Green Power Takes Root in the Chinese Desert
DUNHUANG, China - As the United States takes its first steps toward mandating that power companies generate more electricity from renewable sources, China already has a similar requirement and is investing billions to remake itself into a green energy superpower.
Madoff Is Sentenced to 150 Years for Ponzi Scheme
For one brief moment on Monday morning, Bernard L. Madoff stood up in a federal courtroom in Manhattan and turned to face the people who lost their life savings to his huge Ponzi scheme. "I'm sorry," he told them. "I know that doesn't help you."
Google Makes a Case That It Isn't So Big
SAN FRANCISCO - Google handles roughly two-thirds of all Internet searches. It owns the largest online video site, YouTube, which is more than 10 times more popular than its nearest competitor. And last year, Google sold nearly $22 billion in advertising, more than any media company in the world.
Fed Board Maintains the Status Quo
WASHINGTON - Facing an economy that is perking up slightly but still deep in recession, the Federal Reserve left its rescue policies unchanged on Wednesday and said that it would keep interest rates low for "an extended period."
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