New statistics on job separations
For the first time since September 2008, more people are quitting their jobs than are being laid off by their employers. Fifty-one percent of so-called job separations in February were due to workers quitting, according to the most recently available government data.
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Electric vehicles are not always the best choice
Electric vehicles aren’t the most environmentally responsible option in every part of the country. In regions where power plants are mostly coal fired, the cleanest choice is a gasoline-powered hybrid vehicle, according to a study by the Union of Concerned Scientists.
Los Angeles Times
Luxury goods market in China soars
Sales of luxury goods in China topped $30 billion in 2011, up 29 percent over the previous year.
Bloomberg Businessweek
U.S. to become exporter of liquefied natural gas
The U.S. is poised to become a major exporter of liquefied natural gas, a development that could have a major impact on global gas markets. Houston-based Cheniere Energy has won approval from the U.S. government to build the nation’s first facility to liquefy and export natural gas. Natural gas production has boomed in the U.S. thanks to shale drilling.
Financial Times
IMF raises estimates for global economy
The outlook for the global economy is improving, according to the International Monetary Fund, which this week raised its estimates for global growth to 3.5 percent for 2012. That’s up slightly from the fund’s last projection, in January, of 3.3 percent. The euro crisis and a spike in oil prices, the fund said, remain big risks.
CNNMoney.com