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The growing indispensability of gadgets like cell-phones and laptops and their role in contributing to growth of the U.S. economy is discussed.

Talk about putting your money where your mouth is. When it came time for new office space, the leadership at McGuire Engineers, Inc. took the opportunity to create the ultimate [...]

The success of private equity firms in acting as agents of extensive corporate change is reflected in the growing proportion of total merger and acquisition activity represented by private equity buyout deals. The new challenge for private equity owners is to develop the new abilities demand by the responsibilities of ownership. As owner, the private equity firm has a much more significant influence over strategy, large investments and period to exit. Private equity firms must both maximize rewards for fund investors and manage the risks connected with majority corporate ownership as opposed to minority investment.

The state-owned Building Research Establishment (BRE) has been sold by the UK government to a management buyout team. The establishment, which focuses on specialist building research, was formerly part of the Department of the Environment. Most of BRE's business is government-based, with the remainder from European Union and industrial research programs. The management buyout team, backed by Barclays Acquisition Finance, comprises experienced businessmen from both the private and public sector. The deal is worth 8.2 million pounds sterling, of which the government received 1.7 million pounds sterling.