Daily News Channel
General Motors took a big step toward its reinvention as the "New G.M." today when it opened what it calls the largest automotive battery laboratory in the United States, a move the struggling company believes will hasten the development of electric vehicles. GM invested $25 million in the 33,000-square-foot Global Battery Systems Lab to develop and test the drivetrains underpinning the Chevrolet Volt and other hybrid, battery-electric and hydrogen fuel cell vehicles
Those bullish on global economic recovery have their data points: the steady upward climb of world stock markets, three straight months of Chinese manufacturing expansion, the weak dollar. But there are still plenty of skeptics of a rapid and robust turnaround, with their own set of numbers to cite: continued bleeding of private-sector jobs in the US and Europe, more record lows in new home construction, and, er, the weak dollar
The Pakistani military says security forces have taken back the city of Mingora from the Taliban, calling it a significant victory in its offensive against the Taliban. Mingora is the largest city in Pakistan’s Swat Valley where security forces have been fighting the Taliban in a month-long offensive. “It is a great accomplishment,” said Pakistani Maj
If you want to stare deep into the crater of the world economy, look at the largest public company listings over the past year. By May 2008, a U.S
Florida’s Gulf Coast was crawling with shady real estate investors like Neil Husani during this decade’s housing boom. According to the U.S. Attorney’s office in Tampa, Husani and three co-conspirators working with his Sarasota-based Capital Force, Inc., bilked seven area banks out of $83 million in a mortgage fraud scheme.
If the Three Mile Island atomic reactor near Harrisburg hadn’t melted down 30 years ago this Saturday…well, there probably would have been an accident somewhere else. The entire U.S
Scientists in Colombia have unearthed the remains of a true prehistoric monster believed to be the biggest snake ever to have lived on Earth. Named Titanoboa cerrejonensis, the snake would have weighed 1,140 kilograms (2,500 pounds) and measured 13 meters (42.7 feet) nose to tail tip — dwarfing the largest modern pythons and anacondas which can grow to 6 meters (19.5 feet).
With its energy-gobbling casinos, Atlantic City, New Jersey, isn’t exactly known as a city that conserves electricity. Its motto: "Always turned on." This oceanside gambling mecca seems an unlikely place for a pioneering solar energy project.
Normally, "hot spot" isn’t the first phrase that comes to mind when talking about Saskatchewan, Canada.
Grappling with its worst economic crisis since World War II, Japan posted a record $10.1 billion trade deficit in January, the Ministry of Finance reported Wednesday. It was the fourth straight month of deficits as exports of vehicles, auto parts, electronics and semiconductors slumped.