More than 163,000 jobless Californians were wrongly denied benefits last year and had their denials reversed by judges on appeal, adding to a string of troubles at the state Employment Development Department, says the Los Angeles Times.
Not too long ago, net profit was not a desirable end in the services sector. Profit suggested that an agency could have done a better job spending dollars on programs. If the goal was to provide for the general good, then every available dollar should be directed to that end.
Public company directors are confident the economy will improve in 2014, according to a quarterly survey by the National Association of Corporate Directors (NACD). The NACD Board Confidence Index found that nearly one-half of those surveyed expect better economic conditions a year from now. http://www.globenewswire.com/news-release/2013/11/07/587890/10056853/en/Corporate-Directors-Forecast-Stronger-Economy-in-2014.html