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Social Media A Big Part Of Hiring Process

CHICAGO (UPI) — Social media Web sites are playing a significant role in the hiring process in U.S. companies, a national survey of hiring personnel found. In a survey of 2,303 respondents, conducted by Harris Interactive from Feb. 9 through March 2, 37 percent of respondents indicated their companies used social Web sites to check […]

Mortgage Activity Climbs In Week

WASHINGTON (UPI) — The Mortgage Bankers Association said U.S. mortgage activity rose in the week ending Friday, as interest rates dropped. Mortgage activity increased 6.9 percent in the week. The trade group’s Refinancing Index also rose, jumping 13.5 percent from the previous week. Interest rates for 30-year, fixed-rate conforming mortgages fell from 4.43 percent to […]

Internet Ads Generated $31 Billion In 2011

NEW YORK (UPI) — Internet advertising revenue soared in 2011, hitting $31 billion, a trade group based in New York reported Wednesday. The Internet Advertising Bureau said revenues for ads rose 22 percent over 2010, putting revenues at a record high two years running. The report on the industry was prepared by accounting firm PricewaterhouseCoopers. […]

Builder Confidence Backslides

WASHINGTON (UPI) — Confidence among U.S. building contractors slipped in April for the first time in seven months, a national housing market index indicated. The National Association of Home Builders/Wells Fargo Housing Market Index was unchanged in March, but fell 3 points to 25, the trade group said. The break-even point on the index is […]

Dartmouth President Heads To World Bank

WASHINGTON (UPI) — Directors of the World Bank in Washington named Dartmouth College President Jim Yong Kim their next director with a five-year term beginning in July. Kim, a doctor, is a co-founder of Partners in Health and a former director of the Department of HIV/AIDS at the World Health Organization. He has also taught […]

Business Travel: Fewer Trips, More Spent

ALEXANDRIA, Va. (UPI) — The U.S. business traveler is not getting around quite as often as he or she used to, a Global Business Travel Association study indicates. The study said business travelers are traveling less frequently, which has forced them to stay longer on business trips to get more work done. The group reported […]

Industrial Production Flat In March

WASHINGTON (UPI) — Industrial production was flat in March for the second consecutive month, the U.S. Federal Reserve said Monday. Production in manufacturing, mining and utilities last moved in January when it was up 0.4 percent compared to December. For the first quarter of 2012, production was up 5.4 percent on an annual basis. In […]

Housing Starts Dropped In March

WASHINGTON (UPI) — New home construction starts in the United States fell 5.8 percent February to March, the Commerce Department said Tuesday. Housing starts dropped to a seasonally adjusted annual rate of 654,000, compared with a revised figure for February of 694,000. The rate of single-family housing starts in the month was 462,000, which was […]

More Resignations Than Layoffs In February

WASHINGTON (UPI) — There’s a new sign of confidence in the U.S. economy — in February more people quit than were laid off for the first time in several years. The U.S. Labor Department reported in its Jobs Turnover and Labor Survey that 51 percent of those who left jobs resigned, CNBC reported. That’s up […]

Doctors: No More McDonald’s In Hospitals

BOSTON, Md. (UPI) — A group of doctors has called on the administrators of 22 hospitals in the United States to remove McDonald’s restaurants from their facilities. The nation’s top pediatricians, cardiologists and child psychologists have joined Corporate Accountability International to pressure hospital administrators to end contracts with the fast-food restaurant, the Boston-based organization said […]

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