Technology group’s decision to appoint Sean Maloney as chairman of its China operations mirrors moves by other multinationals to put more focus on the country
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Intel joins Beijing push with executive move
The editor-in-chief of Handelsblatt, a leading German business newspaper, published a Letter to Georgios Papandreou, Prime Minister of Greece, called “There is a life after death” Here are a few excerpts… Dear Mr. Papandreou, With the greatest respect, the Western world is monitoring your efforts to master your country’s debt crisis. No other democratic country has ever managed anything like that in peacetime. You are shrinking the state apparatus; you are fighting corruption; …
(From ABC News) — Brian Williams has dreamed of working in the solar field ever since he first heard about it in the 1970s. So when a new green job training program arrived in his hometown of Ocala, Fla., Williams, now 53, signed up immediately. The program – one of many around the country — is funded by the American Recovery and Reinvestment Act and geared toward helping unemployed workers, low-income individuals, high school dropouts or people with criminal records. When he joined one year ago, Williams was unemployed. During his training at Workforce Connection, a non-profit organization in Ocala, he learned basic skills, such as job interviewing, and more advanced ones, such as solar installation. And while he’s no longer unemployed – he runs an auto repair shop at his house – he couldn’t find a job in the green field since graduating from the program in February. Not only were there very few green jobs available in Ocala, the companies he did apply to didn’t end up hiring him. “Given the economy, I really wasn’t surprised,” he told ABCNews.com. “I didn’t really expect to necessarily get hired right away, but I would’ve liked to.” Read more .
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Work Scarce for Green Job Training Grads
The US group expects revenue from its Brazilian operations to surge 80% as the government invests heavily in the sector, making the country one of its promising markets
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Google plans to tap Brazil’s fertile market
Kohlberg Kravis Roberts has sealed Vietnam’s largest private equity deal with a $159m agreement for a 10 % stake in Masan Consumer, the country’s biggest producer of fish sauce
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KKR snaps up stake in Vietnamese food unit
German unemployment fell twice as fast as expected in March, by a seasonally adjusted figure of 55,000 to 3.005m, confirming the recovery of the country’s jobs market
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German unemployment falls more than expected
Two of the largest radio station operators in the US are set to combine in a deal that will bring together almost 600 stations in 120 markets across the country
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Cumulus to buy Citadel for $2.5bn
Canada’s decision to purchase 65 fighter aircraft made by Lockheed Martin could end up costing the country about $30bn or almost two-thirds more than the government estimated
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F-35 purchase could prove costly for Canada
Libyan rebels now hold about 80% of the country. France is sending an airlift of medical supplies, including doctors and nurses to aid the rebels. Think anything else might be in those planes? Regardless, Qaddafi is holed up in Tripoli with options growing smaller by the day. The only country that might take him is Venezuela. Why anyone would take him is beyond me. US Secretary of State Hillary Clinton has stepped up the rhetoric as International Pressure on Qaddafi Intensifies.An …
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Clinton Tells Qaddafi "Surrender Now"; More Protests in Yemen, Bahrain, Oman
Libyan rebels now hold about 80% of the country. France is sending an airlift of medical supplies, including doctors and nurses to aid the rebels. Think anything else might be in those planes? Regardless, Qaddafi is holed up in Tripoli with options growing smaller by the day. The only country that might take him is Venezuela. Why anyone would take him is beyond me. US Secretary of State Hillary Clinton has stepped up the rhetoric as International Pressure on Qaddafi Intensifies.An …
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Clinton Tells to Qaddafi "Surrender Now"; More Protests in Yemen, Bahrain, Oman
The online coupon company launched its website in the country, which has triggered curiosity among Chinese rivals and concern it is entering a fiercely competitive market
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Groupon set for Chinese challenge
Sushma, Jaitley on different notes Hindustan Times Referring to home minister P Chidambaram's remark that there was a governance deficit in the country, Jaitley said there was a “trust deficit” between government and people. On the barrage of scams , Jaitley said he had serious reservations about the … and more
After a quick jump from -60 in February 2009 to -26 in June 2009, the Gallup Weekly Confidence Index has been range-bound between -20 and -30 ever since. The confidence index now sits at -26, where it was two years ago. Gallup’s Economic Confidence Index is based on the combined responses to two questions, the first asking Americans to rate economic conditions in this country today, and second, whether they think economic conditions in the country as a whole are getting better or getting …
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Gallup Economic Confidence Index Stuck at -26 Since February 2009
The US online coupon company has joined forces with China’s largest internet company to launch a group buying site in the country
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Groupon and Tencent team up for China site
(From PRWEB) — Schneider Sales Management, a leading provider of sales and service training for financial institutions, announced today that it is launching live, online delivery of its sales training courses. The courses will be delivered online by Schneider’s team of experienced instructors. Learners will be able to enter a virtual classroom to participate, share ideas and discuss best practices with their peers from around the country without having to leave their office or home computer. Three courses for Bank and Credit Union professionals will be available starting Tuesday March 8th: Retail Selling, Referral Selling and Strategic Selling. Course descriptions, a training events calendar and registration can be found on the Schneider Sales Management website . “Too often online training has been limited to having employees reading a computer screen in isolation,” said Thomas Bresnan, President and CEO of Schneider Sales Management. “We believe that sales and service skills are best learned through live, expert-led, interactive sessions. We now have the technology to combine the convenience of online training with the best practices of human support to create an extraordinary learning experience.” Read more .
