TALI ARBEL, AP Business Writer Tali Arbel, Ap Business Writer
NEW YORK – A private measure of U.S. manufacturing activity grew in October at the fastest pace in more than three years, helped by government spending and higher demand from overseas. The better-than-expected reading is a positive signal for the fledgling economic [...]
Backdrop for Obama’s announcement of fuel-efficiency grants? A couple of foreign-built trucks
Jason Reed / ReutersIn August, President Obama announced, at this event in Indiana, new funds to support the building of vehicles like the one behind him — which was manufactured in England.
F. Brinley BrutonReporter
Photographs of President Barack Obama run on a constant loop in [...]
By MIRIAM JORDAN
A coveted visa program that feeds skilled workers to top-tier U.S. technology companies and universities is on track to leave thousands of spots unfilled for the first time since 2003, a sign of how the weak economy has eroded employment even among highly trained professionals.
The program, known as H-1B, has been a [...]
Going overseas to work can be a great way to jump-start your career, especially given the slow U.S. job market.
The economic rebound might feel good if you’re in the Goldman Sachs bonus pool, but for everyone else? Not so much. In fact, if you’re a fresh-from-B-school MBA, a frustrated manager, or a newly minted [...]
Rachel Beck, AP Business Writer
NEW YORK (AP) — A theme is emerging from the flood of recent corporate earnings reports: Cost cuts are boosting profits.
Investors are cheering, but they shouldn’t. Even in these tough times, more CEOs should be talking about how they are seeking out investments, developing new technologies and making acquisitions.
That’s what [...]
AUDREY McAVOY, Associated Press Writer
HONOLULU – Hawaii regulators have approved a Honolulu startup company’s plan to build the nation’s first tuna farm in waters off the Big Island.
Hawaii Oceanic Technology aims to create an environmentally friendly open ocean farm for bigeye tuna, a favorite source for sushi and sashimi that’s overfished in the [...]
Michael Mandel
This morning the BLS released its “International Comparisons of Manufacturing Productivity and Unit Labor Cost Trends, 2008”. And guess what? According to the BLS, the U.S. manufacturing sector had the fastest productivity growth in the world in 2008—1.2%, tied with South Korea. Meanwhile, Japan, Canada, Germany, France and Japan all had manufacturing productivity [...]
By JOAN E. SOLSMAN
Boeing Co. swung to a third-quarter loss on $3.5 billion of previously disclosed charges caused by the delay-plagued programs for the 747-8 Freighter and the 787 Dreamliner.
The commercial-aircraft manufacturer and defense contractor lowered its forecast for 2009 earnings to between $1.35 and 1.55 a share, down more than $4 from its [...]
Entrepreneurs ought to vet angel investors and venture capitalists using a “reverse” due-diligence process. Here’s how to do it
By Tom Taulli
Before your company receives an infusion of equity capital—whether from a venture capital firm or an angel investor—an investigation into your operations usually takes place. The process is commonly known as due diligence, [...]
By RAYMUND FLANDEZ
More small businesses are looking to make the federal government a client, since it’s a smart way to diversify sources of revenue when regular clients aren’t biting. The U.S. government is the largest buyer of goods and services in the world, spending $500 billion last year. And that’s not including the additional [...]