Tesla Motors Inc., labeled a “loser” by Mitt Romney during the U.S. election, is giving President Barack Obama’s green-energy strategy its biggest win after almost two years of failures pounced upon by Republicans.
B456 Systems Inc., the bankrupt electric-car battery maker formerly called A123 Systems Inc., won court approval of a plan to exit bankruptcy that pays creditors from the proceeds of selling virtually all its assets.
Chen Li, the UBS AG strategist who predicted the tumble in China’s smallest shares two years ago, says the companies are poised to retreat again after valuations rose to the biggest premium over larger stocks since 2010.
Russian President Vladimir Putin’s changing attitude toward two giant government-led high-tech projects sends a troubling message about his third term in office: Maintaining power is more important than modernizing the economy.
More than 11 percent of investments under U.S. professional management were selected for companies’ financial performance and their social and environmental responsibility in 2012. That’s $3.74 trillion of the $33.3 trillion in investments scanned for environmental, social and governance criteria (known as ESG), according to a November report by the U.S. SIF Foundation.
Synagro Technologies Inc., a biosolids-management company, won court approval of procedures that will govern the sale of virtually all its assets at an auction next month, according to a company spokesman.
Fossil fuels typically don’t leap to mind as carbon-cutting alternative energy sources. Yet in Sudan's North Darfur region, liquefied petroleum gas, or LPG, is helping reduce carbon emissions, plus saving lives and money.
Clean energy shares are outperforming the Standard and Poor’s 500 Index for the first time in six years and momentum indicators signal more gains for the industry, according to Sanford C. Bernstein & Co.