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Schneider Sales Management Announces Launch of Online, Virtual Classroom Sales Training
Politicians and bankers question the benefits to the country of the proposed marriage between the LSE and TMX Group
INEC Fingers Gov. Akpabio In Voters Card-Buying Scam in Akwa Ibom: Offering … SaharaReporters.com Please try and vote people who will work for you and work for the country honestly. And apparently, the person who wrote that story in Thisday newspaper was … and more
Chattanooga Times Free Press When mercy turns messy Chattanooga Times Free Press The people stirring up investigations into their business are the real scam artists, they say. Town & Country gave them work , a ” home away from home ,” as … and more
While the US is hell-bent on meddling (at tremendous expense) in the affairs of at least 140 countries where its troops are stationed, China seeks to assimilate technology at little expense. The Wall Street Journal puts it much more politely. Please consider U.S. Firms, China Are Locked in Major War Over Technology.China’s bureaucrats have been rolling out an array of interlocking regulations and state spending aimed at making their country a global technology powerhouse by 2020. To hear …
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China’s "Borg Strategy" Seeks to Assimilate all Known Technology; US Seeks to Waste $Trillions More in Afghanistan
Many US citizens have been trapped in Egypt hoping to get to any other country for connecting flights. Unfortunately, flights out of Egypt have ground to a halt. In response, the New York Times reports U.S. to Evacuate AmericansThe Egyptian military reinforced parts of the capital on Sunday with tanks, jets and helicopters as tens of thousands of protesters flooded central Cairo for the sixth day, defying yet again government orders of a nationwide curfew. In a stunning collapse of authority, …
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U.S. to Evacuate Americans From Egypt
Mother Jones reports:In late November, as the Foreclosure-gate scandal spread throughout the country, Rep. Randy Neugebauer (R-Tex.) demanded to know how much.
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Fannie, Freddie Forked Over Nearly $50M In Legal Bills To …
Vacation Rental Scams Hit Ski Towns Vermont Public Radio (Keese) Evritt says people picking up money in this country may also be victims of scams, such as work -at- home schemes. (Evritt) “They believe they've been … and more
A prominent Chinese client’s tirade against the bank on the country’s largest microblogging service has gone viral
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Tirade against M Stanley goes viral in China
Glens Falls Man Charged In Home Repair Scam North Country Gazette … in the last few months for scams involving paving jobs and home repairs where he allegedly takes a down payment and never does the agreed upon work . … and more
The shooting in Tucson at the weekend is an appalling act in its own right but how much worse this crime will be if it deepens the country’s already bitter political divisions
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America reels after atrocity in Arizona
Japan, which spent itself into oblivion fighting deflation (and losing), now needs to raise taxes in the midst of that deflation. Please consider Sengoku Says Japan’s Finances Near ‘Edge of a Cliff’ Japan’s top government spokesman said the country’s fiscal situation is “approaching the edge of a cliff,” underscoring Prime Minister Naoto Kan’s call for a national debate on raising the 5 percent sales tax. Kan is “expressing his deep sense of crisis and resolution about the sustainability …
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Japan’s Finances "Approach Edge of Cliff", Prime Minister Calls For Sales Tax Hike
Private equity firms are losing interest in the country and increasingly looking elsewhere as China becomes a much stronger magnet for their investment
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Private equity investment in Japan under a cloud
Consumer Affairs Top 10 Scams of 2010 Consumer Affairs However, the scam is spreading and has been reported in many areas of the country. The work at home scam is simply the latest “get rich quick” scheme. …
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Top 10 Scams of 2010 – Consumer Affairs
