Tweet NEW YORK — Jamie Dimon, chairman and CEO of the country’s biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs. It’s been just more than a year since his bank, JPMorgan Chase, revealed a surprise trading loss that tarnished its usually stellar reputation [...]
May 19, 2013 | Posted in
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Tweet It might not be uncommon for workers to fake a sick day just to skip work, but some apparently feel the need to get a little more creative, according to a recent study. In fact, the excuses employees give their bosses for missing work can be so outlandish that 60 percent of managers say [...]
May 19, 2013 | Posted in
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Tweet According to sources close to the situation, the Yahoo board plans to meet Sunday night to decide whether to approve a $1.1 billion all-cash offer for New York-based blogging site Tumblr.
May 18, 2013 | Posted in
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Tweet When I was growing up, my parents encouraged me to travel globally because so much history happens outside of our borders. The great conflicts of the past century occurred not in Kansas or Illinois, but in faraway places like Europe and the Pacific. While it’s wonderful to get lost in those great European cities, [...]
May 18, 2013 | Posted in
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Tweet * Top Obama advisers met with about a dozen strategists * Talked about how to move forward from three scandals * On Friday, Obama to talk about education, economy By Roberta Rampton and Jeff Mason WASHINGTON, May 16 (Reuters) – Senior White House officials responsible for navigating the administration through a trio of scandals [...]
May 17, 2013 | Posted in
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Tweet For many of us, the initials I, R and S strike fear into our heart. But now the Internal Revenue Service is apologizing. The IRS has admitted that during the 2012 elections some relatively low-level employees in Ohio required additional information from some conservative groups seeking tax-exempt status. Groups with the words “tea party” [...]
May 16, 2013 | Posted in
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Tweet Apparel retailer Abercrombie & Fitch announced Wednesday that it would agree to the Accord on Fire and Building Safety in Bangladesh, a spokeswoman said. The pact began circulating last year and aims to improve worker safety and labor rights. It has gained momentum since the Rana Plaza factory building in Bangladesh collapsed, killing more [...]
May 16, 2013 | Posted in
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Tweet WASHINGTON — Relatives of garment workers missing since last month’s collapse of the Rana Plaza garment factory in Bangladesh demonstrated at the site of the tragedy Tuesday, carrying photographs and demanding the bodies of their loved ones. “Rescue operation is over? … Where’s my son? How and where I’ll get him?” asked Nazim Uddin, [...]
May 15, 2013 | Posted in
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Tweet Around 100 people are feared trapped after a four-storey building under construction collapsed in northeastern Rwanda, the government said Tuesday. “So far, the tentative information we have indicates that debris fell on about 100 people, we are yet to come up with the exact figures,” Rwandan Minister of Disaster Management Seraphine Mukantabana told AFP. [...]
May 14, 2013 | Posted in
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Tweet NEW YORK (Reuters) – Goldman Sachs Group Inc shareholders should vote against the Wall Street bank’s executive compensation proposal because the board has “failed to link pay with performance,” proxy advisory firm Glass Lewis said in a report on Monday. Shareholders should also vote against director James Johnson, Glass Lewis said, because of his [...]
May 14, 2013 | Posted in
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