Page 10 - Battery Maker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> brian: great interview, you'll be joining me on radio. real quick, on what we were saying before and the problems with xm sirius, if you're upset that fox could be going away, tweet at sirius xm or go to their web site, www.siriusxm.com. see you tomorrow. bill: all right. good morning, everybody. new details just into fox news from the ntsb and this investigation into issues with one of the largest commercial planes you will find anywhere. the focus on the battery maker used in boeing's dreamliner jets. this is big story. we've been watching it for some time. now we have a little bit more d...

Vice president, nicholas majero, as his successor. >> if that's the answer to your medical problem -- >> going to cuba. >> -- oh, my lord. >> single-payer advocates on a roll today. "the boston globe," china's largest auto manufacturer has the winning bid for a a123, a brumt battery maker based in the u.s. the company received $133 million in federal stimulus grngrnt grants before going under. republicans called the case a textbook example of wasted stimulus money. "usa today," controversy surrounding the korean pop sensation psy. he performed last night at the christmas in washington conc...

Maker and makes the batteries that was going into the car. it was a wild success first and value of the company went straight up. they are not selling electric cars and so the chinese bail them out and take them over. >> steve: chinese have a good nose for business. we have a lot of money we'll put it in there. especially with thents. >> that's the point, chin heaven get the patents that the battery maker come up with. and the chinese got it probably very cheap. obama administration borrowed money from china and took that mon nethe stimulus plan and now the chinese buy it back dirt cheap. >> b...

Now, we'll build a third line probably late this year. >> reporter: fast forward a year and a half now the company is bankrupt. it issued a statement reading in part, aggressive pricing actions from sign he's solar panel companies have made it very difficult for early stage start up companies like abound to scale in current market conditions. it says it supports enforcement of free trade with china but admits any such action is too late to help that company. bill: this company joins a growing list of companies that took these loan guarantees and for many of them it did not workout very well, d...

America. it received a 18.5 stimulus grant it's bankrupt. a battery maker received stimulus and laid off workers at its michigan plant. the electric vehicle manufacturer received $529 million in stimulus loans, announced layoffs of 26 people from its delaware factory. they say it's temporary and it's being a prudent company at this point. bill: thank you, doug. patti ann: it was already the most devastating wildfire in colorado history and now this raging inferno has turned deadly, and it's nowhere near being under control. bill: also back on healthcare, what does the ruling do to your bottom ...