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...loss of venture capital and the reduced urgency for energy alternatives as the price of oil has tumbled. Clean tech startups have already shed jobs, and weaker ones are certain to go under. "The financial crisis has hit us harder than anyone would have imagined," says Marcel Brenninkmeijer, the chairman of Good Energies, a global clean tech investment fund. "We just can't get financing...

Author: /time Magazine | Title: Will Green Enterprises Survive the Economic Crisis? | 1/22/2009 | See Source »

...Senate Budget Committee chairman Kent Conrad said Wednesday the Senate version should take the CBO report into account and focus more on job creation. "One thing I think we have to look at is a redirection of some of this money," he told reporters tersely after the caucus meeting, "to things that will have more of an immediate effect." The Senate Appropriations Committee postponed its markup of the Senate version until next week after negotiators said they wanted to revisit some provisions...

Author: /time Magazine | Title: Economic Stimulus Plan Hits Bipartisan Obstacles | 1/22/2009 | See Source »

...Capitol lunch for the newly inaugurated President, he is generally doing well. And they add that Kennedy is fully engaged in the effort to pass universal health-care legislation - a cause for which he has fought for decades, and one in which he will play a crucial role as chairman of the Senate Health, Education, Labor and Pensions Committee. (See pictures of Obama's Inauguration...

Author: /time Magazine | Title: Ted Kennedy's Circle Upset by Caroline's Awkward Exit | 1/22/2009 | See Source »

...plus ultra of such depictions is Noble House, the 1988 TV miniseries that is a dumbed-down adaptation of the James Clavell novel of the same name. As a casting choice, Pierce Brosnan could not have been improved upon, playing the taipan, or chairman, of Struan & Co., which is modeled on the real-life conglomerate Jardine Matheson. Deborah Raffin - white of stocking and padded of shoulder - is the love interest and Ben Masters plays a silver-haired corporate raider. A pouting, 21-year-old Tia Carrere gives a splendid performance as a mistress by the name of Venus Poon...

Author: /time Magazine | Title: Hong Kong, Noble House Style | 1/22/2009 | See Source »

Last week, General Motors Chairman and CEO Rick Wagoner insisted that "the supply, design and construction of [electric-car] batteries must be a core competency of GM." GM plans to build a plant soon, as well as a battery research center, along with the University of Michigan. Toyota is already majority owner of the plant that makes the batteries for its Prius gas-electric hybrid car. Other car companies are looking to manufacturing firms like Chinese BYD, a leading cell-phone battery producer, to satisfy their battery needs...

Author: /time Magazine | Title: For Lithium Car Batteries, Bolivia Is in the Driver's Seat | 1/22/2009 | See Source »

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