Fukushima operator pumps out toxic groundwater

The operator of the crippled Japanese Fukushima Daiichi nuclear plant has started pumping out radioactive groundwater to reduce leakage into the Pacific ocean.

Is the Greek haircut a snip too far for investors?

Research from the University of Reading suggests that the recent bail-out for Greece could lead to decades of legal actions as disgruntled investors sue for compensation.

Bailed-out banks issued riskier loans

Banks that received federal bailout money ended up approving riskier loans and shifting capital toward risky investments after getting government help, say University of Michigan researchers.

Apple has more cash than Uncle Sam

LOS ANGELES - Apple Inc. may not have more money than God. But it's got more cash than Uncle Sam.

Are corporate bailouts effective?

(PhysOrg.com) -- Do corporate bailouts actually work? According to a recent study, some bailouts work better than others, depending on the conditions surrounding them.

Stock ownership US Congress influenced voting on bailout

(PhysOrg.com) -- Personal investments in the stock of financial institutions by members of the House of Representatives and the Senate of the Unites States was positively associated with these institutions receiving bailout ...

Obama announces $2.4 bln grant for electric vehicles

President Barack Obama Wednesday unveiled a 2.4-billion-dollar funding boost for the development of new generation electric vehicles and slammed critics of his economic rescue plans.

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Bailout

In economics, a bailout is an act of loaning or giving capital to an entity (a company, a country, or an individual) that is in danger of failing, in an attempt to save it from bankruptcy, insolvency, or total liquidation and ruin; or to allow a failing entity to fail gracefully without spreading contagion.

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