More U.S. manufacturers are moving production back from China

manufacturing

U.S. based executives see a larger share of their manufacturing capacity will be in the U.S. in 5 years.

The number of U.S. manufacturers moving home is growing. According to a new survey from The Boston Consulting Group (BCG), more U.S. companies are moving production back from China.

 

 

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Who is quietly buying all of the cheap oil?

oil tankers China

There are 89 tankers sailing for Chinese ports.

The US Shale Oil industry and Venezuala up in arms, Russia is being awkwardly quiet as the ‘secret’ Saudi-US oil deal that pressured prices for crude down to $80 has ‘hurt’ a lot of the world’s producer nations. However, China is the one country that is very grateful, Bloomberg reports.

 

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China is more eager for self-driving cars than western countries

china's auto market

Chinese consumers are more interested in autonomous driving technology than anyone else.

The auto market in China is having an increasingly important effect on the bottom line for all automakers worldwide as it continues to grow. Just look at examples like General Motors’ strong recent growth or Porsche’s expanding sales. In addition to being vital for business, some industry watchers think the nation’s huge consumer force might just make it the premier place for automatic driving technology to prosper more quickly than in any other market.

 

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Huge 43% growth in online video watching in one year

online video

People on the Internet watched 38.2 billion free videos online in the second quarter of 2014.

A new report from Adobe has found that we are wasting more time than ever watching video, and we are increasingly doing it online. What’s more, “online” no longer means “on a computer” — it increasingly means on a smartphone, a game console, or a set-top box like a Roku or Amazon Fire TV.

 

 

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Video gamers speak out against sexual harassment

woman video gamer
Adult women are playing video games in greater numbers than ever.

Heather Knight thought she had found a like-minded community when she joined her first formal gaming group. The last thing she expected was what came next: unwanted, sexually harassing messages from her fellow players.

 

 

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Sweden is close to being the first country in the world to eliminate cash

sweden cash-free

It could take up to the year 2030 for physical money to disappear from Sweden’s system altogether.

Four out of five purchases in Sweden are paid for electronically or by card according to a new report from the Swedish news organization, The Local. They also report that Swedes are using electronic payments 260 times per person, per year.

 

 

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LinkedIn reranked top colleges for most desirable jobs

College-graduates

LinkedIn used its massive dataset of professionals to see what colleges where producing employees at the most desirable firms.

Only a few of the conventionally prestigious schools made the top of the list when colleges are re-ranked by how graduates do in the job market. LinkedIn mined its massive dataset of professionals to see what colleges where producing employees at the most desirable firms in a handful of industries, including finance, tech, marketing, and media.

 

 

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Bitcoin isn’t just for anarchists and libertarians anymore

Bitcoin

Consumers are embracing the digital currency even though the value of Bitcoin has fallen 55% against the dollar.

Earlier this year Mary Fons joined the Bitcoin economy. She uses the digital currency to buy gift cards and office supplies. Her partner reimburses her with Bitcoin for his portion of the rent. Thirty-five year old Fons isn’t a nerd or a self-proclaimed libertarian like many of the currency’s early adopters. She lives in New York and co-hosts the Love of Quilting show on public television. “Why Bitcoin?” she asks. “Because I want to have options. I think it’s a beautiful thing open to everyone.”

 

 

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Chuck Feeney, an unconventional billionaire who is revolutionizing philanthropy by closing his foundation

chuck feeney

Chuck Feeney

Chuck Feeney is a self-made billionaire who is an extreme philanthropist. He believes that charity shouldn’t go on forever and his fellow billionaires, from newly minted Silicon Valley entrepreneurs to Bill Gates and Warren Buffett, are learning from his example.

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Do states with no income tax save residents money?

no state taxes

A state might have no income tax, but it might make up for that through other taxes.

If you’re thinking about moving to a new location, it’s reasonable to seek out spots that might cost you less. Thus many people turn to states with no income tax. However, there’s more to the picture than income taxes.

 

 

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There’s a shortage of software developers – tell your kids to become coders

kids-coding

Companies can’t find enough coders.

Alibaba has gone public in a $25 billion deal. Now an avalanche of IPOs may follow. It is rumored that dozens of disruptive mobile, cloud, network systems and biotech companies are ready to tap public markets. Even before Alibaba, about 190 companies had raised $40 billion in 2014, a 40% increase from last year, according to a recent report from Renaissance Capital. Investors who remember the dot-com days of 1999 may cringe at the thought of a deluge of IPOs. But it may be a sign of vigor.

 

 

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