Not so long ago the global energy map looked simple and – for the Western world – not a little intimidating. There were the Russians exporting fossil fuels who could pretty much dictate their terms. There were the resource-hungry Chinese preparing to plunder Africa for raw materials; there was Norway showing us all how a […]

NEW YORK (TheStreet) —General Electric (EV)has gotten lots of attention lately for bringing jobs back to the U.S., but lest anyone get too excited about a manufacturing renaissance in this country, CEO Jeff Immelt threw a bit of cold water on that notion in a recent interview. “The places where our customers are are other […]

Taking the Pulse An increasing number of American companies are coming to grips with the fact that outsourcing manufacturing may no longer be a sustainable solution in an increasingly technology-driven ultra fast-paced appliance market. With spiking oil prices — now three times what they were in 2000 — a domestic natural-gas boom in the U.S. […]

As Washington tries to balance the federal books and avert the automatic spending cuts and tax increases known as the fiscal cliff, top executives of Caterpillar, the enormous industrial equipment manufacturer, present themselves as champions of a compromise. The company’s chief executive officer, Douglas Oberhelman, sits on the CEO leadership council of “Fix the Debt,” […]