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Some recession victims feel lucky to be working harder
arnoldp@herald-mail.comOne thing Ed Grimes hates about his current work schedule is trying to explain it to others. “It’s confusing,” he said. Since being laid off in 2009 after nearly four decades at Hagerstown’s Noland Company, the 61-year-old...Tags: Labor Legislation, Employment, Bankruptcy, Financially Distressed Companies, The Herald-Mail
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Wal-Mart, Gap skirt the issue
If the horrific garment factory collapse last month in Bangladesh has any silver lining, it is the response from more than 30 of the world's leading apparel companies — including Benetton, PVH, Abercrombie & Fitch, H&M, Inditex (Zara), Marks &...
Tags: Labor Legislation, Politics, Walmart, Crime, Law and Justice, University of California, Irvine
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Penney CEO says company needs time to climb out of 'abyss'
Reuters(Reuters) - J.C. Penney Co Inc Chief Executive Myron Ullman told Wall Street on Thursday that the department store chain is emerging from what he called an abyss but warned he needs time to fix the issues of the retailer. Penney reported another steep...Tags: Ron Johnson, Kohl's, New Products, Goldman Sachs Group, Inc., JC Penney Company Inc.
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Business briefs - May 19
Potomac Bancshares Inc. CHARLES TOWN, W.Va. — Robert F. Baronner Jr., president and chief executive officer of Potomac Bancshares Inc., the one-bank holding company for Bank of Charles Town, announced its quarterly results for the period ending...Tags: Loans, Northwood, Earnings, Economy, Business and Finance, Hagerstown (Washington, Maryland)
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Shift from Schwinn to SRAM mirrors change in bicycle business
John Nedeau rides his bike to work when he can. He has a good bike. He's a good rider. He works for a company called SRAM. Its global headquarters on Chicago's North Side is a long way from his home in suburban Lake Bluff, but Nedeau averages about 30...
Tags: Lifestyle and Leisure, Hobbies, Economy, Business and Finance, Bankruptcy, Columbia College Chicago
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U.S. state cancels subsidy for investment from Pakistani company
ReutersBy Susan Guyett INDIANAPOLIS, May 17 (Reuters) - Indiana has cancelled subsidies for a planned $1.8 billion fertilizer plant in the state because of concerns that a Pakistani company involved in the project makes products used in improvised explosives...Tags: Chemical Industry, Afghanistan, Politics, Regional Authority, Government
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Enron's Jeff Skilling doesn't deserve a break
As if you didn't know this already, we're coddling criminals in America. By that I don't mean the petty drug dealers, three-strikes necklace-snatchers and other mooks filling up our state prisons; many of them are doing hard time. I'm talking about...Tags: Securities, Prosecution, Judges, Theft, Crime, Law and Justice
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All eyes on Vodafone's Colao for signs on Verizon
ReutersLONDON (Reuters) - After months of speculation, Vodafone's Vittorio Colao will be under pressure next week to set out whether he may sell its prized stake in Verizon Wireless in what would be one of the biggest deals ever. Chief executive for five years,...Tags: Verizon Wireless, Vodafone Group Plc, Economy, Business and Finance, Italy, Earnings Forecasts
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Tesoro wins antitrust OK to buy California BP refinery
ReutersWASHINGTON/HOUSTON (Reuters) - Refiner Tesoro Corp. has received formal approval from antitrust regulators in Washington and Sacramento on Friday to buy BP Plc's refinery and other assets in southern California for more than $2 billion. Tesoro will not...Tags: Kamala D. Harris, Manufacturing and Engineering, BP Plc, Anti Trust Crime, Chevron Corportion
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China deal ends distraction, but not questions, for Caterpillar
Reuters* Deal cuts $135 million from purchase price * Real value is eliminating embarrassing distraction * Caterpillar now needs to show how ERA advances China strategy By James B. Kelleher CHICAGO, May 17 (Reuters) - Caterpillar Inc's deal to cut the...Tags: Baseball, Manufacturing and Engineering, Metal and Mineral, Economy, Business and Finance, Machine Manufacturing
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Transocean chairman voted out, Icahn dividend plan rejected
ReutersZUG, Switzerland (Reuters) - Transocean Ltd shareholders voted out Chairman Michael Talbert at the annual meeting on Friday and backed a nominee of activist investor Carl Icahn to replace him on the board of the world's largest offshore drilling...Tags: Politics, Financial Markets, Occidental Petroleum Corp., Swiss Confederation, Elections
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5 questions … for Tracy Balazs, president and CEO of Federal Staffing Resources LLC
Tracy Balazs, the president and CEO of an Annapolis-based staffing firm, was named Entrepreneurial Success of the Year last month by the Baltimore district office of the U.S. Small Business Administration. She founded the company, Federal Staffing...
Tags: Medical Specialization, Politics, Government, U.S. Department of Defense, SUNY Nassau Community College
May 18, 2013
|Story| Herald Mail
May 17, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Reuters
May 19, 2013
|Story| Herald Mail
May 19, 2013
|Column| Chicago Tribune
May 18, 2013
|Story| Reuters
May 17, 2013
|Column| Los Angeles Times
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 17, 2013
|Story| Reuters
May 19, 2013
|Story| Baltimore Sun
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