"Outsourcing" somehow continues to be a very charged kind of word. The public automatically associates it with "job losses" in the US. Therefore companies don’t want to talk about it and yet need to do it. I am trying to find articles that explore outsourcing savings with the rise of the DOW over the 11,000 mark- but I do think that there is at least some connection as is the connection of outsourcing with lowering of the US unemployment rate.
Along with the Dow’s rise is the glum news from US Automakers and the unobtrusive showing of "Geely" the first Chinese car under $10,000 unveiled at the Detroit show. Detroit executives continue to be "unconcerned" even as poor Andy Rooney recovers from a barrage of mail when he criticized American cars.
SONY, the Japanese Company, wants to come out of the innovation woods and wake up to the assault from iPOD and Steve Jobs. To do this they have hired a British Knight Sir Howard Stringer who has mostly trained as a media executive in the US.
What a great Global start to 2006!
Hello- just to let you know, I hear by the end of 2006 GEELY stock will be 2$ a share.