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"It does no good for taxpayers to pour $25 billion into the car companies and find that a year later that money has been spent and yet nothing has changed to diminish their obligations. Where will they get the next $25 billion? And the $25 billion after that?" Senator Jon...
For much of the year, the Canadian dollar, known as the Loonie after the lake-bird pictured on the one-dollar coins, was trading at par with the U.S. dollar. That squeezes manufacturers and grounds exports, since a strong Loonie deprives Canada of a cost advantage it has enjoyed for...
Flying cars. Ray guns. Robots. If film and television have taught us anything about the days to come, it is that the future will be overflowing with fantastic machines. Half of the appeal of franchises like The Jetsons or Star Trek is the boyish glee viewers get from hoping to...
But if flying cars are coming, what’s taking so long? In the book “Where’s My Jetpack?” published last spring, roboticist Daniel H. Wilson demands, “The time has come to hold the golden age of science...
The package - which could easily be doubled to $100 billion - would have five components: • A green bailout for the automakers, with a quid pro quo: they would have to increase fuel-efficiency standards in their cars at least 4% per year and make major investments in new battery technology...