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Recent News

January 11, 2013 Water battles loom in wake of shortage on Midwest rivers

Source: Mcleansboro Times Leader

The Army Corps of Engineers blasted rock formations from the Mississippi River bottom near the town of Thebes recently, keeping the river open for barge traffic. The Corps was hopeful that recent snow and rain would raise the...

January 4, 2013 World's 100 richest people got $241 billion richer in 2012

Los Angeles Times - The Standard & Poor's 500 index rose 13.4% to close at 1426.19. European stocks surged in the second half of the year. The îStoxxî Europe 600 index is up 19.6% since June 4, advancing as the...

December 17, 2012 A Familiar Party Returns to Rule Japan, Promising a Fresh Start. Don't Hold Your Breath

Source: Time

They’re back. For nearly the entire post–World War II era, the Liberal Democratic Party (LDP) has ruled Japan, its blend of export-led economics and lavish public-works spending spawning both the nation’s economic boom and then...

December 10, 2012 Rise in renewable energy will require more use of fossil fuels

Source: LA Times

As the state attempts to reach the goal of producing one-third of its electricity from wind and solar sources by 2020, more reliable sources of traditional power will be needed as a backup.

December 5, 2012 GMI Ratings Launches Global LeaderBoard

Source: GMI

New York — GMI Ratings, the leading provider of research on environmental, social, governance (ESG) and accounting-related risks affecting the performance of public companies, announced today the launch of Global LeaderBoard...[more]

November 29, 2012 Goldman's Blankfein: 'Country can't afford all this'

Source: CNN Money

WASHINGTON -- Goldman Sachs CEO Lloyd Blankfein said Wednesday that a compromise in Washington was essential to avoid the fiscal cliff. "The country can't afford all this," Blankfein said. "There has to be a compromise and...

November 26, 2012 Many Moons Later, the I.R.S. Questions a Tax Deal

Source: Gretechen Morgenson, NY Times

THE Internal Revenue Service works in mysterious ways. Its wheels grind slowly, but grind they do, as seen in the case of Fairfax Financial Holdings of Toronto.

November 12, 2012 Euro steady before Eurogroup, Greece checks gains

Source: Reuters

The euro held steady just above a recent two-month low on Monday after Greece's ruling coalition secured enough votes in parliament to approve a tough 2013 budget.

November 12, 2012 PwC Offers Post-Hurricane Lessons in Risk Management and Business Resilience

Source: Triple Pundit

Hurricane Sandy has already led to a couple of interesting discussions. It reminded everyone about the importance of addressing climate change, made everyone talk nonstop about resilience and provoked discussions about the...

November 7, 2012 Harsher energy regulations coming in Obama's second term

Source: Reuters

Energy companies likely will see more regulation in President Barack Obama's second term, with less access to federal lands and water even as the administration promotes energy independence.

November 7, 2012 Stock futures plunge on Obama reelection

Source: USA Today

NEW YORK — U.S. stocks were set to open sharply lower Wednesday following the re-election of President Obama. Investors' initial reaction seems negative to the defeat of the more business-friendly Mitt Romney and the continued...

November 7, 2012 Obama win clears healthcare reform hurdle, challenges remain

Source: Reuters

President Barack Obama's re-election victory eliminates the possibility of a wholesale repeal for his healthcare reform law, but still leaves questions about how much of his signature domestic policy achievement will be...

October 29, 2012 Economy vs. environment

Source: Times Union

Gov. Andrew Cuomo will soon decide whether to allow hydrofracking, a process of pumping water, chemicals and sand underground to extract natural gas from shale bedrock, in New York. Proponents say it is safe and will provide...

October 29, 2012 Americans too confused by healthcare act to like it, survey finds

Source: LA Times

Researchers quizzed more than 2,600 Americans about 12 aspects of the health reform law. Not only did they have to say whether the provision was really in the law (after all, they’d have a 50-50 chance of guessing the correct...

October 26, 2012 Perception that greening costs a lot more holding back sustainable designs

Source: Engineering News

A major barrier to developing more sustainable buildings in South Africa was the perception that green developments came at a significantly higher cost than standard developments, Green Building Council of South Africa (GBCSA)...

October 24, 2012 Confronting Climate Change: 9 Clean Replacement Technologies

Source: Green Energy News

July 2012 was the hottest month ever recorded, and 2012 is becoming the hottest year since record-keeping began in the nineteenth century. Global climate change is here now; it is not only a harmful problem for future...

October 23, 2012 Pricey electric car is a draw, but officials want to tap Colorado's natural gas

Source: Denver Post

China is pitching a "pure electric" all-wheel-drive car that gets 186 miles per charge — targeting public officials tasked with greening their vehicle fleets.

October 23, 2012 As unconventional U.S. oil, gas boom, so do jobs - report

Source: Reuters

The U.S. oil and gas rush is cutting into jobless numbers, supporting a total of 1.7 million jobs this year, a number that will swell to almost 3 million by 2020, a leading consultant said in a study released on Tuesday.

October 17, 2012 How High-Speed Traders Outraced the Profits

Businessweek - For the last few years, the stock market has been a race among high-speed traders. The game was simple: The fastest traders won the most profits. Since speed was all that mattered, trading got exponentially faster....

October 17, 2012 UPDATE: California Wholesale Gasoline Prices Ease on Sticker-Shock Fears

Euroinvestor - California's volatile gasoline wholesale market--which saw some prices rise 21% in the first four days of this week because of refinery disruptions--fell sharply Friday on fears that the week's swift run-up in...

October 14, 2012 OUR OPINION: Congress should act on tax credit for wind energy

Standard-Times - Bloomberg New Energy Finance estimates that wind energy can reach "grid parity" â the point where the cost of the energy is the same as the baseline price of power on the grid â by 2016. If that is...

October 10, 2012 Buying the Election?

Source: Joe Nocera, NY Times

Do you remember that moment in the first Austin Powers movie when Dr. Evil, back in action after being cryogenically frozen for 30 years, gets his hands on a nuclear warhead? “If you want it back,” he snarls to a group of world...

October 4, 2012 The ‘governance gap’

Source: Hindu

The other day, the new Chief Economic Advisor to the Union Finance Ministry, Raghuram Rajan, said that a “gap” had developed between the level of the economy’s performance and governance which needed to be closed if the country...

October 1, 2012 SEC Should Push for XBRL Convergence

Source: CFO.com

en Securities and Exchange Commission staff issued the commission's final report in July on its work plan to incorporate International Financial Reporting Standards (IFRS) into U.S. financial reporting, a key item was left out of...

September 27, 2012 Corporate Social Responsibility in China: Outlook and Challenges

Source: Triple Pundit

I spent the last two years in Hong Kong where I consulted on Corporate Social Responsibility communications projects for various organizations in Hong Kong and mainland China. What is the current state of Corporate Responsibility...

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