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1122 search results for: reshoring initiative

752

Wal-Mart to Pull Out of D.C. After Minimum-Wage Vote

Reposted from New York Magazine For decades, Walmart has been known in the retail industry for its hard-line negotiating tactics. As the world’s largest retailer, it’s massive enough that it can offer to pay a ridiculously low price, threaten to walk unless its price is met, and watch suppliers trip over […]

753

Smithfield CEO: China Deal Won't Hurt Food Safety

Reposted from USA Today – WASHINGTON — Congressional lawmakers grilled the top executive at pork giant Smithfield Foods Wednesday about how the proposed $4.7 billion purchase of the company by China’s largest meat producer might affect the U.S. food supply and agricultural producers. CEO Larry Pope told a packed Senate […]

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On Manufacturing and Innovation

Manufacturing: The Key to American Innovation Ralph Gomory Reposted from the Huffington Post – Manufacturing was once widely recognized as the outstanding strength of America and the basis of its prosperity, but manufacturing also has a more recent history of being almost a pariah. This newer view equated computer chips with potato […]

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If This Is a Good Jobs Report, Just Shoot Me

The June jobs report shows we lost 6,000 jobs in manufacturing, but added 9,000 in garden supply stores and 19,000 at amusement parks and casinos. Is this the picture of a healthy economic superpower? While corporate media will focus on the big number — we added 195,000 jobs! — figures from the Bureau of Labor Statistics show […]

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The Decline Of America's Job-Creating Small Businesses

On Friday, we learned that U.S. companies added 195,000 jobs in June, which was much higher than the 165,000 expected by economists. Still, the unemployment rate remains painfully high at 7.6%, even as GDP, corporate profits, and stocks sit near all-time highs. One of the reasons for this is the decline of America’s small businesses, which struggle to compete […]

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Steinway's Sale Is a Sour Note for Made in America

A Model D piano being made at the Steinway factory in Astoria, Queens. Brian Ross “Made in America” took another major hit very quietly yesterday. An American musical institution, the 160-year-old American piano maker Steinway and Sons, was sold to a private equity firm, Kohlberg & Co. What does a leveraged […]

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