At just one year old, ReShore LLC said it is still in its infancy, but over the past 12 months, the fledging spinoff from Rubberform Recycled Products has gone through many changes and faced many challenges. The company’s original flagship product (an erosion control device) had to be tabled for budgetary and testing constraints. Early […]

It’s no secret U.S. companies save billions of dollars by doing business overseas. A recent Senate investigation revealed Apple paid a 2 percent tax on $74 billion in income by channelling profits through its offshore subsidiaries. And last month’s tragic factory collapse in Bangladesh was a bleak reminder that some of America’s most iconic brands […]

TOKYO (AFP) – Japanese factories churned out a better-than-expected performance in April, but the upbeat data Friday was tempered as the export powerhouse remained mired in deflation. Economists were combing through a string of data — including factory output and inflation — for signs an economy-boosting plan by Prime Minister Shinzo Abe and his hand-picked […]

Though the huge human tragedy caused by the fire accident in a garment factory in Bangladesh has raised questions about the country continuing to be favoured for garment outsourcing, it will not lead to flight of business from that country, according to an Indian industry source. It is not only the competitive labour cost but […]