Adecco, the world’s largest staffing firm, now has six weeks to either make a formal offer for British rival Michael Page or walk away and leave the company in peace for at least six months.
White-collar staffing firm Michael Page has so far rejected informal offers from Adecco, which would value the group at 1.3 billion pounds, and […]
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Dick Cheney was right when he said “deficits don’t matter” — but only from a political standpoint, says Joseph Brusuelas, chief economist at Merk Investments. Although interest rates remain historically low, Brusuelas says deficits definitely d
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Singapore’s Temasek made clear how bullish it is on Merrill Lynch in a Bloomberg TV interview, expressing great confidence in CEO John Thain. The news service reported that the Singapore wealth fund has U.S. clearance to raise its stake in the brokerage to as much as 14 percent. That would be worth roughly $1.7 billion […]
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From All Things Digital, Aug. 29, 2008: If you’re the owner of an iPhone 3G and you haven’t already updated to the iPhone 2.0.2 firmware, do so today–for your sake and that of all iPhone 3G owners. Why? Well, according to sources at AT&a
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The federal government should ditch the hybrid structure of mortgage giants Fannie Mae and Freddie Mac and fully back them with taxpayer funds, said New Jersey governor Jon Corzine, former CEO of Goldman Sachs.
“I don’t think we can continue with the schizophrenic view that we have today, sort of part public company, part private company, […]
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From Silicon Alley Insider, Aug. 29, 2008: Microsoft is paying $486 million for Greenfield Online, which runs an Internet survey businesss and Ciao, a European comparison shopping engine. Redmond plans on immediately selling off the survey business to an
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PE Hub’s Dan Primack writes:
Mitt Romney is probably just days away from being named John McCain’s running mate, and the Democrats are already taking shots based on his time running Bain Capital. During a press conference earlier today in Denver, Obama campaign manager David Plouffe referred to the former buyout kingpin as a “job killing […]
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Lost a bit amid vacations, stay-cations and the Democratic convention, a series of reports this week have shown the U.S. economy to be in not as terrible shape as many believed.A trio of reports Monday and Tuesday showed some
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