Posted 2 days ago
This means that Apple won’t be building their own manufacturing facilities, but will rely on other companies to do so. For example, Foxconn just recently set up shop in Texas as well, so Apple will most likely continue to use Foxconn to assemble the new Macs, rather than build their own plants to assemble them. (EDITOR COMMENT: I think the publicity for this is pathetic. After selling Billion$ of Slave labor-made computers, NOW, they hype that they are truly an American Company.)
Posted 2 days ago
Michigan wide receiver Bo Dever tweeted this Instagram photo today of a Michigan football stamped: “Made in USA ... not in Ohio.”
Posted 12 days ago
Virginia Gov. Bob McDonnell has drawn the fury of the environmentally minded by including in his transportation package a $100 annual fee on alternative-fuel vehicles, including electric cars and hybrids. The governor’s rationale is plain enough: People who use the roads should pay for them, but taxes on gasoline don’t adequately capture hybrids that burn less of it.
Posted 18 days ago
The Detroit-based auto maker earned $550 million in the first quarter from its Chinese joint ventures, (GM doesn't separately break out its China profit.)
The Cadillac factory would be able to produce up to 150,000 vehicles a year when completed. Construction is scheduled to begin in June, but a U.S. spokesman couldn't say when production would begin.
Posted 30 days ago
There are between 7,500 and 9,600 different tax jurisdiction in the United States, and businesses will have to understand and comply with all of them.
Posted 30 days ago
SoloPower also benefited from millions more in state and local tax credits and abatements. A $197 million federal loan guarantee was in the wings, meant to ramp up production on multiple lines.
Eventually, public officials and company execs said, SoloPower would employ 450 in Oregon. Now, SoloPower's chief legal officer wrote, its "decision to reduce its operations in the Portland facility is expected to be permanent."
(EDITOR NOTE: Hello, It's not affordable to the average homeowner, the return of investment is not practical)
Posted 32 days ago
The Berry Amendment was enacted in 1941 to ensure that American soldiers trained and operated in American-made materials whenever possible. As required by the law, the Defense Department purchases combat boots, service shoes, and other uniform apparel that is made in America for military recruits. For decades, American-made footwear was treated the same way.
Posted 32 days ago
The IBM ThinkPad you used to check movie times? That’s owned by a Chinese company, Lenovo. They bought IBM’s PC business in 2005 for $1.75 billion. The theater showing the movie? Also Chinese-owned. The Dalian Wanda Group bought AMC Theatres, America’s second largest cinema chain, for $2.6 billion in 2012.
The gas that filled up your Volvo? That could come from anywhere, really, but since Canada is America’s largest supplier of crude oil, and China National Offshore Oil Company (CNOOC) completed the purchase of Nexen, one of Canada’s largest oil and gas producers, in 2013, it may well have been CNOOC gas filling your tank.
Posted 38 days ago
In a survey conducted by the Consumer Reports National Research Center, an independent agency, 78 per cent of Americans are reported to have said that they would rather buy a product made in the US than an identical one from overseas. As many as 80 per cent put the reason for their choice down to retaining manufacturing jobs at home and supporting the domestic manufacturing sector.
About 60 per cent are said to have given their reason as concern about use of child workers overseas, or that they saw American-made products to be of higher quality. Even if nationalism is on the rise, there isn’t enough supply to match it.
Posted 50 days ago
This edition employs an enhanced methodology that makes it an even more comprehensive index than in past editions. Improving on their previous attempts to measure freedom, authors William P. Ruger and Jason Sorens use far more variables in this edition, including new variables related to economic freedom. In fact, more than 200 policy variables and their sources are now available to the public on this website. (EDITOR NOTE: I live in #3, Tennessee, and it shows )