GOOD DAY FOR: Flying high on weed, after Continental Airlines tested a new biofuel made of algae and a weed called jatropha, using it to help power one of two engines in a Boeing 737. The two-hour test flight was the first by a U.S. airline, although Air New Zealand tested a jatropha-based fuel last week. Biofuels may not be a significant fuel for jets for a decade, but airlines say they are committed to free themselves from being dependent on oil and oil prices. (Los Angeles Times)
BAD DAY FOR: Cashing in your 401(k), after analysts at HSBC, Europe’s largest bank, said that U.S. stocks are the most promising investment pick for 2009, although a big sell-off is possible through March. After two years of strong corporate profits, “U.S. companies are sitting on piles of cash,” said HSBC’s Arjuna Mahendran. He predicts we’ll “see a bottom of the current downturn” by mid-2009. (Reuters)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- The 11 worst fast food restaurants in America
- 7 things the world's happiest people do every day
- 7 grammar rules you really should pay attention to
- 10 things you need to know today: July 23, 2014
- Why are so many parents being arrested?
- What would a U.S.-Russia war look like?
- I hate Ayn Rand — but here's why my fellow conservatives love her
- The weird obsession that's ruining the GOP
- Why America is duty bound to help Iraqi Christians
- 9 things you probably didn't know about the moon
Subscribe to the Week