All posts by Jonathon Bowes

About Jonathon Bowes

Jonathan Bowes started his career in banking. After a few years, he took courses in business and finance and worked his way up the corporate ladder. Today, while writing part-time for Business District, Bowes assists talented people to find jobs in the field of economics. Contact Bowes at Jonathon[at]businessdistrict.com

Clinton a Better Choice for Business Say Economists

News, , , , ,

A survey conducted by the National Association for Business Economics showed that Hillary Clinton is the preferred candidate for president of the US by 55 percent to an embarrassing 14 percent for Donald Trump. As a matter of fact, Trump was not the second choice. Third party Libertarian candidate Gary Johnson had more support than Trump, with 15 percent saying they would prefer to see him as president. An additional 15 percent said they did not know or had no opinion.

The survey was conducted from July 20 to August 2 and included the views of 414 members of NABE.

Some of Trump’s policies seem to be contributing to his lack of support. Whereas Trump says he would like to nullify or severely restrict the North American Free Trade Agreement, 65 percent of business economists say US trade policy should be even more open and free versus only 9 percent who agree with Trump that trade should be more protectionist.

Trump has expressed a desire to deport illegal immigrants, but the NABE survey showed that only 8 percent agreed with that sentiment, while 64 percent said they would like to see a program to legalize undocumented immigrants who already live in the US.

Meet Isaac Dabah, CEO of Delta Galil

Companies,

Isaac Dabah, CEO of Delta Galil, was first introduced into the world of business when he joined in his father’s importing company when Dabah was in his twenties.

In 1993 he invested $5 million in the Gloria Vanderbilt jeans brand. After seven years he was able to rebuild the brand, selling it in 2002 for $150 million. Three years later Isaac Dabah bought a 23 percent stake in Delta Galil, also an apparel company, specializing in undergarments. In 2005 he became a director, and after acquiring more of the company, became its CEO in 2008.

The Delta Galil Company has become a global presence in the intimate apparel sector under the guidance and leadership of Dabah. Innovation is the driving force at Delta Galil. The company has trademarked their “Body Before Fabric” philosophy, which considers as of prime importance the way fabric interacts with the body surface to create ultimate comfort and fit.

Today the company has an international presence in over 40 countries, with the US and European markets representing 59 and 28 percent of their business, respectively. Delta’s products populate such well-known brands as Victoria’s Secret, Calvin Klein and Lacoste.
In addition, Delta has also collaborated with Nike, operating a cutting-edge technical center in Beaverton, Oregon, on their behalf

Norfolk Southern Railroad to Remain Independent as Canadian Pacific Gives Up on Bid

Transportation Industry, ,

Canadian Pacific Railroad, which operates rail service in Canada and segments of the Midwest and Southern United States, announced it will end its efforts to purchase its rival Norfolk Southern.

Norfolk Southern responded negatively to the almost $30 billion purchase, saying it did not think regulators would approve of the deal. Ownership of Norfolk would have expanded Canadian Pacific’s rail-reach to the East Coast, the Midwest and the South. Norfolk Southern is based out of Norfolk, Virginia.

Norfolk Southern Corporations stock price dipped almost 2 percent in trading before the opening bell on Monday. Canadian Pacific Shares were not affected by the announcement.

Are Syrian Refugees a Threat to US Security?

News,

One reaction to the terrorist attacks in Paris that left 129 dead and scores injured is the push-back from states against allowing Syrian refugees into the US. Over half of US states have informed President Obama that they will not accept refugees from Syria over their borders.

Texas Governor Greg Abbot sent a letter to the president requesting that the entire program to resettle refugees in the US be frozen.

“I urge you, as president, to halt your plans to allow Syrians to be resettled anywhere in the United States,” Abbott said in the letter. “Neither you nor any federal official can guarantee that Syrian refugees will not be part of any terroristic activity. As such, opening our door to them irresponsibly exposes our fellow Americans to unacceptable peril.”

The protests of the states might not have any teeth since immigration and refugee policies are set by the federal government and the State Department. However this fact does not mean the states can’t pressure the president, putting the administration on the defensive when they announce plans to permit as many as 10,000 refugees into the US during 2016.

Advocates of the resettlement of refugees in the US say there is nothing for the states to be afraid of. They would like to see the program proceed as planned, saying that there is a long and difficult vetting process that takes place before anyone is allowed into the US under refugee status.

“It is extremely unlikely that someone who is a terrorist will be sent through the refugee resettlement program,” Greg Chen, director of advocacy at the American Immigration Lawyers Association. “It takes a great deal of time, and it wouldn’t make sense for someone who is a terrorist for someone to go through that process. There are going to be easier ways for a terrorist to try to infiltrate, rather than going through the refugee resettlement program.”

America’s Ten Best US Undergrad Business Schools

Education, , , , , ,
Huntsman Hall at the University of Pennsylvania.

High school seniors planning ahead are probably thinking about what they might like to do when that special day comes and they are graduates. Some of them are likely considering attending a four-year undergraduate degree program in business, a good choice as it opens doors to many possible career paths. Now that the ‘what’ has been decided, the next step is to consider the ‘where.’

Since the difference between a well-respected degree and an only ‘so-so’ degree can spell the difference between a highly paying and emotionally rewarding job and a not such well compensated job, it is important to consider the rankings of today’s best business schools.

College Factual studied the schools for USA Today. Here are their findings which are published for the 2015-2016 academic year. For more information about the schools and the methodology involved in finding the conclusions, go to the USA Today website.

1.    Wharton School of Business at the University of Pennsylvania
2.    The Haas School of Business at the University of California-Berkeley
3.    The Marshall School of Business at the University of Southern California
4.    Bentley University
5.    Bryant University
6.    Georgetown University
7.    Pepperdine University
8.    Georgia Institute of Technology
9.    Gonzaga University
10.    Boston University