Wall Street Journal (03/27/14) Jonathan House; Ben Leubsdorf
Consumer spending in the fourth quarter of 2013 was stronger than previously thought, putting the economy in a good position ahead of the disruptions caused by recent snow storms. The U.S. gross domestic product grew at a 2.6% annual rate in the fourth quarter, according to the U.S. Department of Commerce. The growth rate was higher than the 2.4% previously calculated by the department but below economists’ estimate of 2.7%.
Buyers of a business generally expect sellers to be responsible for certain liabilities relating to when the seller owned its business—a concept mergers and acquisitions professionals refer to as indemnification. Indemnification is one of the most heavily negotiated, and potentially most significant, provisions of a purchase agreement, and understanding the terminology common to such agreements is essential when negotiating a deal. Attorney Paul Pincus of Ortoli Rosenstadt LLP explains what sellers are liable for, how a seller’s liability may be limited, and how buyers may seek to fund potential indemnity claims.
Bloomberg (03/27/14) Michelle Jamrisko
U.S. jobless claims fell 10,000 in the week ended March 22 to 311,000 from 321,000, according to the U.S. Department of Labor. Economists surveyed by Bloomberg had forecast 323,000 claims. The four-week moving average of claims declined to 311,750, the lowest level since September, from 327,250 a week earlier.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
Salespeople who overpromise—or even lie—to prospects can end up with damaged reputations. Find out why you should establish a culture of integrity within your staffing firm’s sales force during the ASAPro webinar “Principled Selling.” It takes place Thursday, April 3, 3–4 p.m. Eastern time.
All ASAPro webinars are free for ASA members, and most qualify for continuing education hours toward ASA certification renewal. To learn more and to register, visit americanstaffing.net.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
If you’re already a member, please sign in to read more.
Home