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| Bill protects US jobs from foreign investment Sherrod Brown (D., Ohio) said Monday that he is co-sponsoring bipartisan legislation that would give the Commerce Department the ability to review foreign purchases of — or investment in — U.S. industries to determine if they are in the best economic interest of American workers. The United States ...
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| Infosys To Create 500 US Jobs Over 5 Years At New Innovation Hub New Delhi: IT major Infosys today said it will set up a design and innovation hub in Rhode Island, US, a move that will provide employment to 500 ... seen to be aimed at wooing the Donald Trump administration that has been critical of outsourcing firms for "unfairly" taking jobs away from the US workers.
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| Houston Job Growth Rate Exceeds US Hurricane Harvey took a toll on job growth in Houston during the month of September, said Cheryl Abbott with the U.S. Bureau of Labor Statistics. "A lot of people who were in say, the leisure and hospitality industry were unable to work and that would be places like restaurants." But now, Abbott said the ...
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| US House Approves Tax Cuts and Jobs Act "The bottom 50 percent of income earners in the U.S. only pay three percent of all the taxes. The top one percent are paying about 40 percent of income taxes and the top 10 percent are paying about 70 percent. If we're going to give tax cuts to people, then we have to give the tax cuts to the people who ...
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Detroit 3 execs warn Vice President Mike Pence of NAFTA withdrawal costs But when the reduced production of parts that now flow tariff-free across the borders in both directions is taken into account, another 31,000 U.S. jobs could be lost. Last month, a coalition of manufacturers, parts suppliers and dealers called Driving American Jobs formed to preserve NAFTA in its current ...
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Trump nominee for Fed chair says he strives for a 'full recovery' in the economy ... to support the economy's continued progress toward full recovery," Jerome Powell, a Federal Reserve Board governor, says in prepared remarks for scheduled Tuesday testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs. "Our aim is to sustain a strong jobs market with ...
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| DeFazio and Walden applaud Commerce Department decision to protect US timber jobs WASHINGTON — Reps. Peter DeFazio, D-OR, Eugene, and Greg Walden, R-OR, Hood River, on Nov. 18 applauded the U.S. Department of Commerce's final determination of anti-dumping and countervailing duties on China's hardwood lumber market in response to their unfair trade practices.
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| US Companies Win $44 Billion in New UAE Orders at Dubai Airshow According to the US Department of Commerce jobs multiplier, this order alone will support 78,000 US jobs – both at Boeing and at its suppliers across the US. Also at the Airshow, UAE-based regional airline flydubai announced a separate $27 billion order for 225 Boeing 737 MAX Airplanes, the ...
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| UK Announces Pharma Investment, Aims to Boost Productivity 27, 2017, that two major drugs companies plan new research facilities that will bring 1,750 jobs to Britain, part of plans to boost the country's sagging productivity after Brexit. U.S. drug-maker Merck, known internationally as MSD, will open a research hub in London, creating 950 jobs, and German life ...
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| ND could be one of the most affected states if US withdraws from NAFTA Though much of the rhetoric surrounding the potential withdrawal from NAFTA has focused on loss of U.S. jobs, May says North Dakota has many jobs supported by exports. Warner and May say the trade office has had discussions with the state's congressional delegation about NAFTA — and they say ...
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