Sept 12- Hudson City Bancorp Inc said Chief Executive Ronald Hermance Jr., 67, passed away unexpectedly on Thursday evening, and named Chief Operating Officer Denis Salamone as successor. His passing comes before the close of M&T Bank Corp's acquisition of Hudson City for $3.7 billion.» Read More
Earlier this year, I discussed the phenomenon of "Chief Sustainability Officers" and how companies, especially post-Copenhagen, are realizing that a quick fix for their bruised reputation is to name an executive their eco-officer. It makes them look good and provides great PR.
Here are the clips from last night's historic interview with two powerhouse economic thinkers, both former economic advisors to Ronald Reagan.
You have to love a book that says, “Most business books give you the same old advice: Write a business plan, study the competition, seek investors, yadda yadda. If you’re looking for a book like that, put this one on the shelf.”
No matter what you may think of Woods on a professional or personal level—or the issues of taste involved in splicing quotes to create an ad campaign around the concept of a dead parent expressing disappointment in the actions of their adult offspring—the question is one that we could all benefit by asking ourselves and those around us more often.
The number of Americans who say that corporate America has a good reputation is up 50 percent from last year, the first improvement in four years...according to a new survey. But this CEO says, "Before we give ourselves a pat on the back...We’ve still got our work cut out for us."
The cover letter should not exhaust all or even most of your search time. Some employers don’t even read cover letters, and you don’t know in advance of sending it how much weight it will be given, so you don’t want to needlessly spend too much time on it.
Jamie Dimon’s defense of “big banks” in his shareholder letter seems to ignore the experience of the past two years, writes William Dunkelberg, Chairman of Liberty Bell Bank
It's been a sad year. We've all felt it, whether it's senior management or an employee at the other end of the totem pole. While companies hunkered down and waited for the worst to pass, some chiefs and senior management saw the downtime as an opportunity to mingle with their grassroots and take their open-door policy a step further.
In exposing the chain of events that led to the market’s collapse (liquidity and capital) and the government’s unprecedented bailout, Lowenstein pieces together the full story of “The End of Wall Street” as we knew it and what he calls, the fall of an entire generation.
A panel investigating the roots of the financial crisis will press current and former executives of Citigroup at hearings this week about the bank's role in spreading trillions of dollars in risky mortgage debt through the banking system.
Glassdoor.com conducted a survey which shows employees are more confident they will not lose their jobs. However, three out of four are willing to take a pay cut to make sure. For people who are unemployed, nine out of ten are willing to work for less than they originally expected.
By choosing to abuse entry-level workers while granting outrageous privilege to top-tier employees, companies are focusing only on the short-term.
No matter the size of your company or the product or service it offers, this author offfers 7 pricing strategies will increase profits and generate growth.
Recently Vault.com and SixFigureStart teamed up to host an Ask Anything teleclass. We received over 200 questions! Here are some on resumes.
For most of us, ideas stay ideas unless they grab the attention of senior management and escape the long path from creation to implementation. But what if we took the opposite approach?
Friday, the Labor Department will release March employment data, and economists have been optimistic the economy is finally gaining jobs and the recession has ended.
With the unemployment rate at 9.7 percent (at least until Friday), and 12 million or so Americans out of work, there are still a lot of things related to the economy worth fretting about.
Millennials. The very word sparks debates galore. And depending on who is speaking, these discussions can be depressing, full of expletives, ambiguous or downright dismissive.
Recently an experienced entrepreneur turned employee asked me for advice about a new job where there was a lot of down time. She already asked for more to do but wasn’t assigned anything. Now what?
The threat is no longer low-cost manufacturing; it’s high-tech and ideas. And the proof? As of this year, China has overtaken Germany as the world’s biggest exporter. And it’s not limited to less expensive products.
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