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SEC-mandated XBRL data at risk of being irrelevant to investors and analysts

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Jan. 22, 2013 — In 2009, the Securities and Exchange Commission mandated that public companies submit portions of annual (10-K) and quarterly (10-Q) reports -- in a digitized format known as eXtensible Business Reporting Language (XBRL). The goal of this type of data was to provide more relevant, timely, and reliable "interactive" data to investors and analysts. The XBRL-formatted data is meant to allow users to manipulate and organize the financial information according to their own purposes faster, cheaper, and more easily than current alternatives.

But how useful and usable is the new data to analysts and investors? The authors, early proponents of interactive data, from Columbia Business School's Center for Excellence...

More changes in health care needed to fulfill promise of health information technology

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Jan. 7, 2013 — Despite wide investments nationally in electronic medical records and related tools, the cost-saving promise of health information technology has not been reached because the systems deployed are neither interconnected nor easy to use, according to a new RAND Corporation analysis.

The potential of health information technology to both improve patient care and reduce spending are unlikely to be realized until health care providers reengineer their processes to...

Finding Chicago's food gardens with Google Earth

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Jan. 3, 2013 — Urban agriculture is promoted as a strategy for dealing with food insecurity, stimulating economic development, and combating diet-related health problems in cities. However, up to now, no one has known how much gardening is taking place in urban areas. Researchers at the University of Illinois have developed a methodology that they used to quantify the urban agriculture in Chicago.

John Taylor, a doctoral candidate working with crop sciences researcher Sarah...

Nanotechnology: Spotting a molecular mix-up

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Dec. 20, 2012 — Information within the bonds of molecules known as super benzene oligomers pave the way for new types of quantum computers.

Scanning tunneling microscopy (STM) is routinely employed by physicists and chemists to capture atomic-scale images of molecules on surfaces. Now, an international team led by Christian Joachim and co-workers from the A*STAR Institute of Materials Research and Engineering has taken STM a step further: using it to identify the quantum states...

Traffic congestion can be alleviated throughout a metropolitan area by altering trips in specific neighborhoods, model shows

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The color of the road segments in this image represents the number of neighborhoods that are major sources of drivers for that segment. Red is more than 100, yellow is 61 to 100, green is 41 to 60, dark blue is 1 to 20 and purple is none. (Credit: Pu Wang)

Dec. 20, 2012 — In most cities, traffic growth has outpaced road capacity, leading to increased congestion, particularly during the morning and evening commutes. In 2007, congestion on U.S. roads was responsible...