Infosys settles visa case; agrees to pay $34 million - The Hindu: "Leading software services exporter Infosys Ltd. announced on Wednesday that it has agreed to pay $34 million dollars to settle allegations about its alleged violations of U.S. visa regulations. The settlement with the U.S. Attorney’s Office for the Eastern District of Texas “resolves all issues with the U.S. Department of State, Immigrations and Customs Enforcement and the U.S. Department of Homeland Security,” the company said in a statement.
Infosys said allegations and investigations pertaining to I-9 “paperwork errors and visa matters” were the subject of investigation by the U.S. Federal agencies, the company said. The I-9 Form is used to ensure that employers “verify” employees’ identity and eligibility to work in the U.S. The company said the “errors” pertained to 2010-11. It claimed that the company started correcting the “errors” before the investigation commenced in 2011."
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Wednesday, October 30, 2013
Infosys settles visa case; agrees to pay $34 million: just a small cost of doing business the visabuse way
Tuesday, October 29, 2013
Not Waist-ed, but McSized
Cultural hang-ups about food are making us fatter - Life & Style | Trends, Tips, News & Advice | The Irish Times - Wed, Oct 30, 2013: "Somewhere between the McLibel Trial and Morgan Spurlock’s Supersize Me, McDonald’s became a shorthand for all sorts of societal ills: obesity, bad parenting, food poverty, corporate greed. But while it’s always nice to have a billion dollar company to blame for our children’s expanding waistlines, our obesity crisis isn’t all about fast food.
Yes, it’s hard to make the case for fast food as a nutritious alternative to baby rice. McDonald’s fries contain 15 ingredients, including salt and sugar, which is sprayed on to make the colour look more appetising. Some chicken nuggets are about half muscle, with the rest a mixture of fat, blood vessels and nerves, according to a recent study in the American Journal of Medicine."
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Monday, October 28, 2013
Caterpillar out of the bag
Caterpillar’s unsettling track record in Northern Ireland - Economic News | Ireland & World Economy Headlines |The Irish Times - Tue, Oct 29, 2013: "Forget for a moment that the 100 new jobs may have the potential to generate salaries of around £2.2 million and remember just how hard the loss of 750 jobs has hit local communities such as Larne, Springvale in Belfast and Monkstown.
Because Caterpillar is diversifying its production capabilities in the North into a new line of manufacturing, there is the hope that it will in time bring other new work to Northern Ireland, which will ultimately create more jobs.
But in the meantime, the
fact that Invest NI has offered Caterpillar £1.087 million of financial support and the North’s Department for Employment and Learning has also agreed to give it £220,000 towards the cost of the investment project just doesn’t sit right. Should you reward a global organisation for pulling out manufacturing jobs and relocating them, as Caterpillar moved those Northern jobs
to China?"
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Saturday, October 26, 2013
Starbucks- can't buck the Chinese press
Starbucks Is Expensive in China. Who Cares? - Bloomberg: "What did Starbucks Corp. ever do to the Chinese Communist Party?
That’s the question China’s latte-sipping set is asking in the wake of a now-notorious investigation, first aired on national television Sunday, that revealed -- among other examples of allegedly shameless profiteering -- that a tall latte costs about 45 cents more at a Starbucks in Beijing than it does at one in London, and that Starbucks’s profit margins in the Asia-Pacific region exceed those of any other in which the company operates.
The story has dominated China, with major international news media outlets subsequently picking up on it. The global interest is understandable: Starbucks claims to have more than 1,000 stores in China, and the company’s chief executive officer expects China to one day be Starbucks’s second-largest market."
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Wednesday, October 23, 2013
Rules of the Trade, retail Trade
Call to prevent retailers using Republic as secret ‘honey pot’ - Consumer News & Advice | Pricewatch, Money Advice | The Irish Time - Wed, Oct 23, 2013: "The committee accused large multiples and wholesalers of “exerting undue pressure on pricing” on producers and said that some were being coerced and bullied into funding promotions and discounts but were afraid to reveal how they were being “squeezed out of the market” by big retail chains out of concern that their products would be delisted.
