After Boeing announced yet another -- the seventh -- delay in the first delivery of the innovative 787 passenger jet, it's now clear that Boeing's decision to outsource both the design and manufacturing of the plane was more than it could manage.
IBM beat Wall Street expectations with its fourth-quarter earnings released Thursday, growing profit 9% and sales 7%. The company has gained from increased corporate spending on computer upgrades and on outsourcing.
It's the season for reviewing the year that's ending and making predictions for the one ahead. On Tuesday, venture capitalist and DailyFinance columnist Peter Cohan was part of a TV panel that was asked: Who was the person of the year? What was the story of the year? And what will happen in 2011? Here are his answers.
The U.S. is hardly alone in losing work to cheaper skilled labor in foreign countries. Australia, Canada and Israel, among others, have dropped off Gartner's list of the top 30 countries for outsourcing. Here's where IT and business-processing jobs are heading.
Nearly half of Americans in a recent poll believe China has surpassed America as having the strongest economy in the world, and more than half blame outsourcing and the loss of manufacturing jobs for the shift.
The Commerce Department reports that U.S. corporate profits have hit historic highs, so why isn't the GOP -- the party of business -- celebrating? After all, those profits are coming not from revenue growth -- which would benefit workers and executives -- but from cost cutting.
CNBC's Larry Kudlow blogged Tuesday that the a GOP win in November's elections would create an explosion of U.S. job creation. One of his guests that day on The Kudlow Report was DailyFinance's Peter Cohan, who breaks down precisely why that rhetoric doesn't match reality.
There are people around the world rubbing their hands with glee at America's supposed collapse, pundits who say this nation is so bankrupt that it has become irrelevant. But author, venture capitalist and DailyFinance columnist Peter Cohan says don't write America's obituary just yet.
It has been just over three years since the media first saw the shell of the 787 Dreamliner, and since then, Boeing has missed deadline after deadline with plane. Now looks poised to miss another. But will this be the aircraft's last delay?
Outsourcing logistics to specialists is an ever-more popular, and cost efficient, move in corporate America -- and the sector is poised for growth. One top firm in the field, LINC Logistics, is optimistic enough about the future that it has filed for a $115 million IPO.
The office-products retailer has launched Staples Technology Solutions, a unit that will handle tech products and services for business customers, ranging from computer equipment and printer maintenance to managing all the company's IT needs.
If Boeing has any hope of avoiding another Dreamliner-class production fiasco in the future, it'll need to change its ways in some very important areas. Here are four suggestions worthy of serious consideration.
