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Has `clean tech' been eclipsed by fossil fuel innovation?
The Solyndra bankruptcy has raised new questions about whether we're getting our money's worth from investments, both public and private, in clean energy technology. The graphic comes to the conclusion that while “clean tech” investments are rising,
Updated: 10/28/2011 10:01A
GM sees Chevrolet's future in the East
As the feds turn up the heat on the auto giant in Detroit with bankruptcy seeming increasingly inescapable, half a world away GM is playing it cool in China where it broke the latest in series of monthly sales records in April.
Updated: 10/28/2011 09:51A
Is Consumer Debt At The Root Of Our Economic Woes?
In the 1970s, it was hard to run up debt and few families ever got to the point of bankruptcy. Bankruptcy filings have grown overall from about 110000 in 1960, to over 1.6 million in 2003, according to the US Department of Justice.
Updated: 10/28/2011 09:38A
Saab escapes bankruptcy as Chinese firms take over
STOCKHOLM — Beleaguered Saab appears to once again have narrowly avoided bankruptcy, announcing on Friday that two Chinese companies will buy it for 100 million euros ($142 million), making it the second Swedish carmaker after Volvo to take the road to
Updated: 10/28/2011 09:35A
Chinese firms take over Saab
Beleaguered Saab appears to once again have narrowly avoided bankruptcy, announcing Friday that two Chinese companies will buy it for 100 million euros ($142 million), making it the second Swedish carmaker after Volvo to take the road to China.
Updated: 10/28/2011 09:33A
Realty Executives Phoenix emerges from Chapter 11
Realty Executives Phoenix emerged from Chapter 11 bankruptcy Thursday, having had its reorganization plan accepted by the Arizona division of US Bankruptcy Court. Owner Rich Rector called the Phoenix Business Journal to convey the news.
Updated: 10/28/2011 09:28A
Former MSU regent tapped as new bankruptcy judge
Stout, 54, has practiced bankruptcy law for 30 years and has been a Chapter 7 bankruptcy trustee for almost 25 years. He replaces David Stosberg, who announced his retirement last year. A selection committee from the US 6th Circuit Court of Appeals in
Updated: 10/28/2011 09:18A
Chrysler turns quarterly profit of $212 million, gains market share
Oct. 28--Chrysler made a profit of $212 million in the third quarter, its second quarterly profit since its 2009 bankruptcy, as it gained market share and sold more cars and trucks. The Auburn Hills automaker also increased its profit forecast for its
Updated: 10/28/2011 09:16A
Chinese firms snap up Sweden's Saab
Lawyers who have been working on a bankruptcy protection process for Saab say a memorandum of understanding has been signed between the parties. The deal, still to be approved by the authorities and shareholders, is worth 100 million euros.
Updated: 10/28/2011 09:15A
China's Pang Da and Youngman Agree to Buy Saab for 100 million and Save it
For the sake of Saab and its employees, we hope that this is the final epidose in the long and turbulent ride that has brought the company to the brink of bankruptcy more times that we can remember. If you scroll down, you can hear what Victor Muller
Updated: 10/28/2011 09:14A
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