COMPANIES

How to sell your HR and salary budget

The passage of your HR budget through the annual Budget Review process is often a better indicator of the company's real endorsement of strategic HR than any document you could persuade the CEO to sign.
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Sony Playstation back online In US, EU

Japan's Sony Inc has resumed the partial operations of its leading PlayStation Network and Qriocity entertainment services in the U.S. and Europe after more than three weeks that they were attacked by hackers, the company said in a statement.

Work and stress: An unhealthy association?

Work is an important component of adult life. Australians spend on average 64 hours per week doing it. Despite it being such an important and large part of our adult life, people experience a range of problems and impacts related to work, including stress.

Leighton reports Q3 loss but expects solid 2011/12 results

Leighton Holdings Ltd (ASX: LEI) today announced a loss after tax of $382m for the nine months to 31 March 2011 from total revenue of $13.8bn. The company said it expects to report a loss after tax of $427 million for the 2010/11 financial year.

ACCI declares large wage upsurges would hurt small industries

Another huge wage increase is expected to destabilize the struggling sector of small businesses in the face of federal budget warnings of a patchwork economy. This shall be the argument of the Australian Chamber of Commerce and Industry or ACCI in the succeeding national wage trials this week.

Coles and Woolies in false fruit labelling pickle

Supermarket giants Coles and Woolworths have been taken to task over dodgy origin labelling, after an investigation by the NSW Food Authority revealed that two stores were selling mislabelled fruit The incident marks the first time Coles and Woolworths have been fined for Country of Origin labelling breaches, and both have been placed on the NSW Food Authority's Name and Shame register.

Google again leads U.S. search engine rankings

Google led the explicit core search market in the United States in April with 65.4 percent of search queries conducted, according to comScore, Inc. (NASDAQ: SCOR). Yahoo! and Microsoft took the second and third spots with 15.7 percent and 13.9 percent of the U.S. market, respectively. Ask Network had 3.1 percent of the searches while AOL, Inc., was fifth with 1.6 percent.

U.S. Justice Dept. Sues to Stop VeriFone-Hypercom Deal

The U.S. Department of Justice filed a civil antitrust lawsuit May 12 to block the proposed acquisition by VeriFone Systems Inc. (NYSE:PAY) of Hypercom Corp. (NYSE:HYC) The department said that the proposed deal would substantially lessen competition in the sale of point-of-sale (POS) terminals in the United States, resulting in higher prices and reduced innovation, quality, product variety, and service.

Yahoo left in dark in Alibaba's latest move

Yahoo Inc. (YHOO) said Thursday it was notified just two months ago that Alibaba Group had moved ownership of an online-payment unit to a separate entity in August last year without approval or knowledge of Alibaba's board or shareholders.

BHP meets Olympic Dam concerns

Resource giant BHP Billiton (ASX: BHP) says it has met all concerns raised over its planned expansion of the Olympic Dam uranium and copper mine.

Ivernia gets lifeline for West Australia's Magellan Mine

Ivernia Inc. (TSX: IVW), owner of the Magellan Mine in Western Australia, said that it has entered into an agreement for Green SEA Resources Inc. to pay Canadian $20 million (A$19.5 million) in exchange for a 16% stake in the owner of the world's largest pure lead mine.

Daily deals site Groupon launches in NZ

Groupon, the group buying site that features a daily deal on the best stuff to do, eat, see and buy in more than 500 markets around the world today announced its launch of the Groupon New Zealand, which began offering deals on May 10, 2011.

Australia's Bluescope warns of loss due to forex

BlueScope Steel Ltd. (BSL), Australia's largest steelmaker, announced today that it will report a full-year loss as the strengthening Australian dollar cuts the price of competing imports and the value of offshore earnings.

Upgrades Follow Westfield Update

A stronger Australian dollar has been impacting on earnings for Westfield Group but a quarterly trading update yesterday suggests this is being countered by lower debt costs.

Lady Gaga Invades Zynga's Farmville

American pop star Lady Gaga has invaded the virtual farms of Farmville and has her own GagaVille to promote her singles included in her album "Born This Way," online games producer Zynga has announced.

NZ Court Penalizes Qantas

A New Zealand court has ordered Australian airlines Qantas to pay fines worth NZ$6.5 million for fault of price fixing, records showed.

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