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globalization

Federated Sells Lord & Taylor to NRDC

This Tuesday Federated Department Stores closed the deal to sell all 48 of its Lord & Taylor department stores to NRDC Equity Partners for $1.083 billion. This news follows Federated’s September takeover of all Marshall Fields ...READ»

Nokia Goes Global

Nokia's New York City retail store, its second in the U.S., opened on Monday. It's a cool-looking place, very much in the mold of Apple Stores. Nokia's first such store opened in Moscow last December. That one looks a lot like the ...READ»

Mind the (Skills) Gap

Josie's FC Now entry today inspired me to revisit another article in today's Journal. Tucked inside the B section, Christopher Scinta explains American businesses' hunt for technical talent. (Online subscription might be ...READ»

Un-Uglyfying Americans

Business for Diplomatic Action, which seeks to educate Americans working abroad that being better world citizens translates into increased success in business, has started distributing "World Citizen's Guide," a booklet to help curb ...READ»

Censorship Without Borders

Reporters Without Borders, the association devoted to press freedom worldwide, released its annual report this week. The section devoted to the Internet reveals that Net censorship is far more pervasive than you would think. Twenty ...READ»

Measuring "Made in China"

Yesterday I watched a documentary called A Decent Factory: Made in China on the Discovery Times channel. It's a rather candid look at labor conditions in China. At the program's start, when Nokia executives debate whether they are ...READ»

The Chinese Question

How's this for spin? A Chinese official today defended the country's Internet censorship practices, saying the controls don't differ much from those used in the United States or Europe (free registration required). That statement ...READ»

Live from China

If you like our January/February cover story on Shanghai Tang's attempt to create the world's next great luxury brand in China (still behind a subscriber wall until Jan. 17), listen to Marketplace on American Public Media, today ...READ»

Live from China

If you like our January/February cover story on Shanghai Tang's attempt to create the world's next great luxury brand in China, to Marketplace on National Public Radio, today through January 20. Host Kai Ryssdal will broadcast live ...READ»

Fast Countries?

Not long ago, we published a package on fast cities, 15 up-and-coming hubs for creative workers. We also took a look at urban areas outside of the United States to see who's competing for American talent. Today's New York Times adds ...READ»

China Takes IT Export Lead

Here's yet another sign of China's exploding economic might: China now exports more information technology goods than the United States. Last year, the Chinese exported more than $180 billion in information and communication ...READ»

Indian Innovation

Bill Gates is in India this week, talking to a variety of government officials, business leaders, and technological allies. HeREAD»

Changing China

In a press release, Lenovo announced they are opening a second Innovation Center. As with the first center that they opened Raleigh, North Carolina in May, it is a collaboration with Intel, IBM, LANDesk, Microsoft, and Symantec. ...READ»

When Globalization Works, Well...

Salon's Andrew Leonard suggests that the "Made in China" label is an indicator of how globalization works well. How so? Despite concerns about offshoring-caused job loss and brain drain, China's consumer electronics industry draws ...READ»

New Challenges for Japan

In a recent conversation, I had the opportunity to hear Peter Drucker discussing potential challenges faced by Japan: China, South Korea and other parts of the region are becoming increasingly competitive. For example, the ...READ»

It's an eBay World After All

If the volume of business on eBay is any indication, then the old saw "one man's trash is another man's treasure" seems to have global resonance. Among the many fascinating tidbits in last night's CNBC special on the company was this ...READ»

Gleaming China

Earlier today, Greenspan warned that sanctions against China and their low cost imports could backfire, costing Americans jobs and creating less competition in the marktplace. China has kept the Yuan at a steady exchange rate to the ...READ»

Reflections from Shanghai

I just returned from a fascinating experience in Shanghai. During this visit I had the opportunity to work with 20 MBA grads who are part of a 20 year documentary project called "China 2024". My guess is that most Americans don't ...READ»

Canuckian Business, Et Tu?

An FC Now entry posted last month in search of progressive and proactive businesses in Canada -- inspired by some recent remarks made by Henry Mintzberg -- drew some not-so-friendly fire from our neighbors to the north. So it was ...READ»

Mr. China, and "Mr. China"

I've recently read two new books that provide very different takes on China. Three Billion New Capitalists: The Great Shift of Wealth and Power to the East (to be published in June by Basic Books) is by Clyde Prestowitz, president ...READ»

Chairman of the Keyboard

I'm in Milan, Italy, for the latter part of this week, in order to participate in the first alumni reunion held by the business school SDA Bocconi in its 50-year history. As we speak, so to speak, I'm camped out in the basement ...READ»

New Japan Hand

This observation from Fast Company's Charles Fishman regarding the appointment, announced yesterday, of Howard Stringer to head Sony: Point at which The New York Times' lead story on Sony CEO change mentions that "Sir Howard...does ...READ»

Mongrel PCs

IBM's deal, announced yesterday, to sell its personal computer operations to China's Lenovo is completely fascinating. As others have observed, it represents a serious attempt by a formerly parochial Chinese manufacturer to go ...READ»

Chairman Mao Stares at a Wal-Mart

If you tuned into CNBC last night for the first time since, oh, March of 2000, you were in for some pretty compelling television. Although "The Age of Wal-Mart: Inside America's Most Powerful Company" rehashed much of the continuing ...READ»

Global Teams

In our August issue, contributing writer Scott Kirsner wrote about several companies who have deployed far-flung virtual teams around the world to manage key projects. Now a B-school professor at the University of North Carolina has ...READ»

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