Nearly 15 years have passed since Solyndra went out of business, but its specter hangs over the US government to this day as a warning of the risk of federal intrusion in a capitalist world.

Solyndra, of course, represented the US’s attempt to bolster the sustainable energy industry, specifically solar. The intentions were noble: solar was seen as a safe respite from combustible sources like oil and natural gas, which are expensive, nonrenewable and dirty.

But corruption and mismanagement conspired to drain its coffers. The resulting bankruptcy ultimately cost taxpayers more than $500 million in unreimbursed loans.

The financial hit, however, was nothing compared to the surgical job it did on the collective congressional spine. “Strategic investments” became a fool’s term, something you said if you wanted to be primaried.

Read more ...

TEMPE, AZ -- Benchmark Electronics reported second quarter revenue of $642 million, down 3.6% from $666 million in 2024.

Read more ...

MIAMI -- Element Solutions announced second quarter sales at its Electronics unit increased 12% year over year to $439 million.

Read more ...