US photographic film pioneer files for bankruptcy protection after years of failing to make a profit in digital market. Eastman Kodak, the US-based company which brought photography to the masses over a century ago, has filed for bankruptcy protection after years of failing to become a profitable seller of modern consumer products. The 130-year-old photographic film [...]
Please join us for our monthly luncheon on Thursday, February 9, 2012. Wayne Forrest, President of the American Indonesian Chamber of Commerce, New York, NY will be our Guest Speaker. We are also pleased to have a special guest join us, Ni Made Ayu Marthini, Attache for Trade & Industry, Embassy of the Republic of [...]
In east Java, men climb steep paths carrying heavy loads of sulphur rock from the mouth of a volcano. “Work is often difficult to see, and therefore difficult to depict. Physical labour is probably the only real kind of work.” Michael Glawogger In today’s technological age is heavy manual labour disappearing or is it just [...]
Editor’s Note: A recent New York Times op-ed by Dowell Myers argues that we need to shift from an “immigration policy,” focused on border enforcement, to an “immigrant policy” focused on the integration of those who are already here. The argument is based on reports that illegal immigration to the United States has dropped dramatically. Michelle Mittelstadt, [...]
Today, the President and First Lady hosted the St. Louis Cardinals at the White House to congratulate the team on its World Series win last year. The Cardinals, who President Obama called “the greatest comeback team in the history of baseball,” made the playoffs after rallying from a ten and a half game deficit with [...]
Kraft Foods Inc said that splitting into two companies would lead it to cut about 1,600 jobs in North America this year and that its 2011 profit should be slightly higher than it had previously forecast. About 40 percent of the job cuts come from the company realigning its U.S. sales division, Kraft said. About [...]
High school students’ vehicle gets green light from officials looking for alternative to imported automobiles A car developed by high-school students in Indonesia is being promoted as a way of kickstarting the country’s own automobile industry. Virtually all of the country’s 24 million cars are made by foreign companies and with it a handsome profit. [...]
The possibility of sinking is the last thing you want to think about when booking a carefree vacation at sea. Yet colorful ads depicting people having the time of their lives on cruise ships are now competing with frightening footage of Costa Concordia passengers, some still elegantly dressed for dinner, on a desperate quest to [...]
Passengers say captain left vessel while others were still aboard, as ship’s owners say he made an “error of judgment”. The owners of a cruise ship that ran aground off an Italian island, maritime authorities and passengers have raised questions about the conduct of the [...]
Porto Santo Stefano, Italy – The 3,200 passengers aboard the Costa Concordia cruise liner were enjoying a night of entertainment and relaxation off Italy’s Mediterranean coast. Then, at about dinnertime, the lights went out, an ominous scraping sound moaned through the hull, and the ship tilted to one side. The 1,500-cabin luxury vessel, which was [...]
President Obama discusses steps he’s taking to ensure that more goods and products stamped “Made in America” are sold in the United States and around the world. Print PDF This post was submitted by The White House / IM.
Today, President Obama announced a new plan that will make it easier to do business in America. There are currently six major federal departments or agencies that focus on business or trade: the U.S. Department of Commerce’s core business and trade functions, the Small Business Administration, the Office of the U.S. Trade Representative, the Export-Import Bank, the [...]
Washington – Two of the four Marines shown in a video urinating on dead bodies sprawled out on the ground have been identified by the Marine Corps, a Marine Corps official told CNN Thursday. The names are not being made public, said the official, who did not want to be identified because the investigation is [...]
What is insourcing? After decades of watching American companies take jobs to other countries, we’re beginning to see entrepreneurs and manufactures make the decision to keep factories and production facilities here in the United States—or even bring jobs back to the U.S. from overseas. How do we know this is happening? For the past 22 months, [...]
Neither bankruptcy nor a liquidation can kill iconic brands. Before the ink was even dry on Hostess Brands’ bankruptcy filingWednesday morning, interested buyers were already digging into the potential value of the Hostess name and how Twinkie, Ding Dong or Wonder Bread could be repurposed into other consumer products. For now, Hostess will continue to churn [...]
Discovered in the Papua New Guinea rainforest, they have barely beaten an Indonesian fish that got the title in 2006. Frogs that can perch on the tip of your little finger with room to spare have been claimed as the world’s smallest vertebrates, out-tinying a fish that got the title in 2006. The Paedophryne amauensis and [...]
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