Lets Hang Together or We Will Surely Hang Apart!
GM Filing Ch. 11 Bankruptcy Monday in New York
General Motors Corp. president and Chief Executive Officer Fritz Henderson will hold a mid-day news conference from the GM Building in New York on Monday, the day the 100-year-old automaker is expected to file Chapter 11 bankruptcy.
GM, which has lost nearly $90 billion since 2005, is expected [...]
Blue Collar U.S. Males Are Taking the Biggest Hit During This Recession
One statistic that stands out in America’s recession-stung economy is the unemployment rate for adult men: in April for the second month in a row it surged ahead of the national average to 9.4 percent versus 8.9 percent for all workers. The jobless rate [...]
Let’s Get Real About Alternative Energy
(CNN) — We need to introduce simple arithmetic into our discussions of energy.
We need to understand how much energy our chosen lifestyles consume, we need to decide where we want that energy to come from, and we need to get on with building energy systems of sufficient size to match [...]
BrightSource and PG&E Ink Largest Solar Energy Deal
photo: BrightSource Energy
California utility PG&E on Wednesday expanded an agreement with BrightSource Energy to buy 1,310 megawatts of carbon-free electricity to be generated by seven giant solar power plant projects – the world’s biggest solar deal to date. Coming on top of a 1,300 megawatt agreement with Southern [...]
U.S. Jobless Rate Rises to 25 Year High
WASHINGTON (Reuters) - U.S. employers cut 539,000 jobs in April, the fewest since October, according to government data on Friday that signaled the economy’s steep decline may be easing.
However, the Labor Department said the unemployment rate soared to 8.9 percent, the highest since September 1983, from 8.5 percent [...]
Fed Chief Bernanke Sees Signs of U.S. Economic Recovery
WASHINGTON — Ben S. Bernanke, the chairman of the Federal Reserve, said on Tuesday that the economic free fall of the last nine months was nearing an end and that the United States should begin a fragile recovery by the end of this year.
In his most upbeat [...]
Obama Targets Job Outsourcing
President Barack Obama promised sternly on Monday to crack down on companies “that ship jobs overseas” and duck U.S. taxes with offshore havens.
It won’t be easy. Democrats have been fighting — and losing — this battle since John F. Kennedy made a similar proposal in 1961.
The president’s plan would limit the ability [...]
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| « Apr | Jun » | |||||
| 1 | 2 | 3 | ||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| 11 | 12 | 13 | 14 | 15 | 16 | 17 |
| 18 | 19 | 20 | 21 | 22 | 23 | 24 |
| 25 | 26 | 27 | 28 | 29 | 30 | 31 |