Industry Market Trends

Scroogenomics

December 11, 2012

Consumer spending around the holidays provides a major boost to the economy, but gift-giving actually produces a surprising amount of financial waste. In Scroogenomics, author Joel Waldfogel explains why we might be better off buying gifts for ourselves and avoiding the process of "wealth destruction." Read More

Industry Market Trends

The 2012 Geeky Gift Guide

December 11, 2012

In the spirit of giving, we take a look at some of the fun, useful and clever gift ideas to buy for that special engineer, gadget fanatic or do-it-yourselfer in your life this holiday season. Read More

Industry Market Trends

Can Holiday Spending Lift Economic Doom and Gloom?

December 11, 2012

With the economy facing numerous challenges and a great deal of uncertainty about the short-term outlook for business, many companies are looking forward to the annual boost in holiday-related spending near the end of 2012. But will year-end holiday spending be enough to dispel financial doubts and enable business owners to ring in the New Year with cheer? Read More

Industry Market Trends

How Small Businesses Can Reinvent Themselves for 2013

December 11, 2012

The New Year is a great time for small businesses to strive for new goals. Faced with a challenging and competitive climate, economic uncertainty and problems stemming from the looming fiscal cliff, more owners are reinventing the way they do business for 2013. Read More

Industry Market Trends

Keeping It Relative: Succession Planning for Family Businesses

December 11, 2012

Family-owned businesses come with an extra set of challenges, particularly when it’s time to pass the reins to a new generation. That’s why effective succession planning is crucial for any family-run business. Read More

Industry Market Trends

Are Hybrid Vehicle Manufacturers Shifting Gears Away from Rare Earth Elements?

December 11, 2012

If you drive a hybrid vehicle, you’ll know a few things about it. You’ll know that you’re saving gas and reducing your emissions. You’ll know that it has a high “cool” factor. What you probably don’t know is that you’re driving around on top of roughly 60 pounds of rare earth elements. Hybrid engines are a combination of a battery-powered electric train drive and a traditional internal combustion engine. Rare earth elements (REEs) are an important component: they are used by the hybrid’s nickel-metal hydride (NiMH) battery, the electric traction motor and the regenerative braking system (which recaptures energy generated while braking and returns it to the battery). While the penetration of hybrid electric vehicles hasn’t been speedy, it has been steady. Today, there are more than two million of them on U.S. roads. As gas prices escalate, more Americans will likely turn to hybrid and electric vehicles, which will drive up the need for rare earth elements. The problem is, some rare earth elements are, as the name implies, rare -- and getting rarer.  Read More

Industry Market Trends

U.S. Faces Tough STEM Road Unless Sweeping Improvements Are Made

December 11, 2012

A skilled and educated workforce is the cornerstone to promoting economic growth and increasing the innovation capacity of a company and even a nation. Yet it’s also the hardest asset to acquire, a growing mountain of data warns. Read More