“There are serious concerns that the current imbalance of power between suppliers and retailers is unsustainable in the long term and that the family farm structure and primary producers are being squeezed out of the market,” the reports says.
The committee expressed “serious concern” over “hidden costs arising from additional fees and market support initiatives” and said such practices should “not be tolerated” and called for heavy penalties to be introduced on a statutory basis for retailers “found to be engaging in illegal practices”."
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Tuesday, October 22, 2013
Let's drink tap water and celebrate this- a law which should have been implemented decades ago
Coalition to introduce minimum alcohol pricing in bid to fight abuse - Political News | Irish & International Politics | The Irish Times - Wed, Oct 23, 2013: "The introduction of a minimum price for alcohol will be the centrepiece of the Government’s national substance misuse strategy to be announced tomorrow.
Minimum pricing is one of a range of measures that will be unveiled by Minister of State at the Department of Health Alex White following agreement at the Cabinet yesterday.
One of the most controversial elements of the plan, a proposed ban on the sponsorship of sporting events by drinks companies from 2020, has been postponed after a battle between Mr White and key Fine Gael Ministers."
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Saturday, October 19, 2013
C Class in Brazil
Brazilians prepare to rage against state failures in World Cup summer | World news | The Observer: "There was a growth of people's income above the growth of GDP. Last year it was 7.9%, and the GDP grew 0.9%," Neri said. "So life inside people's houses is getting better, and outside is not getting better at the same velocity."
Friday, October 18, 2013
The Flight of Excess, Cisco Style
The CEO Of Cisco Bills The Company When He Flies In His Own Private Jet - Yahoo Finance: "Many big tech companies, like HP and IBM, keep fleets of private jets to fly their executives around in convenience, safety and style. But at Cisco, CEO John Chambers works it in reverse.
He owns his own jet and then he sends Cisco a bill when he uses it for work, which he presumably does a lot.
In 2013, he billed Cisco $2.8 million in jet expenses, according to forms filed with the SEC. Unlike car mileage, there doesn't seem to be an IRS standard when reimbursing for your private jet. Chambers just has to make sure that his expense rate isn't higher than what it would cost to hire a private chartered jet.
That's not hard to do. It will cost you $21,000 to charter a 4-passenger plane for an hour to fly from San Jose to L.A. on a JetSuite private charter (non-member rate).
Blogger Brad Reese calculates that since 2009, Chambers has billed Cisco $11.1 million in private jet expenses."
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Thursday, October 17, 2013
Protesting - is in itself a great value
Do protest films like Project Wild Thing change anything? | Film | The Guardian: "In the past month we've already had films on bees (More Than Honey), the internet and children (InRealLife), and climate change denial (Greedy Lying Bastards), not to mention WikiLeaks dramatisation The Fifth Estate – for those who didn't get enough from recent WikiLeaks documentary We Steal Secrets. Next week's issue doc is Project Wild Thing, in which film-maker David Bond embarks on a crusade to market "nature" to the iPad-fixated, outdoors-phobic youth of Britain. The irony of making a film to encourage kids to get outside more instead of watching films is not lost on Bond, and there is a sense that many other films in this category, in effect, do the same thing with grownups: gluing us to our seats with a pressing issue, then chiding us for not getting out of those seats and doing something. Could it be that documentaries are the problem as much as the solution? Are any of these films actually affecting the issues they're championing? And are any of us really watching them anyway?"
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Wednesday, October 16, 2013
Boehn(er)-headed definition of a good fight
Congress Set to End Fiscal Impasse as Boehner Concedes - Bloomberg: "House Speaker John Boehner said in a statement that Republicans won’t block the compromise.
“We fought the good fight,” Boehner, a Republican, said today on WLW, a radio station in his home state of Ohio. “We just didn’t win.”"
