Solar-cell manufacturer Solyndra, one of the first green-tech companies to win a loan guarantee from the Obama administration in 2009, announced Wednesday that it will cease operations, lay off its 1,000-plus employees and file for bankruptcy. (more)
A $26 billion aid package was passed by the Senate on Thursday that aims to ensure that school districts and states do not have to can tens of thousands of teachers and government workers. Just two Republicans crossed the ideological aisle to support the bill, which now heads to the House.
Across Europe and even in the U.S., a new wave of direct action to “rebuild the economy from the ground up” is rising. Some workers are responding to layoffs and workplace shutdowns by ousting their bosses and seeking to run things their own way. Naomi Klein and Avi Lewis report on the state of worker-control movements today in light of the current economic crisis.