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Ford’s turnaround over the last five years has resulted in big profits and won its CEO a reputation for brilliant management.
But those same achievements are stirring resentment among many of its factory workers. And that is complicating contract talks between the company and its union employees.
At The Rouge, Ford’s massive, 94-year-old factory complex in Dearborn, […]
Powerful Hurricane Hilary is moving away from Mexico but is still churning up dangerous surf in the Pacific.
Hilary was still a Category 4 storm late Saturday morning, with maximum sustained winds near 140 mph (225 kph).
The hurricane is not forecast to make landfall, but the U.S. National Hurricane Center says Mexico’s coast has been affected […]
Filed under: Uncategorized, finance by Finance Boss
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A half-century-old program that helps workers who lose their jobs to foreign trade holds the key to whether Congress may finally approve three long-delayed free trade agreements viewed by both the Obama White House and congressional Republicans as a way to invigorate the economy and create jobs.
It’s a classic Washington trade-off.
Many Democrats don’t like the […]
Reassuring words from European leaders aimed at calming markets roiled by the continent’s sovereign debt fears helped boost Asian markets in early trading Thursday.
German Chancellor Angela Merkel and French President Nicolas Sarkozy pledged in an emergency teleconference on Wednesday night with that they would help Greece avoid a debt default. For his part, Greek Prime […]
Filed under: Small Business, technology by Finance Boss
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After months of talk that Europe can only be saved by slashing its spending, a growing chorus of voices is calling for a new tack, encouraging governments to instead stimulate growth _ even if that means spending money.
As a slowdown in the global economic recovery threatens to undo Europe’s austerity efforts, experts are reviving a […]
What can building owners do to stretch their capital budgets?
Many organizations, both public and private, have experienced decreased funding over the past few years due to the many factors stemming from the bad economy. It is important to know there are ways to reduce costs when undertaking construction projects, regardless of whether it is a […]
August began with rising fears that another recession was about to hit. That was then.
A month later, the economy and the stock market appear more resilient, suggesting that consumers, businesses and investors remain confident enough to keep spending.
A more authoritative test will come Friday, when the government issues the August jobs report. Employers are expected […]
Filed under: economics, management by Finance Boss
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Venezuelan President Hugo Chavez checked in to a military hospital Saturday night to begin a third round of chemotherapy, this time getting the cancer treatment at home rather than Cuba.
Chavez walked into the Dr. Carlos Arvelo Military Hospital accompanied by his daughter Maria and aides. He said his treatment has been going well and aims […]
Filed under: Small Business, legal by Finance Boss
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