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Peter O'Dowd

  • One of the main solar companies in the United States, First Solar, is in trouble. Its CEO was forced out in October and its stock prices have fallen dramatically. Thursday the Arizona-based company announces its earnings and investors are going be demanding answers. From member station KJZZ in Phoenix, Peter O'Dowd report.
  • One strip mall in Phoenix was foreclosed on in March, but things have turned around quickly since then. Although it was a big commitment for smaller store owners to move in without the critical large anchor store the complex needed, things are paying off after a gym and popular restaurant came in.
  • Analysts say manufacturer First Solar needs federal support to keep its competitive edge and to drive down the cost to produce solar panels, a key factor to industry success. But the kind of federal loan guarantees given to failed energy company Solyndra are increasingly unpopular in Washington.
  • Downtown Phoenix is full of dirt lots. At the peak of the real estate bubble, an acre was selling for about $90 a square foot. Investors and developers thought the city was finally about to grow up. Now, the same land sells for $9 a square foot.