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Commercial and Professional Services

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  • Jan 12- United Airlines is assessing whether to outsource jobs at airports around the country in a cost-cutting effort that could impact some 2,000 workers. The Chicago- based carrier informed employees Monday that jobs up for review included baggage handlers and gate and customer service agents at 28 airports that are not hubs, ranging from Atlanta to...

  • United Airlines may outsource 2,000 airport jobs Monday, 12 Jan 2015 | 6:09 PM ET
    A United Airlines jet at San Francisco International Airport.

    United Airlines is assessing whether to outsource jobs at airports around the country in a cost-cutting effort.

  • Jan 12- Privately held 23 andMe Inc said Pfizer Inc would have access to its research services, helping the pharmaceutical giant better understand the lupus disease. About 5 million people worldwide have a form of lupus, according to the Lupus Foundation of America. Pfizer is already partnering with the company to study genetic factors associated with the...

  • NEW YORK, Jan 7- U.S. private employers added 241,000 jobs in December, beating the median forecasts of analysts, a report by a payrolls processor showed on Wednesday. The ADP figures come ahead of the U.S. Labor Department's more comprehensive nonfarm payrolls report on Friday, which includes both public and private sector employment. The unemployment rate is...

  • Citigroup appointed Shreyas Bordia managing director in its EMEA energy team based in London. Bordia joins from Morgan Stanley, where he was part of the energy team with a primary focus on the E&P and oil field services sectors, Citigroup said in a statement. DeBono, based in London, will focus on risk management and valuation of complex assets at FTI Consulting,...

  • Accenture raises revenue outlook after strong 1Q Thursday, 18 Dec 2014 | 12:02 PM ET

    Accenture raised its revenue forecast for fiscal 2015 after contract wins helped it post better-than-expected first-quarter earnings and revenue.

  • Dec 18- Consulting and outsourcing company Accenture Plc raised its revenue forecast for fiscal 2015 after contract wins helped the company post better-than-expected first-quarter earnings and revenue. Accenture's shares rose 3.5 percent to $88.25 in premarket trading on Thursday. Accenture, which gets about 56 percent of its revenue from outside North...

  • Buy American? Not so for retail stock fund investors Wednesday, 17 Dec 2014 | 7:00 AM ET

    NEW YORK, Dec 17- A record run in U.S. stocks does not appear to have won over one large investor pool: Mom-and-pop retail investors. So far this year, mutual fund buyers have added about $1.6 billion in net new cash to domestic stock funds, according to data from Thomson Reuters unit Lipper. "That's almost a rounding error," said Tom Roseen, head of research services at...

  • New York advisory firm charged with defrauding investors Wednesday, 10 Dec 2014 | 4:54 PM ET

    Dec 10- U.S. federal regulators charged a New York- based investment advisory firm and two co-owners with misleading clients into investing in a risky hedge fund. The Securities and Exchange Commission accused that Timothy Dembski and Walter Grenda of Reliance Financial Advisors misled clients who were retired or nearing retirement and living on fixed...

  • NEW YORK, Dec 3- U.S. private employers added 208,000 jobs in November, below economists' expectations, a report by a payrolls processor showed on Wednesday. The ADP figures come ahead of the U.S. Labor Department's more comprehensive nonfarm payrolls report on Friday, which includes both public and private sector employment. The unemployment rate is seen...

  • Indian retailers hobble as e-commerce race ahead Monday, 17 Nov 2014 | 5:58 PM ET

    Indian retailers are struggling to keep up online as e-commerce garner large investments.

  • Morningstar Says Client Data May Have Been Leaked Saturday, 6 Jul 2013 | 5:29 PM ET

    Morningstar said personal information, including credit-card details, of about 2,300 customers may have been compromised due to a security breach last year.

  • How Wal-Mart Stores Got a Foothold in India's Market Wednesday, 5 Dec 2012 | 3:45 AM ET
    Wal-Mart signage is seen in the parking lot of the store in Mexico City, Mexico.

    Wal-Mart entered India's supermarket sector in 2010 with a $100 million bet on a consultancy with no employees, no profits, and a scant $14,000 in revenue.