Tag: business & economy
Tourist trade dries up as Mali struggles with Islamist insurgency
Mali's tourism industry was long its third-most important, fueling local economies and keeping people employed. But after terrorists and separatists seized control of the country's northern region, that tourism has all but disappeared....
Cerberus Capital Management moves to end investment in gun conglomerate
The Sandy Hook tragedy has ignited an open debate on gun control and availability of mental health services. But for the private equity firm Cerberus Capital Management, the aftermath of the shooting has changing with whom they do business. ...
NAFTA, 20 years later: Florida tomato farmers struggling with competition
Mexico's tomato farmers have found great success sending their products to the United States since the implementation of the North American Free Trade Agency 20 years ago. But it's come at a cost to Florida's tomato growers....
20 years after NAFTA, Michigan workers still struggling
When NAFTA was passed two decades ago, critics hailed it as a boon for the American economy. Critics assailed it and said it would cost American jobs. While it's hard to say who was right, in Michigan's car towns, many workers feel left out of any boom....
Myanmar protests test government commitment to political reforms
A Chinese company is moving to begin a large copper mining project in rural Myanmar, but its running into stiff resistance from monks and local farmers who say they're being taken advantage of. Police moved in with water cannons and fire bombs -- but the national government says that won't happen again....
Commentator says fiscal cliff negotiators are leaving poor behind
Now more than ever there's a need to set partisan differences aside to address the number of Americans living in poverty, activists say. But with no representation for the growing number of people falling into poverty, some are calling fiscal cliff negotiations a threat to our democracy....
Politicians deadlock on agreement to avert fiscal cliff cuts, hikes
The negotiations over the fiscal cliff continue with few outward signs of progress. Democrats and Republicans are pointing fingers and seem able to agree on just one thing: don't expect any deals before Christmas....
Michigan film industry rises and falls as tax credits come and go
When Michigan's auto factories started to close, many wondered what to do with them. The state decided to try and turn them into movie studios, which worked for a time. Until the tax credits ran out. Now those new studios are empty former factories once more....
Job placement agency looks beyond education credentials for candidates
Job creators usually look for the best and the brightest out of college. But one company believes having a can-do attitude is more important than a college degree. ...
Local officials find difficulties in evaluating effectiveness of business tax incentives
States are competing against each other with tax incentives in the battle for jobs. But once incentives are given out, some are finding it impossible to determine whether they're getting any return on their investment....
