obama

U.S. government-backed battery supplier Ener1 has filed for Chapter 11 bankruptcy, the third U.S.-backed energy company to file in as many months.

Ener1 posted a notice today stating that it "has reached agreement with its primary investors and lenders on a restructuring plan that will significantly reduce its debt." This action will pave the way for up to $81 million for recapitalization, the company said.

A "pre-packaged" Chapter 11 case was filed in U.S. Bankruptcy Court in the Southern District of New York. Ener1 is planning to complete the restructuring process within … Read more

McDonald's posted impressive quarterly earnings two days ago, but a scoop from the UK Sun newspaper today exposes the astonishing truth behind McDonald's Chicken McNuggets: you shouldn't eat them everyday for 15 years straight.

The show title today is ripped from a quote from the mother of 17-year-old UK factory worker Stacey Irvine, who's eaten nothing but McDonald's Chicken McNuggets since she was 2 years old. Shockingly, doctors maintain that her diet may have been a factor in her sudden anemia and swollen tongue veins that caused her to collapse yesterday.

Speaking of things getting ripped off, we'll also talk about the Australian Transport Minister that just got caught copying Michael Douglas' speech from the movie "The American President," and the NFL installing computers on the sidelines of the Pro Bowl for players to tweet fans during the game!… Read more

John Doerr has been called the "world's wealthiest and most well-connected venture capitalist" by Forbes. The Kleiner Perkins Caufield & Byers partner has been an early-stage investor in some of the best-known companies in the tech industry, including Google, Amazon, Sun, and Zynga, and he has 109,000 Twitter followers.

I'm a fairly prolific professional journalist writing for a national publication and covering a wide range of topics from startups to Lego to aviation to NASA and more. I have 6,250 followers on Twitter.

I'm happy with my place in life and how my … Read more

President Obama paid a visit to Intel's Chandler, Ariz., chip plant today, praising the chipmaker for keeping high-tech manufacturing jobs in the U.S.

Here are some excerpts from his remarks. The event was streamed live at whitehouse.gov.

An America that makes more: "I'm here because the factory being built behind me is an example of an America that is within our reach. An America that attracts that next generation of good manufacturing jobs. An America where we make stuff and sell stuff all over the world...We can't go back to a economy weakened … Read more

Want a piece of U.S. presidential history?

Well, a cool $1 million will get you this 2005 Chrysler 300C, once owned by President Barack Obama. The vehicle has been put up for auction by an anonymous owner, who has chosen to sell it through a respected eBay broker, referred to in the eBay description merely as "Lisa."

The 5.7-liter V8-powered luxury sedan was owned by the president when he was a senator. The 300C only has 20,800 miles on its odometer.

According to eBay, a deposit of U.S. $2,000 is due within 24 … Read more

Jeff almost didn't make it out of court this morning to be on the show, but he squirms out of Lady Justice's grasp just in time to join us, maybe with a few minutes in between to update his Facebook.

We'll talk today about Facebook's Timeline feature coming to a profile near you (whether you like it or not), last night's tech-heavy State of the Union Address, and who's responsible for the state of John Kerry's face.

Obama's made lots of promises in his speech this year, not the least of which is a pledge to give more technology training to Americans looking to expand their workforce skills.

He also mentioned an end to digital piracy and will host a Google+ video hangout on January 30 with questions accepted through the White House YouTube channel.… Read more

Apple earnings reach record highs, Xbox rumors ramp up, and Obama tackles energy and tech industry concerns in his State of the Union address.

Links from Wednesday's episode of Loaded:

Despite the spectacular collapse of solar panel maker Solyndra, which declared bankruptcy after receiving more than half a billion dollars from the Obama administration, President Obama said this evening that he doesn't want to give up on government-backed alternative energy projects.

The president used the opportunity of his State of the Union address to say it's time to "double down" on the concept but pointedly avoided mentioning Solyndra by name.

"The payoffs on these public investments don't always come right away," Obama said. "Some technologies don't pan out--some companies fail. But … Read more

The wife of late Apple co-founder Steve Jobs and the co-founder of Instagram are among the notable guests for tonight's State of the Union address by President Obama.

The presence of Laurene Powell Jobs and Instagram co-founder Mike Krieger signals that at least a part of the State of the Union will focus on technology, which President Obama has long argued can help improve the country's fortunes.

Releasing the guest list for the State of the Union address has increasingly become a way for the White House to call attention to an issue or initiative, using an individual … Read more