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Here is a short video by Economy in Crisis which explains the global governance agreement known as Trans Pacific Partnership as well as Fast Track trade authority – which transfers Congress’ constitutional power over foreign commerce to President Obama. So what is TPP and Fast Track?
The TPP Is Another Job Killing Trade Deal—So Why Are Both Parties Supporting It? The TPP’s specifics have been hammered out during closed-door conferences held throughout the world over the past five years. The 18th round took place in Malaysia in July. Leaked chapters of the agreement have caused concern among a diverse group of […]
The U.S. government is currently working with 10 other countries to negotiate the biggest trade and investment agreement (also known as a “free trade agreement” or FTA) in history. It is called the TPP, or Trans-Pacific Partnership. Not only will it be bigger than NAFTA (the North American Free Trade Agreement)—it’s actually NAFTA plus eight other countries. Have […]
In the first big buyout of 2014, iconic U.S. spirits maker Beam unveiled an agreement on Monday to be acquired by Japanese alcohol company Suntory for about $13.6 billion. The transaction hands Suntory control of a slew of big-name brands, including bourbons Jim Beam, Maker’s Mark, Knob Creek, Courvoisier cognac and Sauza tequila. Tokyo-based Suntory agreed […]
Cambodia garment workers throw stones at riot police during a strike near a factory on the outskirts of Phnom Penh, Cambodia, Jan. 3, 2014 AP/HENG SINITH PHNOM PENH, Cambodia – At least four people were killed Friday when police outside Cambodia’s capital opened fire to break up a protest by striking garment workers demanding a doubling […]
WHITE HOUSE (CNN) —The White House is finally following up on an initiative in 2013’s State of the Union, just three weeks before he lays out his new agenda for this year. President Obama will host an event in the East Room on Thursday to announce what they refer to as “Promise Zones”- economically hard-hit […]
This week, two new data sets will tell us just how well “Made in America” is doing as we begin 2014. Today, the Department of Commerce released international trade data for November. And, on Friday, the Bureau of Labor Statistics will publish the employment situation report for December. This morning’s trade data has a major bearing on economic growth and our […]
Stephenie Anderson inspects some of the yarn her new processing plant is turning out. | JOHN STENNES Forum News Service FOSSTON — Stephenie Anderson’s timing for starting a wool-processing plant in Fosston is spot-on. So says Bill Batchelder, president of Bemidji Woolen Mills, and Jim Stordahl, an extension agent in Polk County. “There’s a renaissance […]
The fate of Democrats’ effort to revive long-term unemployment benefits that expired Dec. 28 will hinge on meeting Republican demands to cover the bill’s $6.4 billion cost. A small group of Senate Republicans are seeking a bipartisan compromise to pay for the benefit extension, the opening bid in Democrats’ 2014 election-year agenda focused on helping low-and middle-income […]
A pickup in hiring at factories is helping to support the increase in employment. | Photographer: Justin Ide/Bloomberg Companies added more workers than projected in December as U.S. employers grew more optimistic about the prospects for demand, a private report based on payrolls showed today. Companies in U.S. Added 238,000 Jobs in December. The 238,000 increase […]
Maker’s Row and Cotton Incorporated have announced their partnership that aims to further educate and connect textile brands with U.S. cotton suppliers and manufacturers. Through the efforts of their partnership, Maker’s Row, an online platform providing product-based businesses direct access to domestic manufacturers, and Cotton Incorporated, the research and marketing company representing America’s cotton producers […]
Conventional wisdom says it’s cheaper to produce things in Asia than in North America, which is why U.S. electronics brands have steadily outsourced nearly all their product manufacturing to companies based in the Far East during the last few decades. US-Made Moto Xs Cost Comparable to Asian-Assembled Smartphones. However, with just one product—the Moto X—Motorola may […]
Florida is a responsive WordPress theme suitable for multipurpose websites such as a business website or an agency website. It has a stylish minimal layout and comes equipped with custom post types to create portfolios, highlight content, showcase teams, etc There are many things you will enjoy when you get this theme. It has a […]
Florida is a responsive WordPress theme suitable for multipurpose websites such as a business website or an agency website. It has a stylish minimal layout and comes equipped with custom post types to create portfolios, highlight content, showcase teams, etc There are many things you will enjoy when you get this theme. It has a […]
