CALIFORNIA

Fisker Karma Batteries to be Replaced by A123 Systems for $55M

A Fisker Karma drives.
A123 Systems Inc., the manufacturer of the Nanophosphate lithium iron phosphate batteries used in the Fiske Karma range extended electric car, will replace defective battery modules and packs at a total cost of $55 million, the company announced Friday.
More news
Would You Trust an Apple ‘iBank’ With All Your Money?

Apple iBank: What Are Odds Of Having One, And Will You Bank With It?

From an Apple fan's point of view, one could trust the Cupertino tech giant in terms of the wide range of products it offers to the customers. Parting with hundreds of dollars each year for laying hands on Apple gadgets does tell that story. But would you ever trust Apple with all your money? Would you trust Apple with your savings and consider banking with an iBank?
Gasoline prices are shown at a gas station in Del Mar, California

Will Obama Release Oil From Strategic Reserve to Control Gas Prices?

With political pressures mounting, talk about the release of the strategic oil reserves has come back. Will the President decide to release the country's reserves in a last gasp effort to stem the gas price spike? And if he does, what kind of impact will it have on prices?
The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011.

Wells Fargo Scoffs At Subpoenas In $60B Fraud Probe: SEC

In conducting an investigation of possible fraud in relation to Wells Fargo & Co.'s sale of almost $60 billion in residential mortgage-backed securities, the U.S. Securities and Exchange Commission on Friday requested that a federal court order the country's largest mortgage lender to comply with its subpoenas.
Facebook Vice President of Product Cox delivers a keynote address at Facebook's "fMC" global event for marketers in New York City

Facebook, lawmakers warn employers not to demand passwords

Facebook and lawmakers have warned employers against requesting Facebook passwords while screening job applicants, a controversial practice that underscores the blurring distinction between personal and professional lives the era of social media.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.