Yesterday, Vice President Biden and Treasury Secretary Geithner traveled to Milwaukee, Wisconsin for a Middle Class Task Force (MCTF) meeting about the need for Wall Street reform. Why, you might, would the VP’s MCTF take up the cause of reforming the way financial markets work—or don’t work? Because the outcome of this debate—the policies that [...]
Continue reading...28 April 2010 4:20 pm PDT
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First Solar (FSLR) is a company that many like to bash and bet against, but the company continues to deliver and they did so again after the bell today, keeping their long history of quarter over quarter growth alive (just barely). The company smashed the analyst estimate of $1.65/share by posting $2.00/share which also beats [...]
Continue reading...28 April 2010 4:00 pm PDT
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GM is hosting a webchat with Chelsea Sexton tomorrow, 29 April, at 2 p.m. EDT to discuss the Chevy Volt, Who Killed the Electric Car? and what she thinks has been learned from the whole GM EV1 experience. Sexton is the Founder of the non-profit Lightning Rod Foundation, and a former General Motors EV1 Specialist. [...]
Continue reading...28 April 2010 3:54 pm PDT
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Over the past two days, President Obama traveled to Iowa, Missouri and Illinois as part of his Main Street tour. He witnessed the hardships that Americans are facing from the economic crisis that plagues our nation. However, he also witnessed the possibilities and opportunities for growth that are happening all over the country, through investment [...]
Continue reading...28 April 2010 3:42 pm PDT
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I received a lot of emails about “Crowd-Sourcing” IBM to Cut 3/4 of its Permanent Staff by 2017?. Let’s take a look. Steve Writes … Mish, I’m currently working at Intel and was responsible for outsourcing my test team over the past decade. I’m personally being let go next Monday after 13 years and have [...]
Continue reading...28 April 2010 3:42 pm PDT
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3:44 P.M. CDT THE PRESIDENT: Hello, everybody! (Applause.) It’s good to be home. (Applause.) It is good to be back in Quincy! Thank you, everybody. Thank you. It is good to be back in Quincy! (Applause.) We’ve got some special guests here I want to acknowledge: the outstanding governor of the great state of Illinois, [...]
Continue reading...28 April 2010 3:30 pm PDT
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Oil prices and commodities got slammed on the S&P downgrades. They sent Greece to junk and Portugal is headed in that direction. Once again oil traders are reminded how much of the price of oil is dependent on some semblance of market stability. With the Fed dead ahead, oil traders have to realize that the [...]
Continue reading...28 April 2010 3:12 pm PDT
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One of the most important reforms included in the Affordable Care Act is the ban on what the insurance companies call “rescissions” – cancelling your coverage when you get sick. The ban wasn’t scheduled to go into effect until September, but in a clear sign of momentum for changing the health care status quo, the [...]
Continue reading...28 April 2010 3:06 pm PDT
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This afternoon, President Obama visited the POET Biorefining plant in Macon, Missouri, and commended POET for helping stake America’s claim on the future in clean energy. Discussing the significance of reducing our dependence on foreign oil and creating energy security, the President said that “the country that leads the clean energy economy will be the [...]
Continue reading...28 April 2010 2:48 pm PDT
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Yesterday President Obama asked for your help to narrow down the finalists in the Race to the Top Commencement Challenge and you responded. So far, we’ve received over 125,000 votes! The race is still too close to call, and it’s not too late to weigh in. Voting closes tomorrow (April 29) at 11:59 PM EDT, so [...]
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28 April 2010 4:30 pm PDT
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