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Lithium Ion Battery breakthrough promises 100-fold boost in performance
Researchers have developed a new advanced Lithium Ion battery that will allow mobile phone and laptop computers to be fully charged in seconds. Electric car batteries may be charged in as little as five minutes, removing one of the main barriers to wider uptake of EVs. Solar and wind power generation could also benefit as better batteries could be used to store surplus energy...Tags: Batteries, Battery Electric Vehicle, Laptop, Lithium-ion, MIT, Mobile Phone, Solar, Wind PowerRelated Articles: MIT develops new fast-charging battery technology ideal for automobiles Silver-Zinc batteries shape up to the Lithium-Ion incumbents Hitachi's new lithium ion-powered drill ZPower's silver-zinc rechargeable batteries promise efficiency gains Subaru doubles the battery range on its electric car concept New battery recharges in one minute
Gizmag

Lenders face huge bill as complaints over loan cover soar
The number of complaints about Payment Protection Insurance (PPI) policies has leapt more than 70 per cent over the past three months, as campaigns by consumer groups such as Which? have motivated tho...
BBC

Obama vows to fight AIG bonuses
President Barack Obama vowed to pursue 'every single legal avenue' to block $165m in bonus payments by AIG amid mounting anger over the stricken insurance group's use of federal bail-out funds
Financial Times

Obama tries to stop AIG bonuses
U.S. President Obama said he will attempt to block bonuses to executives at ailing insurance giant AIG, payments he described as an 'outrage.'
CNN

GM to cut prices to lure back US buyers
General Motors is preparing a fresh barrage of discounts and other promotions to coax Americans into buying more cars after an upcoming US government decision on further financial aid to the Detroit motor industry
FT

Angry Obama Slams AIG Bonus Outrage
Barack Obama has hit out at the "outrage" of executives at struggling insurance giant AIG receiving millions of dollars in bonuses. In an angry statement, Mr Obama said the company's financial probl...
Big News Network

California gets $1.02B of AIG bailout
California municipalities received $1.02 billion of the $85 billion emergency federal loan of taxpayer dollars to american International Group Inc. as part of the federal bailout of the insurance giant, AIG disclosed. (AIG)
Biz Journal

Official: Mitsubishi iMiev EV goes into production
2 in 1 High Performance Digital Tire Pressure GaugeBy ESUN Buy new: $29.99$14.99 Customer Rating: First tagged 'automotive' by Edward Ho Customer tags: tire pressure gauges(2), tire gauge(2), automotive, tire gauges, car, digital tire pressure gauges, digital tire gauge
Autospies.com

Ford cuts output at European plants
The Detroit carmaker is cutting production at its plant in Spain and extending a shorter work week in Germany in response to the 'unprecedented decline' in demand for new cars on the continent
FT

Obama: AIG bonuses ‘an outrage`
U.S. President vows to pursue ‘every legal avenue' to stop payouts at insurance giant that got $170-billion bailout
The Globe and Mail

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