Momentum continues to grow for the expansion of carbon markets in North America and a cap-and-trade system in the United States, presenting a myriad a challenges for businesses. Here's a look ahead from Pat Concessi.

Pessimism may finally be abating. More than 70% of the senior financial executives surveyed say the worst of the financial crisis has passed.

If convergence with global accounting standards doesn't obliterate LIFO, the Obama administration's craving for revenue could.