Last updateFri, 18 Jan 2019 3pm


Sherman Stirs: U.S. Revives Section 2 of the Antitrust Act

For nearly 120 years, the Sherman Antitrust Act has been the main vehicle through which the government and private parties have regulated the so-called anticompetitive behavior of corporate America.


The act's two main sections target vastly different types of behavior, though each may result in both civil liability and criminal punishment.


Source: Wall Street Journal


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Economic Downturn Makes Trade Talks a Priority

The economic downturn, along with new leadership in the U.S. and India, is spurring G-8 nations to repair trade talks at their coming summit but Washington remains an obstacle, trade experts say.


The rest of the world "is waiting for the U.S." to detail its position on trade, Pascal Lamy, director of the World Trade Organization said in an interview at WTO headquarters in Geneva, days before the Group of Eight leading nations gather July 8-10 in L'Aquila, Italy.


Source: Wall Street Journal


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Parker Hannifin Looks to Benefit from Stimulus Package

Eaton Corp., Parker Hannifin Corp. and Timken Co. are three industrial companies in Northeast Ohio that stand to benefit from the economic-stimulus package. Eaton estimates the stimulus spending will add $500 million annually to the company's top line for the next two years. "In terms of the U.S. stimulus bill, you've seen that one of the very big areas of spending is upon energy efficiency in buildings," said Alexander M. Cutler, chairman and chief executive officer of Eaton.


Source: Crain's Cleveland Business


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Climate Battle Moves to the Senate

President Obama's landmark energy and global warming bill squeaked through the House only after the White House made dozens of concessions to coal, manufacturing and other interests.


Now, as the battle moves to the Senate, Obama faces demands for even more concessions -- including pressure to open the nation's coastlines to offshore oil and gas drilling.


Source: Chicago Tribune


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U.S. Manufacturers Face Critical Threats to Competitiveness

Two new reports identify significant threats that could impede the ability of U.S. manufacturers to successfully compete in the global economy, including the public perception of pursuing a career in manufacturing.


Americans believe manufacturing as the most important industry for economic prosperity. It is perceived as the backbone of the economy and the one that contributes the most to the United States' economic success.


Source: ThomasNet


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