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  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • "We couldn't advise the Europeans, we couldn't advise the U.S.," the unnamed lawyer said, according to a report published by the professional body for UK solicitors. We'd be a purely UK entity, for UK problems, "the lawyer was quoted as saying. Lawyers, accountants, management consultants, recruiters, bankers, public relations and technology firms with overseas...

  • June 23- Xerox Corp said Jeff Jacobson, the president of its technology unit, would take over as chief executive after the company splits its business process outsourcing unit into a separate, publicly listed entity. Its business process outsourcing operations will be held under " Conduent Inc," which will be led by Ashok Vemuri. Xerox, which announced the split in...

  • June 23- Accenture Plc posted a better-than-expected 8.6 percent rise in quarterly net revenue, driven by demand for consulting services, particularly from customers in North America. Analysts on average had expected a profit of $1.41 per share and revenue of $8.34 billion. The net income attributable to Accenture rose to $897.2 million, or $1.41 per share, in...

  • June 14- Xerox Corp said on Tuesday Ashok Vemuri will become the chief executive of its business process outsourcing unit after the company splits into two publicly traded entities. Vemuri, who previously headed IT services provider IGATE Corp from September 2013 to October 2015, will join Xerox effective July 1. While at IGATE, Vemuri led the company's sale to...

  • BOSTON CONSULTING GROUP, PRICEWATERHOUSECOOPERS TO ADVISE ON RESTRUCTURING- DOS SANTOS.

  • NEW YORK, June 3- Madison Sawyer, 20, was determined to quit the temporary job she took after graduating with honors from Santa Fe College in December and find a permanent position, but so far she is stuck making $10 an hour. Since the Labor Department began tracking temporary help data in 1990, changes in the trajectory of temporary employment have preceded those...

  • NEW YORK, June 2- U.S. private employers added 173,000 jobs in May, below economists' expectations, a report by a payrolls processor showed on Thursday. Economists surveyed by Reuters had forecast the ADP National Employment Report would show a gain of 175,000 jobs, with estimates ranging from 105,000 to 200,000. Private payroll gains for April were revised up to...

  • NEW YORK, May 31- Michael Pearson, the former chief executive officer of Valeant Pharmaceuticals International, will receive a $9 million severance payment and agreed to a consulting agreement worth hundreds of thousands of dollars, according to a document filed with regulators. He can earn $83,333 a month this year as a consultant and next year, the company...

  • NEW YORK, May 31- Michael Pearson, the former chief executive officer of Valeant Pharmaceuticals International, has signed a consulting agreement with the drugmaker that will run through 2017 and pay him hundreds of thousands of dollars, according to the separation agreement filed with regulators. Pearson, who left Valeant on May 2 after a year in which it had...

  • NEW YORK, May 13- iHeartMedia Inc has brought in Millstein& Co, an additional restructuring advisory firm, to help it evaluate options for its debt, including buying some of it back, according to people familiar with the matter. Millstein& Co was founded in 2012 by Jim Millstein, who was the chief restructuring officer at the U.S. Department of the Treasury from 2009 to...

  • David Acheson, a former official at the U.S. Food and Drug Administration and the U.S. Department of Agriculture, was brought on as an adviser, Chipotle told Reuters. The company also confirmed it is working with David Theno, a food safety consultant and former Jack in the Box executive who is credited with fixing food safety at the fast-food chain following a...

  • GREGOIRE LAKE, Alberta, May 6- An indoor security camera gave the world a haunting five-minute glimpse of one of the worst wildfires in Canadian history as it roared through a living room in Fort McMurray and the homeowner watched it burn on his mobile phone. The video from a fixed camera in James O'Reilly's home began with a seemingly serene shot of red walls, a...

  • NEW YORK, May 5- Lackluster U.S. corporate results spurred investors to pull $11.2 billion from U.S.-based stock funds in the past week, the largest seven-day outflow since January, Lipper said on Thursday. "Look at the bad earnings that came out on Microsoft, Apple, Intel," said Tom Roseen, head of research services for Lipper, a unit of Thomson Reuters Corp.

  • NEW YORK, May 4- U.S. private employers added 156,000 jobs in April, well below economists' expectations and the weakest gain in three years, a report by a payrolls processor showed on Wednesday. It was the smallest increase since April 2013. The ADP figures come ahead of the U.S. Labor Department's more comprehensive non-farm payrolls report on Friday, which...

  • CARACAS, May 3- Venezuela's oil output may fall to average some 2.35 million barrels-per-day this year, as the South American OPEC country's cash crunch and shortages weigh on production, according to energy consulting firm IPD Latin America. That estimate is a whisker above the 2.53 million bpd Venezuela produced in the first quarter, according to OPEC...

  • CARACAS, May 3- Venezuela's oil output may fall to average some 2.35 million barrels-per-day this year, as the South American OPEC country's cash crunch and shortages weigh on production, according to energy consulting firm IPD Latin America. That estimate is a whisker above the 2.53 million bpd Venezuela produced in the first quarter, according to OPEC...

  • *Says could save Egypt nearly $2 bln in five years. A dimly lit room awash with the soft glow of CCTV feeds from around the country, Blumberg Grain's command and control centre is the central nervous system of a fast-expanding network of grain storage facilities the company says will save Egypt nearly $2 billion in five years. As Egypt begins its wheat harvest this...

  • *Says could save Egypt nearly $2 bln in five years. A dimly lit room awash with the soft glow of CCTV feeds from around the country, Blumberg Grain's command and control centre is the central nervous system of a fast-expanding network of grain storage facilities the company says will save Egypt nearly $2 billion in five years. As Egypt begins its wheat harvest this...

  • CHICAGO, April 6- A friend called recently looking for advice about her 401. Should she roll over her $250,000 nest egg and withdraw some of the funds to help her through the career transition? His proposal would cost her at least $74,000 in fees over the next 20 years, compared with $23,000 in the 401- based on a simple back-of-the-envelope calculation assuming no...