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Unpaid internships have long been a mainstay for students who get academic credit in lieu of a paycheck. But in the Great Recession, with the unemployment rate hovering near 10%, job-search sites like CareerBuilder and Monster.com are reporting increases in the number of postings for internships. And more and...
In the U.K., however, the rising use of unpaid internships has recently garnered headlines for perpetuating inequality between those who can afford to work for free and those who cannot. The country's largest union federation, Trades Union Congress, launched rightsforinterns.org.uk in late March to help get the word out...
As Motorola knows all too well, it will take a red-hot hit to capture those new customers. The 81-year-old American institution, based in Schaumburg, Ill., has a celebrated history: its engineers invented the cell phone and, before that, the walkie-talkie, as well as one of the...
The cost of that failure? By 2008, market value had fallen by more than $37 billion in less than 18 months, and in 2009, Motorola's market share was halved from the prior year. Motorola fell from the No. 2 mobile manufacturer globally to barely eking out a spot in...
It is a sentiment echoed by Aurubis' Drouven. His company also took a hit last year but reported first-quarter operating earnings were $64.6 million, up 50% from the whole previous fiscal year and 2½ times those of the first quarter of 2009. "Our investors want to receive good dividends...