Information technology services industry
Mountain Lakes, N.J.-based Computer Horizons Corp. has announced that the Supreme Court for the State of New York has denied Crescendo Partners' request for an immediate injunction to block the merger with Analysts International, and has set a hearing date for August 30, 2005. The company'
Information technology services industry
Generic drug makers, led by Alpharma Inc., have emerged victorious in a patent case involving the epilepsy drug Neurontin, with a federal court ruling declaring non-infringement. This ruling may have significant implications for the drug industry, as it sets a precedent for generic drug makers to challenge patents for popular
Information technology services industry
Akamai Technologies, a global leader in content delivery, is set to introduce a Web traffic report that offers a real-time look at news consumption globally. The Akamai Net Usage Index for News will provide a comprehensive view of how the internet is used for news, allowing consumers, online journalists, and
Information technology services industry
As corporate America increasingly shifts towards online travel booking, traditional travel agencies and travel managers are facing a challenge to their livelihood. With the growing market share of online travel management companies, such as Expedia Corporate Travel, Orbitz for Business, and Travelocity Business, the role of travel managers is becoming
Information technology services industry
Fearful passengers who alerted the cabin crew when a wing of their plane was damaged at Vancouver airport received no compensation for the 16-hour delay, despite being forced to sleep in a conference room. The incident occurred when a MyTravel Airways Airbus A330-200 aircraft, taxiing towards the runway, struck a
Information technology services industry
HSBC has been named the best sub-custodian bank in the Middle East for 2005 by Global Finance magazine. The Saudi prince Alwaleed bin Talal has sold 41% of his investment in Canary Wharf, London's second financial district, and has retained 41m shares worth $101.8m. Almarai, a Saudi
Information technology services industry
Small business owners in the US are increasingly relying on online hiring sites to find qualified employees, with over 65% of them using these platforms when searching for new talent. According to a recent poll conducted by SBTV.com, a leading online television network focused on small business news and
Information technology services industry
Monster Worldwide, Inc. has released its Second Quarter 2005 Monster Employment Index report, examining online hiring activity and key trends for the months of April, May, and June 2005. According to the report, the data has been validated for accuracy through independent, third-party auditing conducted by ARC Research, a Cranford,
Information technology services industry
Reuters' chief executive, Tom Glocer, unveiled a new strategy, "Core Plus," which promises revenue growth of 3 percentage points more than previously forecast by 2008. The plan involves investments of £85 million between 2005 and 2007 and £170 million in restructuring costs between 2005 and 2008, which
Information technology services industry
Wal-Mart Stores Inc. hopes to narrow the gap with Carrefour and other retailers in China's vast market, posting double-digit sales growth this year. The company plans to double its outlets by the end of 2006, with 55 stores already planned for this year and 90 by the end
Information technology services industry
Mark Stoever, a 20-year veteran of the consumer Internet industry, has joined Monster Worldwide as Senior Vice President and General Manager of Consumer Business. Stoever brings a proven track record of developing consumer internet properties and driving online revenue to Monster, where he will oversee the general management and growth
Information technology services industry
The University of Phoenix will hold the largest commencement ceremony in history for an online university, with a class of 3,900 students from around the world set to graduate in July. The three-day ceremony will take place at the America West Arena, with students requiring three separate events to
