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October 26, 2012
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News for the outdoor power equipment industry |  Click here for GIE+EXPO information

  Top Story 
  • OPEI's Kiser warns about effects of E15 on outdoor power equipment
    Kris Kiser  
    Source: EquipmentWorld.com
    Kris Kiser, president and CEO of the Outdoor Power Equipment Institute, warned about the harmful effects fuel with 15% ethanol can have on lawn equipment. OPEI filed a legal challenge to stop the sale of the fuel due to its "catastrophic" effects on small engines, but the court denied the lawsuit. "E15 should not be used in any of our products; it will destroy them," Kiser said at the GIE+Expo in Louisville, Ky. EquipmentWorld.com (10/25) LinkedInFacebookTwitterEmail this Story

  Industry Buzz 
  • China and the U.S. are co-dependent, Caterpillar CEO says
    Dough Oberhelman  
    Source: Bloomberg
    A trade war between China and the U.S. is in the interest of neither country, Caterpillar CEO Doug Oberhelman said. "[W]hat I'm worried about is a broader match between the U.S. and China -- two economies, two countries that absolutely need each other ... where we start calling each other names, we start picking on each other, and all of a sudden, the trade barriers go up," he said. Bloomberg (10/22), CNBC (10/22) LinkedInFacebookTwitterEmail this Story

  • Glossy-leaved evergreens add sparkle to winter landscape
    In a dull gray winter, glossy evergreen leaves can reflect sunlight and brighten the landscape. Incorporating interesting foliage, textures and colors can add excitement, some landscape designers say. Add inviting architectural features such as walkways, trellises, pergolas and outdoor fire pits and fireplaces. The Washington Times (10/25) LinkedInFacebookTwitterEmail this Story
  Economic Indicators 
  • Study: Nearly 1 million jobs have been lost because of "fiscal cliff"
    With the "fiscal cliff" still two months away, the U.S. is already losing nearly 1 million jobs as employers lay off workers, delay purchases and leave vacant positions empty, according to a study by the National Association of Manufacturers. If Congress fails to head off spending cuts and tax hikes scheduled to take effect Jan. 1, nearly 6 million jobs will disappear through 2014 and the jobless rate will rise close to 12%, the study concluded. The Washington Post (10/25) LinkedInFacebookTwitterEmail this Story
  Inside & Out 
  • Simplicity is the secret to effective innovation
    The most successful innovators understand that one of the keys to innovation is simplicity, Matthew May writes. "Anything excessive, confusing or wasteful is intelligently and cleverly removed, or never added in the first place," he writes. These innovators create products with a limited set of features and tend to favor flat organizational cultures, he writes. Harvard Business Review online/HBR Blog Network (10/23) LinkedInFacebookTwitterEmail this Story
  • Say it with more than words
    To communicate more clearly and even boost sales, maintain eye contact when you speak and mirror the listener's body language, says Christine Corelli, president and chief creative officer of Christine Corelli & Associates. Other tips: Use your hands to gesture, but don't touch your face or fiddle with objects, and remember to speak clearly and not stand too close to the listener. Intuit Small Business Blog (10/23) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  • CEOs call for tax hikes, spending cuts to reduce deficit
    The CEOs of more than 80 of America's biggest and best-known companies have made a joint appeal to Congress to bring the U.S. deficit under control with a combination of spending cuts and tax increases. The proposal is at odds with the arguments of other business groups that avoid the politically sensitive matter of raising taxes. The Wall Street Journal (10/25) LinkedInFacebookTwitterEmail this Story
  Diversion 
  OPEI News 
  • Outdoor Power Report: A quarterly update for OPEI members
    OPEI's quarterly summary of issues and activities is now available. Read the report. LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
Be a lion at home and a fox abroad."
--Persian proverb

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