Florida Gov. Rick Scott is calling for spending $30 million a year on new job training programs. Scott on Thursday announced the initiative during a stop at a convenience food manufacturer. The programs will be focused on fields in science, technology, engineering and math and high-demand areas.
In a turnabout, there are now slightly more union members working for private firms than in government, the Bureau of Labor Statistics reported Friday. That reverses a five-year trend. Although the rate of membership among all workers didn't budge, the overall number of union members grew slightly, rising about 162,000 to nearly 14.5 million.
A regulatory filing says the Overland Park, Kan.-based company began drawing up layoff plans last week. A Sprint spokesman says the company's managers are still reviewing how many jobs they will need to cut. The purge is expected to be completed by the end of June.
The Mac introduced real-world metaphors such as using a trash can to delete files. It brought us fonts and other tools once limited to professional printers. Most importantly, it made computing and publishing easy enough for everyday people to learn and use.
Among her priorities is making GM's brand messages clear and consistent worldwide. New vehicles like the Cadillac ATS sedan — which goes on sale in China this year — can help Cadillac become a global luxury brand. Chevrolet needs to show that it provides a lot of value to buyers.
Amid warnings from business groups and car manufacturers about using higher concentrations of ethanol in gasoline, a Missouri Senate committee considered Thursday whether to permanently block a proposal allowing gas stations to sell fuel containing 15 percent ethanol.
Watch out for exploding toilets. Flushmate, the maker of a high-pressure flushing system sold at Home Depot and Lowe's, is expanding its recall of the parts, because they can burst near a seam with force enough to shatter the toilet tank.
PepsiCo said it plans to invest $5 billion in the country over the next five years, with the funds going toward efforts such as the expansion of its production lines and delivery infrastructure, and the strengthening of research and development capabilities.
China's Lenovo Group is buying IBM's server business for $2.3 billion, expanding a product line-up dominated by PCs, tablets and smartphones. Lenovo, the world's biggest personal computer maker, said Thursday it expects to offer jobs to 7,500 IBM employees as part of its acquisition of the x86 server business.
The Republican governor said he is seeking 50,000 work visas solely for the city over five years. The type of visas involved are not currently allocated by region or state, but rather go to legal immigrants who have advanced degrees or show exceptional ability in certain fields.
Small business owners may be looking to the next SBA administrator for help making their companies stronger, but the role reaches into job creation and the health of the broader economy. More than 99 percent of the 27 million companies in the U.S. are small businesses. They employ about half the nation's workforce.
Overall, confidence in the equipment finance market is 64.9, the highest confidence level in two years, and an increase from the December index of 55.8. An improved general outlook for economic activity among industry leadership contributed to the increase.
A subsidiary of General Electric has agreed to pay $2.7 million to resolve claims its employees made false statements to the U.S. Department of Energy and Nuclear Regulatory Commission about a reactor component.
The agency's announcement comes in response to a study by Consumer Reports that shows varying levels of 4-methylimidazole — an impurity formed in some caramel coloring at low levels during the manufacturing process — in 12 brands of soda from five manufacturers.
With expectations that economic growth will continue in 2014, U.S. industrial manufacturers expressed optimism about the U.S. economy, and more importantly, toward the broader world economy, which has reached the highest level since the fourth quarter of 2010, according to the Q4 2013 Manufacturing Barometer, released today by PwC US.
Chinese manufacturing looks set to contract in January for the first time in six months, according to an survey released Thursday, further evidence of a slowdown that complicates reform efforts in the world's No. 2 economy.
Toyota remained the top-selling automaker for the second year in a row, beating U.S. rival General Motors by some 270,000 vehicles in 2013, and set an ambitious target to sell more than 10 million vehicles this year. That would mark a milestone as no automaker has ever topped annual worldwide sales of 10 million.
The money will be used to pay back wages and interest to nearly 3,000 applicants who were rejected for jobs at facilities in Springdale, Ark.; Fort Morgan, Colo.; and Beardstown, Ill., between 2005 and 2009. U.S. Department of Labor officials say the company's hiring process discriminated based on sex, race, and ethnicity.
Activist investor Carl Icahn has raised his stake in Apple as he escalates his campaign to pressure the company into buying back more of its stock while the shares remain stuck far below their peak price.
With the worst of the global financial crisis behind them, CEOs are ready to move on from the fight for survival their businesses have been in for the past few years, a survey found Tuesday.