We recently sat down with Woodbury University President Luis Calingo, member of the 2013 Board of Examiners for the Malcolm Baldrige National Quality Award. He offers perspective on goals every company in this sector should strive for and the irony of cost cuts that are often made to employee training programs.
The Wall Street Journal speaks with Andrew Liveris, CEO of Dow Chemical about his management strategy and view for the future. He also discusses how his optimism is key to his success and how he uses that optimism to set the tone for the rest of the company.
Executives of Chinese oil giant PetroChina Ltd. have been told to hand in their passports as an anti-corruption investigation of the industry spreads, a newspaper said Tuesday. Authorities say five current or former executives of state-owned PetroChina and its parent, China National Petroleum Corp. are suspected of "discipline violations."
A closer look at the factors contributing to slowing growth rates in Brazil, Russia, India and China offers insight on the next collection of emerging markets beyond the subset of countries known as BRIC, as well as the established economies picking up the pace.
Five more executives of Chinese oil companies are being questioned in a spreading anti-graft probe of the industry, a newspaper reported Monday. The investigation appears to be part of efforts by China's new leadership under President Xi Jinping to tighten control over state-owned energy companies.
Koch Industries Inc. is buying electronic components and cables maker Molex for approximately $6.86 billion. Koch — run by the billionaire brothers Charles and David — said Monday that it will pay $38.50 per Molex Inc. share. The companies put the deal's total value at about $7.2 billion.
Shell officials on Monday began talks in Nigeria's southern city of Port Harcourt with representatives from the Bodo community. The groups discussed compensation and cleanup five years after one of the worst oil spills in Nigeria's history.
Michigan may have large reserves of natural gas thousands of feet below the earth's surface but they probably won't be developed on a large scale for many years, if ever, giving policymakers time to deal with the environmental and public health concerns associated with fracking.
U.S. workers were more productive from April through June than previously estimated, while labor costs were unchanged. Productivity grew at an annual rate of 2.3 percent in the April-June quarter, up from an initial estimate of 0.9 percent. Still, even with the increase, productivity growth has been weaker than during the recession and early stages of the recovery.
The number of Americans seeking unemployment benefits dropped 9,000 last week to a seasonally adjusted 323,000, near the lowest level since June 2008. The figure shows employers are laying off fewer and fewer workers. Still, the unemployment rate is well above the five to six percent range associated with a normal economy.
The United States' competitiveness among global economies is rising after four years of decline, though northern European countries continue to dominate the rankings published annually by the World Economic Forum. In its latest survey, the Forum ranked the U.S. fifth for overall competitiveness, up from seventh last year.
New Hampshire's attorney general is suing Shell Oil Co., seeking reimbursement of $2.4 million in cleanup costs, saying the company did not disclose that it had insurance coverage for those costs. Attorney General Joseph Foster says Shell owned or operated gas stations in New Hampshire from the 1930s through 1998.
The price of oil hovered above $108 a barrel on Wednesday after President Barack Obama secured the support of key U.S. politicians for a punitive strike against Syria, but international backing for the attack was still tentative. By early afternoon in Europe, benchmark oil for October delivery was down 30 cents to $108.24 a barrel.
The plant, which closed last year, is now owned by Cando Pasta LLC, a partnership of local businessmen Jim and Bruce Gibbens and two other investors. The plant's re-opening is a windfall for Cando, a town of 1,125 people. Employment could triple in the coming months as the plant comes on-line.
A debate over the rising cost of building a nuclear plant in Georgia will be delayed, as the members of Georgia's Public Service Commission have voted to defer a decision over whether to raise the budget for building two more reactors until January 2018 at the earliest.
Special Metals' alloy plant in Huntington, WV could face $254,000 in city fines for alleged sewer and industrial waste discharge violations. The proposed fines include $200,000 for failing to address nine unspecified violations between 2003 and February 2013.
73 percent of brand owners taking part in a qualitative Manufacturing Excellence Share Group panel developed by the Alliance for Innovation & Operational Excellence (AIOE) said the most difficult skill to find in today’s production workforce is the ability to solve problems.
Cheesemaker MDS Foods Inc. plans to build an expanded production facility in Manchester. Coffee County industrial board executive director Ted Hackney says employment is expected to grow from 41 to about 70 in the next few years.
Not too long ago, an article penned by members of A.T. Kearney’s Strategic Operations Practice outlined some of the major reasons why re-shoring, for all its business viability and value to the American economy, faces real problems with aging machinery and a workforce in need of new, well-trained people..
Economic times are challenging many businesses today, and the current economic environment poses even greater difficulties for entrepreneurial startups and small businesses that are struggling to get established, grow or just stay in business.
Dow Chemical Co. says it will invest $1.06 billion to build two new polyolefins plants and upgrade its ethylene capacity at the company's 3,300-acre site in Plaquemine. The company says the move will create 71 new jobs at the facility and an additional 470 indirect jobs.
The head of security for the administrator of BP's multibillion-dollar settlement with Gulf Coast residents and businesses says an internal probe of alleged misconduct by an employee of a Mobile, Ala., claims center hasn't turned up any evidence of fraud.
Oneok Partners L.P. said Monday that it will spend $440 million to acquire and improve some natural gas-related assets in the Powder River Basin in Wyoming. The company said the deal includes the purchase of a natural gas processing facility for $305 million.
In a town known for beer, Fort Collins residents Aaron Fodge and Matt Fater are betting on apples. The two men last year started a hard cider company, pressing apples in Fater's garage and then fermenting the juice with honey to make apple wine.
Despite Luminant's cash crunch and crushing debt, the Texas Railroad Commission, which oversees mining permits, has allowed the company to expand its operations. Even with bankruptcy looming, Texas has granted the company a new permit to self-bond as it expands a mine in the Tatum area.