The fiscal calamity in California moved closer to the brink of total collapse this week, as the state —which has yet to pass a budget for the fiscal year that began July 1—printed up nearly $600-million worth of IOUs. Unless Gov. Arnold Schwarzenegger manages to miraculously find a way to close a mammoth $24-billion budget gap during the holiday weekend, the first wave of 30,000 promissory notes will start ...

An algae-to-fuel pilot facility will be developed in Freeport, TX, with funding from the U.S. Department of Energy. ...

The ongoing economic downturn is putting every state to the test, intensifying the competition for a dwindling number of new projects and development initiatives. Our annual look at the top-ranked localities reveals those that are thriving as well as surviving. ...

Governor Edward Rendell is using creative initiatives and incentives to attract green energy companies and clean up brownfields, increasing investment and new jobs. ...

From the hustle and bustle of New York City to the rich and diverse regions that span the state, New York is an attractive location for new and emerging businesses. ...

Metro Spotlight ...

MASCOMA OPENING HEADQUARTERS Mascoma Corporation is moving the company’s corporate headquarters from Boston into a new research laboratory and office building in Lebanon, NH. Construction of the new building will be completed in August, with occupancy by September. The producer of low carbon, advanced biofuels was founded in 2006 in nearby Hanover, NH by two Dartmouth College professors, Drs. Lee Lynd and C ...

An industry that innovates oftentimes accelerates change. Aerospace may soar steadily, but can it help get the economy off the ground? ...

BERRY PLASTICS INVESTS $150 MILLION IN EVANSVILLE FACILITY Berry Plastics Corporation has announced plans to expand its Evansville, IN operations, creating 360 new jobs by 2015. The plastics packaging company, which employs more than 1,200 people in Evansville and more than 13,500 worldwide, will invest $150 million to expand its thermoform operations and build an additional facility to their existing campu ...

During a credit squeeze, joint ventures can be a viable means of bringing new capital investments to fruition, provided the site-selection process is well managed. ...