Health

Michigan Li-ion factory breaks ground

President Obama helped break ground on a new lithium-ion battery cell plant in Holland, Mich. The plant will manufacture cells for electric vehicles like the Chevrolet Volt.
In August 2009, the White House set aside $2.4 billion in stimulus spending aimed at encouraging development of new battery and electric-vehicle technology. The Michigan plant is the ninth of nine new factories to start construction and is a direct result of grants from that fund.  -Read more-

Former GM CEO to consult for nearly $3,000 an hour

Ex-GM CEO Henderson (left) and current CEO WhitacreEx-GM CEO Henderson (left) and current CEO WhitacreFritz Henderson, the ousted GM CEO who steered the failing automaker out of bankruptcy until he couldn’t close deals to sell Saturn and Saab, among other things, has been hired as a 20-hour per month consultant to new CEO Ed Whitacre for a