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Myths and Misrepresentations About Income Inequality

One of the main pillars supporting the income inequality debate has been found to be seriously flawed throwing doubt onto the claim that the rich are getting richer. In addition, there is much confusion in the public discourse when politicians talk about the wealthiest Americans. Income is not wealth -- and the whole tax controversy is about income taxes.

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GE’s Jeff Immelt Says U.S. Companies Have the Capability to Compete Globally

When Jeff Immelt took control of GE as CEO in 2001, 70 percent of the company's business was domestic. Today 65 percent is derived from outside the U.S. As a result, Immelt is pushing for American companies to become more competitive in world markets— something he believes whole-heartedly can be done. Here's what the GE CEO had to say about interational operations and the effort to get more U.S. companies in the game.

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Does Your Company Outsource Too Much (like GE)?

“In some areas we have outsourced too much,” General Electric CEO Jeffrey Immelt acknowledged in a speech as he announced plans to open a new manufacturing research center outside Detroit that will create more than 1,000 jobs. Sometime after Immelt made his remarks, Boeing acquired a South Carolina factory from one of its key suppliers, Vought Aircraft Industries. Bringing the ...

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So, You Want to be a Multinational?

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Global expansion comes with global risk. As more and more firms expand their supply chains into high-risk emerging markets – often using networks of vendors and agents to rapidly put boots on the ground in these regions – they are increasingly exposed to the kinds of fraud risks that can sink their global aspirations.

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The Payback Potential of Power

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Most CEOs know the exact cost of their IT or healthcare spending, yet most don’t know the costs associated with their energy use. For many companies, particularly manufacturing firms, this energy expenditure is larger than healthcare or IT costs and growing faster. Perhaps most importantly, it’s a cost businesses can often reduce by 30 percent or more through active energy ...

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