For the First Time in Years, Residential Construction Forecast is Optimistic; But Cautiously So

<April 25, 2012> The National Association of Home Builders (NAHB) held their annual Spring Construction Forecast webinar for members of the press today, and the organization’s forecasts were decidedly – if cautiously – optimistic. Forecasting rebounding growth in several important … Continue reading

Best Buy Reveals List of Stores to be Closed

<April 18, 2012> On Monday, Best Buy revealed the specific store locations it planned to close as previously announced by former CEO Brian Dunn, just days before he unexpectedly resigned under potentially scandalous circumstances. In the wake of reporting disappointing … Continue reading

Nortek’s Losses Increased in 2011, But Company Says Q4 Results are Encouraging

<April 4, 2012> In financial results filed with the SEC at the end of last week, Nortek, Inc. said fiscal year 2011 (year ending December 31, 2011) saw a substantial sales increase of 12.7% from $1.899 billion in 2010 to … Continue reading

University Offering Free Training to Those Who Will Start a Tech Company in Michigan

<March 28, 2012> Kettering University is offering free training for technology entrepreneurs interested in starting tech companies in the State of Michigan. The training, called their TechWorks program, begins in April and runs through May. … Continue reading

Housing Market Data is Mixed – Why That Really is Good News

<March 21, 2012> An investment expert once told me that Wall Street is most dangerous when everyone agrees on the market’s direction – either up or down (bulls or bears in Wall Street parlance.) If everyone says the market is … Continue reading

CE Shipments in Japan Drop Almost 34%, The Sixth Straight Month of Decline

<February 22, 2012> Shipments of consumer electronics products in Japan destined for domestic consumption dropped an amazing 33.9% for the month of January according to data from the Japan Electronics  and Information Technology Industries Association.

Hiring Managers Reveal Interview Mistakes, and Those That Were ‘Most Memorable’

<February 22, 2012> You’d think in this tough economy with high unemployment, job seekers lucky enough to score that much-needed interview would be on their best behavior…wouldn’t you? Well, then the results of the latest CareerBuilder survey of hiring managers … Continue reading

It’s Official – Philips Is Out of the TV Business…Globally

<February 22, 2012> The final step in a move that has been expected by some for a long time has been completed as China’s TPV Technology Ltd. shareholders approved the acquisition of the money-losing TV division from Philips Electronics. While Philips … Continue reading

S&P Cuts Panasonic’s Long-Term Debt Rating…Again

<February 22, 2012> Standard & Poors, the credit rating agency, today cut Panasonic Corp.’s long-term debt rating for the second time in only four months suggesting it continues to expect a rough road ahead for some of Japan’s most prestigious … Continue reading

Home Building Pro’s Reveal Changing Design Trends, With Disturbing Tech News

<February 15, 2012> CBS MarketWatch reported today on the changing trends in home design based on research by the National Association of Home Builders (NAHB). Based on a survey of industry professionals, the NAHB shared with CBS how the taste … Continue reading