About half of Kodak's 38,000 retirees still live in Rochester, N.Y., where the company is based. Many of them are anxious about their pensions and retiree health care coverage amid reports that the company is preparing for a Chapter 11 filing.
As the deadline for a decision on a controversial oil pipeline approaches, lobbying is intensifying. The Keystone XL pipeline would transport oil from Canada's tar sands to the Gulf Coast. President Obama is caught in the middle of a jobs-vs.-environment debate.
U.S. Chamber of Commerce President Tom Donohue says he is "disappointed" that some GOP presidential candidates are attacking front-runner Mitt Romney for his work at Bain Capital. The head of the nation's most powerful pro-business association calls Romney's business record "damn good."
Pennsylvania, Ohio and West Virginia are waiting to hear which state Shell Oil will pick to host a huge new chemical refinery. The project would turn ethane gas, produced through "fracking," into ethylene, which is used to make plastics. The venture could be the biggest investment in the region in decades.
Greenville County in South Carolina is where manufacturing's past and future live side by side. In South Carolina, and throughout America, factories produce more than ever. Yet in Greenville, there are abandoned textile mills everywhere you look.
An interesting thing has happened on the way to the GOP presidential nomination: A fight has broken out over the meaning of capitalism. Former House Speaker Newt Gingrich is drawing bright lines between private equity and industrialists. He sees it as the difference between looters and inventors.
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