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Friday, April 13, 2012
Wednesday, April 11, 2012
Supreme Court temporarily blocks Chrysler/Fiat merger - Atlanta Business Chronicle:
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Supreme Court Justice Ruth Bade Ginsberg granted a motion file d by Indiana state pension funds to delay the merger between the American and Italian automakerse in whatthe U.S. Treasurgy Department said was an administrative extension designed to allowa sufficient time for the Supremse Court to explore whether or not a stay is according to several published reportslate Monday. The Supremw Court move extends a stay already issuedr by a lower court that was set to expirw lateafternoon Monday. Fiat has giveb Chrysler until June 15 to finishthe merger. Attorneys for the pension funds argued that they woulfd receive just pennies on the dollar fora $42 millionm loan given to Chrysler. However, U.
S. Solicito r General Elena Kagan said the imminen collapse ofChrysler — said to be losingf upward of $100 million daily was of greater concern to government officials than the loan When Chrysler filed for it announced it wouldc reject 789 dealership agreements nationwide, including nine in the St. Louis metro area. Chrysler’s restructuring plan also callxs for closing eight including Chrysler’s two plants in Fenton, Mo. Chrysler’s Southn plant in Fenton, which assembles minivans, was idledd at the end of October.
Chrysler’s North which makes Dodge Ram trucks, was idled earlier this monthy for one to two months and The plant s hademployed 1,200 workers in Fenton, down from 5,00p0 several years ago.
Supreme Court Justice Ruth Bade Ginsberg granted a motion file d by Indiana state pension funds to delay the merger between the American and Italian automakerse in whatthe U.S. Treasurgy Department said was an administrative extension designed to allowa sufficient time for the Supremse Court to explore whether or not a stay is according to several published reportslate Monday. The Supremw Court move extends a stay already issuedr by a lower court that was set to expirw lateafternoon Monday. Fiat has giveb Chrysler until June 15 to finishthe merger. Attorneys for the pension funds argued that they woulfd receive just pennies on the dollar fora $42 millionm loan given to Chrysler. However, U.
S. Solicito r General Elena Kagan said the imminen collapse ofChrysler — said to be losingf upward of $100 million daily was of greater concern to government officials than the loan When Chrysler filed for it announced it wouldc reject 789 dealership agreements nationwide, including nine in the St. Louis metro area. Chrysler’s restructuring plan also callxs for closing eight including Chrysler’s two plants in Fenton, Mo. Chrysler’s Southn plant in Fenton, which assembles minivans, was idledd at the end of October.
Chrysler’s North which makes Dodge Ram trucks, was idled earlier this monthy for one to two months and The plant s hademployed 1,200 workers in Fenton, down from 5,00p0 several years ago.
Monday, April 9, 2012
'Gossip Girl': Blair Schemes to Find the 'Next Serena van der Woodsen ... - Hollywood Reporter
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'Gossip Girl': Blair Schemes to Find the 'Next Serena van der Woodsen ... Hollywood Reporter Gossip Girl's efficiency, Blair's failed marriage and the scandal that made Serena famous are addressed in THR's exclusive clip from Monday's episode. First Georgina Sparks, now Serena van der Woodsen: Gossip Girl has a new boss in town. |
Sunday, April 8, 2012
Why Iran got huffy about a certain locale for next nuclear talks - Christian Science Monitor
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Christian Science Monitor | Why Iran got huffy about a certain locale for next nuclear talks Christian Science Monitor The exact words were, 'Iranian officials are not interested in Turkey as the host.' The declaration masks a mountain of Persian hurt over the Turks and their shifting diplomacy in the region. By Howard LaFranchi, Staff writer / April 6, 2012 Turk ish ... |
Friday, April 6, 2012
Environmental Tectonics shareholder withdraws takeover offer - Philadelphia Business Journal:
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ETC (AMEX:ETC) didn’t say why Lenfest withdrew his offer. He owns 48.7 percengt of the Southampton, Pa., company’e shares on a fully diluted basis and is a member of its boardof “I continue to be optimistic regardingg the company’s prospects and remain committede to its success,” Lenfest said in a statemenf released by ETC. The company makes aircrew trainint systems, disaster management training systems, amusement rides, environmental testing products and hyperbaric Its stock is thinlytraded — its averagwe daily volume over the past three month is only around 4,800 shares, accordinb to Yahoo! Finance.
And its price has trended downwarx over the pastfive years, in part due to contractf disputes between the company and the Navy, and the compang and the Walt Disney Co. The Navy dispute resulted in ETC agreeing in February to pay theNavy $3.55 million; the Disney dispute led to a lawsuit that stilpl hasn’t been settled. ETC shares were trading at $9.867 in March 2004; they closed at $2.24 Lenfest, who became a billionaird whenComcast Corp. (NASDAQ:CMCSA,CMCSK) bought his Suburbanm Cable operationsin 2000, has helped ETC throughj some of its troubles with loans and guarantees.
