by | Feb 24, 2011 | Towing
Events in the Mideast have, once again, revealed the U.S. economy’s vulnerability to an oil shock. Now more than ever, the nation must reduce its consumption of oil, especially from abroad, and become energy self-sufficient. An…
by | Feb 23, 2011 | Towing
Billions of dollars of electricity is wasted annually by inefficient power-conversion systems. But a fledgling company called Transphorm believes its technology can cut electric bills significantly — and hike mileage for hybri…
by | Feb 23, 2011 | Towing
Stocks fell again on Wednesday, and oil prices briefly crossed the $100-a-barrel mark after violence escalated in Libya. Oil traders are spooked about the possible spread of turmoil. Tech bellwether HP’s disappointing outlook …
by | Feb 23, 2011 | Towing
Americans could see gasoline spiking 10% to 18% higher in coming weeks as a result of the unrest in the Middle East, but they’re unlikely to rocket as high as some are predicting — unless the uprisings spread to Saudi Arabia. …
by | Feb 22, 2011 | Towing
The Dow suffered a steep triple-digit loss Tuesday as turmoil in Libya ignited a global sell-off in stocks. Oil prices rose sharply, as did safe-haven assets such as Treasurys and the dollar. Disappointing news from Walmart did…