BRIEFCASE EMPLOYERS TO FIND ONE-STOP SERVICES.Byline: - Staff and Wire Services A partnership between the city's WorkSource California system and the U.S. Small Business Administration will link companies with potential employees, loans and planning services, the mayor announced Tuesday. ``Businesses have needs that government has the resources to fulfill, but these resources are too often split among several offices,'' Mayor Jim Hahn said. ``By helping businesses find the people, money and advice they need under one roof, we are keeping and growing jobs and revenues in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. .'' The partnership will allow the WorkSource centers to help clients with financing or business planning by establishing a link with the SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government and its services. Vivendi, Messier settle pay dispute PARIS Paris, in Greek mythology Paris or Alexander, in Greek mythology, son of Priam and Hecuba and brother of Hector. Because it was prophesied that he would cause the destruction of Troy, Paris was abandoned on Mt. - French telecommunications and media company Vivendi Universal SA officials said Tuesday they have withdrawn legal action against former chairman and chief executive Jean-Marie Messier Jean-Marie Messier (born December 13, 1956) is a French businessman who was Chairman and Chief Executive of the multinational media conglomerate Vivendi SA (formerly Vivendi Universal) until 2002. . The company had sued Messier and his former chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , Eric Licoys, over a $25.7 million severance payment awarded to Messier when he left the company in 2002. Vivendi agreed to drop the action last month and Messier agreed to give up the severance payment as part of a settlement with the Securities and Exchange Commission. Kraft Foods Kraft Foods Inc. (NYSE: KFT) is the largest food and beverage company headquartered in North America and the second largest in the world after Nestlé SA. The Philip Morris Company (now known as Altria Group), a company that produces tobacco products, acquired Kraft for to cut 6,000 jobs by '07 CHICAGO - Company officials said Tuesday that Kraft Foods Inc. will eliminate 6,000 jobs, or 6 percent of its work force, and close 20 plants worldwide over the next three years as part of a restructuring after more than a year of disappointing sales and earnings for the biggest U.S. food company. About 1,300 salaried positions in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. will be eliminated in the first quarter, with the remaining cuts occurring by 2007, officials said. The plans were disclosed in Kraft's fourth-quarter earnings release Tuesday afternoon. Net income of $869 million represented a 7 percent drop from the same period a year earlier - the company's latest earnings disappointment. |
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