Firms
in sentence
3712 examples of Firms in a sentence
Likewise, restrictions that prevent socially responsible companies based in advanced industrial countries from doing business in Myanmar have left the field open to less scrupulous
firms.
Financial
firms
sell assets, like Treasury bonds or real-estate securities, for cash, and promise to buy those assets back (i.e., to repurchase them or, for short, to do a “repo”), typically the following day.
But, with the cash coming from short-term repos making up much of core financial firms’ balance sheets, tremors in financial markets could hit them hard, drying up repo financing for a few, as occurred in 2008.
But, when over-used by systemically vital firms, they can blow up the financial system, owing to its design defects.
Even today, about 70% of the core US financial firms’ liabilities are very short-term loans, like overnight repos.
And because the government’s balance sheet is still strong enough to bail out unviable financial firms, it can address any emerging sources of stress in that crucial sector.
The “Big Four” US tech
firms
– Alphabet Inc.(Google’s parent company), Apple Inc., Facebook, and Amazon – are also facing pressure from the EU stemming from their dominant market position.
The cynicism with which pharmaceutical
firms
have encouraged opioid drug use is appalling.
Energy companies have long been known to make false statements about climate change intentionally, just as mining companies and manufacturing firms, whether in clothing or tech, have persistently turned a blind eye to terrible, even abusive, conditions faced by their workers.
But, when firms’ efforts to create shareholder value lead to such far-reaching consequences – or “externalities,” in economists’ parlance – for the rest of society, the argument that self-interest advances social welfare falls apart.
In fact,
firms
that do not adopt AI at all could experience a 20% decline in their cash flow as they lose market share, putting them under pressure to shed workers.
And, to ensure that their changing workplace needs are met,
firms
can take a more active role in supporting educational upgrading and continuous learning for lower-skill people.
Indeed, widespread theft of technology from US companies led to a recent agreement between China and the US that neither government will assist in stealing technology to benefit its country’s
firms.
To this end, in addition to its taxation, finance, and trade-facilitation policies, it should establish trade-promotion mechanisms in the world’s major export markets, so that
firms
can build comprehensive networks of international trade-service platforms and trade-cooperation zones overseas.
Governments may have strategic reasons to hold onto unprofitable assets, but investors who own shares in partly privatized state
firms
do not.
I, too, prefer an environment in which governments do not interfere with imports and exports, and in which US
firms
can operate freely in foreign countries.
The US did file a complaint with the World Trade Organization earlier this year after an extensive investigation confirmed that the Chinese violate their WTO obligations by requiring foreign
firms
that do business in China to have a domestic partner and to transfer technology to that firm.
Chinese officials say their policy is clear: American
firms
can have access to the Chinese market only if they contribute their technology in return.
I think policymakers should make it clear to the Chinese that the US would end its tariffs if the Chinese stopped stealing American firms’ technology.
This would include the Chinese policy of requiring US
firms
to transfer technology to Chinese partners as a condition of doing business in China, as well as the Chinese practice of taking technology directly from US
firms
through cyber espionage and other illegal methods.
But that agreement didn’t cover theft by state-owned enterprises and private
firms.
The tariffs are indeed a tax on American consumers and
firms
that use Chinese products in their production processes.
Moreover, American buyers would shift some of their purchases to products produced by US
firms
or to imports from other countries, further lowering the net cost.
In short, the cost of the imposed tariffs is not large relative to the gain that would be achieved if the US succeeds in persuading China to stop illegally taking US firms’ technology.
And denying Russian banks and
firms
access to the US (and possibly European) banking system – the harshest sanction applied to Iran – would have a devastating impact.
Thanks to the continued surge in corporate profitability and firms’ sustained deleveraging efforts during the last decade and a half, indebtedness has fallen dramatically.
Radically reduced communication costs have enabled US
firms
to move production to lower-wage countries.
Meanwhile, to keep their production processes synced,
firms
have also offshored much of their technical, marketing, and managerial knowhow.
Firms
might be induced to move some production back to the US, if it is strictly aimed at US consumers.
It would be one thing if the high incomes of those at the top were the result of greater contributions to society, but the Great Recession showed otherwise: even bankers who had led the global economy, as well as their own firms, to the brink of ruin, received outsize bonuses.
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