July 31- An employee complaint exposed accounting misconduct at L-3 Communications Holdings Inc, according to people familiar with the matter, prompting the aerospace and defense supplier to fire four people, revise two years of earnings statements and cut its earnings forecast.» Read More
As worldwide need for aluminum expands, demand for Alcoa products will grow 10 percent this year, with a full 50 percent of that coming from China, Klaus Kleinfeld, CEO and director, told CNBC Friday.
Running derivatives through clearinghouses, part of the proposed financial regulations reforms now in Congress, will make them more secure and eventually may pump up their volume, Vikram Pandit, CEO of Citigroup told CNBC Friday.
PepsiCo and ThinkSocial, a nonprofit initiative at the Paley Center for Media that advances use of social and mobile media for public purposes, hosted a unique event last week aimed at highlighting the growing buzz around corporate sustainability and using social media to leverage it. Marketing heads from global brands like GE, Timberland, Nokia and PepsiCo were on hand to not only discuss their CSR initiatives but also show how they are embracing their social media networks to leverage brand awareness.
You can’t expand your network if you always only focus on people you already know. You have to take a chance, like this person did, and reach out to people. Attend social events, go to conferences, take classes, participate in community activities, and then actually reach out to the people you meet.
What themes do you expect to emerge when you gather a bunch of leading businesspeople and experts on innovation and organizational change, and have them present their thoughts in a two-day conference in New York City?
Sadly, President Obama, by persistently scolding BP and using inflammatory rhetoric, has done little to improve BP’s efforts to cap the well and mitigate the damage, or to foster effective cooperation between federal and state agencies that could improve those efforts.
It is the season for economic forecasts, and I have been polled by several published surveys. Here is my response.
Forgive me, job search candidates, for I have sinned. It’s been 20+ years since my last confession. I ran recruiting efforts for Fortune 500 firms that included Citigroup, Warner-Lambert, and most recently Merrill Lynch and during that time, I committed many sins. I seek atonement through this article.
The trade deficit, along with the credit and housing bubbles, were the principal causes of the Great Recession. Now, a rising trade deficit and continued weakness among regional banks, still burdened by bad loans, threatens to stifle the emerging recovery and keep unemployment near 10 percent through 2011.
Government job data doesn't show a lot of fulltime job growth but it is showing a steady trend of temporary hiring—and has since that number turned positive in October.
Going green has made sense for many companies in the past years, and the proven benefit to the bottom line has begun to sink in gradually as companies battle tarnished reputations (BP, Goldman Sachs) and distrust in the marketplace. Suddenly, sustainability and going green are popular.
Democratic capitalism is not flawed. Rather, government policymakers are destroying a system that took mankind from dark feudal superstitions to cracking the secrets of life with deceptions, delusions and abuse.
I'll admit it: I've got World Cup fever already. The quadrennial tournament kicks off on Friday, and I'm adrift in a sea of speculation with fellow soccer-minded colleagues.
Either Barak Obama fixes what’s broken in the economy, or he will be remembered for spending his entire first term blaming George Bush.
The jobs numbers were lousy (as we predicted). The Administration’s solution is small business tax cuts. While this is a good idea in the long haul, it is not a solution to the short term problem. Simple logic says you don’t hire a worker or invest in a piece of equipment that doesn’t pay for itself.
If the economy keeps growing at 3 percent the balance of 2010, demand for new capacity—improved rental housing, better located new homes, and commercial construction for retail and factory improvements—should accelerate in 2011.
Unemployment is expected to only fall to 9.8 percent from 9.9 in April, because many sidelined adults, sensing improved conditions, started looking for work. The big challenge is to keep GDP growing at least 3 percent to pull down unemployment.
In the last few weeks, a flurry of our coaching clients have gotten jobs. There is no industry connection—financial services, media, digital strategy, healthcare, academia. There is no functional connection—the roles have been entry-level to executive and spanning sales, HR, marketing, research, and communications.
Eisenhower's decisions in the worst moments of the Battle of the Bulge demonstrate two important points for all leaders: Don't panic, and grab opportunity.
It’s no secret that bonuses are a strong component of overall compensation structure for many senior managers. How these are calculated varies from company to company, but for the most part, they are based on a select number of key performance indicators (KPI).
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