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Korn/Ferry: Net loss lower than first reported

June 29, 2009

Korn/Ferry International Inc. (NYSE: KFY), the Los Angeles-based executive search firm, released amended fourth-quarter results today that reflect a lower net loss. The amended results came as the company corrected compensation and benefit expenses. The company posted a net loss of $17.2 million...


Hudson Highland clarifies report

June 29, 2009

The Hudson Highland Group Inc. (NASD: HHGP) clarified a report by the Dow Jones News Service saying demand had risen 15% for its temporary workers. The company said the figure was in reference to the increase in the number of legal contractors on billing serving its U.S. clients since the beginn...


Contract watch - InGenesis, Action Staffing

June 26, 2009

InGenesis wins $110 million Army dental staffing contract. Action Staffing announced it received Colorado state contract. InGenesis Medical Staffing, a San Antonio-based healthcare staffing firm, announced it landed a five-year contract with the U.S. government to provide an estimated 270 dentis...


Economic index returns to positive after 22 months

June 26, 2009

The Economic Cycle Research Institute's weekly leading index measuring the U.S. Economy returned to positive territory. Weekly leading index "growth has broken into positive territory for the first time in over 22 months - an affirmation that an end to the recession is at hand," said Lakshman Ac...


Economic index returns to positive after 22 months

June 26, 2009

The Economic Cycle Research Institute's weekly leading index measuring the U.S. Economy returned to positive territory. Weekly leading index "growth has broken into positive territory for the first time in over 22 months - an affirmation that an end to the recession is at hand," said Lakshman Ach...


Contract watch - InGenesis, Action Staffing

June 26, 2009

InGenesis wins $110 million Army dental staffing contract. Action Staffing announced it received Colorado state contract. InGenesis Medical Staffing, a San Antonio-based healthcare staffing firm, announced it landed a five-year contract with the U.S. government to provide an estimated 270 dentist...


Northwestern hit with $200 million misclassification suit

June 26, 2009

Former sales representatives filed a class-action lawsuit against Northwestern Mutual Life Insurance Company seeking $200 million in damages claiming they were misclassified as independent contractors and were denied minimum wage and overtime. The lawsuit, filed Thursday, said Northwestern Mutua...


Northwestern hit with $200 million misclassification suit

June 26, 2009

Former sales representatives filed a class-action lawsuit against Northwestern Mutual Life Insurance Company seeking $200 million in damages claiming they were misclassified as independent contractors and were denied minimum wage and overtime. The lawsuit, filed Thursday, said Northwestern Mutual...


Attorney discusses ENDA preparation

June 25, 2009

Employers will need to take steps to ensure they are in compliance with the Employment Non-Discrimination Act (ENDA) if it passes Congress, Robert Nobile of law firm Seyfarth Shaw LLP said in a statement released this week. Rep. Barney Frank, D- MA, introduced H.R. 2981 to prohibit employment dis...


Attorney discusses ENDA preparation

June 25, 2009

Employers will need to take steps to ensure they are in compliance with the Employment Non-Discrimination Act (ENDA) if it passes Congress, Robert Nobile of law firm Seyfarth Shaw LLP said in a statement released this week. Rep. Barney Frank, D- MA, introduced H.R. 2981 to prohibit employment di...