Business, Finance & Economics

Business, Finance & Economics

Southeast Asia hopes a new common market will give it clout, but it may have a weak link in Thailand

Not so long ago, Thailand could boast about having one of the fastest growth rates in the world. But political turbulence, protests and a couple of coups have taken their toll. And there's anxiety about what will happen when the beloved king dies. How might the new Association of Southeast Asian Nations (ASEAN) Economic Community help Thailand get its act back together? What risks does Thailand's volatility have for a nascent regional grouping, with big aspirations to counterbalance China?

Business, Finance & Economics

Detroit's existing immigrant communities feel left out by a new proposal to attract skilled immigrants

Michigan Governor Rick Snyder is pushing immigration as one solution to Detroit's economic woes. He's asked the Obama Administration to designate 50,000 visas to attract skilled immigrants and entrepreneurs to the bankrupt city during the next five years. But Detroit's existing immigrant communities insist they be included in the economic strategy to bring Detroit back.

Business, Finance & Economics

How to bring high-speed trains to the US

Japan's high speed trains run upwards of 200 miles per hour while Amtrak's Acela can only go its top speed of 150 for short stretches. The reason? Outdated infrastructure. After World War II, the US invested in cars, not trains, and today its passenger railways lag far behind countries in Europe and Asia. Harvard Business School professor Rosabeth Moss Kanter lays out a new vision for US transportation in her book "Move: Putting America's Infrastructure Back in the Lead."