Monday, May 2, 2011

Obama: Hope



Chrysler turns first profit since bankruptcy

Chrysler has turned its first profit since leaving bankruptcy two years ago. The company reported first-quarter net income of $116 million and revenue of $13.1 billion on Monday. The profit is a milestone in Chrysler's long road back to health after its 2009 bankruptcy. It last reported a net profit in 2006.

Chrysler's return to profitability is also another chapter in the comeback of the Detroit Three automakers. General Motors Co., which also went into bankruptcy in 2009 and took government loans, has reported a string of profitable quarters and held an initial public offering in November. Ford Motor Co., which didn't take bailout money but nearly had to file for bankruptcy five years ago, reported its eighth consecutive quarterly profit last week.

Comeback of the Auto Industry



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U.S. helps homeowners get loans to improve energy efficiency

Many U.S. homeowners are now eligible for up to $25,000 in federally insured loans to make energy-efficient upgrades such as adding insulation, sealing ducts or replacing windows.Consumers with good credit scores, manageable debt and some equity in their homes can get PowerSaver loans at or below market rates to finance efficiency measures that also include new HVAC systems, water heaters, solar panels and geothermal heating/cooling.
 “We’re making it easier for American to save money by saving energy,” said Energy Secretary Steven Chu, noting they spend an average of $2,000 each year on utility bills.

Help Wanted: 24 Clean Energy Firms Hiring Employees in New England

It’s rough out there.  We all know that job creation isn’t as vibrant as it would be if we had more consistent and sensible federal energy policies. But that doesn’t mean that New England clean energy companies aren’t hiring.  From Advanced Electron Beams to Ze-gen, clean energy employers are looking for talented people. Whether it’s solar or wind, efficiency or batteries, biofuels or insulation, you don’t have to look far to find “help wanted” signs in the shop windows.

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