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Gone are the days of one-eyed pirates being chased by the dilapidated schooners of ancient naval fleets. The modern-day fight against piracy is more like a 21st century James Bond movie, and it's a lucrative multi-billion-dollar business.Efforts to protect the seas and the shippers responsible for transporting billions of dollars worth of goods each year have ramped up over the last few years amid the re-emergence a half a decade ago of piracy.Oceans Beyond Piracy estimated in a new report released Tuesday that the cost of piracy in 2012 ranged between $5.7 billion and $6 billion . While that's down 12.6% from a high of $7 billion in 2011, the cost was reduced as attacks fell sharply and the speed of boats through high-risk areas fell, both a reflection of wide adoption of armed guards on seafaring vessels – the cost of which rose a staggering 80% last year to a high of $1.53 billion."The overall cost to the international community remains considerable," Oceans Beyond Piracy said in a ...
Many Americans have a tech gadget on them at all times—a smartphone in their pocket or a tablet in their backpack. But these gadgets may soon come out of hiding.The ...
Social media and aging senior care don't seem to go hand-in-hand. But for Home Care Assistance, an in-home senior care company, social media has been an invaluable t...
Large companies have crunched numbers for years, using consumer-spending habits and other insights to steer customers toward products and target users.But now a grou...
Ron McElroy wears many hats: author, real estate professional and surfer. While it might be hard to weave a common thread between the three, each roles has helped mo...
Growing up, Robin Wilson fought a daily battle against allergies and asthma.Her pediatrician encouraged natural solutions to her breathing troubles and reactions ove...
In today's complex financial system, water-related investments are about as fashionable as Myspace is in the modern social-networking scene.Save for a handful of inf...
AT&T Inc will increase capital spending by as much as 16 percent to $22 billion a year for the next three years to fund upgrades to its wireless and wireline network...
Cloud computing has the potential to become a greater generator of jobs in the U.S. than the Internet was in its early years, a new study says. In addition to creati...
The U.S. Central Intelligence Agency told software vendors on Tuesday that it plans to revolutionize the way it does business with them as part of a race to keep up ...
It seems everyone is squawking about higher education these days.Tuition costs are spiraling and on top of that, student loan default rates are soaring. Cumulative ...
For as far back as we can remember, focus groups have been the go-to market research tool to gather insights to guide new product innovation. The problem is that, wh...
Whether you call it the "War on Technical Talent" or something far less ominous, there is no doubt that there is a major shortage of qualified technical talent here ...
When most people think of SXSW they envision big parties, live music, a mass of tech celebrities and some great BBQ. All of that is true.That is what I was expecting...
Irene* is a great colleague. A senior manager in a large consulting firm, she pitches in when the workload gets heavy, covers for people when they're sick, and stays...
NYC-based startup Quirky Inc. takes crowd-sourced ideas for "cool" new products, puts the ideas through a rigorous voting process and then manufactures the winning d...
Everyone's eyes were on the senior executive as he stood in front of the boardroom and presented his case. He was advocating for our company to make its first acquis...
A handful of Chicago's up-and-coming companies celebrated their achievements by ringing the closing bell at the NASDAQ this week as recipients of the Chicago Innovat...
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