This column highlights the top economic stories of the week. While Detroit has benefited from Cash for Clunkers, foreign automakers have gained even more. Some critics of the program warned that because it let consumers buy domestic or foreign cars, Clunkers could end up spending more American tax dollars to help foreign companies than American
This column highlights the top economic stories of the week. Reports of the demise of the U.S. dollar may be premature. But when some of the world’s most powerful investors are warning of the currency’s decline, investors take notice. More on this story here. There are many cynics out there that critique and question the
This column highlights the top economic stories of the week. Having children is the surest way to send your carbon footprint soaring, according to a new study from statisticians at Oregon State University. The study found that having a child has an impact that far outweighs that of other energy-saving behaviors. More on this story here.
This column highlights the top economic stories of the week. One way in which today’s corporation is becoming enlightened to the fact that green manufacturing CAN equal more profitable manufacturing is through a new concept called “lean manufacturing“. In the 1980’s, JIT, or just-in-time techniques became all the rage in management circles as they shaved
This column highlights the top economic stories of the week. Many Japanese, want what amounts to a revolution in a politically risk-averse nation: the ousting of the Liberal Democratic Party, which has governed Japan for more than a half-century. More on this story here. The world’s largest retailer, Wal-Mart Stores is on a mission to
This column highlights the top economic stories of the week. Hopes for an accelerated recovery during the second half of 2009 were diminished this week as most of the economic headlines turned negative after several months of encouraging signs. Job losses exceeded economists’ expectations, with the nation’s unemployment rate now standing at a new
This column highlights the top economic stories of the week. General Electric CEO Jeff Immelt is on a mission to improve U.S. exports. That’s because General Electric doesn’t just sell light bulbs and refrigerators to the American public. The company is a global giant in energy, transportation and financial services. More on this story here.
Applied SunFab Solar Module Production Line Well it certainly looks like the sun is paving the way for our new energy economy. According to the Worldwatch Institute, an environmental research organization based in Washington, D.C., global solar photovoltaic (PV) power installations jumped from 9,000 megawatts in 2007 to nearly 15,000 MW in 2008, an increase
This column highlights the top economic stories of the week. Shell has announced that a new service station in Ottawa, Ontario will quietly begin selling cellulosic ethanol blended into regular gasoline. The biofuel is made locally from wheat straw, and is the first time cellulosic ethanol has been made publicly available. More on this story
This column highlights the top economic stories of the week. While the Obamas and the Sarkozys have been celebrating the anniversary of D-Day in Normandy, this past weekend, Chrysler has its own D-Day to deal with. Indiana pension funds and consumer groups asked the U.S. Supreme Court on Sunday to stop the sale of bankrupt
This column highlights the top economic stories of the week. There is no gold left in California. Governor Arnold Schwarzenegger is threatening to layoff fire, police, and teachers. All of this is certain to further increase unemployment and foreclosure rates. Schwarzenegger is now considering releasing nonviolent prisoners, shortening the school year, legalizing and taxing marijuana.
This column highlights the top economic stories of the week. For a while it looked like Google might actually bailout the newspaper industry by buying a stake in newspapers that have been struggling with debt and declining ad revenues. However, it appears that this plan ha been called off. Meanwhile, the Treasury department has
This column highlights the top economic stories of the week. Last weekend, the biggest players in the health care industry announced that they would put together a cost-cutting plan to present to the Obama Administration. The expectation is that the measures will save a family of four $500 a year in the first year, and
GE’s hybrid locomotive battery GE partners with New York state to create a $ 100 million manufacturing facility for a new sodium based battery technology in the Capital region. Who imagined that ordinary table salt could be the secret to storing energy? GE is once again bringing the notion of a technology based economy home,
This column highlights the top economic stories of the week. Just as Swine flu looked like it was on the mend, the USA announced the death of two Texas residents and one in Washington state. The disease has been linked to poorly managed factory farms in Mexico. The results of the bank stress tests were
[youtube=http://www.youtube.com/v/qHc5NaaZvrc&hl=en&fs=1] Economist, James Galbraith, on bank stress tests The results of bank stress tests released this week, do not bear good news. The bottom line is that at total of $75 billion needs to be raised from 10 major banks to prop them up for losses that could come from a deepening recession. Here is
[youtube=http://www.youtube.com/v/M_N-_rZ642s&hl=en&fs=1] Kelly Blue Book Video Review of the Ford Focus Earlier this week, Ford announced that they are retooling their manufacturing facility in Michigan, which previously built SUVs, to now produce the small and fuel-efficient Ford Focus in 2010, and the battery-electric Ford Focus by 2011. With this investment of $550 million worth, Ford continues
This new column highlights the top economic stories of the week. At the outset of this week, it looked like the Swine flu might be the largest influenza epidemic since the virus that wiped out a significant portion of the world’s population at the end of the first World War. Local economies everywhere have been
GE’s Electric Bus (Source: GE) The Inspired Economist (IE) recently interviewed GE’s Bob King, a 30-year veteran of the company who has driven the company’s research in the advanced electric and hybrid vehicle space. With the energy crisis of the late ’70s, GE began to aggressively pursue the development of an electric test vehicle, creating
Tonight on the BLOOMBERG TELEVISION® program VENTURE, host Cris Valerio talks to Brilliant Earth Co-Founder Eric Grossberg, about the diamond industry, working with conflict free diamonds, and how social entrepreneurship drives his bottom line. He talks about how the15 percent drop in diamond prices in the past six months is actually helping his business, “There
[fora id=9376] San Francisco Mayor Gavin Newsom, is known for his particularly progressive thinking when it comes to developing the economy of San Francisco. According to the Long Now Foundation, which recently sponsored a presentation by him, mayors are the most powerful politicians in America, right up there with county supervisors. This is why cities
Growing at an annualized rate of 6.3 percent for the past five years to 2008, Recycling Facilities is one of the few industries in the “green sector” to observe a decline. IBISWorld, an industry research firm tell us that recycling is expected to decline significantly in 2009 – after five years of strong growth.
Do you need to raise funds for your local school or non-profit organization? Consider Funding Factory’s funding-through-recycling program.
While funding in a down economy is not an easy task for any kind of venture, schools and non-profits seem to bear the brunt of the recession even more than for-profit companies. But as funding gets even tighter, the concept of a green economy is burgeoning. One company, Funding Factory, actually provides by being the first link in supply chain for re-manufacturing.
Isn’t it about time that fish was actually put to the test?
Mercury, one of the most insidious elements that can be ingested, has significantly negative health effects on the population; in some cases it can causes irreversible damage. But while many people are aware that mercury exists in certain fish, there is no universal certification that tests how much mercury is present in commonly eaten seafood.