Fiat Chrysler Announces $1 Billion Investment in U.S., Creating 2,000 Jobs
Fiat Chrysler Automobiles announced on Sunday that it was investing $1 billion in expanding its plants in Warren, Michigan, and Toledo, Ohio — a...
Economy
Trump Meets With Ma: One Million U.S. Jobs Over Five Years?
Trump continues to press for new American jobs, this time with the head of Alibaba, a huge online sales company. ...
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Another Setback for Big Taxi: Uber, Lyft OK’d to Serve Atlanta Airport
The free market, left to its own devices, destroys as it creates. Efforts to repeal this economic law continue to fail. ...
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Trump Says Sprint, OneWeb to Create 8,000 New Jobs in U.S.
Let's give Trump some credit for creating the psychological environment that billionaires need in order to make these kinds of decisions. ...
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Boomers Are Retiring, Draining Pension Plans
As Baby Boomers retire, pension promises won't be kept. What happens then? Athens? London's "Winter of Discontent?" ...
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Mexico’s Huge Oil Reserves Now Open to Private Exploration
Mexico’s new proven reserves, potentially 125 billion barrels, are now open to private exploration. ...
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Latest Jobs Report Masks Continuing Weakness
Today's headlines about the Bureau of Labor Statistics' jobs report are deceiving: The economy remains weak, and is getting weaker. ...
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Chinese Communist Wants to Own Hollywood Studio
Lenin saw the cinema as critical to Communist take-over. Now, his Chinese comrades are actually buying up the American movie industry. ...
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Ethanol Mandates Mean Big Profits for Big Oil
The Energy Independence and Security Act of 2007 required oil refiners to add ethanol to their product or buy ethanol credits. Those credits...
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Behind the Jobs Report: Weakness in Manufacturing, Transportation
Heading into the Christmas shopping season, manufacturing and transportation numbers should be much better than they are. ...
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Elites Fear Backlash Against Globalization
The elites at the International Monetary Fund (IMF), meeting this week in Washington, D.C., are clearly worried about the increasing opposition to globalization....
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Hanjin Bankruptcy: a Harbinger for the Global Economy?
Last week, following years of losses as the global economy has slowed, South Korean shipping giant Hanjin declared bankruptcy. More bankruptcies are likely...
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Apple’s Issue With EU Order to Pay $14.5B Tax to Ireland Is About Sovereignty
When the European Commission ruled that Apple must pay $14.5 billion to Ireland in taxes, Apple vowed to fight back because the commission...
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U.S. Oil Shale Producers Putting OPEC Into Financial Bind
OPEC was producing crude oil at top rates to force the U.S. oil shale industry to back off. But oil prices have dropped,...
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California’s Pension Plans Report Dismal Results, Increasing Shortfalls
California’s pension plans are reporting dismal results, and the fund is now about $100 billion short of meeting its future obligations. ...
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