Business

GM's offer to UAW would add lower-paying jobs

A General Motors offer to invest $7 billion in U.S. facilities includes $2 billion from joint ventures and suppliers for new plants that would pay workers less than the top union wage, a person briefed on the matter said.

Energy & Green Tech

Study: Even short-lived solar panels can be economically viable

A new study shows that, contrary to widespread belief within the solar power industry, new kinds of solar cells and panels don't necessarily have to last for 25 to 30 years in order to be economically viable in today's market.

Energy & Green Tech

Interest rates are a decisive factor for competitive renewables

Renewable energy has become competitive—and one often-overlooked reason is the reduced cost of financing. Researchers from ETH Zurich and the Potsdam Institute for Climate Impact Research (PIK) have modeled different scenarios ...

Energy & Green Tech

How to have an all-renewable electric grid

The main solution to climate change is well known—stop burning fossil fuels. How to do this is more complicated, but as a scholar who does energy modeling, I and others see the outlines of a post-fossil-fuel future: We ...

Internet

Why Facebook's new 'privacy cop' is doomed to fail

The Federal Trade Commission issued its largest-ever fine, of US$5 billion, to Facebook for violating a 2011 privacy settlement in late July. But the amount is only about a month's worth of the company's revenue, suggesting ...

Business

Iceland tops Europe as most expensive

The hot springs of Iceland are not the only thing making tourists sweat, as a look at the hotel or lunch bill will tell you that most things cost more, sometimes much more, than anywhere else in Europe.

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