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Survey Shows Midwest Economy Improved in Feb.

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Posted by geri   
Wednesday, 10 March 2010
geothermal-Nesjavellir-Plant.jpgA survey of business leaders and supply managers in nine Midwest and Plains states suggests the region's economy is set to grow in the coming months.

From employment to confidence, the figures have improved. Inventory rose, new orders and sales increased.

(READ the AP report at the Greeley Tribune)

 

Bank CEO Promises His Millions in Bonus Money to Charity

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Posted by geri   
Tuesday, 09 March 2010
hsbc-bank-bldg.jpgHSBC boss Michael Geoghegan has confirmed that he will hand over 6 million dollars of his bonus money (£4mil) to charity. The bank said it made 13.3 billion US dollars (£8.8 billion) in underlying pre-tax profits last year.

The chief executive said he would pass on his £4 million bonus payment - which will be paid in deferred shares - to charities around the world over the next three years.

HSBC chairman Stephen Green has also waived his entitlement to annual bonus shares.


(READ More at the UK Metro)
 

Retail Sales Post Strongest Gains Since Late 2007

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Posted by geri   
Tuesday, 09 March 2010
bangles-in-boxes.jpgShoppers returned to the nation's malls last month, buying a surprising amount of spring clothing and other items and helping stores post the strongest retail sales since November 2007, a month before the recession began.

The better-than-expected 3.7 percent gain was reported Thursday.


(READ the AP report at NPR.org)

 

Recycle Your Jeans at the GAP for Home Insulation and Get 30% Off

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Posted by geri   
Friday, 05 March 2010
denim-recycle-blue-to-green.jpgBeginning today, at 1,000 Gap stores across North America, turn in your old denim and get new denim at a 30% discounted price. The denim drive is called, COTTON. FROM BLUE TO GREEN. Through March 14, consumers across the country can donate old denim at their local Gap, which will then be given a “new life” by being converted into Natural Cotton Fiber Insulation, and donated to communities in need.

Since the initiative was launched five years ago, the COTTON. FROM BLUE TO GREEN denim drive has recycled enough denim to create natural cotton fiber insulation for over 540 homes.
Read more... [Recycle Your Jeans at the GAP for Home Insulation and Get 30% Off]
 

The Sexiest Plug-in Hybrid Ever - It's a Porsche!

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Posted by geri   
Thursday, 04 March 2010
porsche_hybrid-spyder918.jpgPorsche shocked the world this week at the Geneva Auto Show unveiling its first plug-in hybrid car.

The Spyder 918 is gorgeous, with its open-top and fast, with a V8 engine. The combination gas-and-electric sports car uses the 500+ hp to reach 60 mph in 3.2 seconds, quicker even than a Carrera GT, possibly making it the peppiest Porsche road car ever. It would also be the most fuel-efficent, according to Porsche, achieving around 78 mpg.

The company is only testing the water here, not saying whether the concept car will go into production or how much it would cost. But it was the hit of the show and some car columnists are betting that the design will surely make it to showroom floors.
Read more... [The Sexiest Plug-in Hybrid Ever - It's a Porsche!]
 
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