News Updates for Monday

An interesting 1, 2, 3 punch in the world of Microsoft and tech jobs, Obama pushes for fuel efficiency and more today in this news roundup. Let’s get started:

  • President Obama is taking steps to roll back the Bush legacy of environmental “policy,” pushing to have CAFE standards raised to the proposed 2011 standards immediately, ordering the EPA to allow states to set more stringent environmental policies than the federal levels (California, ah-hem?). You know? I remember thinking that the Bush Administration went too far too fast reversing Clinton policies, I do wonder if the Obama Administration won’t suffer the same fate. Careful with that axe, Eugene.
  • Pfizer is buying Wyeth to create the biggest drug company, ever. The fact that so many of their own patents are coming to an end in the next few years is what has prompted the company to take this move despite their own financial problems. So, great. Now we have an even bigger company with more lobbyists to run around Washington.
  • Silicon Vally is experiencing a huge layoff crush right now. Microsoft is among the companies that’s laying off 5,000 workers. Punch one.
  • Meanwhile, as it lays off workers, Microsoft also continues to push beyond it’s capacity by trying to forge ahead with wireless plans (ask anyone who has an MS phone, they’ll tell you they’re in hell). However shall they do that while laying off workers? Punch two.
  • Funny you should ask. Senator Grassley of Iowa was wondering about the same thing. Specifically, he wondered why they should be laying off workers when they’ve got so many foreign visa workers that work so cheaply. Huh! Imagine that.