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Labor & Employment

  • NRF welcomes repeal of tax provision in healthcare law

    WASHINGTON -- The National Retail Federation announced that it welcomed the House of Representatives' vote to repeal a provision in last year’s healthcare reform law that would widely expand the number of IRS 1099 tax forms businesses would be required to file.

  • Unemployment rate dips to 8.9%

    The unemployment rate dipped from 9.0% in January to 8.9% in February, according to data released Friday morning by the Bureau of Labor Statistics.

    Construction employment grew by 33,000 in February, following a decline of 22,000 in January that may have reflected severe winter weather, according to the bureau. Within construction, specialty trade contractors accounted for the bulk of the February job gain (+28,000).

  • Prestige appoints new VP operations

    IRVINGTON, N.Y. — Prestige Brands on Friday named Paul Hennessey VP operations.

    “[Hennessey’s] background in over-the-counter consumer products is a terrific match for our company,” stated Prestige president and CEO Matthew Mannelly. “As we continue to grow and become even more customer and consumer focused in OTC, [Hennessey’s] leadership skills and extensive experience in supply chain manufacturing will serve our brands and our company well."

  • Delaware Supreme Court rejects Burkle’s appeal in Barnes & Noble suit

    Dover, Del. -- The Delaware Supreme Court has rejected an appeal by billionaire Ron Burkle in a lawsuit challenging a poison pill plan adopted by Barnes & Noble after he doubled his stake in the company.

    After hearing arguments Wednesday, the court on Thursday affirmed a judge's ruling last year upholding the poison pill plan, which limited a shareholder's stake in the company to 20%.

  • Zale makes executive appointments

    Dallas -- Zale Corp. announced that Jeannie Barsam has been named senior VP merchandise planning and allocation. She was most recently senior VP planning, allocation and company planning for Charlotte Russe.

    In other appointments, Zale named Toyin Ogun as senior VP human resources and customer service. Prior to that, he was senior VP human resources, L.L. Bean.

  • Rising gas prices not only factor driving supply chain costs

    WASHINGTON — The National Retail Federation warned federal transportation officials that transportation costs would increase by up to 20% in some cases if a proposal to limit the number of hours truck drivers spend behind the wheel each day goes into effect.

    In addition to dramatically increasing costs, the safety proposal also would make highways a little less safe for the general public by putting more trucks on the road during the most congested hours, the NRF argued.

  • NRF: Shorter hours for truck drivers would increase costs and congestion

    Washington, D.C. -- The National Retail Federation told federal transportation officials this week that a proposal to limit the number of hours truck drivers spend behind the wheel each day would increase costs for businesses and consumers while undermining intended safety benefits by putting more trucks on the road during the most-congested hours.

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