Category Archives: Multinational Companies

US Multinationals Face Declining Profit in Europe, Tapping Into Latin America Instead

US multinational companies are facing declining sales in Europe, with some companies barely making any profit. According to an InvestorPlace article, “The double whammy of a shrinking Eurozone economy and weaker euro makes an already depressed revenue picture for some … Continue reading

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An Interview With NYU Stern School Of Business Professor Kim Ruhl On Multinational Companies And Their Impact On Underdeveloped And Developing Countries

Are multinational companies more helpful or hurtful to the underdeveloped countries in which they operate? “They’re probably good in most cases. They tend to provide higher wages than domestic firms do. Usually, there are some transfers of technology that are … Continue reading

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Google, Microsoft and FedEx Top List of “The 2012 World’s Best Multinational Workplaces”

A list of “The 2012 World’s Best Multinational Workplaces” was recently published by Great Place To Work, a global consulting and training firm, who compiled the list by surveying 350 multinationals out of the 5700 that participated in its “Best … Continue reading

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Whole Foods Market CEO John Mackey Believes In Business Model That Is Not Solely Profit-Driven

“I do not believe maximizing profits for the investors is the only acceptable justification for all corporate actions. The investors are not the only people who matter. Corporations can exist for purposes other than simply maximizing profits” – John Mackey, … Continue reading

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Wall Street Supports Romney, Bankers Feel Dodd-Frank Is Too Restrictive

Much of Wall Street is supporting Mitt Romney, who vows to repeal parts of the 2010 Dodd-Frank Act, which heavily regulates how the financial sector is run. New York — Mitt Romney has won the support on Wall Street (despite … Continue reading

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Multinational Automakers Help With Hurricane Sandy Damage

Multinational automakers, such as General Motors, Ford and Toyota have recently announced their plans to help with the damage caused by Hurricane Sandy. According to an InsideLine article, General Motors said those whose cars were damaged or destroyed due to … Continue reading

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Update: Ecuador Files Lawsuit in Argentina, Hopes For $19 Billion

The rather messy and ongoing lawsuit involving Chevron’s operations in Ecuador seems to only be getting worse. The article I posted last week discussing the 18-year-long legal battle between the energy giant and the government of Ecuador talked about how … Continue reading

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