Shai Agassi, the founder of Better Place, has come up with a strategy for building infrastructure that he believes will solve the problem of range. Mr. Agassi's strategy is one that has been discussed here in the past. Better Place ...
Very few Americans have experienced an economic downturn as severe as the current recession. Although it is very possible that GDP will show a positive reading for the third quarter, hardly anyone expects the employment situation to improve significantly until ...
In the CNBC video shown in this article, Costco CEO Jim Sinegal makes a few brief comments regarding the state of the retail economy. Mr. Sinegal emphasizes the need for better conditions in the employment market for retailers to see ...
Santa Clara University Professor Meir Statman wrote an interesting story on behavioral finance for today's Wall Street Journal. The Mistakes We Make—and Why We Make Them focuses on eight key mistakes that investors typically make particularly when coming to terms ...
The Wall Street Journal reported today that BYD plans to offer its most advanced electric car, the e6 model, in the United States in 2010 which is a year ahead of the company's prior plans. BYD's e6 sedan has been ...
Warren Buffett's latest op-ed article in the New York Times warns about a surge in "greenback emissions" which could result in high inflation over the next several years. This is not Mr.Buffett's first warning about inflation. In his latest annual ...
I was unable to analyze Berkshire Hathaway's 13-F SEC filing in a timely manner over the past weekend and in the meantime a number of articles have appeared regarding changes in Berkshire's portfolio for the quarter ended June 30, 2009 ...
Read this post for more information on the Cash for Clunkers program and the specific impact of the program on local mechanics ...
The weekly and monthly data published by the Association of American Railroads (AAR) can be useful for evaluating the state of the overall macroeconomy. Warren Buffett has stated that he follows such indicators on a regular basis and AAR reports ...
As a follow up to yesterday's comments on the Chevy Volt, here is an interesting Fox Business News video where General Motors Vice Chairman Bob Lutz makes the case for the new vehicle ...
General Motors is claiming that the Chevrolet Volt electric vehicle can be expected to achieve 230 miles per gallon when used mostly in city traffic. The Volt is a hybrid vehicle that has a 40 mile range on electric power ...
Berkshire Hathaway reported results for the second quarter following the close of trading today. Operating earnings per share declined 21.7% to $1,147 per A share, down from $1,465 in the second quarter of 2008. Operating earnings per share for the ...
With the initial $1 billion of funding for the Federal Government's "Cash for Clunkers" program nearly exhausted, the Senate must pass a bill to provide more money for the program prior to the start of the August recess at the ...
In an article entitled "Buffett's Betrayal", Rolfe Winkler puts forward a remarkably uninformed critique of Warren Buffett's behavior during the financial crisis of the past year. While I am sure that Mr. Winkler has attracted the attention that he no ...
Furniture Today's Ray Allegrezza interviewed Warren Buffett on August 3 on a number of topics including the housing market, the future of CIT, and the $30 million expansion of Homemakers Furniture Store in Des Moines, Iowa. Homemakers is a subsidiary ...
The Great Depression of the 1930s changed consumer behavior for decades among those who experienced the downturn firsthand. Although the vast majority of consumers today have no direct recollection of the Great Depression, most everyone remembers relatives who were frugal ...
Johnson & Johnson Chairman and CEO William C. Weldon discusses the overall state of the economy and prospects for his business in the CNBC video shown below. Mr. Weldon acknowledges impacts on all of Johnson & Johnson's business segments but ...