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iGate receives notice of delisting

July 20, 2009

  Nasdaq issued a deficiency letter to iGate Corp. on July 15, indicating that the company fails to comply with the majority independent board requirement for continued listing. The company intends to regain compliance with the requirement that its board of directors have a majority of independe...


Leading index up 0.7%

July 20, 2009

The Conference Board reported its U.S. leading index of economic indicators rose for the third consecutive month in June by 0.7% to 100.9. With these gains, its six month growth has picked up to the highest rate since the first quarter of 2006.  Seven of the ten indicators that make up the b...


Part-time work up by a third in the U.K.

July 20, 2009

A large number of firms in the U.K. are turning to shorter hours in an attempt to avoid layoffs, according to a report filed by our Western European edition of Daily News. The report cites latest figures from the U.K. Office for National Statistics that 927,000 individuals are working less than...


iGate receives notice of delisting

July 20, 2009

Nasdaq issued a deficiency letter to iGate Corp. on July 15, indicating that the company fails to comply with the majority independent board requirement for continued listing. The company intends to regain compliance with the requirement that its board of directors have a majority of independen...


AMN to close additonal offices, incur restructuring costs

July 20, 2009

AMN Healthcare Services Inc. (NYSE: AHS) reaffirmed its previously issued guidance that the company's consolidated revenue for the quarter ended June 30 is expected to decline sequentially by about 20%, the company reported in an SEC filing Friday. The company also said it will close more office...


Staffing firm pleads guilty to false statements

July 20, 2009

Patriot Services Inc. and its owner/president, Stephanie Blackmon, have each agreed to plead guilty to a one-count charge filed Friday in U.S. District Court in Kansas City, of making a false statement to the Small Business Administration (SBA).   Patriot supplies temporary staffing services...


Part-time work up by a third in the U.K.

July 20, 2009

A large number of firms in the U.K. are turning to shorter hours in an attempt to avoid layoffs, according to a report filed by our Western European edition of Daily News. The report cites latest figures from the U.K. Office for National Statistics that 927,000 individuals are working less t...


SI Report honored for excellence

July 20, 2009

Staffing Industry Analysts, the nation’s premier research and analysis firm covering the contingent workforce, announced today that its Staffing Industry Report newsletter received the Gold 2009 Azbee Award for general excellence in the newsletter category. Additionally, the newsletter won Bron...


Staffing firm pleads guilty to false statements

July 20, 2009

Patriot Services Inc. and its owner/president, Stephanie Blackmon, have each agreed to plead guilty to a one-count charge filed Friday in U.S. District Court in Kansas City, of making a false statement to the Small Business Administration (SBA).  Patriot supplies temporary staffing services to v...


Minimum wage rising to $7.25

July 17, 2009

The federal minimum wage will rise to $7.25 an hour on July 24. The U.S. Department of Labor reported the increase will take effect in 30 states that either don't have a minimum wage or the state minimum wage is below the new federal level. Presently, the federal minimum wage is $6.55 an hour. T...