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Here is the good news on the climate front: The Europeans have ratcheted down their emissions targets, the Chinese are getting serious about solar power and energy efficiency, and Washington is lumbering toward a carbon cap. ...more
October 25, 2009
These are indeed difficult times. Floridians are losing their jobs, consumer consumption is at very low levels, global trade volumes are declining and Florida is facing a significant budget deficit. Yet this is also a time of opportunity for us as a state to create jobs now and position our economy for the future. ...more
March 15, 2009
The new powers that be in Washington, D.C., can, after all, make a decision that has nothing to do with Guantanamo Bay, the war on terror or the nose-diving world economy. Not even your April tax return. ...more
February 25, 2009
Shoppers won't be picking up ornate lamps from the Bombay Co. in the coming year. Or investing with Lehman Brothers and Bear Stearns. No flying to Hawaii on Aloha Airlines or buying ultra-cheap tickets on Skybus, either. ...more
January 1, 2009
Toyota Motor Corp. slashed its earnings forecast again Monday, projecting that it would report its first operating loss ever for the fiscal year through March on waning global demand and a surging yen. ...more
December 22, 2008
If the 1930s taught us anything, it was that one way to make a depression "Great" is for countries around the world to go protectionist. ...more
December 21, 2008
Bailouts Misdirected If the U.S. government had truly considered a meaningful stimulus package with benefits for the American consumer, they could have taken the $750 billion dollars and divided it among every taxpaying citizen of the United States, requiring it to be used to reduce debt or purchase American-made products. ...more
December 12, 2008
Seldom has corporate strategy been turned on its head so quickly. Barely a year ago, cash was a dangerous thing to accumulate: activist investors stalked companies, urging boards to return it to investors, to pay special dividends or to buy back shares. ...more
November 29, 2008
When the finance ministers of the world's top economies convened in Washington last month around the annual meeting of the International Monetary Fund, they developed a successful international strategy for responding to the financial crisis, which had reached panic proportions in the markets. It was promptly implemented by the key countries and quelled the worst of the anxieties. ...more
November 15, 2008
This financial crisis has really redefined the notion of "talking heads." On business news channel CNBC, at any one time, 10 of them can be crowding the screen, to the point that it looks like a school picture come to life. ...more
October 26, 2008
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