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Employment in the News

Finding a job these days just isn't as easy as it used to be. "Employment in the News" can give you the edge. Here you'll find news on current employment trends and companies who are making headlines, career resources and hot employment sectors. Check back often.

      
 Title   Date   Author   Host 

smallbusiness.yahoo.com

by Karsten Strauss

October 24, 2013

All Isabella "Bella" Weems really wanted was a used car. That desire set in motion a chain of events that led to the Arizona teenager spearheading what is now a multi-million dollar enterprise that she may someday control.

Weems, now 17, is founder of Origami Owl, a custom jewelry company whose direct sales business model turns would-be entrepreneurs into salespeople and evangelists. The company, which she founded in 2010 at age 14, generated $24 million in revenue in 2012 and this year expects to reach $250 million, according to the company. Origami Owl takes on independent associates - known as "designers" - who buy products at a discount and then peddle them to others for a marked up price. One of the favorite points of sale are "jewelry bars," or private parties at someone's home or another venue operated by a "hostess" (the hostesses get discounts and some free products too). The company has about 50,887 designers.

CNS News

by Terence P. Jeffrey

March 4, 2013

During the month of February--as President Barack Obama was warning Americans they would see dramatic effects in their lives if "sequestration" of some planned federal spending kicked in--the federal government's debt climbed by $253.5 billion.

That one-month increase in the debt was nearly six times as much as the $44 billion in spending cuts the Congressional Budget Office estimates will take place in all of fiscal 2013 as a result of sequestration. At the close of business on Jan. 31, 2013, the federal debt was $16,433,791,850,294.04, according to the U.S. Treasury. At the close of business on Feb. 28, 2013, the federal debt was $16,687,289,180,215.37. Thus, the federal debt increased $253,497,329,921.33 during the month.

Hot Air

by Ed Morrissey

August 24, 2012

In 2009, the Obama administration approved a set of loan guarantees to Solyndra that totaled over $520 million, which supposedly would have created thousands of new jobs.

Most of that money, $300 million, went to build a new manufacturing plant for the solar panels that cost more to build than the market price they could fetch. For some reason, the Department of Energy and the White House found this to be a solid business model. Eventually, the company went bankrupt despite an effort by the Obama administration to bring new cash into Solyndra - by illegally subordinating taxpayer standing in event of a collapse. The bankruptcy continued to unwind this week with the sale of the new facility. The $300 million facility managed to go for 30 cents on the dollar...

CNS News

February 2, 2012

Thieves have stolen $3 million worth of gold nuggets from a lobby display case inside a courthouse in California gold country.

CNS News

by Michael Kunzelman

September 27, 2012

A federal judge gave his final approval Thursday to a $42.6 million class-action settlement between companies that made and installed government-issued trailers after hurricanes in 2005 and Gulf Coast storm victims who claim they were exposed to hazardous fumes while living in the shelters. U.S. District Judge Kurt Engelhardt ruled from the bench after hearing from attorneys who brokered a deal resolving nearly all remaining court claims over elevated levels of formaldehyde in trailers provided by the Federal Emergency Management Agency following hurricanes Katrina and Rita.

The American Spectator

by Chris Horner

September 1, 2011

That's the figure. And the CEO, who I suppose moonlights writing unemployment headlines for Reuters, found Solyndra's bankruptcy to be...wait for it...'unexpected.'

The Web Host Industry Review

by Justin Lee

June 20, 2012

An Illinois woman is organizing a class action lawsuit against professional social networking site LinkedIn, arguing that the site failed to meet "industry standard" security practices.

Though LinkedIn said that only a "small subset of the hashed passwords was decoded and published," security site Sophos said the number of decrypted LinkedIn passwords is actually closer to 60 percent. Last year, a security analyst reported that LinkedIn is open to security flaws that could potentially allow hackers to breach users' accounts without the need for their passwords. Katie Szpyrka, who has been a LinkedIn member since 2010, said LinkedIn "failed to properly safeguard its users' digitally stored personally identifiable information including email addresses, passwords, and login credentials."

Hot Air

by Allahpundit

January 15, 2013

I remember some consternation in the media a few weeks ago after Boehner split the original $60 billion relief package into two smaller bills that this meant the GOP was going to gut part of it.

Absurd. Did anyone seriously believe Boehner et al. would risk more bad press by stripping out the pork after Chris Christie threw a big tantrum about how evil his own party was for even delaying the initial vote? I hereby retract my skepticism that the GOP leadership collectively has no balls.

Personal Liberty Alerts

by Upi - United Press International, Inc.

July 18, 2012

Charges were unsealed in New York Tuesday against 48 suspects accused of diverting hundreds of millions of dollars in Medicaid prescription drugs.

The U.S. Justice Department said the fraud cost Medicaid more than an estimated $500 million in reimbursements for pills diverted into the second-hand black market. Thirty-four suspects were arrested Tuesday morning. Fifteen defendants were taken into custody in New York and New Jersey, and one defendant from the area was expected to surrender. The 16 defendants were scheduled to appeal before a U.S. magistrate in New York.

thedaily.com

by Erik German

June 24, 2012

Army ditches failed combat uniform that put a target on grunts' backs for 8 years

Over the next year, America's largest fighting force is swapping its camouflage pattern. The move is a quiet admission that the last uniform - a pixelated design that debuted in 2004 at a cost of $5 billion - was a colossal mistake. Soldiers have roundly criticized the gray-green uniform for standing out almost everywhere it's been worn. Industry insiders have called the financial mess surrounding the pattern a "fiasco."

      
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