It was only a few years ago that the market for computer servers was one of the hottest in the tech sector as large corporations, most notably financial services companies, bulked up on the devices to run their high-end business applications.
Using money as bait, President Barack Obama challenged states and school districts Friday to raise their academic standards, improve teacher quality and allow more innovation if they want a chance at roughly $5 billion in new grants.
As the recession eases, companies are cutting fewer jobs. Yet they remain reluctant to hire, leaving potentially millions of people without any financial aid long after their unemployment benefits run out.
Trying to tamp down an uproar over race, President Barack Obama said Friday he used an unfortunate choice of words in commenting on the arrest of black scholar Henry Louis Gates Jr. and could have "calibrated those words differently."