Outsourcing is beginning to wane – Today’s Medical Developments

January 29, 2013

Early in 2012, I wrote an editorial criticizing Jeffrey Immelt, CEO, General Electric (GE), for his decision to outsource work from the United States to China. While my viewpoint on his decision has not changed, I must admit that Immelt may not be the ogre that I once believed him to be. I’m […]

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MIT group releases re-shoring report – MIT News

January 29, 2013

The MIT Forum for Supply Chain Innovation announced today that it has released a report, “U.S Re-shoring: A Turning Point,” based on the results of its 2012 U.S. re-shoring survey. In total, 340 participants completed the survey, of which 198 were manufacturing-only companies. Out of those 198 companies, 156 were U.S. companies, defined as […]

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Russia Goes Global — Southeast Asia – The Moscow Times

January 29, 2013

Andrey Goltsblat Managing Partner Goltsblat BLP*, the Russian practice of BLP Russian companies moving into Asian markets are often attracted to China primarily for its growth and size. But increasingly they are finding that investment opportunities in Southeast Asia are too good to be ignored and making the move. This makes a thorough understanding of the investment environment vital, […]

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Best Move of the Year So Far? Playing the Flu – CNBC.com

January 29, 2013

Essentially, the index uses a slew of health care stocks interspersed with some basic consumer names – think AstraZeneca and Baxter, which manufacture your prescriptions; CVS Caremark and Wal-Mart where you buy your flu-fighting drugs;and Campbell Soup, which dispenses all that comfort-food-in-a-can that you’d eat while watching movies you rented from Netflix. As respective groups, […]

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Money Wise: The Ups and Downs of All That Glitters – Jakarta Globe

January 29, 2013

As a relatively rare, attractive and indestructible metal, gold has been highly prized and coveted since time immemorial. In Greek mythology, King Midas loved it so much he wished that everything he touched would turn to gold. His wish was granted but it backfired somewhat when his food and water and even his beloved daughter […]

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Samsung (KRX: 005930) Declines for 2nd Day on Slowdown Prediction says … – GDP Watch

January 29, 2013

Northern, WI 1/29/2013 (gdpwatch) – Samsung Electronics Co. (KRX:005930), the biggest manufacturer of smartphones in the world, saw its shares decline for a 2nd day on Seoul exchange, following a warning regarding a slowing down of global demand. The company said a stronger won would help to lower its operating profit in current year. The […]

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Opinion: Racism Is Well And Alive In Corporate America, Despite Barack Obama – Osun Defender

January 29, 2013

Anyone who has lived in America should have seen the frustration of the minorities — Blacks, Hispanics, Asians and women — who daily encounter the invisible glass wall that usually bars them from attaining the top slots ostensibly reserved for the White Anglo-Saxon Protestant […]

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WMS to Highlight Imaginative Content and Technology Leadership for Engaging … – MarketWatch (press release)

January 29, 2013

WAUKEGAN, Ill. & LONDON, Jan 29, 2013 (BUSINESS WIRE) — — Diversified Portfolio Highlights Include New Video Slot Multi-Game […]

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AO Smith Reports 2012 Sales and Earnings Results [Professional Services … – Equities.com

January 29, 2013

<!– end javascript to email the article –>ProQuest Information & Learning Water technology company A. O. Smith Corp. announced record sales of $1.94 billion and earnings of $162.6 million, or $3.49 per share, from continuing operations for 2012. In a release on January 24, the Company reported sales from continuing operations for 2012 grew […]

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Capitalism & the corporate ‘tax holiday’ — A WW youth perspective – Workers World

January 29, 2013

Time magazine featured an article by Rana Foroohar on Jan. 14 entitled, “The Trillion-Dollar Homecoming,” which discussed transnational companies’ proposal for another “tax holiday.” This “holiday” would allow big business to keep funds stashed in foreign bank accounts at lower tax rates. The corporate rhetoric is that this will make for higher profits and “create jobs.” However, […]

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