Despite dire predictions to the contrary, it is not true that automation and innovation will cause permanent unemployment shortages and declining wages. While automation may reduce minimum wage assembly line jobs, it creates compensating higher paying jobs in the innovation, design, production, operation, maintenance and installation of sophisticated machine tools, and robots, and their related […]

Repatriation of assets on a low-tax or tax-free basis. Most of the major technology companies derive more of their business outside the U.S. than at home. Consequently, they’ve built up huge cash piles abroad. The best example is Apple Inc. (NASDAQ:AAPL), the most valuable technology company, which reported cash and investments of a record $137.1 […]

As wages in China rise with economic growth, some companies are beginning to look elsewhere for what was once China’s selling point: cheap labor. It just highlights the power that free trade provides – growing economies and raising living standards. Consider that wages in China are five times greater than they were in 2000, measured […]

OXFORDSHIRE, ENGLAND – Smart Group has issued a call for papers for its Smart Group European Conference & Exhibition, to be held here Oct. 2-3. The theme of this year’s conference is improving efficiency and winning new business. The firm is interested in receiving papers in the following topic areas: energy reduction; better […]