To Bolivia’s president, it’s the great silvery-white hope. Lithium, the lightest metal. Half the density of water. Used in cell phone, laptop and iPod batteries, and in the years to come, many thousands of electric and hybrid vehicles propelling humanity into a cleaner energy future.
Monthly archives for February, 2009
Wall Street slides after Citigroup-government deal (AP)
Wall Street ended another unforgiving month with a steep loss — one that left the Dow Jones industrial average at less than half its record high.
Berkshire net sinks; Buffett says economy in shambles (Reuters)
Berkshire Hathaway Inc , Warren Buffett’s insurance and investment company, barely broke even in the fourth quarter because of losses on derivatives contracts tied to the stock market.
Buffett says economy to remain in shambles in 2009 (AP)
Billionaire Warren Buffett says all kinds of investors finished 2008 bloodied and confused because of the dysfunctional credit market and other financial turmoil.
Berkshire net sinks; Buffett says economy in shambles (Reuters)
Berkshire Hathaway Inc, Warren Buffett’s insurance and investment company, barely broke even in the fourth quarter because of losses on derivatives contracts tied to the stock market, which caused its net worth to tumble $10.9 billion.
ECB’s Trichet: We’ll see a pick up in 2010 (Reuters)
European Central Bank President Jean-Claude Trichet said in an interview that a pick up in the economy will be seen next year.
Citigroup gets new rescue, U.S. may own 36 percent (Reuters)
The U.S. government will boost its equity stake in Citigroup Inc to as much as 36 percent, bolstering the bank’s capital base in the latest emergency effort to save the banking giant.
Citigroup gets new rescue, U.S. may own 36 percent (Reuters)
The U.S. government will boost its equity stake in Citigroup Inc to as much as 36 percent, bolstering the bank’s capital base in the latest emergency effort to save the banking giant.
Metropolitan Responds to the Governor’s Proclamation Declaring a State of Emergency Because of the Ongoing Drought (Business Wire)
LOS ANGELES—-Timothy F. Brick, chairman of the board of directors of the Metropolitan Water District of Southern California, and Jeffrey Kightlinger, Metropolitan’s general manager, issued the following statement in reaction to Gov.
Metropolitan Responds to the Governor’s Proclamation Declaring a State of Emergency Because of the Ongoing Drought (Business Wire)
LOS ANGELES—-Timothy F. Brick, chairman of the board of directors of the Metropolitan Water District of Southern California, and Jeffrey Kightlinger, Metropolitan’s general manager, issued the following statement in reaction to Gov.