hang seng 0 hang seng 209. mattel, goldman sachs and johnson & johnson all turned in better than expected reports. ibm beat earnings, but missed sales forecasts which could take a toll on the dow today. intel also weighed in with lackluster profit thanks to declining nademand for pcs. michael corbat held his first conference call following tuesday s surprise resignation from vikram pandit. elsewhere, a123 systems, federally funded maker of electric car batteries, is now bankrupt despite nearly $250 million in government grants. france s privacy regulator says google s new privacy policy violates european protection rules. france could impose hefty fines if google fails to modify its policy. fx con oig, apple s largest manufacturing partner, has admitted hiring student interns as yufroung as 14 to work at it
businesses had just 2% of the market in the production of electric car batteries that power the vehicles of the future. all these hybrid cars that have electric batteries, those batteries were made some place else. we only had 2% of them. we made investments in the recovery act and by 2015 u.s. companies will have 40% of the global market. we ve created an advanced battery manufacturing facilities right here in the united states that will allow us to maintain that cutting-edge. from the very first railroads to the interstate highway system, our nation has always been built to compete. you know, the history of ohio is a testament to that. nearly two centuries ago our nation s the president going outside of the nationwide children s hospital in columbus, ohio where he s talking the 10,000th project created under the recovery act.