Aerospace is an intensely nationalist business. But not only do aircraft makers get tied up in international political dogfights, such battle lines are drawn between states as well. Witness the just-completed competition betwee…
If we measure competitiveness by profits and cash balances, domestic companies have never been stronger. Unfortunately, that competitiveness has come out of the hides of the country’s workers — nearly 15 million of whom are ou…
Helped by the expansion of its industrial business, General Electric expect to boost its revenue in fiscal 2011, CEO Jeff Immelt said in a presentation to investors Tuesday.
Continue reading GE Releases Optimis…
The conglomerate said Tuesday that it plans to invest more than $2 billion in China through 2012 in research and development, technology and financial services partnerships. The move marks GE’s “confidence in China’s long-term …
In theory, the role of the director of the White House National Economic Council is to present the president with an unbiased range of economic opinions. Larry Summers didn’t do that — he promoted his own views instead. But wh…