Big Federal Subsidies for Batteries
The federal government is doling out lots of dough so that private companies don't have to spend their own on battery research
Economics
Nevada Gives Few Corporate Handouts, Has Lower Taxes
With fewer demands for taxes, Nevada has less need, or ability, to pay off businesses
Half of Caltran Traffic Cams Not Working
California spent at least $5.5 million last year on the cameras.
What the Anaheim Riots Can Teach Other American Cities
It's time to reform the police and cut bureaucratic red tape.
Detroit: Graveyard City
Abandoned parts of the failing city are being used as dumping grounds for murder victims
Despite Thousands of New Hires US Unemployment Rises
163,000 hired by companies in July while the unemployment rate increased from 8.2 percent to 8.3 percent.
Virgin Atlantic Reports Losses
Loss comes despite an increase in passengers and revenue, passenger duties and fuel costs blamed.
Spanish Trains Disrupted Amid Anti-Privatization Strike
Hundreds of trains have been cancelled after a strike over the government's plans to sell half of the country's rail sector.
New European Regulators Will Require Automatic Braking on Cars
From 2014 onwards it will be impossible for a car to achieve a five star safety rating in Europe without the new technology.
Samsung to Announce New Galaxy Note Ahead of New iPad
Announcement comes amid a heated dispute with Apple.
Spanish Cabinet Meets to Discuss Budget
Meeting comes amid high borrowing costs and skeptical European markets.
Supreme Leader Meets Diplomats For First Time, Requests Aid
Kim Jong-Un has met with Chinese officials on the same days North Korea asked for UN aid.
Bailed Out Bank Loses $723 million For the Second Quarter
The Royal Bank of Scotland, which is 82 percent owned by taxpayers, continues to hemorrhage.
Markets Still Unconvinced By Euro-Crisis Proposals
Vague plans outlined by ECB President Draghi fail to reassure investors.
Amtrak Lost More Than $800 Million on Food
"It costs passengers $9.50 to buy a cheeseburger on Amtrak, but the cost to taxpayers is $16.15."
Red Tape Chokes California Lumber Industry
With permit fees ten times more expensive than those in neighboring states, California is driving away timber companies and jobs
Time for the Union Payoffs! Bullet Train's First Boon Goes to State Highway Workers
A journey of 800 miles begins with spending millions to relocate a small chunk of highway in the middle of Fresno.
Aussie Pol Sparks Spat With New Jersey
With negative remarks about the Garden State, the land downunder's Treasurer initiated a Chris Christie-sized feud
Draghi Promises To Save Euro
European Central Bank chief vows "whatever it takes" to preserve the embattled currency
Gay Kiss-Ins at Chick-fil-A
The chicken-y turmoil continues, as same-sex couples plan to protest Chick-fil-A's stance by smooching in the company's stores
Wendy's Briefly Enters Chick-fil-A-Fray
A leading Wendy's franchisee publicly supported the chicken chain's conservative stance before corporate tugged the reins
Brazil Dodges Credit Bubble
Supercharged credit growth had economists worried about Brazil's near-term prospects, but new numbers show a slow-down
White House Playing Coy on Defense Layoffs?
GOP lawmakers say the White house is leaning on defense contractors to stay mum about likely post-election job cuts
Fed's Use of Broken LIBOR Made Financial Institutions Look Stronger
Manipulating numbers downward was way to ease loan terms
Why Bill Clinton Should Be Giving the Keynote Address at the RNC Convention
If Clinton actually used his perspective, he'd be giving a rousing convention speech on the benefits of free trade and free markets.
Bristol-Myers Executive Charged with Inside Trading
Authorities say trades garnered $310,000 in profits.
GOP Report: White House Budget Analysts Were Worried About Solyndra
Concerned about financial risk to taxpayers since 2011, according to the report
Planned Job Layoffs Down For Second Consecutive Month
Nowhere near out of the woods yet on unemployment
GM Posts $1.5B profit despite losses in Europe
The government-bailed-out company did exceedingly well in North America, home to the government that bailed it out
For Palestinians, Don't Blame Culture
If you see an economy burdened by bureaucrats, suffocating controls and arbitrary delays, you can assume it will grow slowly or not at all.
U.S. Auto Sales Up, But Not for Good Ol' Government Motors
Japanese automakers see big gains.
San Bernardino Officially Files for Bankruptcy
California city faces insolvency over debts.
Analyst: Don't Depend on Facebook Money, California
Sliding price of Facebook stock means less likely tax revenue.
Stock Market Not Thrilled by Fed Stance
Stocks took a header after the Federal Reserve took a wait-and-see position on the economy
UK Fracture Over Welfare-State Cuts
Liberal Democrats are holding back cooperation from their Conservative coalition partners over proposed cuts in welfare-state programs
Red Tape Barrier to Philippine Oil
Oil producers say byzantine regulations pose a bigger barrier than the Chinese navy when it comes to exploiting oil in disputed waters off the Philippines
