Cantor Fitzgerald LLC, a New York financial giant claims that it will be hiring in spite of the poor economic conditions. Since its acquisition over Irish Brokerage firm - Dolemen Stockbrokers - 200 employees are expected to be hired aboard the company.
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Lisa Gersh, CEO of Martha Stewart Living Omnimedia, a media giant, has reportedly stepped down from her post. Hunt for a successor is still on. The resignation comes as Gersh and Martha Stewart, chairman and founder, had had a strained relationship.
An Interview can not only be messed up by the candidate but also by the interviewer!Forbes has compiled a list of the most ridiculous questions that have been asked at interviews. Some questions are downright dumb and the others are illegal.
The rate of unemployment has declined to 8.4 percent in Oregon. However, the risk of the rates shooting up still depends on how fast disappointed job seekers start their job hunt.
Glen Tullman stepped down from his post of CEO of Allscripts, a medical IT technology provider firm. The company has also decided against any plans of selling itself and going private.
U.S. Banking giant, JP Morgan has announced that it will be shutting its retail banking operations in Malaysia. The step was taken in order to limit retail banking to its home market. However, its wholesale banking activities will still be carried out regularly.
After a long wait of frozen salaries, companies will finally be alotting fee hikes to their employees. Workers in U.S. can expect a 3 percent hike on their current salaries.
In a recent survey conducted by the Pew Research Institute, it was revealed that unemployment benefits were the most availed and popular benefits among the six largest benefit plans entitled to the citizens of the country.
Bankers at Barclays have said that they would give in their papers if the bonus caps are not lifted this year. They are expecting larger pays this Christmas as the Merger and Acquisitions division has done comparatively well.
After a prolonged tri-week battle of bidding, Knight Capital has finally decided to go with Getco LLC's deal of acquisition.Knight Capital will now remain a publicly traded company. Workforce of the acquired firm is expected to shrink after the acquisition deals are closed.
Minnesota based Coffee chain giant, Caribou Coffee is reportedly taken over by a German investment firm, Joh.A.Benckiser Group (JAB) for $340 million.
Despite the confusions prevailing around the decisions involving Fiscal Cliff, entrepreneurs are positive about hiring. However, hiring will be more guarded and selective in the coming year.
Unemployment benefits in the U.S. will expire by December 29, 2012. If the government does not extend the aids expiry, it could lead to mass impoverishment and a bleak job market in the coming year.
Credit Suisse to slash down 120 jobs in its New York Office, located in Manhattan. The Bank's Spokesperson says that the job cuts come as a measure of cost reductions.
The European Central Bank, which will be the official regulator of 17 EU nations will be going on a hiring drive to employ around 700 to 1000 employees to take care of its banking watchdog operations.
Cisco has reportedly hired Barclays to advise it on selling of Linksys. Barclays has been assigned the task of finding a purchaser for the router manufacturing division of Cisco.
The world of Business has seen some new entrants this year and jobs at these companies are selling like hot cakes. CNN Money brings out the seven top hiring companies for the coming year.
Knight Capital Group, a New Jersey based Brokerage firm, has offered itself up for acquisition. Two rival companies, Getco LLC and Virtu LLC, are bidding roughly for the take over. Layoffs can be expected once the company is acquired.
Lloyd Blankfein , CEO of Goldman Sachs talks about how his six year old job has not worn him out and his affirmation of the fact that the next CEO of the company would be an insider.
German banking giant- Deutsche Bank's offices were raided by the police on Wednesday. 25 employees have been accused of tax evasion on carbon trading permits.
