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Economy

Columbia Sportswear Is Scouting Factories in Central America

Evan Harrington

Stan Burton wandered the Guatemalan factory like a prospector probing for buried treasure.His company, Columbia Sportswear, had long relied on plants in Asia to make its clothing, but that appeared…

Economy

A Push for Tech Hubs in Overlooked Places Picks 31 to Vie for Money

Evan Harrington

The Biden administration said on Monday that it had chosen 31 regions as potential recipients of federal money that would seek to fund innovation in parts of the country that…

Economy

U.A.W. Expands Strike to a Ram Plant in Michigan

Evan Harrington

In a major escalation of its six-week strike at the three large U.S. automakers, the United Automobile Workers union on Monday told 6,800 workers at a large Ram pickup truck…

Economy

How High Interest Rates Sting Bakers, Farmers and Consumers

Evan Harrington

Home buyers, entrepreneurs and public officials are confronting a new reality: If they want to hold off on big purchases or investments until borrowing is less expensive, it’s probably going…

EconomyFicohsa, Honduras

Fitch Ratings affirms Ficohsa’s ‘A+(hnd)’ rating; Stable Outlook

Evan Harrington

Fitch Ratings, one of the world's leading credit rating agencies, has recently affirmed Banco Financiera Comercial Hondureña, S.A. (Ficohsa) at 'A+(hnd)', with a stable outlook. This rating reflects Ficohsa's financial…

Economy

Why Olive Oil Is So Expensive Right Now

Evan Harrington

There is something different lately about the olive oil Michelle Spangler buys, bottles and infuses with flavors like basil and blood orange for her store in Dallas. It’s not the…