The trend towards dumping public unions continues to escalate in cities across the country. Latest on the list is from Michigan where a board votes to outsource parking operations at Grand Rapids airportAirport leaders unanimously selected a private firm to take over parking operations at Gerald R. Ford International Airport today, despite impassioned pleas by employees who will now have to reapply for their jobs and likely face pay and benefit cuts. The vote to select Chicago-based Standard …
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Grand Rapids Michigan Outsources Airport Parking Operations To Private Firm
Strict environmental controls are costing US manufacturing jobs, according to the head of one of the country’s biggest truckmakers
Cincinnati, like every union-plagued city in the country is having huge budget problems over untenable union wages and pension benefits. Big problems call for big actions. I am pleased to report that several thinking members on the Cincinnati City Council proposed to outsource the entire police department to the local sheriff’s association. Unfortunately, the mayor nixed the idea. The Cincinnati Enquirer reports City-county police merger proposedThree Cincinnati City Council members floated a …
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Cincinnati Threatens to Outsource Entire Police Department
The clandestine behaviour demanded by Chinese military doctrine is at odds with the country’s broader political ambitions – to become a great power
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Carriers back China’s global reach
(From Thailand Business News) Kasikorn Research Centre KRC advises in a new report that the Thai government should further develop the skills of the country’s workers and their productivity so that Thai products can compete more effectively in the global market. The KRC recommendations were made after the National Wage Committee decision Thursday to increase the daily minimum wage by Bt8-17 countrywide effective Jan 1.It said the increase is slightly higher than the inflation rate and is considered “positive news” to workers throughout the country. Read more.
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Skills and productivity of Thai workers should be improved
The acquisition of Wimm-Bill-Dann backs PepsiCo’s drive into the field of nutritional food and drink and would make the country the US beverages group’s top global market
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Russia at the top of PepsiCo’s table
The world’s largest retailer by sales is launching a push to reach lower-income and rural consumers in the country with a new ‘compact hypermarket’ format
The US group receives Chinese government approval to sell its stake in China International Capital Corp, paving its way to set up a fresh venture in the country
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China boost for Morgan Stanley
The ineptitude of Japan’s policies hoping to combat deflation is staggering. Worse yet, unthinking economic parrots talking about the “economic damages of deflation” have no idea what they are even saying. Please consider Japan passes new $61bn stimulus packageJapan’s parliament has passed a stimulus package worth about $61bn (
On December 7, I am doing a webcast for Securities Docket. Sign up here. Financial investigations with high volumes of documentation are difficult, time-consuming, and not always effective. Traditional forensic accounting techniques rely primarily on a manual analysis of the documentation, combined with data entry or other primitive means to capture the numbers. New cutting-edge technology is changing the face of financial investigations, however, allowing a forensic accountant to capture all data, reconcile the data to ensure accuracy, and map out the flow of funds. Indeed, this software is now in use in U.S. Attorney’s offices around the country, helping the government develop its financial fraud investigations. This webcast will explain and demonstrate how the latest technology, combined with the skills of a qualified forensic accountant, can offer lawyers and clients superior results in litigation. Faster, more thorough results provide a litigation advantage, allowing lawyers to plan a strategy sooner and with the best available information. Please join panelist Tracy Coenen of Sequence Inc. Forensic Accounting for a demonstration of how this forensic accounting system works, the types of financial data that can be analyzed, the charts and graphs that help evaluate the data, and a variety of outputs that can help you win your cases. This free webcast is scheduled for Tuesday, December 7, 2010 at 2 p.m. Eastern. To attend, please register here.
