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The secret to the amazing increases in productivity in the American economy is finally out. Companies in the US are not hiring full-time workers. They are gambling that they can keep their margins...
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Where will Honda Motors (NYSE: HMC) and Toyota Motor (NYSE: TM) go to build their cars and trucks now that Chinese workers striking for better wages? Even if those wages are double what the workers...
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Toyota Motor (NYSE: TM) has been hit by labor strikes in China. The Toyoda Gosei Co. plant in the northern city of Tianjin is owned 42% by Toyota along with a local partner. The work stoppage follows...
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FedEx Corporation (NYSE: FDX) may have been part of the reason for the rally late today that took markets into positive territory. Headlines hit late in the day on the Dow Jones broad tape from...
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Honda Motors (NYSE: HMC) is using good old-fashioned management tactics to overcome strikes that have shut some of its plants and related parts operations in China. The Japanese company agreed to...
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The weekly jobless claims from the Labor Department was roughly in-line with expectations as the rate came to an adjusted drop of 3,000 jobless claims to 456,000. The reading from a weak ago was...
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The Federal Reserve’s newest Beige Book comments are out. They were prepared at the Federal Reserve Bank of Chicago and the cut-off date for information was May 28, 2010. In short, the Fed...
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Oracle Corporation (NASDAQ: ORCL) will deepen its cost cuts as part of its buyout of Sun Microsystems. Sun employees have already endured years of job reductions as the firm’s revenue and market...
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A disaster… That is all that can be used to describe (politely) the May jobs data. The unemployment rate came out as an official 9.7%, meeting estimates. But the non-Farm Payrolls data is where...
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The weekly jobless claims are out from the Labor Department and the results are not as bad as the week before. They are not exactly solid yet either. The claims figure fell by a revised 14,000...
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Weekly jobless claims came in with a lackluster drop of 4,000 to 444,000, effectively in-line with Dow Jones estimates. The week before was revised from 444,000 to 448,000. The good news is that...
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Massey Energy Company (NYSE: MEE) has been thrashed since its catastrophic mine explosion. Shares were near a 52-week high when this came about, and things have gone far south from then. NPR...
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The Labor Department has released its figures for unemployment and for non-Farm Payrolls for the month of March. The official unemployment rate was 9.7% and the change in non-Farm Payrolls was a...
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After the surprise drop of 23,000 in ADP estimated payrolls for March, all eyes were on the Labor Department’s weekly jobless claims data. There was a drop of 6,000 on an adjusted basis to...
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The Labor Department has released its Unemployment rate for February. The official figure kept at 9.7% versus a Dow Jones projection of 9.8%. The change in non-Farm Payrolls in February was...
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