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Why billionaire Warren Buffett took a stake in HP

Reuters

Job wars: Employers wince as Amazon warehouse rises in Indiana town

What happens when Amazon.com Inc plops over 1,000 new jobs in one of the hottest blue-collar job markets in the country? Around Elkhart, whose population is about 52,000, the share of the total workforce that is employed in factories and manufacturing is 51.5%, compared with a share of 8% nationally, according to the Labor Department. The region’s jobless rate sank to 0.9% in December, the lowest rate in the country, according to the Labor Department, though it has since edged up slightly.

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