The so-called underemployment rate — which includes part- time workers who’d prefer a full-time position and people who want work but have given up looking — rose to 16.8 percent from 16.5 percent.

GM vice-chairman Bob Lutz told the BBC at the Geneva Motor show: “This is a case where, yes, we would blame a partially Toyota-owned supplier.”

The Washington-based company posted a $15.2 billion fourth-quarter loss and said it asked the U.S. Treasury for another $15.3 billion to stay afloat, bringing its total bailout tab past $76 billion.

The collapse of the deal represents another setback for GM, which had been working to shed unprofitable brands and focus on its four core brands – Chevrolet, Cadillac, Buick and GMC – after emerging from bankruptcy in July.

Consumer confidence fell sharply in February as Americans turned more pessimistic about job prospects and the U.S. economy, the Conference Board reported.

This is where the power part comes in. Consumers will pay for power. If Google combines its services — for free — with competitively priced electricity, consumers will likely lose that reticence. It will be a better combination than what their utility can provide.

Overall, it was not a good Thursday report for the Marxist-in-Chief. Remember, the concept is to lie repeatedly until people stop doubting the lie.

The Soros fund also held 11,000 call options that would allow it to buy further shares. Soros Fund Management became the fourth-largest institutional holder of the SPDR Gold Trust, surpassed by hedge-fund manager John Paulson’s Paulson & Co

The ringtone “Nokia tune” is based on a 19th century guitar work named “Gran Vals” by Spanish musician Francisco Tarrega. Initially, the ringtone was named after the original composition, but was renamed to “Nokia Tune” around 1998.

General Motors Europe on Tuesday finally announced the details of its plan to restructure German car-maker Opel. In addition to thousands of job cuts, GM wants 2.7 billion euros from European governments.

The latest recall refers to third-generation Prius models built before 27 January 2010. There have been complaints in Japan and the US that the brakes momentarily fail when driven on rough or slippery road surfaces.

Fear the Boom and Bust cycle rap between F.A. Hayek and John Maynard Keynes. The theory is fast and furious.

For the average person to be employed in the future, there will need to be a dramatic reduction in wages. We are not competitive with the world.

The differences were partly down to one-off hits. Citi, for instance, had to swallow $6.2 billion in after-tax charges related to repayment of its federal bail-out funds. Behind the noise, however, some trends are emerging.

After all, how many Marxists favoring CEO are there out there? That many? Wow. Guess either I am really naïve or they will sell their souls to the highest bidder is fact not fiction.