General Electric (GE) has announced that it is planning to cut up to 6,500 jobs in Europe and in those energy units it acquired from France’s Alstom last year. “The restructuring plan will touch several European countries and impact potentially 6,500 jobs out of 35,000,” a GE spokesman told AFP on Wednesday, confirming an earlier report in the L’Est Republicain newspaper. According... 

Monsanto, Bill Gates, the Rockefellers, Craig Venter and other investors are working behind-the-scenes to bring genetically engineered (GE) algae to market with products that include fuel, animal feed made with manure, human food and vaccines. The US government have a stake in this enterprise, too. Obama put a moratorium on drilling for oil on federal land and voted down the Keystone pipeline, in... 

The future of lighting? The 'greener' 100-watt-equivalent LED bulbs are due to go on sale next year but are expensive. Although it sounds bad to pay as much as $50 for a light bulb, considering the fact that these LED light bulbs have an average life span of 25,000 hours (22 years) the price isn’t bad at all and if these bulbs would indeed last that long, this could really mean a technological... 

China: Closing for Business? Western companies are finding themselves shut out as Beijing promotes homegrown rivals. Not so long ago in China, Western business executives traveling to the provinces could expect a hearty welcome and a banquet with endless toasts of maotai liquor. In February, however, representatives of General Electric (GE) and a dozen other U.S. companies got a taste of the way commercial...