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4 Materials Stocks Being Snapped Up by Insider Executives

Sat, 12/04/2010 - 10:09 by Eben Esterhuizen

 In just five years time, gold has tripled in price, hovering near and above record highs throughout the month of October. Following a slight correction in November, the metal is on the move once again, rallying on European debt crisis concerns. When you add to that the U.S. dollar's debasement by the Fed's stimulus measures, the rush to gold is certainly understandable.

 

Man surfs for 26 straight hours

Tue, 11/23/2010 - 07:11 by Prince damin

San Clemente, Calif. -- A California wave rider set a world record by surfing for 26 consecutive hours, his employer said.

Surf gear maker Michael Figueroa said his employee, Bill Laity, 37, of San Clemente, broke the previous Guinness World Record of 24 hours by surfing for a full 26 consecutive hours off the Huntington Beach Pier with 5 minute breaks per hour, The Orange County (Calif.) Register reported Monday.

Figueroa said Laity braved wind and rain during his attempt, which ended Sunday at 9:26 a.m.

The attempt is being submitted to Guinness.

Copyright 2010 United Press International, Inc. (UPI).

Store apologizes for Twitter row

Thu, 10/21/2010 - 23:07 by Prince damin

New York -- Representatives of a New York grocery store apologized after a worker contacted a customer's employer due to negative comments on Twitter.

Jonathan Hoster, a senior admissions officer at Syracuse University, said he posted on his Twitter account about the bare produce aisles at Price Chopper and compared the store unfavorably to competitor Wegmans, leading employee Ameerah Cetawayo to reply on Twitter and use her official corporate e-mail to contact Hoster's employers about his "destructive and negative" behavior, ABC News reported Thursday.

700 workers abandoned in Dubai

Wed, 09/01/2010 - 01:57 by Prince damin

Dubai, United Arab Emirates -- Hundreds of workers in Dubai, United Arab Emirates, have been abandoned by their employer and left to live in squalor and filth, a source told Gulf News.

As many as 700 employees of Saqr Engineering and Contracting, some of whom say they have not been paid for eight months, have been abandoned in two labor camps in an industrial area of Dubai with backed up toilets and without fresh water or electrical power, the newspaper said.

The chairman of the company has "fled the United Arab Emirate, leaving me and these workers in trouble," said a silent partner, who requested anonymity.

The workers are from Nepal, Pakistan, India, Bangladesh and the Philippines.

Embezzler gets 21 years house arrest

Fri, 08/13/2010 - 10:01 by Prince damin

Norristown, Pa. -- A Philadelphia-area woman who admitted stealing almost half a million dollars from her employer has been sentenced to 21 years in the house.

Under the sentence imposed Wednesday, Lanette Sansoni, 40, can leave her Warminster home only to go to work or to look for a better paying job, The Delaware County Times reported. The sentence was requested by the owners of JRS Settlement Services Inc., which had to close down because of Sansoni's embezzlement.

The owners said they would rather have restitution than see Sansoni in prison. Montgomery County Judge Joseph Smyth based the length of the house arrest on how long it would take Sansoni, who has already returned about half the money, to repay the rest at $750 a month.

Interview Tips for Employers

Wed, 12/30/2009 - 15:57 by Ishita Sood

An interview offers an opportunity to evaluate and know about a prospective employee. It helps to explore a potential candidate’s motivation level, ability to work in a team, and other personal traits.

Every business should know what it wants from a prospective employee and conduct interviews accordingly. I would suggest a few points here which must always be kept in mind.

It is a good idea to be prepared before interviewing any shortlisted employee. Keeping the interviews on the same day is a good idea as it saves lot of time and effort.

Employee Retention Amid Recession

Wed, 12/23/2009 - 16:05 by Ishita Sood

While a small business, seeing red in the recession, might already be shortlisting the dubious employees and making plans accordingly, these are actually the best times to strengthen relationships with employees.

The recession is a time of mounting unemployment, mourning workers, costly training and low profits—a time when employee retention is of critical importance.