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December 7 Webcast: Follow the Money – Using Technology to Find Fraud or Defend Financial Investigations
Defined benefit pension plans are in trouble across the country, but politicians in states like Arizona and Illinois are reluctant to tackle the problem. Voters across the country however, have taken matters into their own hands by refusing to agree to tax hikes and by voting to reduce benefits. In California, voters in eight of nine cities or counties approved measures to reduce public-pension benefits. Moreover, six new governor-elects want to kill defined benefit plans. Finally, the …
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6 New Governors Seek to Kill Defined Benefit Plans; 8 of 9 CA Cities Vote to Reduce Benefits; Fraudulent Promises (and what to do about them)
BusinessWeek Interview with a Vampire Squid BusinessWeek The Good: Though hyperbolic, Taibbi embodies the populist rage against Wall Street and Washington that is sweeping the country. … and more
Leading US retailers reported mixed sales data for October, with analysts saying the sector’s cautious recovery was hit by unseasonably warm autumn weather in many parts of the country
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US retailers report mixed sales
Dr. Jeana Wirtenberg formed the new Transitioning to Green Foundation to inspire hope for the unemployed by creating Transitioning to Green Careers™ – a groundbreaking three-month non-credit certificate and job development program for individuals from all areas of specialization in finding and securing their professional position in the new green economy. H.O.P.E. — Harvesting Opportunities for People and Enterprises in the Green Economy. According to Wirtenberg, “every job can be a green job. Green jobs are emerging in all sectors of the economy. First, in traditional industries such as utilities; second, jobs are being created in new green industries such as energy monitoring by companies. There are green franchise opportunities in cleaning and maintenance. Green restaurants are common in the Northwest and New England and throughout the country. Finally, larger, traditional companies are looking for green product lines and other services to comply with their green supply chain initiatives. Every company has to find a green strategy tied to its business. All jobs will be green jobs,” Wirtenberg said. “That’s the future of business.”
(USA TODAY) Training doctors and nurses to work as teams — using safety techniques borrowed from the aviation industry — cut the death rate from surgery by 18%, a new study shows. Surgical teams in the study, which included 108 hospitals around the country, focused on low-tech techniques, such as holding briefings and debriefings before and after each operation, says study author and former astronaut James Bagian, a professor at the University of Michigan’s medical and engineering schools. Read more.
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Surgery safer with teamwork, training
John Conyers, Marcy Kaptur and Alan Grayson to the inspector general for the Troubled Assets Relief Program (TARP) asking him to conduct an audit of Fannie Mae, Freddie Mac and GMAC, which together control millions of mortgages around the country. … Mortgage Fraud Examiners, the investigative firm who warned the public about the “criminal loan modification trap” and “useless” software audits, is now warning the public of this latest scam —“The Administrative Process” …
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Grijalva Calls for Full Audit of Fannie Mae, Freddie Mac and GMAC …
The problems associated with a clogged foreclosure system continue to mount. Foreclosures in 23 states have been halted by major banks after allegations surfaced of various illegal practices. PBS has a video discussion of some of the issues in ‘Robo-Signing’ Paperwork Breakdown Leaves Many Houses in Foreclosure Limbo Ohio Seeks $25,000 for Every Violation WCPN News reports Ohio AG Sues GMAC Mortgage Over So-Called Robo-SigningsJust about two weeks ago, the country’s fourth largest …
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SEC Failure to Regulate MBS Resulted in "Interconnected Ponzi Scheme with Various Types of Concurrent Fraud"
Hoping to reverse a clear slowing of the Japanese economy, Japan Cabinet OKs $61 Billion Economic Stimulus Japan’s Cabinet on Friday approved a 5.05 trillion yen ($61 billion) stimulus package aimed at boosting the country’s flagging economic recovery. The package, to be submitted this month to parliament for approval, follows 915 billion yen ($11 billion) in measures that Prime Minister Naoto Kan’s government has already approved. The latest package includes measures to boost employment, …
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Lessons Not Learned – No Failure Too Great to Admit It
Jr Deputy Accountant Word of the American Education Scam Has Obviously Reached Mexico Jr Deputy Accountant Hey! Everyone deserves to go to college, right? Just like it is everyone's God-given right in this country to own a home. So what if the erosion of our … and more
A top US official says that the healthcare group failed to swiftly and adequately inform regulators about a withdrawal of its products from shops across the country last year
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J&J criticised over cough remedy action
United Parcel Service will submit an application for a domestic licence to the State Post Bureau in response to surging consumer and business demand in the country
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UPS to tap China’s booming domestic market
What we have here is a duplicitous attempt to cover the fact that Freddie & Fannie are in huge trouble and in dire need of having government meddling on their behalf blocked, in a time these politicians now running the country know the …
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What a scam! – Right-Thinking from the Left Coast