Business

10:01pm

Wed January 18, 2012
Crisis In The Housing Market

Silicon Valley Homebuilder Finds A Profitable Niche

James Witt stands next to the foundation of a house he is building in Palo Alto. Witt has built a successful business by tearing down and rebuilding houses in Silicon Valley. His business has survived four recessions, including the most recent one.
Cindy Carpien NPR

The U.S. housing market may be singing the blues, but there are pockets where home sales are rising. James Witt, a homebuilder in California's Silicon Valley is surviving and thriving thanks to his luck, location, and knowledge of the local market.

Witt is a tall lanky man whose graying long hair suggests an actor in a Western movie. He's standing on his 3-acre property in Palo Alto, which includes an updated old farmhouse and a yard with a pair of donkeys. One, named Perry, has an interesting pedigree.

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10:01pm

Wed January 18, 2012
Energy

Cheap Chinese Panels Spark Solar Power Trade War

Originally published on Thu January 19, 2012 8:36 am

Contractors with SunEdison install more than 1,000 Chinese-made solar panels on top of a Kohl's Department Store in Hamilton Township, N.J., in 2010. Energy generated by the solar system will cut the store's usage, on average, by 25 to 30 percent.
Robert Nickelsberg Getty Images

There's a solar trade war going on inside the U.S., sparked by an invasion of inexpensive imports from China.

The U.S. solar industry is divided over these imports: Panel-makers say their business is suffering and want a tariff slapped on the imports. But other parts of the industry say these cheap panels are driving a solar boom in the U.S.

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1:05pm

Wed January 18, 2012
Business

Average Age Of American Auto Hits All TIme High

The avearage age of a US car hit an all time high in 2011.
Alex92287 Flickr Creative Commons

The average age of vehicles hit a record high in 2011 of 10.8 years.  The fact that cars and trucks are getting older sounds like bad news for the state’s new auto sales.  However, Tim Jackson, President of the Colorado Automobile Dealers Association says dealers are selling more cars even as the age of the average car grows. 

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10:02am

Wed January 18, 2012
Business

Net Goes █████████ In Protest Today

Screencap of how en.wikipedia.org appears today (01/18/2012) during the internet protest of SOPA/PIPA
en.wikipedia.org

People attempting to access Wikipedia across Colorado and the US Wednesday morning were met with a dark screen. What gives? The massive user edited online encyclopedia has blocked US users from creating and reading its entries to protest the controversial SOPA/PIPA anti-piracy bills.

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8:11am

Wed January 18, 2012
Around the Nation

FBI Arrests 3 In Insider Trading Case

FBI agents arrested three hedge fund executives early Wednesday in connection with a massive ongoing insider trading investigation that has involved some of Wall Street's most prominent money managers.

Todd Newman, who formerly oversaw technology investments at Diamondback Capital Management, was arrested at about 6 a.m. in the Boston suburb of Needham on charges "related to stock fraud," according to a spokesman for the FBI's Boston office.

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