BMW AG is increasing manufacturing capacity in China in a move that will help the automaker lower its reliance on imports from a U.S. factory just as trade tensions between the two countries intensify. More »
The United States has always been one of the leading destinations for foreign direct investment. Our stable political climate, abundant natural resources, large workforce and trusted U.S. currency have historically been attractive for companies that are looking to establish or expand their presence in local and global economies. More »
Fostering local hi-tech success doesn’t have to mean offering huge subsidies to companies like Apple and Amazon. Here are some alternative strategies. More »
City leaders will find that cultivating relationships with small homegrown companies is smarter—and cheaper—than trying to lure in an outside behemoth. More »
A report Thursday from ADP and Moody’s Analytics cast an even brighter light on what is becoming one of the most important economic stories of 2018: the difficulty employers are having in finding qualified employees to fill a record 6.7 million job openings. More »
Today, all that remains of the Ford factory is an expansive tract of bare land in the middle of the middle-class Highland Park neighborhood, where a lone smokestack juts up from the old steam plant. More »
In an unscaled era, businesses can operate at smaller, more focused levels and beat giant enterprises. More »
With big ambitions in India, the retail giant has recruited hundreds of small businesses to get packages to the most remote customers — including those 11,562 feet up in the Himalayas. More »
Watch out FedEx, UPS, DHL and the U.S. Postal Service: Amazon is building its own last-mile delivery service. More »
As trade barriers break up world-wide supply chains, the real costs are higher prices and fewer choices for consumers More »
Alarmed, Trump administration could take action this week to protect the U.S.’s technological edge and national security More »
Opportunity zones, created as part of the Republican tax cut bill signed into law by President Trump late last year, promote long-term investment in low-income communities by allowing incentives for investors who develop projects in economically distressed areas. Investors who direct money to qualifying areas can receive cuts on their capital gains taxes after the assets are owned for a certain number of years. More »
Wall Street is regrouping. Easy money has been made. The fiscal stimulus has been priced in for a long time. The Fed is an ongoing game, but the slightly easing price pressures along the U.S. yield curve are signaling surprisingly stable inflation expectations. More »
Plants make MRI scanners using parts imported from company’s own facilities in China More »
Volvo both introduced its first-ever American-made car and its first U.S.-based manufacturing facility on Wednesday, June 20. The automaker revealed its all-new S60 luxury sedan, which will be built at the new manufacturing plant outside of Charleston, South Carolina.
The Swedish automaker says the moves are representative of its commitment to the U.S. market, which it calls "an important market for the company and its new sedan. More »
With the District, Maryland and Virginia all in the running to land Amazon.com’s planned headquarters, business and civic leaders in Washington are coming together around a pair of initiatives on higher education and affordable housing they say will address long-standing regional needs whether or not the tech giant moves its projected 50,000 jobs here. More »
The Education Department was created not so long ago, in 1980. But from a labor force perspective, 1980 was a different epoch. Back then, two-thirds of jobs required no more than a high school education. Remarkably, 30 percent of good jobs were held by high school dropouts. Now, 55 percent of good jobs require at least a bachelor’s degree. More »
If the U.S. imposes sweeping tariffs on imports from China early next month as planned, the levies will be felt not only in ports ringing the Pacific, but also across companies, product lines and factory towns in the U.S. More »
