, the business climate has still impacted the supply and demand of talent, and companies’ ability to attract and hire talented employees,” said Ofelia Isabel, the Canadian leader for rewards, talent and communication consulting at Towers Watson. Also, 57 per cent of Canadian companies (61 per cent globally) reported similar difficulty attracting top-performing employees. However, Canadian companies are doing a better job retaining employees with just 12 per cent of them reporting difficulty holding onto employees compared to 21 per cent globally. Read more.
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Canada: Attracting talent a concern for employers
(From Business Wire) — Integrated Project Management Company, Inc. (IPM) today announced that it was named to the “7th Annual Great Place to Work
(From the CSR Blog) — How does a company that serves 56 million customers a day across 118 countries become a leader in diversity hiring and retention? According to the inclusion and diversity team at McDonald’s, it takes a combination of knowing how to leverage a multicultural customer base, a C-suite-led commitment to talent management, and academic-style learning labs. At an event at McDonald’s Hamburger University in Chicago last week, the diversity team explained how the company’s emphasis on diversity is boosting McDonald’s long term sustainability. The event was led by Global Chief Diversity Officer Pat Harris, who recently authored a book called None of Us Is as Good As All of Us: How McDonald’s Prospers by Embracing Inclusion and Diversity. McDonald’s has had its share of challenges in recent years, including constant attacks against its high-calorie menu. Eric Schlosser’s 2001 book Fast Food Nation and Morgan Spurlock’s 2004 movie Supersize Me added to a growing debate on the role of fast food chains like McDonald’s in America’s obesity epidemic. These public outcries invited scrutiny of internal practices and a company culture that fails to focus on nutrition and safety issues, according to critics. Meantime, McDonald’s has struggled to attract credentialed talent. Under intense scrutiny, the company initiated a complete cultural change. Diversity officer Pat Harris was an integral part of the effort. Hamburger University, almost 50 years old, started a
(From PRWEB) — Hays Senior Finance reports that while multi-millions of pounds are spent on coaching across the UK, 15% of organisations admit they have absolutely no measurements in place to assess the impact of their programmes. A new survey from Hays Senior Finance, working with expert coach/ mentors LeaderShape, shows that coaching is often undertaken without evaluating the return on investment. The survey also shows that 68% of businesses fail to use coaching directly to address corporate objectives and outcomes are often simply referenced at a personal level. According to the data, the majority of coach-mentoring programmes are for individuals, with 72% deployed to develop individual talents or address personal worries. Chris McCarthy, director at Hays Senior Finance, said: “In far too many cases companies are leaving it to individuals to set the framework for their own coaching or mentoring – with little or no reference to business needs. They then fail to check the standards of their programmes and show little concern for the outcomes. Support can be extremely effective when a professional starts a new role, but it is essential it is carried out in the right manner by people who understand the specific needs of these individuals.” The survey showed that if a senior finance professional leaves within three months of starting a new role not only is there a financial cost, but it dampens staff morale. The vast majority of respondents (96%) agreed that these appointments would benefit from confidential support during this period. Read more.
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UK: Millions Being Spent On Coaching Without a Business Purpose
Goldman Remains Wall Street's Holy Grail TheStreet.com The survey, conducted from April through June (while Goldman was still fighting a civil fraud case brought by the Securities and Exchange Commission), … and more
In our summer 2010 issue, Marnie Green, principle consultant of the Management Education Group, wrote about the growing trends that are changing the public workforce and dictating not only who we hire, but how we work. These four trends are: 1.
History shows that whatever Goldman is peddling in a big way to cities, counties, or retail investors, be it interest rate swaps or derivatives, or advice, those investors would be better off not taking it. With that in mind, please consider Goldman in Bond Deal Goldman Sachs Group Inc. is about to start selling municipal bonds directly to mom and pop. The New York company plans to enter a partnership this week with Chicago securities firm Incapital LLC to sell bonds issued by U.S. …
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Goldman Marks Top in Municipal Bond Market?