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Tuesday, October 15, 2013
English- Irish and American
The war of the words - Book News | Literature & Books Reviews & Headlines |The Irish Time - Wed, Oct 16, 2013: "Proceeding from the premise that Irish was vastly underacknowledged as a source of English words, he mined the mother tongue for a whole quarry-load of derivations: those of “dig”, and even “jazz” (from “teas”, meaning “heat”, he suggested)
included.
He was like a frontiersman, staking claims to the linguistic wilderness. And like many frontiersmen, he was soon under fire from counter claimants, his death in 2008 not entirely ending the conflict.
His book’s premise, at least, was beyond argument. Almost a century earlier, HL Mencken had expressed puzzlement at the paucity of acknowledged Irish loan words in English. “Perhaps shillelah, colleen, spalpeen, smithereens, and poteen exhaust the unmistakably Gaelic list”, Mencken wrote, exaggerating only a little."
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Monday, October 14, 2013
Forced student labour is central to the Chinese economic miracle | Aditya Chakrabortty | Comment is free | The Guardian
Forced student labour is central to the Chinese economic miracle | Aditya Chakrabortty | Comment is free | The Guardian: "You'll hear a lot of pieties about China this week. As George Osborne and Boris Johnson schlep from Shanghai to Shenzhen, they'll give the usual sales spiel about trade and investment and the global race. What they won't talk much about is Zhang Lintong. Yet the 16-year-old's story tells you more about the human collateral in the relationship between China and the west than any number of ministerial platitudes.
In June 2011, Zhang and his teenage classmates were taken out of their family homes and dispatched to a factory making electronic gadgets. The pupils were away for a six-month internship at a giant Foxconn plant in the southern city of Shenzhen, a 20-hour train ride from their home in central China. He had no say in the matter, he told researchers. "Unless we could present a medical report certified by the city hospital that we were very ill, we had to go immediately.""
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Sunday, October 13, 2013
Poor Literacy Rates...great article
Are poor literacy rates caused by laziness … or bad film titles? | Bridget Christie | Comment is free | The Guardian: According to a really expensive study carried out by Noel Edmonds' Sky1 quiz programme Are You Smarter Than a 10 Year Old?, millions of English adults cannot read, write or add up better than primary-school children. Furthermore, one in six adults can only just about decipher a menu (the type you find in a greasy-spoon cafe, not one of Heston Blumenthal's – even Heston can't read those). But even if they can order an egg, because it only has three letters in it, they still don't understand quantities. Jeremy Hunt, the health secretary, asked Edmonds if this was why we were all so fat and a drain on the NHS, and Noel said it was, yes. Hunt smirked, and then they went off to bounce on the trampoline for a bit because all the swings were taken.
Saturday, October 12, 2013
Improvement in Irish Economy: Depends on who you ask
ECB president praises Ireland’s efforts to repair public finances - Irish Economy News & Headlines | The Irish Times - Sat, Oct 12, 2013: "European Central Bank president Mario Draghi has praised Ireland’s efforts to repair its public finances and banking sector saying that the country has improved “on all fronts” since the financial crisis.
Mr Draghi declined to comment on whether Ireland would require a precautionary credit line, similar to an overdraft facility, when it exits the EU-IMF bailout programme at the end of the year.
“I don’t want to comment on this specific issue because it just being discussed by the relevant authorities,” he told reporters at the annual meetings of the IMF and World Bank in Washington."
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Taking government hostage- Note the "Right" angle
Republican Hostage Game Has Only Just Begun - Bloomberg: "Meanwhile, there is no reason to believe Republicans will be chastened by the debacle they have brought on themselves. The party appears to have no expectation of seeing the inside of the White House anytime soon, as evidenced by its hunkering down into a congressional and regional resistance. The political dynamics that encourage Republican extremism aren't abating, and have deep roots. Congressional Republicans, wrote Ron Brownstein, are channeling "the bottomless alienation coursing through much of the GOP's base."
In an essay on the same theme, Tom Edsall wrote, "The depth and strength of voters’ conviction that their opponents are determined to destroy their way of life has rarely been matched, perhaps only by the mood of the South in the years leading up to the Civil War."
