By Michael Corcoran

Massachusetts Governor Deval Patrick has issued a challenge to businesses: reduce their greenhouse gas emissions by 10 percent over the next three years.  And a prominent group of Massachusetts businesses said they will accept his challenge.
The Governor’s Clean Energy Challenge, developed by the New England Clean Energy Council and the Massachusetts High Technology Council in [...]

By Michael Corcoran

Last week, Blast News reported that  some of Obama’s early advisers may prove disappointing for many who voted for him based on his plans for change.
Indeed, it appears the criticism may be starting to accumulate. Dean Baker, one of the few economists who predicted the housing bubble, wrote the following for The UK Guardian.
Those [...]

By Michael Corcoran

The U.S. Department of Justice released the following:
Three leading electronics manufacturers – LG Display Co. Ltd., Sharp Corp. and Chunghwa Picture Tubes Ltd. –have agreed to plead guilty and pay a total of $585 million in criminal fines for their roles in conspiracies to fix prices in the sale of liquid crystal display (LCD) panels, [...]

By Travis Bradberry

It seems there’s always a steady supply of sympathy available for anyone stuck working under a bad boss. Most everyone I know has been there at one time or another, working under a tyrant who somehow manages to survive in this world without people skills. If you haven’t had a boss like this, you should consider buying a lottery ticket–and I mean soon. You are that lucky. [...]

By Blast Magazine Newsroom

As the government prepares an economic bailout that could cust as much as $700 billion, one group calculates that American taxpayers and families will be left with the tab — despite what both candidates are saying about lowering taxes.
WashingtonWatch.com says American taxpayers could be hit with $2,000 and families with $6,500 in extra costs from the [...]

By Blast Magazine Newsroom

While the rest of the economy may be in the tank, Adobe’s earnings beat expectations.
Tuesday, Adobe said it earned 50 cents per share in its fiscal third quarter, which ended August 29. That beat Wall Street’s expectations of 46 cents per share and its own estimates of 39 to 41 cents per share.
Revenue climbed 4 [...]

By Blast Magazine Newsroom

The following is a statement released by the Federal Reserve Tuesday regarding American International Group Inc:
The Federal Reserve Board on Tuesday, with the full support of the Treasury Department, authorized the Federal Reserve Bank of New York to lend up to $85 billion to the American International Group (AIG) under Section 13(3) of the Federal [...]

By Blast Magazine Newsroom

The Federal Reserve admitted strains to the markets have “increased significantly” but it kept the federal funds rate unchanged at 2 percent.
In a statement, the Fed said “strains in financial markets have increased significantly and labor markets have weakened further.”
Read more.

By MJ Paradiso

Here are a couple of quick trends in the auto industry over the past few months:
Ford: Not Asking, but Doing
Ford is a classic name in cars. But in an age when most people want new cars, ‘classic’ is not a good association. Ford released an advertising campaign aimed at showcasing the ‘new’ Ford, with greater [...]

By Terri Schwartz
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Microsoft wants to prove that the Xbox 360 can last. In doing so, it is, intentionally or unintentionally, revolutionizing the console system. Starting this fall, the 360 is no longer just a machine for gaming. It is an entertainment system.

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