Spend Matters Afternoon Coffee

Poison Apple...
Apple secretive about 'polluting and poisoning' supply chain, says report -- Despite its claim to be a leading promoter of corporate ethics worldwide, the maker of iPads and iPhones came joint bottom among 29 major IT firms in a transparency study drawn up by a coalition of China's leading environmental groups.

Speaking of rare earth "shortages" -- do we even need them?
We May Not Need Rare Earth Metals After All, Japanese Research Suggests -- You may have seen some recent press regarding reports that a Toyota supplier is developing an electric motor for use in the Prius and similar hybrids that does not need Rare Earth Elements (REE) in the magnets. A Toyota Prius electric motor uses 1 kg (2.2 lb) of neodymium plus dysporium, and yet supplies are increasing in price and decreasing in availability after China (the source of 95 percent of the world's REE according to an autoevolution blog) capped supplies this year to 4,500 tons.

Hu Jintao and manufacturing.
CEOs Descend On The White House For China Visit -- "I think our goal here today was to make sure that we break out of the old stereotypes that somehow China is simply taking manufacturing jobs and taking advantage of low wages," thereby straining the U.S. employment base, Obama said. "The relationship is much more complex than that, and it has much more potential than that."

- Sheena Moore

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