CEO confidence edges down in Q3

CEO confidence retreated slightly in the third quarter after increasing in the prior quarter, according to The Conference Board’s measure of CEO confidence. In the third quarter, the measure fell to a level of 50, down from 52 in the second quarter of 2016.

A reading of more than 50 reflects more positive...

Ride-sharing firm Juno seeks $50 million in fundraising round (Fortune)

Human cloud ride-sharing startup Juno is seeking $50 million in its biggest fundraising round to date, Fortune reports. Juno is working with investment bank Mizuho Financial Group to find investors, according to a person familiar with the matter. The person, who asked not to be identified because the...

Apple CEO looks for ‘wicked smart’ hires — Staffing quote of the week

“Obviously, we look for wicked smart people ... but put that aside ... there’s a lot of wicked smart people,” Apple CEO Tim Cook said at a Q&A in Salt Lake City. “We look for grit and determination. We look for people that are curious, because many times you don’t really know what to do,...

Healthcare staffing and the upcoming election

What will the November election mean for the staffing industry? That will be discussed at the upcoming Healthcare Staffing Summit, along with other important issues, said Barry Asin, president of Staffing Industry Analysts. The event begins Nov. 8, election day, in Washington.

The Healthcare Staffing...

Temp staffing revenue decelerates in August, but new orders bounce back, survey says

US temporary staffing revenue rose a median 5% year over year in August among staffing firms taking part in Staffing Industry Analysts’ monthly Pulse Survey. This is down from a 6% growth rate reported in July.

“In August, temporary staffing revenue growth as a whole decelerated slightly, while five...

CorTech acquires MSI International

Staffing provider CorTech LLC acquired the assets of MSI International, a 48-year-old recruiting firm also based in Atlanta.

The transaction closed Sept. 30; it follows a joint venture agreement between the two firms signed earlier this year. Terms were not disclosed.

MSI will rebrand as “MSI International,...

Thumbtack raises $125 million in funding

Online staffing platform Thumbtack announced a $125 million investment.

The six-year-old online platform says it now has more than 200,000 paying professionals and millions of customers.

“When we attempted to raise our Series A in Fall of 2011, we got rejected — not once, not twice, but 42 times!”...

TriNet CFO to retire

Professional employer organization TriNet Group Inc. (NYSE: TNET) today announced VP and CFO Bill Porter plans to retire. 

Porter will remain in his current role as CFO until a successor has been named, and then continue in an operational role with the company as VP, office of the CEO, according...

ISM manufacturing index expands in September

Economic activity in the manufacturing sector expanded in September following one month of expansion in August, according to the Institute for Supply Management’s purchasing managers index for US manufacturing released today. September’s index reading was 51.5, up from August’s reading of 49.1%....

Why the best leaders want superstar employees to leave (Wall Street Journal)

When a stream of top performers moves on to better things, it usually hastens the flow of more top talent into the company, The Wall Street Journal reports. Sydney Finkelstein, the Steven Roth professor of management and director of the Tuck Center for Leadership at Dartmouth College, spent the past...