Skeletal government: As Trump takes over, hundreds of jobs will be unfilled

Senate Democrats are stirring up an angry ruckus in Washington these days, questioning the qualifications of Donald Trump’s Cabinet nominees and threatening to delay confirmations until they get more answers. As has often happened in past presidencies, a couple of nominees could soon go down to defeat. Even so, Republicans retain the upper hand and […]

Trump scores PR win against automakers, but can he take credit for the jobs?

Investments of $5.8 billion. Promises of at least 4,700 new factory jobs. President-elect Donald Trump is getting the headlines he wants from the auto industry. But it’s not clear how much credit Trump deserves when it comes to the recent flurry of announcements about jobs. Most of the investments announced by companies since the election […]

Banks begin moving thousands of jobs out of Britain

Banks are already preparing to move thousands of jobs out of Britain after Prime Minister Theresa May revealed that she wanted a complete break with the European Union. May said Tuesday that Brexit meant the U.K. would also cease to be a member of the European Union’s single internal market. That could force banks and […]

Larry Summers: Trump’s policies will kill more jobs than they save

Donald Trump’s polices will end up hurting his voters, a former U.S. Treasury secretary said on Wednesday. “The people who will be the victims of populist policies are the lower income and middle class people in whose name the policies are offered,” Larry Summers said at the World Economic Forum in Davos. Even Trump’s attempts […]

2,000 GM workers to lose jobs on Trump Inauguration Day

Robert Sheridan is a 40-year-old GM worker who voted for Donald Trump. He can barely contain his excitement about Inauguration Day, even though it will be a rough day for him on a personal level. He’s one of 2,000 GM factory workers losing their jobs on Friday, the same day that Trump will be sworn […]

Dear Trump: Please save our middle-class jobs

Robert Sheridan is a 40-year-old GM worker who voted for Donald Trump. He can barely contain his excitement about Inauguration Day, even though it will be a rough day for him on a personal level. He’s one of 2,000 GM factory workers losing their jobs on Friday, the same day that Trump will be sworn […]

China: As Xi Jinping praises free trade, critics of Mao lose their jobs

In a speech in Davos Tuesday, Chinese President Xi Jinping treated his audience of world business leaders to a full-throated defense of globalization and free trade. It was a surprising move by the head of a party co-founded by Mao Zedong and which claims the “realization of communism is (its) highest ideal and ultimate goal.” […]

Trump takes credit for saving Monsanto jobs, but …

Following Donald Trump’s meeting with the CEOs of Monsanto and Bayer last week, the president-elect’s transition team says the companies will increase research and development spending in the U.S. and keep Monsanto’s headquarters in St. Louis. But will any workers lose their jobs? German pesticide and drug giant Bayer is planning to buy American seed […]

GM to invest $1 billion in U.S. plants, add or keep 7,000 jobs

Under attack from President-elect Donald Trump for its investment in Mexican plants, General Motors announced plans Tuesday to invest at least $1 billion in U.S. factories and committed to creating or retaining about 7,000 U.S. jobs in the coming years. The company will move 450 jobs from GM supplier plants in Mexico back to the […]

GM to invest $1 billion in U.S. plants, add or retain 1,000 jobs

Under attack from President-elect Donald Trump for its investment in Mexican plants, General Motors will announce plans Tuesday to invest at least $1 billion in U.S. factories, a move it said will create or retain at least 1,000 jobs. The announcement is due later Tuesday morning, according to a person familiar with the plans. The […]

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