The U.K. is more centralized than any other major power. While many in Scotland want to escape London's grip, freedom has its consequences
The most profitable private equity deal in history was badly timed but brilliantly executed
Patrick Campbell, uranium smuggler—or patsy in a Homeland Security sting?
South Korea wants its robotics industry to surpass those in Europe, Japan, and the U.S.
A ruinous Fed policy? Tell that to investors who made a trillion off Treasuries
Designers weigh in on the long-awaited Apple Watch—and wish it weren't another timid rectangle
The $182.5 million deal puts an end to years of legal wrangling
Innovations aimed at catering to rich people's pet peeves suggest some HBS alums are out of touch with the general population
Women make up about 20 percent of both the entrepreneurs and investors involved in angel investment deals, up from single digits a decade ago
Who's hiring: Transportation & utilities, Finance, Professional & business services
Percent companies planning to hire in Q3: 21 percent
Population: 5,867,489 (+2.5 percent YOY)
Unemployment rate: 8.3 percent
Mean annual income: $44,880
The Houston area has performed better than many job markets during the recession and the population continues to grow. According to the Conference Board, there were 77,400 online ads for jobs in the area in June, up 38.3 percent from a year earlier. The Greater Houston Partnership, a business organization, expects the wholesale trade sector (driven by demand in Asian economies) to add 5,200 jobs, administrative and support services to create 5,400 jobs, and the public sector to grow by 4,100 jobs. Meanwhile, the group projects the construction and upstream energy industries to remain weak.