Peter Morici: “Who Killed Black Friday?”

    Black Friday weekend is just not what it used to be. Despite falling gas prices, stock prices posting records, and buoyant consumer confidence, Thanksgiving weekend sales—in stores and on-line—were down about 11 percent from last year. Five forces combined to reduce this year’s spending binge—and most will endure in the years ahead. [by…

Press Release from Forecast International: “Modernization Efforts, Concerns over China Giving Rise to Robust Asia-Pacific Defense Market”

  NEWTOWN, Conn. — Despite the tremors felt across much of the international defense market since the global economic downturn of 2008-09, the Asia-Pacific region will serve as a generator of military spending growth through the near- to medium-term, according to a Forecast International analysis. [Contact: Dan Darling | December 1, 2014 | Forecast International]…

News Release: North County Biotech/Biomed Innovators to Address Current Trends/Challenges at Dec. 4th Event

  News Release                FOR IMMEDIATE RELEASE                                North County Biotech/Biomed Innovators to Address Current Trends/Challenges at Dec. 4th Event SAN MARCOS, Ca, November 25, 2014 – Six North County San Diego biotech /biomed executives, whose innovative companies have capitalized on the brand promise of the region,…

Philadelphia Business Journal: “I-95/PA Turnpike connection to be funded by Chinese investors in exchange for residency”

The Pennsylvania Turnpike Commission is turning to foreign investment for a project that aims to connect the PA Turnpike and I-95. The Philadelphia Inquirer is reporting that Chinese investors are offering $500,000 toward the project in exchange for permanent residency for them and their families. Here’s more: [by Staff | December 1, 2014 | Philadelphia…

Buy American Waiver – vehicles

  There is a danger of government agencies gutting the USA made standards with “waivers”. The Obama stimulus of 2009 included a requirement that goods purchased with government money are USA made. The US government is the biggest consumer in the world, so its buying choices can drive industry procurement choices. The Federal Highway Administration…

King & Spalding’s Trade & Manufacturing Alert: United States Imposes Duties Against Unfairly Traded Imports Of Non-Oriented Electrical Steel

On November 6, the U.S. International Trade Commission (Commission) determined that imports of non-oriented electrical steel (NOES) from China, Germany, Japan, Korea, Sweden, and Taiwan have materially injured the sole U.S. producer of NOES – AK Steel Corporation (AK Steel). As a result, countervailing duties will be imposed on imports of NOES from China and…

Sen. Robert Byrd: Fast Track is “Acme of Crassitude”

The late Senator Robert Byrd (D-WV) was arguably the most avid protector of the constitution, Congress’ power, and American industry. In 2001 he gave this very powerful speech against the constitutional and economic dangers of Fast Track trade authority. H.R.3005 – Bipartisan Trade Promotion Authority Act of 2002 Congressional Record — November 9, 2001—Page S11651-…