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The nation’s CEOs are bullish about their prospects for the new year, according to annual PricewaterhouseCoopers survey of more than 1,300 chief executives, which was released on Wednesday.  A full 39 percent were “very confident” that their company’s revenues would grow this year (up 3 percent from a year ago). More than 60% of the […]

I was struck recently by an interview conducted recently by McKinsey & Company with Ogilvy Public Relations Worldwide Global CEO, Christopher Graves. Discussing India, Graves was opining on what the country needs to do to improve its prospects and attract foreign direct investment. Graves said, “India has often baked into part of its investment brand a […]

There is roughly 55m SF of office spec and construction nationally at a time when the vacancy rate has dipped to 15.2 percent. Seems like a lot until you consider past recessions. Robert Bach, Director of Research – Americas, for Newmark Grubb Knight Frank offers an interesting look at the building boom that caused the […]

This post is another article about Millennials. Like Time Magazine‘s May feature, “The Me, Me, Me Generation” and countless other cover stories, it’s full of assertions and a few accusations. Unlike Time however, my accusations are directed at us older folk. Simply put, we don’t have a clue about the Millennial Generation and it’s liable […]

Employers are faced with many tough bottom-line decisions every day.  Because of healthcare reform, employee health and cost of that health has moved to the forefront. We all know that the growing trend over the past 20 years has showed Americans becoming less active, overly stressed and obese. How does that translate into dollars? Obese […]

Despite rating agencies like the S&P cutting the US credit rating from AAA to AA+, the country’s economy is outpacing the 12 nations that currently have the highest rating. Take a look at the indicators – the dollar is at its strongest since 2008, its GDP is growing faster than developed countries, and its deficit […]

In the largest bankruptcy filing by a city ever, Detroit filed Chapter 9. The effect of bankruptcy could be devastating on the public sector. The man at the center emergency manager for the city, Kevyn Orr, who has since been negotiating with Detroit’s many bondholders and other creditors about restructuring the city’s debt. Those negotiations […]

Ever wonder who is buying the new Lamborghini Veneno? That’s the  $3.9 million car. Or the $43,000 Brioni Vanquish II men’s suit? Or the $30 cup of coffee made from Kopi Luwak beans? Despite the recession the luxury good markets continues to thrive. The US gilded class leads the world in luxury goods purchases with […]

The S&P has upped the US.  It has raised the outlook for US debt from “negative” to “stable” which some take as an indication that we are unlikely to see a ratings slide like the one in 2011 that took us from AAA to AA+ anytime soon. The agency cited a lower federal deficit, the […]

We’ve all been inundated with talk about the era of Big Data. But these last few weeks, we felt its impact in dramatic fashion. Just hours after the explosions at the April 15 Boston Marathon, the FBI had amassed10 terabytes of data that four days later led them to the two suspects. Big Data is […]