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...Gist: The Federal Reserve's latest survey of regional economic activity - more commonly known as the "Beige Book" - offers a collection of anecdotes from market experts, economists, "key business contacts" and reports from Bank and Branch directors all over the country. Published eight times per year, the latest Beige Book will be used in the upcoming Dec. 16 monetary-policy meeting, when the Fed will determine whether to cut interest rates...
...Importantly, all three companies promised to make money by 2012, even in a worst-case scenario of selling just 12 million cars and light trucks annually - 4 million fewer than in 2007. The key is a revamped portfolio more heavily weighted to smaller cars and crossovers, as well as to hybrids and electrics that are far more efficient than the current fleet. That's crucial because Detroit currently loses money making cars in North America. You see the problem...
Iskenderian: Continuing to raise global awareness of microfinance as a viable way to invest in poor women entrepreneurs and fight poverty around the world is our overarching goal. And the focus on women is really key not only for economic empowerment and empowerment reasons, but also because of the multiplier effect on economies and communities, since women reinvest their profits back into their communities at greater rates than men. One of the products we're developing that I'm most excited about is a pilot program for savings targeting young women and adolescent girls that we're working on with...
...rather a dearth of knowledge on the part of companies about newer alternatives. “The innovation tree keeps pelting our heads with new fruit—what part of that don’t we get?” he said. One of Lovins’s key points was the ability of the government to attain energy efficiency, despite military priorities in oil abroad. “The Pentagon emerged in February as the federal leader in getting the U.S. off oil,” he said. “It?...
...While Obama is to be commended for wanting to cut the Pentagon budget, he should do more than just cut. He should cut intelligently, promoting innovative programs that are key to modern peacekeeping and state-building and scrapping those that are proven failed or outdated. A program such as missile defense, both an obvious error and a relic of the Cold War, should be first on the chopping block...