GM’s Faulty Ignition Switch Made in China, Ikea Raises U.S. Minimum Wage, Butter Consumption is Up

General Motors said that the faulty ignition switch that led to the recall of almost 3.4 million cars was made by China-based company Dalian Alps Electronics Co Ltd.

Iasta’s Constantine Limberakis recently wrote a three-part blog series over on eSourcing Forum. Check out Part 1, Part 2, and Part 3 of “Contract Management in a New Context”!

Ikea is raising its hourly minimum wage in the U.S. by 17 percent to $10.76.

Butter consumption has made a comeback in the U.S. In 2013, American consumers for the third straight year bought more butter than margarine, and they’re expected to eat an average of 5.6 pounds of butter this year.

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