Newmark's Door

Is the Motor City now . . . Mexico?

"Mexico Is Becoming The World's Best Place To Make Cars".

Mexico’s biggest advantage in building cars is cost. Land and labor in Mexico are abundant and cheap (even cheaper than in China). Plants run with “practically no limits“—Nissan’s current plant runs 20+ hours a day—and workers are not only exceptionally productive but alsoincreasingly more skilled.

Mexico is also a sweet spot for exporters, thanks to its prime geographical location at the midpoint of the Americas, and its lengthy border with the world’s biggest economy. “For Audi, the fact that Mexico is so close to the US is key,” Jacuzzi said. Just as importantly, Mexico has 44 free trade agreements with the EU, Japan, Israel, and many other countries—more than double the number held by the US.

"Newegg nukes 'corporate troll' Alcatel in third patent appeal win this year"

Kmart, QVC, Lands' End, Intuit, Zappos, Sears, and Amazon all settled. Newegg and Overstock.com didn't and they won convincingly. 

"Overqualified Yet Underprepared, Graduates Face 'Unique Paradox': Study"

A McKinsey study finds, "While the young people are qualified—even overqualified, in many cases—to enter the workplace, most of them feel ill-suited to tackle the harsh realities of an evolving job market."

One thing that might help is for schools to offer a lot more career information: "career day" on steroids.

Another thing would be to tell students, as I have for some years, that they need to think of themselves not as potential employees looking for jobs, but as independent small businessmen and women, as, yes, entrepreneurs. (With one major exception--if they plan to work for the government. But that's likely to change in the near future.) Just like small business people do, they need to periodically assess competitive opportunities and threats, and their strengths and weaknesses. Don't take my word for it--a presentation by billionaire Reid Hoffman makes the point very nicely. 

I wish I'd known about this when I was driving more

Advercar.com.

Welcome to adverCar.com, where you get paid to drive to work! Earn up to $100 a month the easy way- by driving as you normally do in a day.  Join the adverCar team and start earning extra income that you can put in your wallet or gift to your favorite charity. We invite you to explore the adverCar site to learn more about the company and this great opportunity.

"Your Internet Shopping Sprees Are Driving an Astonishing Building Boom"

To paraphrase a popular saying from a couple of years back: All your warehouse space are belong to us. 

"Where No Search Engine Has Gone Before"

Those wild and crazy folks at Google are trying to build "the Star Trek computer". 

Really.

"Jeff Bezos Explains Amazon's Strategy for World Domination"

Mr. Yglesias seems to miss the point that lots of companies with very bright futures can have high stock prices despite little profit. For one example, Microsoft did. 

"What Does [the] United States export?"

Nice color chart that you can even put into motion to show the changes between 1995 and 2010.

"Wegmans Eyes First Boston Store"

I've heard many times, from many independent sources, that Wegmans is the super-duperist grocery-store chain on the planet. Boston, fine. But note to Wegman's: WHY DON'T YOU COME TO RALEIGH-DURHAM?

Don't make me come to Rochester and beg. 

The economics of one (San Francisco) bike shop

Initial investment: $300 to $350K.