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Electronic Arts Cuts Jobs At Montreal Studio Less Than Two Weeks After CEO’s Resignation

Catherine Shu Techcrunch Electronic Arts is laying off staffers at its Montreal office in another round of job cuts. The news comes less than two weeks after CEO John Riccitiello resigned, citing the company’s financial underperformance. EA declined to tell…

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Foreigners are flooding the Japanese stock market

Sam Ro, Business Insider Japan’s efforts to stimulate the economy with aggressive monetary policy has sent the Japanese stock market surging as investors see it as a way to ride inflation. Below is a chart from Bloomberg BRIEF economist Michael…

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Ron Johnson failed at JCPenney because he misplayed the expectations game

Tim Calkins, Kellogg School of Management at Northwestern, Business Insider Ron Johnson is out at JC Penney. His seventeen month stint at the retail giant will go down in history as one of the great leadership fiascos of the decade….

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Congressional trips abroad [to Cayman Islands] continue despite sequester

By Elizabeth Flock US News Members of Congress and their staff have gone on multiple trips since House Speaker John Boehner announced last month congressional travel would be curbed as part of the sequester. Rep. Rob Bishop, R-Utah, and Rep….

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Economist Dean Baker: Wall Street is too optimistic

By Michael Kling Moneynews Wall Street is far too optimistic about prospects for an economic recovery, cautions Dean Baker, co-director of the Center for Economic and Policy Research in Washington, D.C. Look for the unemployment rate to remain essentially unchanged…

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Big government budget solution hiding in the Caymans

By Alec Sprague, South Bend Tribune The budget fights in both Washington, D.C., and Indianapolis are looking predictably ugly this year, and are shaping up along familiar lines: Do we raise taxes? Do we sink deeper in debt? Which programs…

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Cover me in caviar at this Grand Cayman spa

Amberly Mcateer, Seven Mile Beach, Grand Cayman — The Globe and Mail I had fancied myself a bit of a spa snob before entering the Silver Rain, a La Prairie Spa, at the Ritz-Carlton: I have had indulgent massages all…

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Tax havens start to reassess their business models

From The Economist Looking for a way back up (see caption) Will 2013 turn out to be an annus horribilis for the offshore financial world? Less than a month after the humiliation of Cyprus, a popular bolthole for Russia’s financial…

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Statement of the Office of the Contractor General Regarding the Award of Contracts to Construct / Repair and the Rental of Shops at the Spalding Market.

Kingston; April 15, 2013 – The Office of the Contractor General (OCG) wishes to advise the public that its Office initiated a formal Enquiry into the captioned matter from as early as March 6, 2013, pursuant to Sections 4,15 and…

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Why does no one speak of America’s oligarchs?

From Naked Capitalism One of the striking elements of the demonization of Cyprus was how it was depicted as a willing tool of Russian money launderers and oligarchs. Never mind the fact, as we pointed out, that Cyprus is not…