A PEEK under the hood of three new cars from Volvo, Buick and Cadillac will not reveal a Made in China label. But those cars are breaking new ground in the auto industry, becoming the first to be manufactured in the People’s Republic and exported to the United States. Read more
Two congressional Democrats on Monday blamed Ford Motor Co.’s exit from Japan on the lack of currency manipulation provisions in a sweeping Asia-Pacific trade deal. Read more
The Town’n Country grocery in Oriental, North Carolina, a local fixture for 44 years, closed its doors in October after a Walmart store opened for business. Now, three months later — and less than two years after Walmart arrived — the retail giant is pulling up stakes, leaving the community with no grocery store and no pharmacy. Read more
Walmart Stores Inc. plans to shutter 269 stores, the most in at least two decades, as it abandons its experimental small-format Express outlets and looks to streamline the chain. Read more
Schumer: Feds are currently listing flatware and other products made by companies as ‘American-Made’ when they are actually produced overseas, putting companies that manufacture in the U.S., like Sherrill Manufacturing in Central, NY, at a disadvantage. Senator pushes feds to review ‘Made in America’ listings and immediately remove companies that are falsely listed. Read more