The US bookseller hits back at attempts by Ron Burkle to turn a battle over board seats at the retailer into a referendum on the record of its founder, Leonard Riggio
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Barnes & Noble in fresh spat with Burkle
Apple’s decision to disclose the ground rules for when it will accept or reject applications is widely welcomed, in spite of the vagueness of some of the wording in its new guidelines
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Developers cheer Apple’s apps watershed
As the PC market shows signs of a weaker second half than expected, there are signs that tablet computers are eating into laptop sales
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Tablets start to bite into laptop market
The internal company report into the causes of the Gulf of Mexico oil spill is leading small companies to question their future in the area, and rivals are studying its recommendations
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BP report forces oil majors to reassess guidelines
Weekly Claims fell this week to 451,000 but that number is still consistent with an economy losing jobs. Please consider the Unemployment Weekly Claims Report for September 9, 2010. In the week ending Sept. 4, the advance figure for seasonally adjusted initial claims was 451,000, a decrease of 27,000 from the previous week’s revised figure of 478,000. The 4-week moving average was 477,750, a decrease of 9,250 from the previous week’s revised average of 487,000.Unemployment Claims The …
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Weekly Claims Drop to 451,000, 4-Week Moving Average at 478,000; Where to From Here?
Reuters Attorney general candidate a former Spitzer no2 Reuters When he worked for Spitzer, Dinallo said, federal regulators were inattentive and missed monumental Wall Street fraud , leaving room for the state attorney … Factbox: Eric Dinallo, candidate for New York attorney general Reuters Candidates for NY AG Eye Wall Street Measures Long Island Press all 38 news articles
Having seen its reputation battered in recent months by a series of controversies, Goldman was understandably keen to limit any public relations damage while drawing a line under the UK investigation
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Goldman swallows £17.5m of humble pie
Telegraph.co.uk Goldman Sachs £17.5m fine is a 'drop in a bucket' BBC News Wall Street giant Goldman Sachs has been fined £17.5m ($27m) by the UK's City regulator, the Financial Services Authority. The fine is for failing to tell … FSA fines Wall Street giant Goldman Sachs High In The Air (blog) Goldman Sachs fined £17.5 mln by FSA AFP UK FSA Fines Goldman GBP17.5M For Not Disclosing On Tourre Wall Street Journal AOL News
CBS News Scammers Zeroing In on Job Seekers CBS News It is, she says, a new twist on the typical work-from-home scam . They try to woo you in with the work-from-home ploy and then links pop up that can lead to … and more
CBS News Citibank: Will Anyone Hold Rubin And Prince Accountable? AlterNet (blog) The bill allowed ordinary, boring banks to get into high-flying Wall Street securities trading, and was directly lobbied for by Citibank, which needed the … SEC-Citi Settlement Under Scrutiny Zacks.com all 150 news articles
Some of the world’s biggest private equity groups, including KKR and TPG, are working on potential bids for Foster’s wine assets after the Australian company rejected a A$2.7bn offer from Cerberus
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Private equity groups target Foster’s wine
A foray by Yahoo’s Hong Kong unit into the mainland Chinese market triggers a quarrel between Alibaba, the Chinese e-commerce group that owns Yahoo China, and Yahoo Inc, one of its major shareholders
It is quite clear the US economy is sliding back towards recession, if not still in it. The average consumer understands that, yet the average economist doesn’t. How is it that the average consumer has a better grip on the economy that the average economist? Regardless of the answer, here are some interesting survey results from Americans Fear “Double Dip” Recession & European Financial Problems. 92% say the US is still in recession65% fear a ‘double dip’ recession57% are …
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65% Fear Double-Dip, 71% Say US is Fundamentally Broken, Net 32% Expect to Reduce Spending
Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis. Powered by ScribeFire. [Translate]. Share/Bookmark. About Chad T. Everson. Come On Home America! …
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Shocking Video | Big Biz Bolshevik