Archive for October 30th, 2009

Liz Ryan: Why That Guy Doug Got the Job

My friend Mollie called and she was mad, mad, mad. You won’t even believe this, she said. I’ve been waiting for this job interview for two weeks, and preparing, and stewing over it, and so I went to the interview on Friday and now I’ve been waiting for almost a week.

Versace To Cut 350 Jobs: Report

Versace will cut 350 jobs, or 25 percent of its workforce according to Wednesday’s WWD report . The decision was made by Gian Giacomo Ferraris, CEO of Versace SpA, who hopes to reorganize the company and regain profits by 2011. The cuts will primarily effect the Milan headquarters, the Burago factory and the ready-to-wear plant in Novara and will be in place by next March.

White House: 650,000 Jobs In New Stimulus Report

WASHINGTON — More than 650,000 jobs have been saved or created under President Barack Obama’s economic stimulus plan, the White House said Friday, saying it is on track to reach the president’s goal of 3.5 million jobs by the end of next year. New job numbers from businesses, contractors, state and local governments, nonprofit groups and universities were not scheduled to be released publicly until Friday afternoon.

The recession may be over at last — so what now?


 
 After a record four straight losing quarters, the economy finally grew again. It was hardly a boom, and it was almost all because of government spending.

Investment firm, execs charged in bond bid-rigging


 
 A politically connected financial firm and two of its executives were indicted Thursday for what prosecutors say was a bid-rigging scheme in the municipal bond business. The charges in the nine-count indictment filed Thursday in Manhattan federal court against CDR Financial Products Inc. are the first resulting from the Justice Department’s probe of the mammoth municipal bonds industry.

White House: 650,000 Jobs Saved, Created By Stimulus

WASHINGTON — More than 650,000 jobs have been saved or created under President Barack Obama’s economic stimulus plan, the White House said Friday, saying it is on track to reach the president’s goal of 3.5 million jobs by the end of next year. New job numbers from businesses, contractors, state and local governments, nonprofit groups and universities were not scheduled to be released publicly until Friday afternoon. But White House economic adviser Jared Bernstein says officials have been told the figures

White House: Stimulus has created and saved 650,000 jobs


 
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