Small-business Loans Surge at Two US Banks
Huntington Bancshares and JPMorgan Chase continue to step up their lending to small businesses, with Chase posting a 45% increase in the number of loans issued last year.
Huntington Bancshares and JPMorgan Chase continue to step up their lending to small businesses, with Chase posting a 45% increase in the number of loans issued last year.
Guess what's been happening in the financial industry over the last few months? The banks have quietly turned on the lending spigot. After several quarters of having their loan balances plunge or flatten out, several of the nation's biggest banks are reporting increases of 8%.
The California company, SolarCity, has started offering solar EV chargers to customers in 11 states and Washington, DC, allowing people to drive their cars purely on sunshine.
Following a trail blazed by Indians and pioneers in covered wagons, electric car drivers hit the road Friday to inaugurate the first major section of a West Coast 'Electric Highway' dotted with stations where they can charge up in 20 minutes.
Tesla plans a massive expansion of its supercharger network, making a coast-to-coast trip in a Tesla all-electric plug-in luxury car possible in the near future.
IBM and partners are working on solving one of the biggest barriers to widespread electric vehicle adoption: limited battery range. Under its Battery 500 project - an effort to build a battery capable of powering a car for 500 miles - Big Blue has designed a battery that produces power by taking in oxygen and then recharges itself by expelling oxygen.
The Amur leopard was thrown a lifeline last week with the establishment of a new national park in Russia to help protect the world's rarest wild cat. Fewer than 40 Amur leopards are believed to exist in the wild. The majority of those currently reside in the new Land of the Leopard National Park, thanks to funds from the Russian government.
The Amur leopard was thrown a lifeline yesterday with the establishment of a new national park in Russia, announced by the World Wildlife Fund, to help protect the world's rarest wild cat. Fewer than 40 Amur leopards are believed to exist in the wild. The majority of those currently reside in the new Land of the Leopard National Park, which will be operated with funds from the Russian government.
Some good news was celebrated Sunday on Global Tiger Day by the 13 countries where the big cats still live. In Nepal's Bardia National Park, the wild tiger population doubled, from 18 to 37, in the two years before 2011. Camera traps in the park showed the marked increase, according to the conservation group World Wildlife Fund. The increase is credited to the Nepalese government which has vowed to protect the endangered cats and crack down on illegal poaching.
Asserting that nonprofits now lag behind industry in technological innovation due to lack of funding, Google unveiled its remedy yesterday. It announced $23 million in grants to organizations that are advancing society but asking nothing in return.
The Bolivian government recently created the largest protected wetland in the world - an area bigger than the Netherlands and Belgium combined, more than 17 million acres (6.9m hectares). The Llanos De Moxos wetland is prized for its rich natural diversity, as the home to 131 species of mammals, 568 types of birds, and 625 fish species. Several species - including the giant otter and the Bolivian river dolphin - have been identified as vulnerable, endangered or at critical risk of extinction.
All 193 members of the United Nations have finally found something they all can agree on: protecting the world's wildlife. A new pledge will enforce it.
New Zealand is telling fishing and mining industries to keep their "hands off" a huge part of the South Pacific.
The psychedelic drug in magic mushrooms may have lasting medical and spiritual benefits, according to new research from Johns Hopkins. In their study, scientists were able to reliably induce transcendental experiences in volunteers, which offered long-lasting psychological growth and helped people find peace in their lives — without negative effects. They are looking for terminal cancer patients for a similar study.
A leading U.S. home and garden pesticide maker has announced it will phase out all products that use a chemical linked to bee deaths.
Bees are vital -- because of their pollinating in the fields -- to any nation's food production and to European agriculture worth €22 billion annually. That's why Europe has voted to enforce the world's first continent-wide ban on common insecticides linked to serious harm in bees.
Squadrons of bumblebees are being deployed in the UK in a novel attempt to prevent grey mold from ruining the crop of summer strawberries. The bees are routed via a one-way system in their hive through a tray of harmless fungus spores which, when delivered to flowers, ensure that the grey mold cannot take hold as the fruit grows.
Having endured the tumult of their own revolution, Tunisians have traveled from far and wide to serve food and bring supplies to refugee camps along the Libyan border. Generosity and compassion, they say, are part of the spirit of their revolution.
A man credited as a hero of Tunisia's revolution, Gen. Rachid Ammar, has been promoted to chief of the nation's armed forces. Ammar is treated as a hero in this North African nation, credited by the press with refusing to obey orders of then-President Zine El Abidine Ben Ali to shoot on crowds of demonstrators.
The Tunisian fruit and vegetable seller who inspired uprisings across the Arab world when he set himself on fire -- is now the subject of a movie. The filmmakers are donating all profits from the film to the man's family setting up a fund to help other young people like Bouazizi.
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