Orders by U.S. companies for core capital goods like machinery, considered a proxy for business investment, rose 1.7 percent in October, the best showing since a 2.3 percent rise in May, the Commerce Department said Tuesday.
The economy is improving more than professional forecasters anticipated. It isn't only the federal government's Bureau of Labor Statistics that is issuing surprisingly good news about the U.S. economy these days… It's also auto dealers, real estate agents, the Federal Reserve and corporate America's 96-year-old Conference Board.
The world's third largest paper company, Asia Pulp and Paper, announced in February an immediate end to all natural forest clearing in its supply chains in Indonesia. The company's pledge to stop making paper from the pulped remains of some of the last virgin rainforests, along with its improved transparency, will help protect endangered Sumatran tigers and orangutans and forested peatlands that store massive amounts of greenhouse gases.
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