Asia's expanding economies and growing middle class are a benefit to Singapore and may help offset the threat of a trade pullback from the U.S., according to the city state's Economic Development Board.
The growth of e-commerce is putting enormous new demands on U.S. highways, airports and other infrastructure, which must be modernized with sustainable funding, FedEx Corp. Chairman and Chief Executive Frederick Smith said.
When Trump administration appointee Wilbur Ross sat for a hearing on his commerce secretary nomination, one name kept coming up: Toyota. A senator from Vice President Mike Pence's home state asked to be reassured trade reforms wouldn't compromise Indiana jobs. Another from Mississippi said he was "tickled to death" Corollas are built in his state.
Sneaker producers, automakers and retail giants are facing tumult in their international operations as President Donald Trump pushes ahead with a dramatic overhaul of U.S. trade policy.
SAP SE raised its targets for 2020 as customers bought its latest suite of applications at a faster pace, and Chief Executive Officer Bill McDermott - a fan of Donald Trump's "The Art of the Deal," - said he wouldn't "lay off the accelerator" on acquisitions, engineering investment or a potential share buyback.
The word in Davos: Ignore the tweets. Executives gathered in the Swiss resort for the World Economic Forum last week kept repeating, like a soothing mantra, that Donald Trump is at heart a pragmatist who will avoid trade wars and regulations that make it harder to do business.
The number of businesses identifying themselves as "LGBT-certified" has tripled in the past five years as large companies, including Northrup Grumman Corp. and Major League Baseball, seek more diversity among suppliers.
Wal-Mart Stores Inc. is overhauling its e-commerce team and elevating executives from its recently acquired Jet.com business, aiming to better challenge Amazon.com Inc.with more selection and lower prices.
