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Facebook seeks acquisitions to fend off Google
Facebook, the world's largest social network, is planning acquisitions that will improve site design, keep its service reliable and advance mobile features to stave off competition from Google and Twitter.AP survey: No recession but weakness will endure
Another recession isn't likely over the next 12 months. Neither is any meaningful improvement in the economy. That's the picture that emerges from an Associated Press survey of leading economists who have grown more pessimistic in recent weeks.Going In-House and Changing the Game Plan
Elise Neal never anticipated how motherhood would impact her career path. She graduated with honors from Rice University and Columbia Law School before becoming an associate with a prominent Texas firm. But shortly after her first child was born in 1996, Neal changed course, eventually landing an in-house position with a sporting goods company that allowed her to spend more time with the home team.UBS plans to cut about 3,500 jobs to save costs
UBS AG, Switzerland's biggest bank, will eliminate about 3,500 jobs, or 5.3 percent of its workforce, as stricter capital requirements and a slowdown in client trading reduce earnings.Delay Damages in P.I. Cases Are Taxable
Delay damages are taxable income under federal law even when they are awarded to a personal injury plaintiff because their function and purpose indicate that they are not paid ``on account of personal injury,'' a federal judge has ruled. In Francisco v. Internal Revenue Service, the judge rejected the argument that delay damages in Pa. are any different from the pre-judgment interest awarded in other states, which three federal appellate courts have found to be taxable.Cite as: Immaculate Heart Central School v. NYS Public High School Athletic Association, 7:10-CV-1471, NYLJ 1202498445530, at *1 (Court, Decided June 23, 2011)J
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