Motorola Will Spend $31 Million to Cut 800 Jobs
Motorola Mobility Holdings Inc. will shed 800 jobs in an effort to cut costs following third-quarter losses, as the company prepares for its acquisition by Google. The Company expects to incur $31 million in costs associated with the layoffs. The L.A. Times reported Monday that the cost-cutting move will include about $27 million to be paid out in severance More...
Republican Candidate Herman Cain Denies Allegations of Sexual Misconduct
Republican presidential candidate Herman Cain said Monday he has been “falsely accused” of inappropriate behavior toward two female employees. Cain responded to a report in POLITICO alleging that two female More...
Occupy Wall Street Applies for Trademark
The Occupy Wall Street movement applied to trademark its name on Oct. 24. The movement filed for the use of the mark on its website, in periodicals and newsletters, and on clothing and bags, reported the POLITICO. Fer-Eng More...
$100 Million Payout for Nabors CEO
Nabors Industries Ltd. is paying its chairman $100 million in cash in a severance-style deal, even though he isn’t leaving the company. Eugene M. Isenberg, who is 81 years old, had been chairman and chief executive More...
Chrysler CEO Wants to Create Single Wage Rate for Employees
Chief Executive Officer Sergio Marchionne announced Friday that he would like to create a single wage rate for all Chrysler employees represented by the United Auto Workers union at the plants. The CEOs aim is to More...
‘Get Your Freak On, Girl’ Baggage Screener Fired
The TSA has started the process to fire the TSA officer, who found a vibrator in a female passenger’s checked bag on Saturday 22nd, and left her note saying, “Get Your Freak On, Girl.” Jill Filipovic, an editor More...
Halloween Park Employee Found Hanging from a Noose
Employees at a “Scream Park” in Missouri came across a real-life nightmare after finding a fellow employee hanging from a noose, reports KSDK.com. The 17-year-old teenage girl, who has not been named, was discovered More...
“We are Wall Street” – Wall Street Strikes Back
Wall Street recently struck back by dropping leaflets on the Occupy Wall Street movement. Here’s what the leaflets said: “We are Wall Street. It’s our job to make money. Whether it’s a commodity, More...
LA Police Sergeant Arrested for Burglary
A veteran Los Angeles police sergeant is out on bail following his arrest for burglary charges. Los Angeles Police Department Sgt. Lucien Daigle, an 18-year veteran of the force, was arrested for suspicions of residential More...
Yahoo! Puts Emphasis on Search for a Permanent CEO
Yahoo! Inc., whose board was previously focused on the sale of the company after firing Carol Bartz, is now placing renewed emphasis on its search for a permanent CEO. Former Yahoo! CEO Carol Bartz was fired over More...