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Consumer Corner: Foreclosure settlement no magic bullet for economy

DETROIT, Aug. 9 (UPI) -- General Motors says it plans to develop lithium-ion battery cells with A123Systems to power GM hybrid electric drive vehicles.
Vice Chairman Bob Lutz told the Detroit Free Press GM hopes to have the hybrid Chevrolet Volt on the market by late 2010 and the first full lithium-ion battery pack ready for testing by the end of this year.
Toyota announced earlier on Thursday that it was delaying its next-generation hybrids, which also call for lithium-ion batteries, because of safety concerns.
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SYDNEY, Feb. 13 (UPI) --
Researchers in Australia are developing a solar roof system that uses wasted energy to warm air and water.
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SAN DIEGO, Feb. 13 (UPI) --
Northrop Grumman reports it will work on the second phase of the U.S. Navy project to deploy new tactical computing network systems aboard ships.
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Local markets will probably not be swamped by waves of foreclosures following the multi-state mortgage settlement announced yesterday. Rather, the huge inventory of one to two million foreclosures will enter markets gradually....
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Investors will not have the distraction of financial reports to look forward to this week. They will have to look at the spot news headlines instead.
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