A decision by Congress to extend the Export-Import Bank only temporarily is raising concern among business owners who say they rely on the credit agency to lower the risks of exporting. [Reposted from The Wall Street Journal | Michael Crittenden and Adam Janofsky | October 22, 2014, 2014] Congress extended the agency’s charter through the…
A railcar and locomotive manufacturer controlled by China’s government has emerged as the top bidder for a $566.6 million contract to supply the MBTA with new cars for the Red and Orange lines. The Massachusetts Department of Transportation board of directors is scheduled to vote Wednesday on the contract for CNR MA Corporation, which is…
At a welcoming banquet in Japan in the 1980s, Ford Motor F 0% chairman Philip Caldwell received a memorably double-edged compliment. “There is no secret about how we learned to do what we do, Mr. Caldwell,” said the head of Toyota Motor , Eiji Toyoda. “We learned it at the Rouge.” [By Eamonn Fingleton |…
HONG KONG — China churns out many of the world’s electronic devices: smartphones, computers, complicated networking equipment. Now the country is redoubling its efforts to design and produce the brains behind most of those electronics, the chip. [by Paul Mozur | October 26, 2014 | The New York Times China is playing catch-up with global…