Daily News Channel
California lawmakers worked into early Wednesday but couldn’t pass a budget to avoid the possibility of laying off 10,000 more state workers. Lawmakers brought blankets and toothbrushes to work Tuesday, planning to stay as long as it took to pass a budget, but as of 2 a.m. PT (5 a.m
CNN’s Larry King talked with former President Bill Clinton on Tuesday night at the William Jefferson Clinton Center in Little Rock, Arkansas.
When carmakers outsource most of their components, assemble their products in different countries around the globe, are majority-owned by foreign shareholders and sell mainly overseas, does it still make sense to promote them as national champions? Nicolas Sarkozy thinks so, albeit with some controversial conditions. Just before unveiling an $8 billion loan for French carmakers Renault and PSA Peugeot Citroen last week, the French President suggested the aid should be conditional on them packing up their plants elsewhere in the E.U.
It hardly bears pointing out that during these days of 7.6% unemployment, when the business pages of the local newspaper look more like the obituaries, no industry is doing well — and that includes green business. Wind and solar manufacturers, starved for credit, are cutting back on projects and laying off workers