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a123 Bankruptcy

China's Strategic Next Step: Buying Critical US Taxpayer Funded Technology

Mark Pfeifle | Posted 03.19.2013 | Politics
Mark Pfeifle

Unless the Obama administration intervenes, the U.S. may soon have to depend on one of China's wealthiest and most politically-connected Communist party leaders for access to taxpayer-funded technology that will power the next generation of satellites and military vehicles.

Just Say No to Chinese Acquisitions of American Assets

Peter Navarro | Posted 02.11.2013 | Business
Peter Navarro

China's recent acquisition of Michigan battery maker A123 represents yet another step in Beijing's well-orchestrated strategy to surpass the U.S. as both an economic and military power.

Battery Maker Seeks Bankruptcy Court Approval Of Asset Sale

AP | RANDALL CHASE | Posted 02.10.2013 | Green

WILMINGTON, Del. (AP) — A Delaware bankruptcy judge on Tuesday approved the sale of most of the assets of failed battery maker A123 Systems Inc. to ...

U.S.-Backed Company Could Now Be Backed By China

Reuters | Posted 02.07.2013 | Business

* Wanxiang offers about $260 mln for A123 * Wanxiang beats Johnson Controls/NEC Corp joint bid * Chinese companies have ...

Obama Administration Gave Company $1 Million On DAY It Filed For Bankruptcy

Reuters | Posted 01.16.2013 | Business

WASHINGTON, Nov 16 (Reuters) - The Obama administration provided struggling battery maker A123 Systems Inc with nearly $1 million on the day it fil...

Tom Zeller Jr.

Obama's Green Stimulus Under Scrutiny After Battery Maker Bankruptcy

HuffingtonPost.com | Tom Zeller Jr. | Posted 10.16.2012 | Green

With the second presidential debate just hours away, a bankruptcy announced Tuesday by a company that received federal stimulus funding under Presiden...

Obama-Backed Battery Maker Flops

AP | TOM KRISHER | Posted 12.16.2012 | Small Business

DETROIT — Short of cash and hurting from weak sales of electric cars, battery maker A123 Systems Inc. filed for bankruptcy protection on Tuesday...

Jennifer Bendery

Pete Hoekstra Hits Debbie Stabenow For Seeking Same Stimulus Money He Sought

HuffingtonPost.com | Jennifer Bendery | Posted 10.16.2012 | Politics

WASHINGTON -- You know it's the height of election season when one candidate is criticizing the other for doing the exact same thing that he or she di...

Solyndra All Over Again?

Reuters | Posted 10.16.2012 | Business

* A123 had received $249 million grant from U.S. government * Romney gets another reason to blast green energy subsidies * A123 to sell automoti...