The nearly $15 million grant will be used to train unemployed workers for jobs in high tech manufacturing and engineering.
Mitt Romney and Bain Capital purchased a factory in China that took on the demand from outsourcing from other US companies. So they profited by increasing profits from companies they owned by shipping jobs overseas and they profited from other companies shipping jobs overseas by doing the work that used to be done in cities and towns across America.
Although Google, Facebook, Zynga and many other tech companies have been on hiring sprees lately, at least one executive has questioned how strong Silicon Valley’s latest boom cycle really is.
Paul Ryan has changed the Electoral College math. With the pick, Romney has chosen a path that writes off almost all of the country and focuses the election on the industrial Midwest.
Mitt Romney’s contortions to differentiate offshoring from outsourcing don’t matter to those who lost their jobs because of it.
To the more than two million Californians who are out of work, the disappearance of jobs is discouraging. But, for the first time in fourteen years, manufacturing in the United States has added jobs.
SAN FRANCISCO (KCBS) – One trend keeping unemployment high two years after the official end of the recession is American companies’ willingness to invest in technology and labor saving equipment to avoid the often costly […]
Intel Corp. will spend $6 billion to $8 billion on new chip manufacturing technology in its U.S. factories and will build a new development plant in Oregon.