Recession Lingers On in Silicon Valley

Much has been made recently of the huge valuations of Internet players like Facebook, Twitter and Zynga, but while Web 2.0 is doing well, the Silicon Valley region itself is not. A new report shows compensation and unemployment…

GM Recalls 100,000 Vehicles to Fix Airbags, Rear Axles

The year maybe almost over, but there seems no end to the string of recalls issued by automakers this year. The latest action, announced Thursday, involves some 100,000 vehicles produced by General Motors (GM).

The Detroit-based auto giant is warning …