26 August 2010

Business/Economic/Housing/Layoff News for August 27, 2010

Bernanke's helicopter could move to new altitude

Asian Stocks Decline on U.S. Growth Concern, Advancing Yen

Another Toyota Recall Affecting 1 Million Corolla and Matrix Brand Cars

1,000-Megawatt Plant in Calif. Marks New Milestone in Solar Expansion

India to add 100 Mw solar power capacity

UPDATE 2-Toshiba plans solar power push in Europe, U.S.

Solar, wind expected to become world's main sources of energy: scientist
US Wind Turbine Projects Run Into Resistance From The US Military . . . Here's Why

Breakthrough! Scientists create a synthetic surface for growing stem cells

China's Biggest Wireless Telecom Might Begin Selling Apple iPads In September


Silver and Gold ETFs: Protecting Yourself From a Sell-Off

The Great Delveraging Lie

Mass Delusion American Style

Dow closes below 10,000

S&P 500 down over 13% since April's high; surpisingly, short interest has stayed relatively flat

Dallas-Fort Worth commercial foreclosure filings are up 51% in 2010


11 Million U.S. Properties with Negative Equity in Q2

Chart of the Day: Housing Prices Since WWII

Current trends suggest that the housing market is collapsing. Again. Will it take the economy further down with it?

Mish: Burning Down the House; New Home Sales Consensus 330K, Actual 276K, a Record Low; Nationwide, Zero New Homes Sold Above 750K


The Renting Alternative Will Undermine The Housing Market For Years

Mish: Weekly Unemployment Claims Drop to 473,000, Last Week Revised Up to 504,000; 4-Week Average Rises to 486,750

Scarcity of jobs puts more at risk of foreclosure


Newark submits plan to eliminate nearly 1,000 city jobs

Children's Hospitals plans to cut up to 250 jobs

USA Today to give pink slips to 130 employees


Raytheon cuts 82 NASA workers

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