10/16/2012 - 5:13pm

Battery maker A123 declared Chapter 11 bankruptcy Tuesday, announcing it would sell off it's assets.

A123 received more than $250 million in state and federal funding to help it run its operations providing batteries for electric cars and other products. But it has also faced many problems, including defective products.

A123 today said Johnson Controls (JSI) will help finance the filing by buying A123's automotive business assets for $125 million. As part of the transaction, A123 will receive $72.5 million from Johnson Controls to continue operating during the process.

A123 is not the first government-funded alternative energy company to file for bankruptcy. Ener1, another battery company, filed for Chapter 11 in January. At that time, it cited slower demand for its products due to lower-than-expcted adoption of electric vehicles. And energy-storage company Beacon Power and solar power manufacturer Solyndra filed for bankruptcy last year.

10/16/2012 - 3:20pm

Was Joe Biden a college football player? He seems to thinks so, but that's apparently not what the record shows.

Truth is Biden never played for University of Deleware football. All them Biden college football stories were just Biden folklore made up by Biden.

10/16/2012 - 12:57pm

Hillary covers for Obama. Doesn't she make him look bad and herself look like a standup guy - even while taking precious little responsibility for what happened in Benghazi?

The president and the vice president wouldn't be knowledgeable about specific decisions that are made by security professionals... They're the ones who weigh all of the threats and the risks and the needs."

10/16/2012 - 7:58am

The president may turn the race around with the illegal immigrant vote, don't you think?

10/16/2012 - 6:55am

How 'bout this? Liberal media guy Chuck Todd says there's been a structural shift towards Mitt Romney. Which is obvious, but it's fun to hear him say it.

We're no longer in this 'it's even but the president has these advantages.' The 'but the president has these advantages in the battleground states' is, I think, gone.

10/16/2012 - 4:16am

He grew up in a socialist country, migrated to the US and became a billionaire, and now Thomas Peterffy is spending millions of his own dollars to run TV commercials against the American socialists.

Peterffy told CNN he expects to spend $5-$10 million on the ad buy, depending on its effectiveness. The spot will run on CNN, CNBC, Bloomberg, and test markets in Ohio, Wisconsin, and possibly Florida.

The one-minute spot, which began airing Wednesday and will continue through Election Day, has no mention of any specific politician or lawmaker. It's simply a plea for an end to what he sees as growing hostility to personal success - and to vote Republican.

"America's wealth comes from the efforts of people striving for success. Take away their incentive with badmouthing success and you take away the wealth that helps us take care of the needy," he says in the commercial.

10/16/2012 - 2:07am

Dick Morris says Republicans need to raise their expectations - it just could be 2010 all over again.

Now it's time for the Republican Party to not just focus on Florida, Ohio, Virginia, Nevada ... go to the next tier of states... Pennsylvania, Wisconsin, Michigan, Minnesota, and maybe even New Jersey.

10/15/2012 - 8:05pm

The vice president hurt the Obama ticket with women argues Bay Buchanan, who says she hasn't talked to a woman who didn't find his rudeness upsetting.

There's nothing that is more upsetting to us than to see a man just constantly interrupt and be offensive and boorish in his behavior and have no respect for someone who's trying to have a legitimate debate...

10/15/2012 - 12:54pm

Joe Biden won on the issues during the VP debate last week says Frank Luntz. But all of his focus groups undecided voters were disturbed by the vice president's behavior.

Joe Biden did well on the substance... he could have gained points, but not a single person in any session switched... he was passionate, but he went too far.

10/15/2012 - 4:39am

Alex Castellanos explains the difference between the candidates on dealing with the economy in terms of a burning house.

The Obama strategy seems to be, rich people are in a nicer room than poor people, Hispanics are not in as nice a room as Anglos... and you back up and the house is burning down... Romney has a plan for growth, Democrats have a plan to redistribute what we already have, that's not enough...

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