Frontier Communications plans to hire another 25 full-time workers for its call center in Everett. The phone, cable and Internet provider has added more than 100 workers this year. The company will host an open house to talk with potential customer service representatives from 3 to 6 p.m. Tuesday and from 9 a.m. to noon on Wednesday at its office, 1800 41st St., Everett. Interested job seekers also can apply online at www.frontier.com/careers and reference job posting 307313-798.
McDonald’s brings in more customers
McDonald’s Corp.’s third-quarter net income rose by 9 percent as it kept defying a tough economy and attracting more customers. But those diners might want to get ready to pay more. The world’s largest hamburger chain, which has performed well throughout the recession and its aftermath, noted potential challenges like the rising cost of beef and higher labor costs. McDonald’s, a bellwether for the rest of the fast-food industry, hinted that it could raise menu prices for the third time this year. Companies of all stripes raised prices this year as the cost for many raw materials spiked, and it appears that more increases are coming.
Goupon lowers expected stock value
The startup that pioneered online daily deals for coupons is an example of how fast an Internet darling can fall. Groupon is discounting its expectations for the IPO that in June was valued as high as $25 billion. In a regulatory filing Friday, the company said that it expects a valuation that is less than half that at between $10.1 billion and $11.4 billion. It’s the latest twist for Groupon’s IPO.
37% in U.S. support Wall Street protests
More than one-third of the country supports the Wall Street protests, and even more — 58 percent — say they are furious about America’s politics. The number of angry people is growing as deep reservoirs of resentment grip the country, according to the latest Associated Press-GfK poll. Some 37 percent of people back the protests that have spread from New York to cities across the country and abroad, one of the first snapshots of how the public views the “Occupy Wall Street” movement.
R.J. Reynolds workers nix proposed union
R.J. Reynolds Tobacco Co. says a majority of its production and maintenance workers have voted against union representation. The subsidiary of Reynolds American Inc. said Friday that a preliminary count of ballots cast show workers chose not to be represented by the International Association of Machinists and Aerospace Workers and the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union. R.J. Reynolds is the second-biggest U.S. cigarette company and makes Camel and Pall Mall brand products.
From Herald staff and news services
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