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Exotic cars, an actress, the IRS, and Axium

January 18, 2008

Private jet expenses of $1 million, luxury cars leased for $462,000 a year, and $40,000 in Valentine's Day purchases at Tiffany & Co? A lawsuit filed Jan. 15 against the owners of Axium International Inc. and their ex-wives sounds a like a Hollywood storyline. Craig Johnson, associate editor at S...


Idaho, South Dakota post lowest jobless rates

January 18, 2008

Idaho and South Dakota registered the lowest jobless rates among all states in December, the U.S. Bureau of Labor Statistics reported today. The two posted unemployment rates of 3.0% each. Michigan again experienced the highest unemployment rate among states at 7.6% in December. It was followed...


Office openings - Sapphire, CCCi

January 18, 2008

Sapphire Technologies opened an office in Greenville SC. "The area is booming with a wide array of businesses in industries ranging from telecommunications to healthcare, insurance to federal contractors," said Executive VP Robert Dickey. The office is headed up by Jeff Busby. Atlanta-based info...


Beige Book says labor markets still tight

January 17, 2008

Labor markets continued to remain tight although housing-related industries continued to trim payrolls, according to the U.S. Federal Reserve Beige Book report released Wednesday. Increases in employment costs were described as moderate. The Dallas and Philadelphia Federal Reserve Districts repo...


Former ECG personnel hired by nextSource

January 17, 2008

Former Ensemble Chimes Global's VP of software development, John Hofstad-Parkhill, and a member of ECG's development team, Matthew Wild have been hired by nextSource Inc. ECG filed for bankruptcy protection earlier this month along with its parent company, Axium International Inc. Hofstad-Parkhil...


ECG bidder takes up reins

January 17, 2008

The opening bidder for Ensemble Chimes Global in the company's bankruptcy case has already taken over and begun running the system from its Troy MI office, the bankruptcy trustee in the case, Howard Ehrenberg said Wednesday. "He's got the computers booted and the companies are able to access thei...


Province halts employment agency

January 17, 2008

The government of Alberta ordered an unlicensed employment agency to stop operating in the province and end efforts to collect recruitment and placement fees from workers it has placed. The Woodbridge, Ontario company, WorldWide Workforce, is owned by Rupinder Pal Singh. Service Alberta, a gover...


Revenue rises 8% at WorkforceLogic

January 17, 2008

Annual revenue at WorkforceLogic rose 8% to $281 million in 2007, the company announced Wednesday. WorkforceLogic is part of the Nelson Family of Companies, based in Sonoma CA, and includes a vendor management system. WorkforceLogic has grown steadily since 2002, when it posted revenue of $61 mi...


Weekly earnings rise, full-time wages up

January 17, 2008

Real average weekly earnings rose by 0.1% in December from November, according to preliminary, seasonally adjusted data released Wednesday by the U.S. Bureau of Labor Statistics. Earnings benefited from a 0.4% increase in average hourly earnings, which offset a 0.3% increase in the consumer price...


Unemployment claims drop by 21,000

January 17, 2008

In the week ended Jan. 12, the advance figure for seasonally adjusted initial unemployment claims was 301,000, a decrease of 21,000, or 6.5%, from the previous week's unrevised figure of 322,000. The four-week moving average was 328,500, a decrease of 11,750 from the previous week's revised avera...