Bloomberg means that Kobe Steel’s scandal over fake quality data is just the latest example of how some competition-pressed Japanese manufacturers are bending the “rules”, and of how desperate these companies have become to stay ahead of Chinese and other foreign competitors. As a fact, an increasing number of companies in China, South Korea, and elsewhere have…
Bloomberg reports that for years now, the explosive growth of e-commerce has outpaced the underlying technology; companies wanting to set up shop have had to go to a bank, a payment processor, and “gateways” that handle connections between the two. This takes weeks, lots of people, and fee after fee. Then in 2010, Patrick and John…
Bloomberg reports on the “new face” of American unemployment – one we cannot ignore any longer. Bloomberg finds that as the U.S. labor force crests again, a new complex of problems locks many Americans out of the workplace. Even at so-called full employment, some 20 million Americans are still left behind. While some of America’s jobless are…
Seth Stephens-Davidowitz, in his new book “Everybody Lies,” argues persuasively for a mutiny in social science. As revealed in this article, is that most people tend to lie on surveys and on social media. But in the ostensible privacy of online searching however, he argues, we inadvertently reveal ourselves, and this “digital truth serum” offers…
So far, for UPS and FedEx, Amazon’s been great for business. But lately, it seems all the more that it’s taking business away from them. With Amazon having spent $11.5 billion on shipping last year—nearly twice what it did two years ago, things are starting look bleak for prominent delivery service companies. When asked about Amazon’s…
According to Bloomberg, America could become the world’s energy superpower in 2017. For today, it’s becoming a global supplier of oil and natural gas in its own right. As a matter of fact, in 2017, America may be exporting more of the heating fuel than it imports for the first year since the 1950’s. Moreover,…
