New York-based Monster Worldwide Inc. (MWW) is an online recruitment firm and the parent company of Monster.com, the leading career website in the world.

Yesterday, the company announced plans to open a new technology center of Excellence & Innovation in Cambridge, Massachusetts, and make certain organizational changes. Monster plans to add more staff to this center in the foreseeable future. As part of organizational changes, the company will eliminate approximately 160 positions within the product and technology group on a global basis.

Monster is now actively recruiting for approximately 80 new technical positions to be located in the Cambridge center, with potential capacity for adding a total of 170 new positions at this center. The company already has technological centers in Massachusetts, California, Czech Republic, Malaysia and New Delhi. Monster believes that Cambridge is a strategic location for its business.

The company‘s business has been adversely affected by

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Avalon Oil & Gas, Inc., an independent domestic producer/investor of oil and natural gas, announced last month that it has received its first check for gas revenues from Scissortail Energy, an Oklahoma based provider of natural gas midstream services. The payment is for natural gas produced in the East Chandler Field in Lincoln County, Oklahoma, northeast of Oklahoma City, encompassing various wells in which Avalon holds partial interest. It represents the continuation of a climb in revenues for Avalon over the past year, with more expected.

Avalon is an investment company that acquires oil and gas producing properties. In addition, the company’s technology group acquires and develops various oil production technologies. Avalon, through its majority owned subsidiary Oiltek, is building an asset portfolio of innovative technologies to enhance the company’s oil and gas properties. The strategy is to use efficient reservoir maintenance and

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'There will be the predictable difficulties in negotiations on energy issues', says a top Russian senator on the Russia-EU summit, as there is 'a global collision in strategy'.  President Medvedev will 'be interested in the EU's position . . . on the continuing threat to Europe resulting from our difficult relations with Ukraine in the gas sphere'.  American billionaire Walter Buffett will provide the start up money and Barack Obama the political support for an international nuclear fuel bank to be created in Central Asia.  Rusnano and Viktor Vekselberg's Renova are embarking upon a $635 million project to manufacture solar panels in the republic of Chuvashia.  Swiss technology group Oerlikon is negotiating to join the project, which would involve a 700 million Swiss franc supply deal with Rusnano.  Shell's remuneration committee is reportedly under increasing pressure ...

Headquartered in Minneapolis, Minnesota, Avalon Oil & Gas, Inc. is an oil and gas company engaged in the acquisition of producing oil and gas properties. Trading on the OTCBB, the Company is doing this in Louisiana, Texas, Arkansas, Kansas, and Oklahoma. Their corporate strategy is to use efficient reservoir maintenance and innovative technology to obtain stable cash flows and production.

In August, Avalon announced the expansion of their interests in the East Chandler Field, Lincoln County, Oklahoma. This is a property with development potential and Avalon believes that this acquisition will increase their revenues significantly. The Company also looks to further growth through other initiatives. Avalon’s technology group acquires and develops oil production enhancing technologies. Through Oiltek, Inc., their majority owned subsidiary, they are building a portfolio of innovative energy technologies in the oil and gas industry to maximize enhancement opportunities.

In September of this year, Avalon Oil & Gas

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