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Press Releases September 24, 2013 Majority of Large Manufacturers Are Now Planning or Considering ‘Reshoring’ from China to the U.S. A Survey by The Boston Consulting Group Finds That the Share of U.S.-Based Executives Actively Engaged in the Process of Shifting Production Has Doubled Since Early 2012 CHICAGO, September 24, 2013—More than half of U.S.-based manufacturing executives at companies with sales greater than $1 billion are planning to bring back production to the U.S. from China or are actively considering it, according to a new survey by The Boston Consulting Group.The share of executives who are planning to “reshore” or...

The twenty-nine Piggly Wiggly stores sold by the family-owned company for an unknown sales price shouldn’t result in any closures, the Christian Science Monitor reported on Sept. 14. Twenty-two of the Piggly Wiggly stores were sold by Piggly Wiggly Carolina Co. to Bi-Lo and another seven to Harris Teeter. Harris Teeter itself is in the process of being sold to Cincinnati-based Kroger Co.

DESPITE calls for the abolition of the executive department’s “pork barrel”, President Benigno Aquino 3rd on Wednesday defended the lump sum funds under his discretion, including the Malampaya, calamity and the president’s social funds (PSF). Aquino said lump sum funds are needed to create an elbow room for emergency and unexpected situations. He said that it is difficult to itemize the lump sum funds under his discretion, especially the calamity fund. “The question is, how can you itemize the calamity funds before the calamity strikes? The department should really have a fund to be used in calamities that we cannot,...