Business, Finance & Economics

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

This Spanish teacher in Guatemala doesn't need to move to the US for a better job, he's got Skype

Marco Antonio Tabin Garcia has never left Guatemala. When he was younger, he considered moving to the United States. But he decided against it and instead taught Spanish at a local school in Antigua for over 20 years. But in the past few years, he's found a way to make a better living, by teaching Spanish lessons over Skype.

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 Outdated infrastructure.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."

Business, Finance & Economics

How Canada tried to eradicate poverty with guaranteed income

For some residents of the Netherlands it will soon be money for nothing. Utrecht in the Netherlands just announced it would be experimenting with "basic income." That is, giving people on welfare a paycheck regardless of whether they get a job or not. This isn't the first experiment in handing out checks without strings. Economist Evelyn Forget studied a similar experiment in Manitoba in the 1970s.