Republicans are too dysfunctional and splintered to produce much viable legislation, and the next presidential election is not only three years away but potentially out of reach to all but Hillary Clinton. For a party blistered by grassroots rage and struggling to achieve parity under traditional political norms, political extortion will remain a tempting shortcut to power."
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Thursday, October 10, 2013
EU Migration, more for jobs, less for benefits
Jobs not ‘benefit tourism’ the reason migrants move around EU, says report - European News | Latest News from Across Europe | The Irish Times - Fri, Oct 11, 2013: "There is no evidence EU citizens who move to another member state are “more intensive users” of social welfare than nationals of that member state, a study commissioned by the European Commission has found.
The report, which will be published in the coming days and has been seen by The Irish Times, is likely to reignite the debate about so-called “benefit tourism” – people moving to another country to receive social benefits rather than to work.
The UK has raised concerns about migrants’ access to benefits, with David Cameron pledging to put the issue at the heart of his planned “renegotiation” of the relationship with the EU. "
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Wednesday, October 09, 2013
Dumb or <> ?
Are Americans dumb? No, it's the inequality, stupid | Sadhbh Walshe | Comment is free | theguardian.com: "Are Americans dumb? This is a question that has been debated by philosophers, begrudging foreigners and late night TV talk show hosts for decades. Anyone who has ever watched the Tonight Show's "Jaywalking" segment in which host Jay Leno stops random passersby and asks them rudimentary questions like "What is Julius Caesar famous for?" (Answer: "Um, is it the salad?") might already have made their minds up on this issue. But for those of you who prefer to reserve judgement until definitive proof is on hand, then I'm afraid I have some depressing news. America does indeed have a problem in the smarts department and it appears to be getting worse, not better.
On Tuesday, the Organization for Economic Co-operation and Development (OECD) released the results of a two-year study in which thousands of adults in 23 countries were tested for their skills in literacy, basic math and technology. The US fared badly in all three fields, ranking somewhere in the middle for literacy but way down at the bottom for technology and math."
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Tuesday, October 08, 2013
Reform is not abstract: misgovernment does real, tangible harm to our citizens - Oireachtas News Updates | The Irish Times - Tue, Oct 08, 2013
Reform is not abstract: misgovernment does real, tangible harm to our citizens - Oireachtas News Updates | The Irish Times - Tue, Oct 08, 2013: "These three vignettes point to an executive that is both sloppy and arrogant; a system of delivery of public services and of public administration that struggles with basic ideas of responsibility and accountability; and a justice system that has repeatedly failed to ensure that wealthy people who wreak havoc with other people’s lives do not enjoy impunity. We can add the acknowledged failure of parliament to be, in the Government’s own words, more than “an observer of the political process”. These multiple levels of misgovernment inflict immense, tangible damage on citizens. Only a genuine, coherent, multi-layered “democratic revolution” that puts citizens in charge of their own republic can prevent that harm from continuing."
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Sunday, October 06, 2013
Congress and President: Crooks, Liars and Gamblers
It is amazing to see the shenanigans in politics. First, the Congress and President create a crisis over the funding of the budget, leading to a furlough. Of course, the MOCs (Members of Congress) and Pres. are collecting their paychecks and getting their health insurace, no questions asked.
Now, these blighters want to pay the furloughed workers when they have not been working. So the policy is- first make people jobless, then pay them for taking their jobs away. Neither party is concerned that this adds to the deficit, just like the Congressional salaries.
If a federal worker knows that he/she will get her pay retroactively, what is the incentive to work? Much better if the furlough lasts long and extends widely, no work and money for free.
US House passes bill to retroactively reimburse furloughed workers | World news | theguardian.com: "The House of Representatives on Saturday passed another piecemeal bill, to make sure federal workers furloughed under the current government shutdown will be reimbursed for lost pay once government reopens.
