May 10, 2013 |
JOHANNESBURG -- Africa loses the benefit of billions of dollars each year through illegal tax evasion, money transfers and secretive business deals, more than all the money coming into the continent through aid and investment, according to a report released Friday. About $63 billion is lost annually, the 120-page Africa Progress Report states, and despite the continent's surging economic growth fueled by the global resources boom, poverty and inequality has worsened in many resource-rich African countries.
March 25, 2013 |
The woeful condition of California's road surfaces is costing drivers $13.9 billion a year in repairs and operating costs, according to a new report by the American Society of Civil Engineers (ASCE). Clark Barrineau, manager of state public relations for ASCE, said that the $13.9 billion figure came from an analysis done by TRIP, a national transportation research group. Barrineau said that the $13.9 billion represented what the state's drivers were paying for repairs and operation costs that they would not have incurred if they were driving on roads in good condition.
February 6, 2013 |
How big is the motorcycle business? Big. Multibillion-dollar big. Motorcycling accounted for more than $10 billion in total sales of gear, accessories and vehicles in the United States in 2012, according a report released by the Outdoor Assn., which tracks the economy of outdoor leisure activities. Sales of "trip-related" products and services -- food, lodging, transportation and such -- totaled another $32.5 billion. The "ripple effect" of dollars generated by motorcycle enthusiasts -- including wages paid in the manufacturing and service industries related to two-wheel sports -- accounted for more than $102 billion.
November 21, 2012 |
Days before the annual mob scene that is Black Friday, a consumer advocacy group urged parents to take a closer look at the Christmas toys they're gearing up to buy. Several popular products may pose safety risks to children, according to the 27th annual "Trouble in Toyland" report from the U.S. Public Interest Research Group, which visited toy chains, malls and dollar stores this fall looking for potentially dangerous playthings. Among the findings that caused concern: plastic play food sold at Wal-Mart and Toys-R-Us that could constitute a choking hazard; balloons from a dollar store marketed to 1-year-olds, even though experts recommend that balloons be restricted to children older than age 8; and a Dora the Explorer guitar at Target that may pose a hearing risk with prolonged exposure.
October 31, 2012 |
Apple released its annual report Wednesday, an 82-page filing that gives insights into its future plans and views on the competition. Here are some highlights: -- Apple said it is confronted by "aggressive competition" in all areas of its business and expects it to "intensify significantly" as rivals attempt to "imitate some of the features of the company's products and applications within their own products or, alternatively, collaborate with...
October 25, 2012 |
If you're a Democrat, you're likely to be a fan of Google, Amazon.com and PBS, while Republicans bestow favor on Fox News Channel, Chick-fil-A and Johnson & Johnson. At least those are the findings of the consumer research firm YouGov in its annual report on the brands that people of different political persuasions like. Although Democrats and Republicans differ a great deal in their favorite brands, there is middle ground - members of both political groups enjoy Cheerios, Clorox and Craftsman.