Tag: Factories and Manufacturing

Multiple People Stabbed at Tallahassee Company

Several people were stabbed in an attack at a manufacturing company in Tallahassee on Wednesday morning, the police said. The Tallahassee Police Department said that officers responded to a call from Dyke Industries, which manufactures doors, around 8:37 a.m. Multiple people had been stabbed, the police said. The suspect was taken into custody. A local […]

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The Necessary Radicalism of Bernie Sanders

You may have missed it, but late last month, Bernie Sanders’s presidential campaign released the senator’s proposal for revitalizing the American labor movement. If passed into law, his Workplace Democracy Plan would end “at will” employment (employers could no longer dismiss employees for any reason without warning), institute industrywide “sectional” bargaining (versus organizing at individual […]

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What Will Be the Economic Backdrop for the 2020 Election? New Data Gives Hints

ImageThe port of Oakland in California this month.CreditJustin Sullivan/Getty Images In a vacuum, the latest numbers on the job market are pretty solid, even good. Most important, while the overall unemployment rate was unchanged at 3.7 percent for August, there was real improvement in the details underneath that number: A whopping 571,000 more Americans were […]

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August Jobs Report: What to Look For

The Labor Department will release its estimate of hiring and unemployment for August at 8:30 a.m. Eastern time. The monthly report provides a snapshot of the American economy. Here’s what to watch for: Analysts on Wall Street are predicting a gain of 160,000 jobs, according to Bloomberg, compared with an increase of 164,000 in July. […]

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U.S. Manufacturing Slowed in August in Latest Sign of Economic Weakness

The American manufacturing sector contracted last month, a key measure showed on Tuesday, heightening fears that the trade war with China could bring on a recession. Manufacturing accounts for just 11 percent of the country’s gross domestic product, but it is often seen as an economic harbinger. Stocks fell on Wall Street after the release […]

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Trump Says China Will Suffer as Data Shows Trade War Hurting U.S.

WASHINGTON — President Trump said on Tuesday that Chinese manufacturing would “crumble” if the country did not agree to the United States’ trade terms, as newly released data showed his trade war was washing back to American shores and hurting the factories that the president has aimed to protect. Days after new tariffs went into […]

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Make Shoes in U.S., or Pay Tariffs? A Footwear Company Seeks a Third Option

Before the trade war threatened to upend everything, Lena Phoenix spent most of her hours puzzling over how to expand the thriving footwear business she and her husband had founded in their home in Colorado. Now, she is mostly consumed with finding a way around the tariffs that President Trump just imposed, bringing expensive complications. […]

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U.S.-China Trade War Hits a New Phase, and a Boot Maker Trembles

DONGGUAN, China — Bruce Xu’s factory in southern China produces just about the most all-American footwear there is: real leather cowboy boots, complete with generous heels and expressive stitching up the sides. Lately, though, the trade war has made running an all-American business in China “a big headache, a big pain,” Mr. Xu says. And […]

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Utopia, Abandoned

IN THE 1950S, the small town of Ivrea, which is about an hour’s train ride north of Turin, became the site of an unheralded experiment in living and working. Olivetti, a renowned designer and manufacturer of typewriters and accounting machines, decided to provide for its employees through retirement. They were given the opportunity to take […]

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Business Groups Warn of Consequences as Trump’s Trade War Spirals

The latest whipsawing escalations in the United States’ trade war with China prompted a wide array of business organizations to warn over the weekend that American consumers and workers would soon be caught in the crossfire. It is now looking increasingly likely that few large American companies will be able to sidestep the toll exacted […]

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Trump Ordered U.S. Companies to Leave China. Is That Possible?

SHANGHAI — In the space of 24 hours, President Trump ordered American businesses to leave China and suggested in a tweet that he has the authority to do so. Whether he has that power — he pointed to a national security law that has been used mainly to target terrorists and other major threats — […]

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‘American Factory’ Review: The New Global Haves and Have-Nots

“The most important thing is not how much money we earn,” the Chinese billionaire Cao Dewang says in “American Factory” soon before we see him on a private jet. What’s important, he says, are Americans’ views toward China and its people. In 2016, Cao opened a division of Fuyao, his global auto-glass manufacturing company, in […]

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Industrial Policy Isn’t Boring. It’s Big, and It Has United the Left and Right.

Just a few years ago, the phrase “industrial policy” was employed mainly as a term of abuse. Economists almost universally insisted that state interventions to improve competitiveness, prioritize investment in strategic sectors and structure market incentives around political goals were backward policies doomed to failure — whether applied in America, Asia or anywhere in between. […]

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Markets Are Shaken by New Signs of Global Economic Trouble

The global economy is under increasing stress as growth cools and trade tensions take a mounting toll. On Wednesday, the tremors were felt worldwide. Shares on Wall Street were off sharply, only a day after they had rallied as President Trump narrowed the scope of his next round of tariffs. The S&P 500 was down […]

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The Subject Was Supposed to Be Energy, but Trump’s Visit to a Chemical Plant Seemed More Like a Rally

MONACA, Pa. — President Trump’s appearance on Tuesday at the site of a multibillion-dollar chemical plant under construction here was ostensibly about energy policy. Instead, the crowd of mostly white, male workers in bright orange and yellow construction vests was the audience for a 67-minute speech that was nearly indistinguishable from something that Mr. Trump […]

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Trump’s Push to Bring Back Jobs to U.S. Shows Limited Results

WASHINGTON — From tax cuts to relaxed regulations to tariffs, each of President Trump’s economic initiatives is based on a promise: to set off a wave of investment and bring back jobs that the president says the United States has lost to foreign countries. “We have the greatest companies anywhere in the world,” Mr. Trump […]

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Italy’s Biggest Economic Problem? It’s Still Italy

NAPLES, Italy — Whatever hopes there were that a radically unconventional government might jolt Italy out of its economic torpor have mostly given way to bitter resignation that, in this country, nothing ever seems to change. More than a year since Italy handed power to a coalition of two fractious partners — the right-wing populist […]

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Dayton Has Survived Highs and Lows. It Will Survive This.

ImagePolice officers at the scene of a shooting in Dayton, Ohio, where a gunman killed nine people and injured at least 26 before being killed by the police.CreditTom Russo/EPA, via Shutterstock HONG KONG — I left Dayton, Ohio, 42 years ago, and since then I have lived around the world, but I still consider it […]

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In an Industrial Corner of France, 18,000 Jobs Are On Offer. Why Aren’t People Taking Them?

OYONNAX, France — Along a vast alpine plain, hundreds of factories are cranking out plastic perfume bottles, automobile parts and industrial tools. Trucks chug through mountains ferrying thousands of ready-made wares for export. On billboards and warehouses, “We’re hiring!” signs flutter in the breeze. Jobs are plentiful in Ain, a sprawling manufacturing region in eastern […]

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Trump Escalates Feud With Apple Over Offshore Factories

WASHINGTON — President Trump said on Friday that his administration would deny a request by the electronics giant Apple to avoid stiff tariffs his administration had placed on Chinese imports, the latest attempt by the president to force a multinational company to move its manufacturing to the United States. Mr. Trump said on Twitter that […]

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