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President Obama proposes innovation institutes to target high-tech manufacturing

As it becomes clearer that the economy of the future is not so much a post-industrial economy as a high-tech manufacturing economy, US manufacturers have added about 500,000 jobs over the past three years. In order to “build on this momentum with a comprehensive agenda to invest in American manufacturing,” the Obama Administration has announced… Read more »

Elon Musk’s newest idea: travel from LA to San Francisco in 30 minutes with Hyperloop

He hasn’t mentioned what technology it would use, who would build it or how it would be financed – and the word “Jetsons” was used in describing it. Coming from anyone else, it would sound crazy. But if the man who revolutionized online commerce, put a private vehicle into space, and built an electric car… Read more »

Obama agrees to investigation of DoE loans

The Obama administration has agreed to a complete third-party review of all the Department of Energy loans that have recently kept the electric teapot on the boil. Of course, the star of the show will be the half billion bucks that swirled with stinky solar startup Solyndra. Also under the mediascope will be loans to… Read more »