ADVFN - Advanced Financial Network.
HOME» NYSE » D » DOW Stock Price » DOW Stock News

Dow Chemical Share News

 Dow Chemical Co. Stock Price
DOW Stock Price
 Dow Chemical Co. Stock Chart
DOW Stock Chart
 Dow Chemical Co. Stock News
DOW Stock News
 Dow Chemical Co. Company Information
DOW Company Information
 Dow Chemical Co. Stock Trades
DOW Stock Trades

Dow Chemical CEO: Countries Are Competing Like Companies

By Cassandra Sweet Of DOW JONES NEWSWIRES China, Germany, Australia and other countries are spending trillions of dollars to boost their high-technology manufacturing industries, putting pressure on rival industries in the U.S. where government support has been limited, the top executive of Dow Chemical Co. (DOW) said Thursday. "Countries compete like companies now," said Andrew Liveris, speaking at a conference in Santa Barbara, Calif., sponsored by The Wall Street Journal. He added that governments, particularly in Asia, are paying up in an effort to create more high-paying jobs and boost their economies. The U.S. government must catch up with high-level investments to retain industries that were developed in the U.S., said Liveris, who has written a book about U.S. manufacturing policy titled, "Make it in America: The Case for Re-Inventing the Economy." Already, a steady stream of suppliers to various U.S. industries has been migrating away to countries that offer more generous incentives, creating attrition for U.S. industry, he said. "If we do not do anything, the unintended consequence is that we will outsource eventually innovation, which would be death by 1,000 cuts," said Liveris, a native Australian who has been chief executive of Midland, Mich.-based Dow since 2004. Liveris said that government policies aimed at building up profitable industries don't require excessive bureaucracy, or "big government." "You should have a smart government, an efficient government," he said. "Why are we working on 10% of the problem all the time? We should be working on the whole problem all the time." Liveris warned that the U.S. could stand to lose globally if the government doesn't act quickly to invest in job creation. "Having a jobless recovery is going to cripple this nation," he said. "We've got to toughen up, we've got to take on the hard conversations." -By Cassandra Sweet, Dow Jones Newswires; 415-439-6468; -0-

Stock News for Dow Chemical (DOW)
02/05/201608:08:00Dow Corning Reports 10 Percent Increase in Net Income in 2015
02/03/201606:05:50Filing of Certain Prospectuses and Communications in Connection...
02/03/201606:05:49Filing of Certain Prospectuses and Communications in Connection...
02/03/201606:05:48Current Report Filing (8-k)
02/03/201603:03:00Dow Chemical CEO To Exit Following Merger
02/02/201617:22:26Filing of Certain Prospectuses and Communications in Connection...
02/02/201614:25:00Dow Chemical CEO Plans to Leave Company After Planned Merger
02/02/201614:08:00ChemChina Nears Deal to Buy Syngenta -- 5th Update
02/02/201612:26:03Current Report Filing (8-k)
02/02/201612:25:00Dow Chemical CEO Plans to Leave Company After Planned Merger
02/02/201610:37:00ChemChina Nears Deal to Buy Syngenta Stake -- 2nd Update
02/02/201610:00:00ChemChina Nears Deal to Buy Syngenta Stake -- 2nd Update
02/02/201608:39:40Filing of Certain Prospectuses and Communications in Connection...
02/02/201608:35:00ChemChina Nears Deal to Buy Syngenta Stake -- 2nd Update
02/02/201608:20:00ChemChina Nears Deal to Buy Syngenta Stake
02/02/201608:20:00Dow Chemical Profit Tops Expectations
02/02/201608:09:00Dow Chemical Profit Tops Expectations, Even as Revenue Slides...
02/02/201608:08:00ChemChina Nears Deal to Buy Syngenta Stake -- Update
02/02/201608:04:41Current Report Filing (8-k)
02/02/201608:02:00ChemChina Nears Deal to Buy Controlling Stake in Syngenta

Dow Chemical and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations