A fascinating article in the Economist discusses a new business on the brink: 3D printing. It’s just as it sounds. If you have the software capability and know-how to design a certain product, or even the ability to download a design off the internet, you can press print and cut out the manufacturing industry to [...]
The latest in news media is being put forward by News Corp. for iPads only. Rupert Murdoch says it’s supposed to make print media more viable in the digital age. It costs 99 cents a week of $39.99 annually. This may help to solve the problem of offering free online access that many news companies [...]
Default looks imminent for Greece. How will this affect the Euro business? The benefits of the continent accepting the Euro have been great: about 10 to 15% GDP greater trade growth than it would have been otherwise. But the cons – namely, economic inflexibility – have been also. Wage cuts have been met with protests, [...]
Jobless claims fell to their lowest rate in two years, evidencing further optimism for the new year. John Silvia, chief economist at Wells Fargo, expect about 160,000 jobs to be added monthly in 2011 as compared to 90,000 monthly in 2010. Even so, it will take years to recover the 8.4 million jobs lost in [...]
Ireland made headlines as the government took control of Allied Irish Banks, which was once the country’s largest. It will have a $4.85 billion injection of cash taken from pension reserves to prevent further loan losses. It will also be delisted on major stock exchanges. This comes as Spain and Portugal’s credit ratings are downgraded [...]
Everyone is gearing up for the new year, and that includes business folk. Ron Paul was just named head of the panel that oversees the Federal Reserve. Obama continues to receive smack for ceding to the Republicans requests. And along with quantitative easing, the American Way looks even more anti-European today than it did three [...]
