Drivers in cities with the most congested roads wasted the equivalent of more than a full work week sitting in traffic jams last year.
• Chicago Plans 10,000 Shared Bikes at 1,000 Stations • San Francisco Sees Biking As Fastest Growing Transit Mode A 19th century technology – the bicycle – will sweep American cities thanks in part to 21st Century applications that enable bicycle sharing, transportation officials from two American cities said in Chicago Friday. read »
In an era of misinformation overload, it is disheartening to see the Washington Post perpetuating the ignorance surrounding the issue of outsourcing. To be sure, in addressing the topic in Tuesday's paper, writers Tom Hamburger, Carol D. Leonnig, and Zachary A. Goldfarb were merely presenting the case of Obama’s critics "primarily on the political left," who claim the president has failed to make good on his promises to curtail the "shipping of jobs overseas." That conclusion may be accurate. But[...] read »
Hotel operator Marriott International reports second-quarter earnings after the closing bell Wednesday, and given the slowing global economy the stock may already be counting on the best-case scenario. read »
What is scarier than a mere 80,000 jobs added to the economy? To me at least, that would be the recent finding by the Institute for Supply Management that U.S. manufacturing declined for the first time in nearly three years. The industrial sector has been driving what little economic growth there has been and to see activity dwindle in that area has been truly frightening. read »
A global duopoly in jetliner sales, between Boeing (BA) and Airbus, would seem a comfy business arrangement. And who knows – perhaps beneath all that talk of brutal competition is a pair of comfortable and satisfied companies controlling a huge and growing global market. read »
Thinfilm Electronics moved a step closer to making the “Internet of Things” a reality, announcing a deal with U.S. packaging giant Bemis Co. today to create a printed electronics system for consumer product, healthcare and food companies who want to tag, track and collect information wirelessly about the products they ship. read »