Business & Industry

Soaring U.S. Oil Production Hits Bottlenecks

The recent boom in U.S. crude oil production has created transport bottlenecks that are keeping oil from reaching key markets and creating disparities in petroleum pricing that are penalizing domestic producers. What's being done to alleviate the problem and get oil flowing to right places? In recent years, newer technologies such as hydraulic fracturing (fracking) and horizontal drilling have...

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Business & Industry

STEM Summer Camps for Students -- and How Industry Professionals Can Participate

Last month, President Barack Obama hosted 100 student innovators from more than 40 states for the third annual White House Science Fair, celebrating student achievements in science, technology, engineering, and math (STEM) fields. This year's group of youths included app coders, algae growers, video game designers, city planners, roboticists, and rocket scientists. After touring their exhibits,...

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Business & Industry

Weekly Industry Crib Sheet: U.S. Manufacturing Growth Slows

Plus: Poor Worker Health Linked to Sharp Economic Losses Contraction in Struggling Industrial Semiconductor Market Global Petrochemical Prices Drop Jobless Claims Fall to Five-Year Low The U.S. manufacturing sector grew again in April, marking the fifth consecutive month of expansion following a modest contraction in November 2012, according to the Institute for Supply Management's (ISM) latest...

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Business & Industry

Keeping It Clean: Manufacturers Find Markets in the Water Industry

The management of water on the Earth is an increasing challenge, as global population grows and consequently puts greater demand on a limited resource. According to the GreenFacts Initiative, freshwater accounts for only 2.5 percent of water on the planet, and most of that is frozen in glaciers and ice caps. Only a small fraction is available on the surface for use by living things, including...

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Business & Industry

Friday Focus: Recognizing Immigrant Entrepreneurs

Several initiatives across the country are in place to help grow immigrant entrepreneurship and boost the U.S. economy. Here is a round-up of the latest efforts. ACCESS for Immigrant Entrepreneurs ACCESS, a social and economic services agency, recently graduated the first class of its Immigrant Entrepreneur Development Program, the Associated Press reports. The Dearborn-Michigan based operation,...

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Business & Industry

High Compression Ratios and Ethanol Blends Combine to Make a Super-efficient Car

Four years ago, American LeMans kicked off its first green racing season. The program, which requires teams to use alternative fuels such as ethanol blends (E10 or E85), clean diesel, or isobutanol is going strong today. Sponsored by U.S. Dept. of Energy, the Environmental Protection Agency (EPA) and SAE (Society of Automotive Engineers), it is an attempt to raise the visibility of...

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Business & Industry

Light Friday: Iron Man Technology Realer than You Think

Plus: Smartphones with Superpowers Mind-Controlling a Rodent Are Football Helmets Safer Today? The futuristic "Extremis" technology, which hacks the human body through nanotechnology, showcased in Iron Man 3 may not be as sci-fi as it seems. In fact, a real version may be just a decade away. Dr. Shuming Nie, a professor in Biomedical Engineering at Emory University, explains that the seemingly...

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Business & Industry

What are the Benefits of Biodegradable Polymer Additives for Fracking?

Fracking allows us to extract untold riches of previously unrecoverable natural gas and oil, which is lowering their prices and reducing the cost of things that use natural gas in production. Opponents of the procedure say there are serious environmental concerns, particularly with the materials used, which could seep into the groundwater or bubble up to the surface, contaminating the ground....

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Business & Industry

U.S. to Match China in Manufacturing Attractiveness by 2015

New research shows that the U.S. has now matched Mexico as an attractive location for manufacturing in terms of labor and operational costs, and will match China in desirability by 2015, which will vastly accelerate reshoring. According to a recent survey from AlixPartners, the United States and Mexico are now considered equally attractive options for U.S.-based companies to situate production...

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Business & Industry

Is Paid Sick-Leave Unhealthy for Business?

The New York City Council has approved a bill that will require small businesses with 20 or more employees to offer sick-leave days. The legislation, set to take effect April 1, 2014, comes after several years of opposition, as some business leaders and politicians argue that such a measure is a potential threat to business. Nearly 1 million employees that do not currently receive sick-leave will...

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