Two Reports This Week are Good News for US Economy
Existing home sales grew in August at the fastest annual pace since March and increased plans for new buildings drawn up by architects indicate a future surge in non-residential construction.
Existing home sales grew in August at the fastest annual pace since March and increased plans for new buildings drawn up by architects indicate a future surge in non-residential construction.
Retail sales bounced back in May after a dismal April as sunnier weather encouraged shoppers to buy clothes and shoes, raising hope that Britain may yet avoid a longer slump.
U.S. auto sales remained an economic bright spot in May, with Chrysler reporting US sales up 30 percent. Meanwhile, a monthly survey of consumer confidence showed American sentiment at its highest level in four-and-a-half years, partly because gasoline prices have dropped.
Emma's mother was worried that her 21-year-old daughter would never find a job—until she tapped a skill that sought after by businesses.
U.S. retailers are extending deals into Cyber Monday and beyond to try to sustain a 13 percent gain in Thanksgiving weekend sales.
Vodafone is helping reunite families with loved ones in a refugee camp in Democratic Republic of Congo by providing free phone calls. Thanks to the humanitarian effort, nine-year-old Nirere was able to speak to her mother for the first time since they were separated 15 months ago.
The British branch of PepsiCo, the umbrella corporation that makes Tropicana, Quaker Oats, chips and soda, has made an ambitious promise to use 100 percent renewable energy by 2023. They're also shooting for zero landfill waste; packaging that is entirely renewable, recyclable, or compostable; and zero water intake at their main manufacturing sites.
An powerhouse alternative energy start-up is transforming the way North America manages organic materials, turning food and animal waste into renewable energy and other useful products at its plants in British Columbia, Ontario, California and throughout the Mid-Atlantic, Midwest and Northeastern states.
This week the Ford Motor Company announced impressive results in efforts to cut waste produced in its factories. Since 2007, the car company has slashed by 44 percent its global waste output -- a total of 100 million pounds. Expanding on the success, Ford plans to further reduce the amount of waste it sends to landfills by 10% per vehicle by the end of the year.
When two college students in Oakland discovered they could grow mushrooms in used coffee grounds, they started a company to recycle the waste from local cafes. Each morning the Back to the Roots team picks up 8,000 pounds of grounds in the back of a van and are on track this year to divert 3.5 million pounds of coffee grounds from landfills.
Looking at a warehouse full of discontinued door knobs, the folks at Union Hardware in Maryland wondered what they could possibly do to put all those products to better use. So, in 2011 the third-generation, family-owned business began a project to bring to life Vincent Van Gogh's masterpiece Starry Night using the tools of the hardware trade -- door knobs, levers and plates.
German sportswear company Puma announced a range of biodegradable shoes and clothes on Monday, seeking to lead in protecting the environment as it tries to catch up with rivals Nike and Adidas in sales.
At the ripe old age of 12, Sam Klein is a dedicated CEO of his own recycling business. He collects empty printer ink cartridges from local businesses, keeping them from the landfills, while earning hundreds of dollars by sending them back to manufacturers. Even more impressive, Sam has given more than $1,000 to charity.
A Danish restaurant features different dishes every night, created using produce and bread that would otherwise have gone to waste. 'Rub & Stub' opened in Copenhagen in 2013 after a group of environmentally-conscious friends decided to do something about the huge amount of food waste in the restaurant business.
1,500 tons of food that would have gone to waste will now go to UK charities every year thanks to an innovative plan by the British grocery chain, Asda. Teaming up with hunger charity FareShare, Asda will divert surplus refrigerated food that arrives from suppliers, ensuring it won't end up in the trash bin.
Emily Nunez and her sister have led military lives since birth. While attending a social entrepreneurship event as a senior in college, Emily realized that there were tons of surplus military gear being routinely thrown away that could be recycled into something reusable. She came up with the idea of turning tents, sleeping bags and parachutes into messenger bags.
A Dutch company has come up with a plan to replace concrete and asphalt highways with roads built from recycled plastic waste.
Banks are slashing the asking prices of homes with delinquent loans to their lowest levels in at least seven years, making it easier for homeowners to get out from under troubled mortgages and more appealing for homebuyers to snap up properties at a discount.
Contracts to buy previously owned U.S. homes rose to their highest level in more than two years - up 2.4 percent - in July, an industry group said on Wednesday, suggesting the housing market recovery was gaining traction.
Sometimes you have to dig for good news. And this is surely true in the real estate sector. There are some nuggets of good news buried in the latest housing data. Here are three encouraging trends.
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