A new study by the Pacific Research Institute reports that America’s broken system of civil litigation imposes an economic cost of $865 billion a year on the nation. This week on “American Business,” host Mike Hambrick talks to Renee Giachino of the American Justice Partnership to dig deeper into this “Jackpot Justice” and the harm it causes across all sectors of the economy. And when it comes to health care, research and development and “defensive medicine,” our tort system is even costing lives.
America’s transportation infrastructure is failing to keep up with the demands of a modern, global economy, and this week, Mike looks at America’s waterways. He interviews John Paul “J.P” Woodley, Jr., the Assistant Secretary of the Army for Civil Works, who oversees the infrastructure responsible for $10 billion of business a year in domestic shipping. Tim Gallagher, senior vice president and general manager, Grain Division of Bunge North America, speaks to ships, barges and grain.
Responding to consumer demand, the national restaurant chain, T.G.I. Fridays is serving less, hoping to get more. Richard Snead, President and CEO of Carlson Restaurants Worldwide Inc. discusses the business strategy that embraces healthy eating and profits both.
IT security is a constant business concern, and Bret Arsenault, general manager of U.S. Enterprise Security for Microsoft, talks about the tools needed to keep information safe. Joining the discussion is Vinita Boo-Shun, president of Pontis Research, who adds the perspective of an IT security consulting firm.
In our regular segments, we hear from “The Factory Floor” with President Ray Lund of Thermex Thermatron in Louisville, KY; the NAM’s Hank Cox considers “The Way it Was,” and NAM President John Engler closes with “The Last Word,” finding good news in America’s nuclear renaissance.
For more on “America’s Business” and to listen to the program on-line, please click here.
Latest posts by NAM (see all)
- Manufacturers Win Several Website Design Awards - June 15, 2011
- China Makes Commitments on Trade, Intellectual Property - December 16, 2010
- ITC Details Widespread Theft of Intellectual Property in China - December 14, 2010