Hyatt Hotels Corp., responding to public outcry, political pressure, and threatened boycotts, yesterday offered the 98 housekeepers it fired last month new jobs at their old wages, a move that was met with mixed reaction by those who protested the firings.
BFG has Re-Engaged! Boston Financial Guide is a content aggregating commercial site and has joined the URBN hyper-local geo targeted online network. After taking a little time off to reorganize BFG is pleased to announce we will be undergoing some changes in the months ahead; most notably as the newest member of the UR Business
Now US Banker magazine is finding some bright spots in its annual “25 Most Powerful Women in Banking” issue. Calpers, the giant California pension fund, hired the first female CEO, Anne Stausboll, in its 77 year-history, while Bank of America is said to be grooming Sallie Krawchek, who was recently hired as head of the bank’s Global Wealth and Investment Management unit, as a possible successor to CEO Ken Lewis.
Google Unveils Fast Flip and Startups Take a Gamble By Jennifer Martinez | Monday, September 14, 2009 Google today launched a new feature that organizes articles on the web in a way that resembles print magazines, called Google Fast Flip. Marissa Mayer, the search engine giant’s VP of search products and user experience, who unveiled the
Walmart loves to shock and awe. City-size stores, absurdly low prices ($8 jeans!) and everything from milk to Matchbox toys on its shelves. And with the recession forcing legions of stores into bankruptcy, the world’s largest retailer now apparently wants to take out the remaining survivors.
Freelancers bag cheap office space By Christine McConville | http://www.bostonherald.com | Business & Markets Photo by Christopher Evans Three or four days a week, Boston-area entrepreneur Hooman Hodjat stops into a second-floor office just across the street from Boston’s South Station. One day, he’ll use the conference room to meet with potential investors. The next day, he
Morris said Mihos’s candidacy will resonate with voters because he fought against cost escalation in the Big Dig project while a member of the Massachusetts Turnpike board of directors. The consultant also said Mihos knows how to cut government spending but won’t be afraid to spend his own money promoting his candidacy — perhaps as early as this fall.
These drugmakers’ cash has to go somewhere, either through acquisitions, share buybacks, dividend payments, or paying down debt. Some of these options don’t make very much sense right now; with interest rates at historical lows, for example, now’s not the time for big pharma to pare down their debt levels. In addition, some drugmakers park a good portion of their cash outside the U.S. for tax reasons, making foreign biopharma acquisitions more attractive.
But the site drew so much traffic that GM began inviting Dr. Dennis to Volt-related events and offering him exclusive interviews with its top executives. Advertisers began paying him for space on the site. And upon completing his daily duties, including treating victims of stroke, Dr. Dennis began making daily posts to the site. Last week, when GM Chief Executive Fritz Henderson announced that the Volt would travel 230 miles per gallon of gasoline in city driving, Dr. Dennis flew in for the press conference. “This Web site has just added a whole new dimension to my life,” he says.