Relocation of Business
States With Abortion Bans Risk Losing Their Economic Edge
As a group of conservative states enacted severe abortion restrictions last year, Gov. J.B. Pritzker of Illinois sent letters to a handful of corporate executives with close ties to Texas. Mr. Pritzker, a Democrat, urged executives to rethink basing their companies in “a state that strips its residents of their dignity.” Most workers, he wrote, […]
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The Pandemic Flight of Wealthy New Yorkers Was a Once-in-a-Century Shock
The outlook for this year has become much less certain as the stock market has plummeted in recent months and certain forms of federal aid, like stimulus checks and expanded unemployment benefits, have ended. The city’s Independent Budget Office said it was not possible to calculate the tax revenue lost from the people who had […]
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With Funding Stalled, Chip Makers Warn Congress the U.S. Is Lagging
WASHINGTON — Top chip makers are pressuring Congress to quickly pass a measure providing more than $52 billion for companies that build semiconductor factories in the United States, privately warning lawmakers that failure to do so could prompt them to take their manufacturing plants elsewhere. The bill, known as the CHIPS Act, would deliver semiconductor […]
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The Era of Cheap and Plenty May Be Ending
Ford Motor, which has grappled with pandemic supply chain issues, is working on making its own batteries — including in America. “In the medium and long term, securing raw materials, processing, precursor and refinement and setting up battery production here in the U.S. and around the world is a big work statement for us,” Jim […]
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Russian Tech Industry Faces ‘Brain Drain’ as Workers Flee
“We don’t have enough quality apartments for highly educated people with high salaries and high standards,” said Aram Shahbandarian, a former Google employee based in Yerevan who is helping many Russians move to the city. “Yerevan is cracking.” Vahan Kerobyan, Armenia’s economy minister, said in an interview that as a country with a strategic relationship […]
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Spokane was the Next Affordable City. Now, It’s Too Expensive.
Mr. Silbar, the real estate agent, has sold it twice in the past three years. The first time, in November 2019, he represented a buyer who offered $168,000 and got it with zero drama. This year it went back on the market, and Mr. Silbar listed it for $250,000. Fourteen offers and a bidding war […]
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Warehouse Space Is the Latest Thing Being Hoarded
As retailers and logistics companies try to stockpile goods to hedge against supply chain problems, they are facing a new challenge: In many parts of the United States, there is little to no space available to stash the merchandise. The shortage of commercial warehouse and industrial space is the latest fallout from pandemic-fueled growth in […]
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Supply Chain Woes Prompt a New Push to Revive U.S. Factories
When visitors arrive at the office of America Knits in tiny Swainsboro, Ga., the first thing they see on the wall is a black-and-white photo that a company co-founder, Steve Hawkins, discovered in a local antiques store. It depicts one of a score of textile mills that once dotted the area, along with the workers […]
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Bob Blitz Held the NFL to Task Over the Rams’ Relocation
In a separate deposition in October 2020, N.F.L. Commissioner Roger Goodell was pressed repeatedly on the question at the heart of the lawsuit: Did the N.F.L.’s team owners ignore their own relocation guidelines when they voted to allow the Rams to move? Goodell gave elusive responses on whether the owners had considered each of 12 […]
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