Service sector growth signals strength in 2011
The ISM services index rose to 57.1 in December the highest since May 2006 and the 12th straight expansion month. ADP reported 297,000 private sector jobs added in December, with 270,000 in services, suggesting a potential jobs rebound amid solid demand for health care retail and finance services.
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Institute For Supply Management
ADP
Pierre Ellis
Decision Economics
ISM
Verizon mobilizes 4G push with new gadgets at CES Las Vegas
At the Las Vegas CES, Verizon Wireless previewed 4G devices including Motorola Xoom, Droid Bionic, and competing models from LG Samsung and HTC. The company plans March launches and laptop 4G upgrades while AT&T previews its own 4G rollout later this summer.
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Lowell McAdam
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Four Loko ethanol recycling expands after FDA ruling
Virginia based MXI Environmental Services accepts hundreds of truckloads of Four Loko and other caffeinated alcoholic drinks from multiple East Coast states to recycle into ethanol and other products. MXI operations in Abingdon process up to four truckloads daily, with several months of work ahead.
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MXI Environmental Services
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MXI
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American Coalition For Ethanol
Potter
FDA
Retail ends 2010 on high note with strongest season since 2006
The holiday period from Oct 31 to Jan 1 saw stores open at least a year rise 3.8 percent year over year, the ICIS index shows. November led gains while December moderated, aided by early discounts and a December blizzard in the Northeast.
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