US Department of Energy will offer a conditional guarantee as part of a $150 million loan to 1366 Technologies Inc for the development of a multicrystalline wafer manufacturing project.
IBT Staff Reporter
Jun 19, 2011
American carmaker General Motors plans to invest $32 million in its Spring Hill plant and $33 million in Tonawanda Powertrain plant that will help together create or retain 163 jobs in the United States.
IBT Staff Reporter
Jun 19, 2011
Sporting a monster sized screen with high definition capabilities, dual processor, very thin size, and Android Ice Cream Sandwich OS, Google's Nexus 4G could give Apple's iPhone 5 some heavy competition as both devices are set to have similar release dates.
IBT Staff Reporter
Jun 18, 2011
Prince William with his new bride Catherine will tour Canada followed by a Hollywood weekend, the royal couple will first land in Canada to begin their 11 days North American tour.
IBT Staff Reporter
Jun 17, 2011
Japanese car major Toyota Motors today said that it expects North American vehicle production levels to return to 100 percent in September. Production is recovering earlier than originally anticipated following the March 11 earthquake and tsunami in Japan.
IBT Staff Reporter
Jun 17, 2011
Yesterday, a highly valued client of ours posed this question to us: ”Do you think that we are headed towards a depression?” It is not clear to me what event triggered the question, but my answer was a resounding “No”.
Palash Ghosh
Jun 16, 2011
Britain will endure at least another three years of economic weakness before it can stabilize, warned the governor of the bank of England, Sir Mervyn King.
Palash Ghosh
Jun 16, 2011
The chief of NATO said that European members of the alliance need to increase their defense spending and reduce their reliance on the US for sophisticated weapons.
Palash Ghosh
Jun 16, 2011
Illinois based computer hardware and software supplier, in a poll conducted last month, confirmed that nearly 28 percent of all US organizations are using cloud computing and another 73 percent reported that their first access to cloud was through a single cloud application
Prarthito Maity
Jun 16, 2011
An online field study research shows that people watch political content more than they watch and share advertising or brand content.
Drishya Nair
Jun 16, 2011
There's still no app for good old-fashioned common sense, that is something no one in business can afford to be without, says Michael Feuer, cofounder and former CEO of OfficeMax and author of the new book The Benevolent Dictator: Empower Your Employees, Build Your Business, and Outwit the Competition.
Drishya Nair
Jun 15, 2011
US auto major Ford Motors will invest €812 million, or $1.2 billion, for its plant in the Valencia region of eastern Spain.
IBT Staff Reporter
Jun 15, 2011
Ron Johnson was a MVP for Apple and will not be an easy guy for the company to replace.
IBT Staff Reporter
Jun 14, 2011
Chairman Ben S. Bernanke t the Annual Conference of the Committee for a Responsible Federal Budget, Washington, D.C. June 14, 2011
Palash Ghosh
Jun 14, 2011
Google made its biggest green investment yet $280 million dollars in a deal with Solarcity, which will use the funds to finance rooftop installations.
IBT Staff Reporter
Jun 14, 2011
General Motors will invest $20 million in machinery and equipment for its Fairfax Assembly plant to add future technologies and improvements of the Buick LaCrosse including eAssist of a light electrification technology that will boost highway fuel economy by 25 percent over the current model.
IBT Staff Reporter
Jun 14, 2011
General Motors will invest $47 million in its Defiance Powertrain plant Ohio to purchase tooling and equipment to increase volume of components for the fuel-efficient Ecotec 1.4L engine.
IBT Staff Reporter
Jun 14, 2011
General Motors Ventures LLC will invest $6 million in zero-emission commercial transit bus maker Proterra, the company said in a statement on Monday.
IBT Staff Reporter
Jun 14, 2011
The world’s second richest man, Bill Gates, hums the Bruno Mars song “I wanna be a billionaire so freakin bad” to himself and knows some Lady Gaga songs. Know the 5 facts Gates revealed during an interview.
Sanskrity Sinha
Jun 14, 2011
German luxury carmaker BMW Group will invest 500 million pounds in its UK production network over the next 3 years.
IBT Staff Reporter
Jun 13, 2011
About 2,000 villagers protested against POSCO's planned $12 billion steel plant on Saturday, with women and children forming a human ring around the site. Local television carried footages of women and children folks lying down on the site, making a long human ring.
Drishya Nair
Jun 12, 2011
Europe's reluctance to commit resources to NATO is endangering the global alliance, outgoing Defense Secretary Robert Gates said in the final policy speech of his tenure.
Jeremy White
Jun 10, 2011