Companies move operations back to US – U-T San Diego

June 3, 2013

Many companies in the past couple of decades found it best to move operations overseas, but now many are moving back. The San Diego region lost more than 33,000 manufacturing jobs between the years 2000 and 2010, thanks in part to offshoring, according to a 2012 survey by the South County Economic Development Council. But […]

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Japan’s Nikkei falls to six-week low – BBC News

June 3, 2013

3 June 2013 Last updated at 04:45 ET Continue reading the main story Nikkei 225 Index Last Updated at 03 Jun 2013, 02:45 ET […]

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Tax unarguable revenue, not debatable profit – BDlive

June 3, 2013

I HAVE never done any tax planning. I just fill in the forms and pay what’s due. Sometimes I’m a bit late but that’s laziness; otherwise I just comply. I have no doubt that I would pay less tax if I put my mind to it and structured my affairs so that my trustees in […]

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Small Talk for June 3 – Richmond Times Dispatch

June 3, 2013

NEW YORK When Martin Rawls-Meehan started making adjustable beds in 2004, it was a foregone conclusion that key parts would be made overseas. It was cheaper to manufacture in Taiwan than in the U.S., and from Taiwan it was easier to ship to customers in Asia. But this year, his company, Reverie, began making some […]

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Cross Road for USD and US Stocks – FXstreet.com

June 2, 2013

Cross Road for USD and US Stocks EUR – ECB Meeting Next Week NZD – Below 80 Cents CAD – Sharp Rise in Q1 GDP AUD – Oil Prices Plunge, Gold Lower Too GBP – Uneven Data Should Lead to Steady Policy JPY – Latest Data Shows Continued Recovery in Japan   Cross Road […]

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Companies look to home-grow US IT workforce – Sioux Falls Argus Leader

June 2, 2013

<!–Saxotech Paragraph Count: 2–> A small but growing number of public-private endeavors are trying to spark an IT reshoring trend by developing the nation’s next generation of tech experts. In South Dakota, Eagle Creek Software Services turned to the University of South Dakota to help home-grow tech talent through a customized four-course certificate. And Brooklyn’s […]

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Will Repatriating The $1.5 Trillion U.S. Corporate Cash Hoard Boost The Dollar … – Seeking Alpha

June 2, 2013

First of all let me remind readers of the recent debate about tax avoidance and how companies use different types of techniques to avoid taxes, here, here and here. I have said many times that sooner or later many of the international tax loopholes will eventually be done away with, and that means many companies […]

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Companies look to reverse offshoring trend by home-growing the US IT workforce – The Republic

June 2, 2013

SIOUX FALLS, South Dakota — A small but growing number of public-private endeavors are trying to spark an IT reshoring trend by developing the nation’s next generation of tech experts. In South Dakota, Eagle Creek Software Services turned to the University of South Dakota to help home-grow tech talent through a customized four-course certificate. […]

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Made in the USA back in style for businesses big and small – Pioneer Press

June 1, 2013

When Martin Rawls-Meehan started making adjustable beds in 2004, it was a foregone conclusion that key parts would be made overseas. It was cheaper to manufacture in Taiwan than in the U.S. And from Taiwan it was easier to ship to customers in Asia. But this year, his company, Reverie, began making some of its […]

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Asian Stocks Decline as Japan Enters Correction on Fed – Bloomberg

June 1, 2013

Asian stocks fell for a second week, with the regional benchmark index capping the first monthly loss in seven months, amid concern the Federal Reserve will scale back its stimulus, causing interest rates to rise. Shares in Japan, the world’s best performing major market, entered a correction as the yen rose. Sony Corp. (6758), a […]

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