WASHINGTON, D.C.—The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness released today a report that outlines concrete ideas for modernizing the U.S. Securities and Exchange Commission’s (SEC) disclosure regime. The “Report on Corporate Disclosure Effectiveness: Ensuring a Balanced System that Informs and Protects Investors and Facilitates Capital Formation,” identifies short- and long-term improvements to […]
WASHINGTON —LinkedIn Corp. has agreed to pay $3,346,195 in overtime back wages and $2,509,646 in liquidated damages to 359 former and current employees working at company branches in California, Illinois, Nebraska and New York. An investigation by the U.S. Department of Labor’s Wage and Hour Division found that LinkedIn was in violation of the overtime […]
WASHINGTON, D.C. – President Barack Obama today announced that the U.S. Agency for International Development (USAID) will invest more than $38 million toward four regional Leadership Centers that will train thousands of Africa’s emerging leaders and foster connections, creativity, and collaboration in sectors critical to Africa’s growth and development. USAID’s investment was more than matched […]
WASHINGTON — U.S. Secretary of Labor Thomas E. Perez released the following statement on the five-year anniversary of the last increase in the federal minimum wage: “It’s been exactly five years since workers at the bottom of the income ladder have gotten a raise. Since then, the cost of a gallon of milk, a week […]
HOUSTON & NEW YORK– KKR & Co. L.P. (NYSE:KKR), a leading global investment firm, and BlackGold Capital Management (“BlackGold”), a credit-oriented hedge fund specializing in energy and hard asset investments, today announced that KKR is acquiring a 24.9% interest in BlackGold. Financial terms of the transaction were not disclosed. Established in 2006 by co-founders Erik […]
MILWAUKEE, — ManpowerGroup Solutions’ Managed Service Provider (MSP), today released the second Contingent Workforce Index (CWI). The CWI measures and tracks the relative ease of sourcing, hiring and retaining contingent workforce in 75 countries. Hong Kong continues to be the highest-ranked country for contingent workforce operations in 2014, followed closely by the United States. China […]
HOUMA, La. — B & D Contracting Inc., a labor recruiting and staffing agency that caters to oil field services and maritime fabrication facilities along the Gulf Coast, has agreed to pay $1,660,438 in back wages to 1,543 current and former employees. An investigation by the U.S. Department of Labor found that the company engaged […]
London/Rotterdam – Over 200 Unilever marketers from around the world are now offering to share their expertise and experience with innovative technology startups. The Unilever Foundry launched in May with marketers from around the world joining the platform to start mentoring entrepreneurs in their local cities. Marc Mathieu, SVP Marketing explains: “As the second largest […]
WASHINGTON — U.S Secretary of Labor Thomas E. Perez issued the following statement about the June 2014 Employment Situation report released today: “Strong economic growth continued in the month of June, with a total of 288,000 new jobs. It is the fifth consecutive month with job growth of at least 200,000, and this is the […]
U.S. Secretary of Commerce Penny Pritzker today announced the launch of the U.S. Cluster Mapping and Registry project (http://clustermapping.us), a national economic initiative based at Harvard Business School’s Institute for Strategy and Competitiveness and supported by the U.S. Economic Development Administration. The U.S. Cluster Mapping and Registry project aims to strengthen U.S. competitiveness by understanding […]
