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...nothing has driven China's growth more than real estate investment. Last year, fixed-asset investment accounted for more than 90% of China's overall growth, and residential and commercial real estate investment made up nearly a quarter of that. (See pictures of the global financial crisis...
A123 Systems is a window on how the government's multibillion-dollar electric-vehicle gambit is working. The company was founded at MIT in 2001 with a $100,000 Department of Energy grant. One of its early products was lithium-ion batteries for power-tool maker Black & Decker. Last year, A123 Systems got a $249 million federal grant to open at least three lithium-ion-battery plants in Michigan that will employ hundreds of workers. Michigan is home to or close to many of the plants where electric vehicles are being made, of course, and the state has a surplus...
...while the Big Red was able to string together hits late in the game—mounting a last-inning comeback with four runs in the seventh—it proved too little, too late against a solid Harvard showing...
...Beating Cornell] means a lot,” Suter said. “They made it far last year...They could hit. They’re a good team...
...split to open Ivy League play was a clear improvement over last year’s opening weekend, when the Crimson was swept by Columbia...