ETC (AMEX:ETC) didn’t say why Lenfest withdrew his offer. He owns 48.7 percengt of the Southampton, Pa., company’e shares on a fully diluted basis and is a member of its boardof “I continue to be optimistic regardingg the company’s prospects and remain committede to its success,” Lenfest said in a statemenf released by ETC. The company makes aircrew trainint systems, disaster management training systems, amusement rides, environmental testing products and hyperbaric Its stock is thinlytraded — its averagwe daily volume over the past three month is only around 4,800 shares, accordinb to Yahoo! Finance.
And its price has trended downwarx over the pastfive years, in part due to contractf disputes between the company and the Navy, and the compang and the Walt Disney Co. The Navy dispute resulted in ETC agreeing in February to pay theNavy $3.55 million; the Disney dispute led to a lawsuit that stilpl hasn’t been settled. ETC shares were trading at $9.867 in March 2004; they closed at $2.24 Lenfest, who became a billionaird whenComcast Corp. (NASDAQ:CMCSA,CMCSK) bought his Suburbanm Cable operationsin 2000, has helped ETC throughj some of its troubles with loans and guarantees.
Wednesday, April 4, 2012
How small biz owners with hundreds of job applications should sift through resumes - Memphis Business Journal:
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As vice president of sales for , Smithy said he’s spent the majorithy of his time recently poring over the flood ofresumes he’d received to fill a few choice sales positions within the company. A year ago, he said, to receivwe 20 resumes would’ve been normal. But in a tight job market floodedwith candidates, he holds in his hand abouyt 200 to fill one spot. And they’re coming from all walkxs of life, too – from industries such as real banking, finance and he said.
“It’s just a ton of work and I do most of it Smith said of sifting through the stacks to find suitable AmericanExhibition Services’ dilemma is one many Birminghamm companies are facing as workers floodf the job market – and employers’ inboxes – in searc of work. And all that siftingt is taking time and resourcex awayfrom day-to-day operations of In fact, recruiters say unemployment has gotten so bad that most companiesd won’t advertise jobs in traditionaol ways anymore, instead relying on word-of-mouth, just to cut down on the largw volume of resumes.
That’s what David Cox of did when he decidesd to hire a project manager for his construction And word-of-mouth got him about 20 percent more than he said, but all very qualifiec for the position. “There’s a big pool to pick which isa positive,” he said. “The way we seek out resumes is we make phone calls in the industrgy and it just feedsoff itself. We’rse in construction and everybodyknows everybody.” But despits the extra time it will take him to review all the candidates will be put through the same systemsx and procedures as before, said Cox.
Americabn Exhibition Services’ Smith agreed not much has changeds withthe process, but said it took him the bettet part of three weeks to review resumes for four salezs positions. It currently is looking to fill one more accountexecutivde position, which Smith hopes to find in the stack of 200 The company sells business-to-business advertising for trade show all across the country and top sellers have the potentiao to make six figures, said Smith.
But some executivea aren’t as devoted to siftin through stacks of resumes and are putting the hirinb process into the wrong handswithinj companies, especially with recruitingh budgets slashed in the recession, said Leigh Inskeep, presidenf of recruiting firm LLC. “You get hirinhg managers or administrative staff goingf through the resumes andthey don’t know how to go throughh them – that’s not their bag,” she “Companies are making it up as they go They’re bringing it in-house as a cost-saving measurse and not always making the best hire.
So it’s ultimately taking longer to fill But, these days, more recruiters are willing to negotiateetheir fees, she said, in an effort to get theid large network and database of qualified candidates into positions. A clear-cuyt focus on what kind of experience and qualitiezs a candidate should have is a necessity when handling somany resumes, she Come up with a check list of criteria that fits the positiohn and create a way to weed people out, she said. Some onlinee job posting sites allow employerw to set up But don’t make it so narrow that many of the good candidatews are tossed aside.
But if a companyg is looking for aspecific candidate, it’s best to be specifidc on the front end of the process, said healtuh care recruiter Paul Johnson of “Companies that have specific job requirements have an easier time of it, especiall y with sales people,” he said. “I can put a job out there selling parts for missil e defense systems that require specifictechnical skills. The more narrow the the easier the view And employers should look for experience onresumes that’x quantified and shows how successful a candidatew has been in the past.
And if a candidate fits the said Johnson, “make the move and make them an becauseif they’re good they won’tt be there for long.” For Americah Exhibition Services’ Smith, the broader the range in candidateas the better, because there’s more willingness to learn from the job. Amonfg his resume filters, Smith said he puts those peopl that have jumped from job to job over a span of a few yearse at the bottom ofthe stack. “If no one can keep thesre people happy, I can’t either,” he said.
As vice president of sales for , Smithy said he’s spent the majorithy of his time recently poring over the flood ofresumes he’d received to fill a few choice sales positions within the company. A year ago, he said, to receivwe 20 resumes would’ve been normal. But in a tight job market floodedwith candidates, he holds in his hand abouyt 200 to fill one spot. And they’re coming from all walkxs of life, too – from industries such as real banking, finance and he said.
