U.S. – Mid Atlantic Articles
When the project was announced nearly 10 years ago, the new-and-improved 77-kilometer waterway through the narrow Isthmus that connects North and South America was expected to reopen for business in time for the 100th anniversary of the Canal in 2014. But the daunting engineering challenge of building a third set of new locks—and a toxic combination of legal and labor issues—rendered that deadline unrealistic almost from the get-go.
Step aside, Monmouth and Quinnipiac: BF’s got the odds-on favorites for next year’s headlines.
Dow and DuPont have apparently agreed that they would be in a stronger position as a merged company with powerful synergies to successfully navigate an eventual breakup into more specialized units. The tentative deal also may signify the next step in the evolution of the global plastics industry, a shift in focus to specialty and advanced engineered plastics from oil-based petrochemical mainstays like polyethylene. Both companies have realized the need to get bigger before they can get smaller.
The Garden State offers a “brain trust” with a highly skilled and educated workforce that makes it easy to recruit top talent.
Driverless cars are being welcomed where you might not expect them.
McKesson Corporation will open a new 340,000-square-foot distribution center and create 160 new jobs in Orange County, NY.
The VA appears to have mismanaged the health records of nearly a million veterans; about 900,000 veterans are still waiting to get on the VA’s backlog for health services; and—brace yourself—as many as 300,000 veterans may have died awaiting access to health services they were promised but never received.
The New Jersey Economic Development Authority (NJ EDA) has approved 41 companies to share a total of $47.4 million through the state’s Technology Business Tax Certificate Transfer (NOL) Program in FY 2016.
Organizations in Pittsburgh, Detroit, northern Michigan, St. Louis, Alaska, Wisconsin and Nevada, have embraced business idea competitions; rewarding dozens of new ventures with grants ranging from $5,000 to $50,000. The 43North competition, said to be the largest such prize pool in the nation, offers $5 million in prize money to entrepreneurs who agree to move to (or retain their start-ups in) the city.
Geoengineering will be a growth sector in the age of climate change. The latest global warming “miracle cure” for the big CO2 problem is a new technology said to be able to extract carbon from the air and condense it into fibers that could be used as building materials or to produce components for electronics, cars, clothing and other manufactured goods.