Electric vehicles push accelerates toward mass rollout
Oil shocks spurred a shift to electric and hybrid cars with GM and Nissan already selling in major cities. Battery costs fall as U.S. plants rise with $2.4 billion federal support. Argonne Lab advances lithium ion tech used in GM Volt. Industry leaders forecast rapid price competitiveness and a growing charging ecosystem led by SemaConnect, Hertz, Best Buy, and ECOtality. President Obama aims for 1 million electric cars by 2015.
MENTIONED IN THIS ARTICLE
Washington
General Motors
Nissan
U.S
United States
Chevy
Eric Isaacs
Argonne National Laboratory
Argonne
Chicago
Department of Energy
Genevieve Cullen
Electric Drive Transportation Association
Japan
China
Mahi Reddy
SemaConnect
Annapolis
Reddy
Safeway
Westminster
San Francisco
Ecotality
It Manufac
Tures
Detroit
California
Washington State
Oregon
Arizona
Hertz
New York
Paula Rivera
Chad Bell
Best Buy
New Business Solutions Group
Geek Squad
Barack Obama
Google Wins Clearance for ITA Software Deal
Google Inc won government clearance Friday with restrictions for its 700 million purchase of ITA Software, maker of airline fare trackers. The deal gives Google a key travel search role, promising more consumer choices while regulators flag antitrust concerns about a dominant gateway online. The move foreshadows broader scrutiny as Google expands beyond search into travel and other markets.
MENTIONED IN THIS ARTICLE
Google Inc
ITA
Google
U.S
TripAdvisor
Europe
Market roundup: stocks fall while commodities rise
Friday trading shows the Dow down 29.44 points to 12380.05, the Nasdaq off 15.72 at 2780.42, and the S&P 500 slipping 5.34 to 1328.17. Treasury yields edge up 0.01 to 4.63 percent as corn gains 9 cents to 7.68, soybeans rise 28.75 cents to 13.92, wheat up 10 cents to 9.33, and oil climbs 2.49 to 112.79.
MENTIONED IN THIS ARTICLE
S&p
Treasury
Chicago
Kansas City
New York
Gasoline could reach four dollars this summer
Oil rose to 112.79 a barrel amid dollar weakness and fears of supply disruption from Nigeria and Venezuela. Prices surge as Libyan exports shrink and OPEC producers cover the shortfall. If crude climbs further, OPIS predicts gas averages near 4.00 a gallon nationally this summer, with California and several states already above 4. The oil rally is seen as affecting the broader U.S. economy.
MENTIONED IN THIS ARTICLE
New York
West Texas
New York Mercantile Exchange
Nigeria
Venezuela
U.S
Oil Price Information Service
OPIS
Tom Kloza
Kloza
AAA
Wright Express
California
Alaska
Hawaii
Connecticut
Washington
D.C
Illinois
Libya
Saudi Arabia
OPEC
Europe
Barclays Capital
Jim Ritterbusch
Also Mentioned on This Page
Dow Industrials
Nasdaq
Alice
Asok
Lake Diseconels
Chicin
Lita Oun
Ersary
Sap
Massachusetts
Lawrence Marketplace
Lawrence
Carter
Maley Wilkins
J.A. Vickers, SR
Robert F Vickers, SR
THE
University OF Kansas School OF Business
Kus Kobech
Lied Center OF
Kansas
School OF Pah Ess
John L. Allen, Jr
CNN
Vatican
NCR
Woodruff Auditorium
Kansas Union
Department of Religious Studies
KU Kansas