Word: multibillion
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...February, President Barack Obama told the crowd at a Henderson, Nev., high school that not so long ago, the U.S. made barely 2% of the advanced batteries used in the world's electric vehicles. Now, thanks to a multibillion-dollar federal investment, American companies are positioned to increase production tenfold - and potentially control 40% of the global lithium-ion-battery market by 2015. "We've created an entire new industry," Obama said...
A123 Systems is a window on how the government's multibillion-dollar electric-vehicle gambit is working. The company was founded at MIT in 2001 with a $100,000 Department of Energy grant. One of its early products was lithium-ion batteries for power-tool maker Black & Decker. Last year, A123 Systems got a $249 million federal grant to open at least three lithium-ion-battery plants in Michigan that will employ hundreds of workers. Michigan is home to or close to many of the plants where electric vehicles are being made, of course, and the state has a surplus...
...letters on the front of the box spelling out fashion. It wasn't always this way. A couple of decades ago, children's clothing mostly came in primary colors and princesses were confined to the occasional film or Halloween costume. But as marketing to children has burgeoned into a multibillion-dollar industry, and our consumerist ethos has saddled kids with mountains of stuff, the gender divide has grown wider...
...needed to combat deepening unemployment. But behind the scenes, the call for more job-creating ideas had already gone out to the PERAB. In response, Doerr asked a young San Francisco entrepreneur, Matt Golden, to begin working with a Massachusetts-based energy-efficiency specialist, Stephen Cowell, on a multibillion-dollar plan under which Washington would offer tax breaks for all kinds of consumer purchases and home improvements that reduce energy use. By November, Doerr made his Roosevelt Room presentation, and before long, the Home Star plan was on the President's desk. Doerr sees Home Star as the next step...
...many Florida political experts, Crist should emphasize a gubernatorial record that's more Republican-friendly than his foes admit. "Crist did preside over one of the largest tax reductions in Florida history," says Sean Foreman, a political scientist at Barry University in Miami, referring to Crist's multibillion-dollar property-tax cuts. "He needs to define Rubio, but he also needs to define himself better, especially his experience vs. Rubio's lack of it. If he does that, I still think Crist hasn't lost this...