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CEO Gives 20 Million Dollar Company to Employees

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Posted by geri   
Wednesday, 17 February 2010
bobs-red-mill-logo.jpgA CEO this week gave his entire company to the workers who've made his natural food company the success that generates revenues exceeding $20 million a year.

Founder of Bob's Red Mill Natural Foods, Bob Moore, turned 81 on Monday, Feb. 15 and announced the news to his employees in Milwaukie, Oregon.

With everyone at his birthday celebration and on behalf of his partners in the business, Bob announced that through the creation of an Employee Stock Ownership Plan (ESOP), Bob’s Red Mill is now an employee-owned company. 

"We believe our employees are the finest people in the natural foods business, and by offering our current and future employees an ownership in the company we will continue to retain and attract the best."
Read more... [CEO Gives 20 Million Dollar Company to Employees]
 

L.A. Plans World's Biggest Solar Farm in California Desert

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Posted by geri   
Tuesday, 16 February 2010

solar-thermal-mirrors.jpgAn old battleground of California's water wars could turn into one of the largest solar farms in the world, with thousands of shiny black and blue panels mounted across the desiccated, salty white crust of Owens Lake.

That's the plan by the Los Angeles Department of Water and Power, the largest public utility in the U.S.

The project may eventually generate three to five gigawatts of power -- enough for 10 per cent of California's power supply -- and include other utilities like PG&E and Southern California Edison and independent power producers.

(Continue reading in the Edmonton Journal)

 

What Could Be Better than Renewable Energy from Chocolate?

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Posted by geri   
Monday, 15 February 2010

chocolate-lindt-corp-photo.jpgWho knew the same delicious brown bean that creates chocolate can also generate clean green power? Cocoa bean shells left over after the chocolate processing are now being used as biofuel. You might wonder where this is happening. West Africa? Brazil?

Actually, it's in New Hampshire, which is the home of chocolatier Lindt USA. Lindt recently announced a partnership with Public Service of New Hampshire (PSNH) for the burning of cocoa bean shells to produce electricity from one of the three 50MW boilers at PSNH’s Schiller Station power plant in Portsmouth, near the Lindt factory.

(Continue reading at the Triple Pundit)

 

US Airlines Post Best On-time Rate Since 2003, United Tops Among Large Carriers

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Posted by geri   
Monday, 15 February 2010

american-airlines-plane.jpgIn a rare bit of good news for a beleaguered industry, U.S. airlines posted in 2009 their best on-time performance since 2003.

The numbers released Friday by the Bureau of Transportation Statistics state, "The nation's 19 largest airlines said 79.5% of their flights arrived on time in 2009, compared to 76% in 2008 and 82% in 2003."

United was tops among the legacy carriers with a 77.3% on-time rate, topping Delta's 76%. 

(Continue reading in the USA Today)

 

Saying Farewell to the Corporate Life, and Hello to a Life of Service

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Posted by geri   
Friday, 12 February 2010

teachforamerica.jpgIn search of fulfillment, many workers are now ditching corporate jobs and turning to so-called “encore” careers in non-profit, education or health sectors, each motivated by a similar urge: to give something back.

“When I look at the personal rewards I get, that’s more important to me than money,” said Barbara Higbee, 57, who was a district manager for a Texas merchandising company and often put in 80-hour weeks.

(Continue reading the feature article at MSNBC)

 
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