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Do environmentalists contribute to global warming?

We could put a bigger dent in greenhouse gases, says Patrick Moore, if it weren't for environmentalists.

Expanding the use of nuclear power would let the U.S. and other nations reduce dependence on coal, one of the biggest producers of carbon dioxide and other pollutants (and industrial accidents). Nuclear plants emit virtually no greenhouse gases, and more plants would also give the green light to the electric car industry.

"They (environmentalists) are the ones who are screaming that the sky is falling and that the climate catastrophe is coming and it's going to be global and … Read more

Sprint Nextel CEO forced out

Sprint Nextel said Monday that CEO Gary Forsee has stepped down as chairman and chief executive officer effective immediately.

Forsee's departure comes as investors, upset over the company's poor performance, have put pressure on the board of directors to make a change at the top.

The company said Chief Financial Officer Paul Saleh will become acting CEO until the board is able to find a replacement for Forsee. And board member James Hance, Jr., will assume the role as a non-executive chairman of the board, the company said.

Board member Irvine Hockaday said the company is focusing its … Read more

Sprint's CEO could get the boot

It looks like Sprint Nextel's CEO Gary Forsee will soon get the boot, which could spell trouble for the company's WiMax network.

According to a story published by The Wall Street Journal late Thursday, the company's board of directors is fed up with Sprint's poor performance and they're laying the blame on Forsee and company.

The story didn't identify sources by name, but referred to "informed people" who said the board of directors had already launched a search for a new CEO in August. Several high-profile candidates have been approached for the … Read more

Investor continues to pressure Sprint CEO

Activist investor Ralph Whitworth is continuing to put pressure on Sprint Nextel CEO Gary Forsee, according to the Wall Street Journal.

Whitworth, who owns about 2 percent of Sprint's outstanding stock, told the WSJ that he has lost confidence in Forsee. While he stopped short of asking for Forsee's resignation, he said he'd like to see the company's board of directors make some management changes to get the company back on track.

Whitworth is most concerned about Sprint's investment in WiMax, a wireless-broadband technology that would greatly increase data speeds. The company has committed itself … Read more