Some companies who sell to the U.S. now prefer Mexico to China as a manufacturing base. Rising Chinese labor costs are part of the reason. Mexico's proximity to the U.S. is another.
It's been nearly a year since Richard Crowe was laid off from his job as a steelworker. And because of the sequester, his unemployment check was cut 10 percent. But a new job might be in his future.
A building housing several clothing factories collapsed in Bangladesh earlier today. At least 87 people are dead and many others are thought to be trapped in the rubble.
Made in the USA is coming back into fashion in Silicon Valley. Today, the buzz is that Google is planning to make its long-awaited 'Google Glass' in California.
The U.S. government has approved China's largest auto parts maker Wanxiang's plans to buy A123 systems. The result might be a huge loss of jobs in America.
For decades, the story of American manufacturing has been all about outsourcing. Lately though, some new terminology has come into vogue — 'insourcing.'
