Outsourcing | featured news

President Obama ripped Mitt Romney today over a report that the Republican's private equity firm invested in companies that moved jobs out of the United States to low-wage countries. "We do not need an outsourcing pioneer in the Oval Office," Obama said during a fundraising speech in Tampa, Fla. "We need a president who will fight for American jobs."

End tax breaks that reward some U.S. companies with overseas subsidiaries and encourage those businesses to create jobs in other countries, President Barack Obama is telling Congress.

The Senate on Tuesday blocked tax legislation that would have punished U.S. firms that export jobs. But the political symbolism of trying to save American jobs, not passing a bill, was the Democrats' closing argument on the economy in the waning weeks of the congressional elections.

Yahoo continues their strategic defeat from the front lines of innovation. Earlier today they announced that they'd be "deeply integrating" with Facebook Connect, allowing Yahoo users "to see your Facebook friends’ activities on Yahoo! and share Yahoo!

The Los Angeles City Council voted unanimously to outsource its e-mail system to Google Inc, a making it the largest city in the nation to have made such a move. Welcome to the cloud.

Xerox Corp (XRX.N) said it will buy Affiliated Computer Services Inc (ACS.N) in a $6.4 billion cash-and-stock deal that expands the copier company into outsourcing and data management. The deal, priced at a 33.6 percent premium to ...

IBM's reported plans to lay off thousands of U.S. workers and outsource many of those jobs to India, even as the company angles for billions in stimulus money, doesn't sit well with employee rights advocates.