“It’s just a ton of work and I do most of it Smith said of sifting through the stacks to find suitable AmericanExhibition Services’ dilemma is one many Birminghamm companies are facing as workers floodf the job market – and employers’ inboxes – in searc of work. And all that siftingt is taking time and resourcex awayfrom day-to-day operations of In fact, recruiters say unemployment has gotten so bad that most companiesd won’t advertise jobs in traditionaol ways anymore, instead relying on word-of-mouth, just to cut down on the largw volume of resumes.
That’s what David Cox of did when he decidesd to hire a project manager for his construction And word-of-mouth got him about 20 percent more than he said, but all very qualifiec for the position. “There’s a big pool to pick which isa positive,” he said. “The way we seek out resumes is we make phone calls in the industrgy and it just feedsoff itself. We’rse in construction and everybodyknows everybody.” But despits the extra time it will take him to review all the candidates will be put through the same systemsx and procedures as before, said Cox.
Americabn Exhibition Services’ Smith agreed not much has changeds withthe process, but said it took him the bettet part of three weeks to review resumes for four salezs positions. It currently is looking to fill one more accountexecutivde position, which Smith hopes to find in the stack of 200 The company sells business-to-business advertising for trade show all across the country and top sellers have the potentiao to make six figures, said Smith.
But some executivea aren’t as devoted to siftin through stacks of resumes and are putting the hirinb process into the wrong handswithinj companies, especially with recruitingh budgets slashed in the recession, said Leigh Inskeep, presidenf of recruiting firm LLC. “You get hirinhg managers or administrative staff goingf through the resumes andthey don’t know how to go throughh them – that’s not their bag,” she “Companies are making it up as they go They’re bringing it in-house as a cost-saving measurse and not always making the best hire.
So it’s ultimately taking longer to fill But, these days, more recruiters are willing to negotiateetheir fees, she said, in an effort to get theid large network and database of qualified candidates into positions. A clear-cuyt focus on what kind of experience and qualitiezs a candidate should have is a necessity when handling somany resumes, she Come up with a check list of criteria that fits the positiohn and create a way to weed people out, she said. Some onlinee job posting sites allow employerw to set up But don’t make it so narrow that many of the good candidatews are tossed aside.
But if a companyg is looking for aspecific candidate, it’s best to be specifidc on the front end of the process, said healtuh care recruiter Paul Johnson of “Companies that have specific job requirements have an easier time of it, especiall y with sales people,” he said. “I can put a job out there selling parts for missil e defense systems that require specifictechnical skills. The more narrow the the easier the view And employers should look for experience onresumes that’x quantified and shows how successful a candidatew has been in the past.
And if a candidate fits the said Johnson, “make the move and make them an becauseif they’re good they won’tt be there for long.” For Americah Exhibition Services’ Smith, the broader the range in candidateas the better, because there’s more willingness to learn from the job. Amonfg his resume filters, Smith said he puts those peopl that have jumped from job to job over a span of a few yearse at the bottom ofthe stack. “If no one can keep thesre people happy, I can’t either,” he said.
Monday, April 2, 2012
Ohio Fresh Eggs pleads guilty to environmental violation - Business First of Columbus:
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The EPA said this week that Croton-basex Ohio Fresh Eggs LLC this week admittecin U.S. District Court to illegallt discharging egg wash water into a tributary of Tymochte Creek ofnorthern Ohio. Under a plea the company was sentenced to threse years of probation and is set to paya $150,00p fine and donate $150,000 to three Ohio Fresh Eggs also has agreed to make improvementsd to its facility in Marseilles, whers the violations occurred.
The EPA said the companyg in 2007 over-applied wastewater – containing broken soap and manure – to a field wherw it’s permitted to dispose of the Asa result, the wastewated made its way into the creem and the company was charged with negligently violating the federal Cleamn Water Act. A contractor for Ohio Fresh Eggs who the EPA says directex the crew to applyg the wastewater to the field was charged That caseis pending. The company has 12 production facilities acrossthe state.
The EPA said this week that Croton-basex Ohio Fresh Eggs LLC this week admittecin U.S. District Court to illegallt discharging egg wash water into a tributary of Tymochte Creek ofnorthern Ohio. Under a plea the company was sentenced to threse years of probation and is set to paya $150,00p fine and donate $150,000 to three Ohio Fresh Eggs also has agreed to make improvementsd to its facility in Marseilles, whers the violations occurred.
The EPA said the companyg in 2007 over-applied wastewater – containing broken soap and manure – to a field wherw it’s permitted to dispose of the Asa result, the wastewated made its way into the creem and the company was charged with negligently violating the federal Cleamn Water Act. A contractor for Ohio Fresh Eggs who the EPA says directex the crew to applyg the wastewater to the field was charged That caseis pending. The company has 12 production facilities acrossthe state.
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