Monthly Archives: March 2011

March 29 (Bloomberg) — EBay Inc. Chief Executive Officer John Donahoe is stepping up an effort to woo big retailers and challenge Amazon.com Inc. through the $2.4 billion acquisition of GSI Commerce Inc., his largest takeover yet. The purchase will … Continue reading →

Goose Island Beer Co., the Chicago-based brewing powerhouse, announced this morning that it will be taken over by Anheuser-Busch (A-B) for $38.8 million. Goose Island, whose legal name is Fulton Street Brewery LLC, is selling a 58 percent stake in … Continue reading →

From the Huffington Post… First, the college sent a letter. It welcomed Curtis Andrews, Ed.D, Ph.D, to its adjunct faculty. A few days later, the emails about faculty orientation sessions and department meetings started arriving in Andrews’ email inbox. But … Continue reading →

Gap is promoting their new site on their facebook page called Gapmyprice.com. This allows customers to name their price on different types of clothing. The “Lets Make a Deal” button takes users to a separate page where they can select … Continue reading →

KatyW. Walmart on Pace to Create 10,000 Jobs in Chicago by 2015 Retailer announces two new stores in underserved West Englewood community; Multi-format approach now includes Supercenter, Walmart Market & Walmart Express™ CHICAGO, March 16, 2011 /PRNewswire via COMTEX/ — … Continue reading →

If employees aren’t motivated, it’s poor management that is to blame, a new survey suggests. The poll of human resources managers at 368 Canadian companies found 69 per cent consider low employee engagement a major issue in their organization. And … Continue reading →

U.S. Postal Service officials say a district office in suburban Chicago will close and 134 jobs will be eliminated. The move is part of an effort to save about $750 million annually. Several district closures nationwide are expected. Postal service … Continue reading →

Tellabs Inc. plans to lay off 60 employees by April 1 as part of a broader restructuring aimed at refocusing the Naperville-based company on data-based telecommunications equipment. Those losing their jobs are the last of 300 workers that Tellabs said … Continue reading →

WASHINGTON — The U.S. labor market is finally improving, just when many of the other economic indicators are wavering. Jobs are considered a lagging indicator. They typically recover many months after the economy comes out of a recession, and this … Continue reading →

“The book industry thinks its digital transformation is happening even faster than it did with music and movies. The executive of Barnes & noble Marc Parrish discussed the rapid changes in the book publishing industry and because of research from … Continue reading →