Business Weekly Roundup

by Erik on June 13, 2009

in Economy,Green Tech,Weekly Roundup

Picture 4Dow turns positive for ’09 – Wall Street ends a mixed week little changed, but investors manage to push the blue-chip average into the plus column for the year. [Via CNN Money]

Europe Lags as U.S. Economy Shows Signs of Recovery — There was more evidence Thursday that the United States economy might be stabilizing, if not rebounding, even as economic reports in Europe remained gloomy. [Via NY Times]

World Bank sees steeper global economy contraction – The global economy will contract in 2009 much more sharply than thought three months ago, underscoring the need to mobilize resources to help poor nations, World Bank President Robert Zoellick said on Thursday. [Via Reuters]

Clean Energy Creates Jobs, Improves Economic Growth – The Pew Charitable Trust released a report on June 10, noting that jobs in the clean energy sector have generated significantly more jobs than the overall economy. And in an unrelated report, released June 9, “Energy Pathways for the California Economy,” (PDF) compiled by the Department of Agricultural and Resource Economics at the University of California, Berkeley presents similar findings. [Via Reuters]

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