Clothing the American Government’s Employees: In many overseas factories producing garments for the United States government, conditions are harsh and pay is low. | Photo Credit: Meridith Kohut for The New York Times WASHINGTON — One of the world’s biggest clothing buyers, the United States government spends more than $1.5 billion a year at […]
Delowar Hossain, owner of Tazreen Fashions Ltd. He has said that just three stories of his garment plant were legal. | Photo Credit: Andrew Biraj/Reuters NEW DELHI — The police in Bangladesh charged the owners of a garment factory and 11 of their employees with culpable homicide in the deaths of 112 workers in a […]
Amid this year’s deluge of holiday spending surveys by companies trying to grab some attention, several other recent polls and studies are addressing arguably more important issues, such as financial bullying, money spent on financial literacy and whether “Made in USA” is better. Here is a sampling. UNFAIR FIGHT? Financial services marketers, such as banks […]
Changes are sweeping the world of manufacturing. Advanced materials and innovative production technologies are maturing. Digital manufacturing techniques are gaining adoption. These technology trends are offering manufacturers new ways to compete, innovate, and grow profitably even as they face challenges from volatile energy costs, workforce shortages, proliferating regulations, and a host of evolving risks. While […]
There’s been a flurry of activity over the past few years indicating a greater reliance by manufacturers on product lifecycle technologies ranging from increased use of CAD/CAM/CAE software to full-blown product lifecycle management software suites. Just a few weeks ago I wrote about how expectations are growing for a PLM surge in manufacturing; shortly thereafter, […]
Texas’ resurgent manufacturing industry takes a giant step forward as the Texas made Apple Mac Pro begins taking orders today for it’s first fully Made in the USA computer, 1200 WOAI’s Michael Board reports. “We have begun manufacturing the Mac Pro in Austin,” Apple CEO Tim cook said on […]
Apple Inc. is taking orders today for the new Mac Pro personal computer, which is being built in Texas with components made domestically as part of Chief Executive Officer Tim Cook’s $100 million Made-in-the-USA push. “We have begun manufacturing the Mac Pro in Austin,” Cook wrote in a posting yesterday on Twitter. “It’s the most powerful Mac ever.” The cylindrical […]
Connecticut has become a pioneer in food labeling as it is the first state to pass legislation to make companies say if their products contain genetically modified organisms or GMOs. GMOs are used to help plants be resistant to herbicides and pesticides, but it’s done by taking DNA from a bacteria […]
“Made in America” has become a trendy label that conscientious U.S. consumers often look for. But it’s not just Americans who are searching for that label. American-made goods have more international clout than one might think, especially with Chinese consumers. A recent Industry Week study found that 85 percent of Americans […]
The outside of the mittens say “Go USA.” The insides say “Made in China.” Less than two years after being criticized for having the U.S. Olympic team’s uniforms made in China, the U.S. Olympic Committee has another wardrobe malfunction on its hands.The red-white-and-blue mittens it’s selling to raise funds […]
We are at an interesting time in American Manufacturing. There are so many manufacturing issues in America which should be on the forefront of every manufacturing executive. We felt compelled to compile the top 8 pressing manufacturing issues and trends in American manufacturing to share with you. Awareness of these various and extremely important topics […]
The gift-giving edge you may need this holiday. The race to find holiday presents is underway, and there’s both good news and bad news for the shoppers out there. Let’s start with the bad news: Gift giving is a competitive sport – a contact sport, if you watched any online videos of Black Friday bargain […]
(MoneyWatch) COMMENTARY The net loss of manufacturing jobs from the U.S. to China may have finally come to an end, according to a study by strategy and operations consultancy The Hackett Group. And because of changing conditions in the U.S. and Chinese labor markets, the net shift of jobs may move back to […]
This Thanksgiving Weekend, Montauk Tackle Co., American Built Performance Apparel, Announces its Family and Friends Event. It’s a family and friends kind-of-weekend with Montauk Tackle’s performance apparel. Most retailers offer a family and friends promotion to a select group of customers for savings. But this Thanksgiving weekend, Montauk Tackle Company, […]
