Legislation

China Lashes Out at US Government Technology Restrictions

Thu, 28 Mar 2013 11:08:00 +0000

Spending bill bars purchase of Chinese-made technology

Medical Device Manufacturers Achieve Symbolic Victory

Fri, 22 Mar 2013 19:01:00 +0000

Despite a Senate vote in favor of repealing the medical device tax, don't bet on manufacturers escaping the new tax.

On Thursday, the Senate approved an amendment to the Senate Budget Resolution by Sen. Orrin Hatch, R-Utah, and Sen. Amy Klobuchar, D- Minn., that expressed support for repeal of the tax, part of the Affordable Care Act. However, the amendment, passed in a 79-20 vote, is non-binding. Observers say the vote gave many senators political cover to support manufacturers in their states without actually voting to repeal the tax.

The Global Manufacturer

Currency Manipulation Back on House Agenda

Wed, 20 Mar 2013 19:12:00 +0000

Bill would give manufacturers remedy for unfairly priced imported goods.

In an effort to reduce the U.S.’s huge trade deficit with China, a bipartisan group of legislators today reintroduced the Currency Reform for Fair Trade Act.

$85 Billion Sequester to Hit US Economy

Fri, 01 Mar 2013 21:37:00 +0000

President Barack Obama is bound by law to initiate the automatic, indiscriminate cuts, which could wound the already fragile economy, cost a million jobs and harm military readiness, by 11.59 pm.

US Chamber's Donohue: Economic Growth is 'Job One'

Thu, 10 Jan 2013 15:22:00 +0000

Calls for efforts to curb spending, produce more domestic energy and reform the regulatory system.

Forecasting modest growth for the U.S. economy, U.S. Chamber of Commerce President Thomas Donohue said Washington leaders must focus on economic growth in order to "create jobs, lift incomes and expand opportunity for all Americans."

Apple Loses Bid for Samsung Ban

Tue, 18 Dec 2012 12:06:00 +0000

iPhone-maker fails to link infringing components of Samsung's smartphones with harms suffered in the marketplace, Judge rules.

Labor in the Headlines

Mon, 17 Dec 2012 20:08:00 +0000

A brief review of significant labor events in 2012

Workers at a Caterpillar plant in Joliet, Ill., returned to work in August, concluding a bitter three-and-a-half-month strike. Members of the International Association of Machinists and Aerospace Workers approved the six-year deal by a narrow margin.

Did American Capitalism Take a Wrong Turn?

Fri, 16 Nov 2012 19:03:00 +0000

Hedrick Smith is a capitalist, he reminds me midway through our conversation about his new book, “Who Stole the American Dream?” (557 pages, Random House, $30.00). He spent time as a correspondent for The New York Times in Moscow and saw up close the evils of Russian communism. And for 20 years, he has run his own production company, which has produced more than 20 award-winning PBS prime time specials and miniseries. “I have had to meet payrolls,” notes the Pulitzer Prize-winning journalist who was part of the Pentagon Papers reporting team.

The Global Manufacturer

White House Mulls Move as Cybersecurity Bill Fails

Thu, 15 Nov 2012 18:34:00 +0000

Obama considers issuing an executive order to protect critical infrastructure after the security bill fails in Senate for the second time in three months.

Re-elected Obama Faces Countdown to Fiscal Cliff

Wed, 07 Nov 2012 16:54:00 +0000

Poison pill law could trigger recession in 2013.

Barack Obama's re-election as U.S. president set the stage Wednesday for a fresh political battle over the year-end "fiscal cliff" budget crunch which threatens to force the economy back to recession.