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Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
LeadershipPolitics

Trump Is Calling Out This Company Again for Moving Jobs to Mexico

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Michelle Toh
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Michelle Toh
Michelle Toh
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May 7, 2017, 10:24 PM ET
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President Donald Trump took aim again on Sunday at Rexnord for the industrial supplier’s decision to move jobs to Mexico from Indiana.

Milwaukee-based Rexnord (RXN) announced plans in October to move a bearing plant and its 300 jobs from Indianapolis, employees told the Indianapolis Star at the time.

“Rexnord of Indiana made a deal during the Obama Administration to move to Mexico. Fired their employees,” Trump tweeted on Sunday.

The Republican President also tweeted in December about Rexnord’s decision, saying he would stop jobs from being lost to countries with lower labor costs. “No more!” he tweeted at the time.

Rexnord did not immediately respond to a telephone call on Sunday seeking comment outside of normal business hours.

Trump, who campaigned on the promise to put American workers first, has tweeted at other companies that attracted his ire – including Lockheed Martin (LMT) in December for the high cost of the F-35 fighter jet program, General Motors (GM) in January for its manufacturing in Mexico, and retailer Nordstrom in February for dropping his daughter Ivanka’s clothing line.

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