Consumer Spending Picks Up as Americans' Incomes Rise
Consumer spending in the US increased in July by the largest margin in five months, after personal incomes climbed 0.3 percent, the Commerce Department said today.
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Biggest Energy Companies in U.S. call for Caps on Carbon Emissions
Check out this lead paragraph in the online Grist magazine for April 6: Tuesday saw a tectonic shift in the climate-change debate during an all-day Senate conference on global-warming policy.
Microsoft Pledges to Become Carbon Neutral by July 1
Weeks after coming under fire for using excessive energy for cloud computing, Microsoft announced it will become carbon neutral across all of its operations starting July 1.
Many US Cities Still Thriving Despite the Economy
Newsweek rated American cities on their job creation, sustainability, livability and transportation-infrastructure, to cull a list of the nation's top performing metropolises. And, the 10 cities topping the list represent diverse areas of the country.
Chrysler To Turn Recycled Plastic Into Recyclable Car
Chrysler's quest to manufacture its first recyclable car is nearing completion. Experiments have produced an environmentally friendly machine which is low-cost, lightweight, and durable.
World's Cheapest Car The 'Nano' Debuts in India
India's Tata Motors has unveiled what is being called the world's cheapest car — the $2,500 4-person Nano.
Team Behind Virgin Galactic Unveils A Hybrid Electric Flying Car
Forget those gas-guzzling flying cars. Now you can drive and fly while saving lots of money on fuel. The hybrid flying car, called BiPod gets 820 miles on a tank of gas and 35 miles in electric mode.
Ford Adding 7,000 U.S. Jobs, Says Recovery is Encouraging
Ford Motor Co on Thursday stuck to its target of adding 7,000 jobs in the United States over the next two years, saying it sees an economic expansion here and not a double-dip recession. Also, fewer Americans filed new claims for jobless benefits last week than at any time since April, in what could be an encouraging sign for the labor market.
Ford to Invest $773 Million Across Southeast Michigan
Ford Motor Company is spending more than $773 million on new equipment and capacity expansions across six manufacturing facilities in southeast Michigan. The investments will create 2,350 new hourly jobs.
Global Software Firm Hiring More People With Autism
Software giant SAP yesterday announced a new employment push to hire more people with autism after a successful pilot program showed increases in office productivity and cohesiveness. "Only by employing people who think differently will SAP be prepared to handle the challenges of the 21st century," said a company official.
Toyota, Tesla Will Build Electric Cars Together in California
Toyota and Tesla Motors have announced a surprise joint venture, augmented by Tesla's purchase of a sprawling auto plant, recently closed near San Francisco. The remarkable turn of events creates the potential for Toyota to become more involved in the production of electric cars, and a boost for the recently embattledTesla, as well as a huge rebound for the factory that just last month produced its last Toyota Corolla before closing its doors.
Stimulus Package has Green for Clean Energy
The government is pulling out all the stops to get the economy's heart beating again, including a large clean energy investment that's part of The American Recovery and Reinvestment Act of 2009--the stimulus package. It provides about $80 billion altogether for renewable energy, energy efficiency, mass transit, updating the electrical grid and research.
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