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...there really a demand for machinists? Yes - even in a recession. One rough calculation found that about a million high-skilled jobs remain unfilled. This is why a fresh approach to job-making, one that focuses on mastery of skills instead of simple button-pushing, matters. "If we go back to the old ways," says sociologist Richard Sennett, who has probably studied the quality of American working life as thoroughly as any other scholar in the past few decades, "we just go back to a very unsustainable path...
...Hershey, this price tag would be tough to handle on its own and would most likely require 65% equity financing and $225 million in synergies to make financial sense, says Growe. However, Hershey could potentially team up with Nestlé to bid for Cadbury, with Hershey grabbing Cadbury's chocolate business and Nestlé picking up its chewing gum and candy operations. "They could divide and conquer without giving up control of the company," he says...
...from oil. Among the bad boys: Venezuelan President Hugo Chávez and Iranian President Mahmoud Ahmadinejad, whose oil revenues offset the impact from Western sanctions and help finance their vote-getting social programs. Angolan officials this month told OPEC they needed an exemption from their quota of 1.5 million bbl. a day, since companies like Chevron and Total have invested billions in drilling off Angola's coast, and the country - most of whose people live in dire poverty - could potentially pump about 2.3 million bbl. a day by year's end. "They argue that they are a war-torn...
...Russia OPEC has no control over one very important energy powerhouse: Russia. Russia's Energy Ministry reported this week that for the first time, the country's exports (about 7.4 million bbl. a day) outstripped those from Saudi Arabia, which has the world's biggest oil reserves. Saudi Arabia cut its production last year in order to prop up world oil prices and is easily the bigger potential oil producer. But oil analysts say that by ignoring OPEC's calls for production cuts, Russia has shown OPEC how little power it wields over non-OPEC producers. Although Russian officials told...
...individual businesses he's zeroing in on may be small, but Tasch is thinking big: "We're setting out to build an organization of one million Americans to invest in food systems around the U.S." He envisions "catalyzing investments of $25 million a year or more as a first step." Though he is only now starting to raise money, Tasch says the response to his model has been "extremely heartening...