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Good day, Bad day
Slowly plugging in, Founding Fathers
 

GOOD DAY FOR: Slowly plugging in, after utility firm executives said the U.S. power grid can handle a gradual switch to rechargeable hybrid electric cars. Rechargeable cars consume about four times the electricity of plasma TVs, but utilities say their recent ramping up of capacity to accommodate the switch to energy-hogging plasma screens has assured them that a plug-in car changeover is doable, too. (AP in Yahoo! Finance)

BAD DAY FOR: Founding Fathers, as brokerage firm Charles Schwab Corp. is replacing founder Charles Schwab as CEO, promoting president and COO Walter Bettinger II. Schwab, 70, will stay on as chairman. (MarketWatch) Charitable food brand Newman’s Own may be facing a similar transition, as founder Paul Newman, 83, is reportedly battling cancer. (Fortune in CNNMoney.com)

 

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