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While EV owners can charge the cars by plugging them into a regular 110-volt outlet, the "slow charge" can take up to eight hours and may jack up an electric bill the equivalent of 2 kilowatts per month. Most e-car owners will eventually want to plug in their faster, highway-approved EVs into new rapid-charging, 220-volt garage chargers. But that requires another step: finding a certified electrician and several thousand more dollars to install the add-on feature to the home or garage...
...latest news on the economy, though not positive, was at least benign, and that helped ease investor anxiety. Industrial production, reported Wednesday morning, is still declining, though the pace of decline is the slowest in eight months, adding another green shoot to the optimists' garden. A further boost to investor confidence came from just released minutes of the June meeting of the Federal Open Market Committee. The minutes revealed that most Fed officials believe the 18-month old recession is nearing...
...fiscal year (which ends in March). In a still heavily regulated economy, government action on major economic issues can have a profound impact on the nation, attracting foreign investment and fueling rapid growth. Thus, every newspaper and television station provided special coverage on the budget for the month preceding the announcement. Publications issued countless surveys, and every business leader offered their recommendations and predictions...
Sotomayor also spent much of the day defending her handling of the Ricci v. Destefano reverse-discrimination case, which the Supreme Court last month overturned, stating that she had simply followed existing precedent in joining the panel ruling that New Haven was right to deny white firemen promotions when enough minorities had not passed an employment test. She also sought to assure senators she'd remain open-minded on gun laws and pledged that she quite clearly understood that foreign laws are not applicable in the United States, even if she has an interest in studying them. Following a strategy...
...Ukraine's parliament has been on a moral crusade of late, banning gambling last month and, in the past few weeks, prohibiting the possession and production of pornography. Observers have expressed concern that such decisions are a sop to retrograde social forces that oppose liberalization and have the support of the generally conservative Ukrainians. With a presidential election scheduled for Jan. 17, politicians seem to be on the lookout for ways to give themselves a boost in the polls. "[They] are trying to make an impression on society by using the most extreme methods," says Taras Karasiychuk, director...