5 tech companies control one-third of all corporate cash

May 20, 2016
“This amount reflects the negative tax consequences of permanently repatriating money to the USA and the use of domestic cash for dividends, share buybacks and the majority of acquisitions”, Moody’s said. Tech companies are leading the pack in hoarding …
Read the full article →

Moody’s: Corporate Cash Holdings Continue to Grow

May 20, 2016
In 2015, the amount of cash that was held by the U. “This amount reflects the negative tax consequences of permanently repatriating money to the United States and the use of domestic cash for dividends, share buybacks and the majority of acquisitions …
Read the full article →

Real World Economics: Curious voters raise good questions

May 20, 2016
And nations in Asia or South America and Africa that have no Chinese connection and somewhat higher manufacturing costs would enjoy an opportunity to enter the U.S. market. Existing U.S. producers now competing with China would be able to raise prices and …
Read the full article →

5 tech companies including Microsoft hold $500 billion in cash, most of it offshore

May 19, 2016
As Stock Market Today points out: The figures underscore how cash has become concentrated in a handful of companies, many of which have left earnings outside of the US to avoid the hit from repatriating profits under the country’s complex tax code.
Read the full article →

US corporate giants hoarding more than a trillion dollars

May 19, 2016
“This amount reflects the negative tax consequences of permanently repatriating money to the US and the use of domestic cash for dividends, share buybacks and the majority of acquisitions,” Moody’s said. Earlier this year, anti-poverty charity Oxfam …
Read the full article →

What drought? Nestle plans $35M bottled water plant in Phoenix

May 18, 2016
Phoenix officials say the city tap-water supply is secure for years — maybe decades — despite regional drought, and they’re eager to put more of it to use attracting manufacturing jobs like Nestle’s. Others oppose diverting a precious public resource …
Read the full article →

Donald Trump profits in private from the companies he trashes in public

May 18, 2016
he’s promising to stop the movement of manufacturing jobs overseas. “Our companies are leaving our country rapidly, rapidly,” Trump said on March 15. “Frankly I’m disgusted with it.” Carrier, a unit of Connecticut-based United Technologies, said it was …
Read the full article →

Growth in Springfield’s manufacturing sector creates hundreds of jobs

May 18, 2016
With multiple companies expanding, Springfield businesses are hurting for qualified workers. That is especially true in the manufacturing sector, according to leaders at the Missouri Career Center. Inside the old Regal Beloit plant, SRC has expanded once …
Read the full article →

Putting Outsourcing in Reverse Strips a Gear

May 18, 2016
The presidential candidates aren’t the only ones who think it is. The so-called “Reshoring Initiative,” launched in 2010 by entrepreneur and manufacturing expert Harry Moser, aims to encourage American companies to do just that: “reshore” jobs …
Read the full article →

Reshoring has Become an Economic Development Strategy

May 18, 2016
In the past year, IEDC has provided educational training sessions with reshoring experts, such as Harry Moser of the Reshoring Initiative, for economic developers. IEDC also created the Reshoring American Jobs webpage, a project funded by the U.S. Economic …
Read the full article →