The White House backs the bill and the Senate is expected to approve it too, though the timing is unclear. The 407-0 vote in the House was uniquely bipartisan, even as lawmakers continued their partisan rhetoric.
"This is not their fault and they should not suffer as a result," Elijah Cummings, a Democrat representative from Maryland, said of federal workers. "This bill is the least we should do. Our hard-working public servants should not become collateral damage in the political games and ideological wars that Republicans are waging.""
Sugar high- prices, that is...Holding the sugar drink vendors responsible for the health problems they create
Doctors seek 20% hike in tax on sugary drinks - Health News | Irish Medical News | The Irish Times - Sun, Oct 06, 2013: "Doctors have demanded a 20 per cent tax hike on sugar sweetened drinks in the upcoming budget to tackle the obesity epidemic.
The Royal College of Physicians of Ireland (RCPI) also called for a review of how sugary drinks are promoted and the effect their consumption has, particularly by children.
Professor Donal O’Shea warned they provide no nutritional benefits but are linked with weight gain.
“With one in four Irish schoolchildren classified as overweight or obese, we have an epidemic and the Government must take action,” said the hospital consultant."
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Saturday, October 05, 2013
Lessons to be learnt from the Irish
Tough financial times for colleges and Universities in the U.S. ELmhurst College, where this author works, has been running a deficit for nearly five years.
Ireland has many problems, but it is refreshing to see the obvious being stated publicly.
‘Ireland has too many universities’ - Glen Dimplex chairman - Education News | Primary, Secondary & Third Level | The Irish Time - Sat, Oct 05, 2013: "Ireland has too many universities and needs a more disruptive approach to education, the chairman and CEO of Glen Dimplex has said.
Speaking today at the Global Irish Economic Forum, Sean O’Driscoll also said Ireland needs to redefine the role Institutes of Technology play in education.
“We have too many universities and we need to pick the winners and the losers.”
“We need to redefine the role of ITs. They should not be quasi-universities. ITs should be about apprenticeships and internships.”
Wednesday, October 02, 2013
Guardian- a paper that guards our future, needs to be guarded
It's far from clear whether charging for content offers more sustainable profits than giving it away and earning more from ad sales. If The Guardian, whose first front page featured an ad for a lost dog, can sustain its digital growth, it will offer a strong argument in favor of free news.
One advantage the paper has is its strong ties to the public sector. For years, the print version earned much of its profit from classified job listings by government agencies, according to investment bank Panmure Gordon. Following years of government spending cuts since the Conservative/Liberal Democrat coalition came to power in 2010, there are signs of a revival."
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The Most Valuable Brands in America, 2000 to 2013 - Businessweek
The Most Valuable Brands in America, 2000 to 2013 - Businessweek: "Coca-Cola (KO) has been dethroned by Apple (AAPL) from its long-running position as the world’s most valuable brand, according to the closely watched Interbrand Best Global Brands survey. The soft drink giant had held the No. 1 ranking for 13 consecutive years but fell to No. 3 in this year’s study by the consulting firm. Interbrand (OMC) values the Apple brand at about $98 billion, and other tech companies such as Google (GOOG), IBM (IBM), and Microsoft (MSFT) finished in the top five.
Here’s a look at the twists and turns of the top 10 brands in the Interbrand study, which analyzes a brand’s financial strength and influence, going back to 2000:
"
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Tuesday, October 01, 2013
Reform - the need of the hour
Say No to Seanad abolition and the Coalition’s reform charade - Oireachtas News Updates | The Irish Times - Tue, Oct 01, 2013: "In itself, the abolition of an absurd second chamber can be seen as an act of political slum clearance. But in the larger context we are being asked to agree that the space thus cleared – the space where real democratic renewal should be – should be left vacant.
For myself, I will be doing what Breda O’Brien has suggested: putting an X beside the No box and writing the single word “Reform” neatly on the bottom of the paper.
If a returning officer decides that this is a spoiled vote, so be it. That, in itself, would be an eloquent and honest statement: reform is an impermissible word."
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