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...small-scale hippie mainstay, the Mondragon Corp. is huge, hard-nosed business-wise and successful; in 2008, with Spain's economy in the doldrums, MCC's income rose 6%, to 16.8 billion euros. The Mondragon Corp. maintains its commitment to one-worker, one-vote democratic governance through a complex, carefully honed organizational structure in which the corporation serves as a kind of metacooperative for the individual companies. Through representatives and resources drawn from the larger network, it provides support for planning, research and generation funding for new businesses...

Author: /time Magazine | Title: In Cleveland, Worker Co-Ops Look to a Spanish Model | 12/22/2009 | See Source »

...building was designed by Morphosis, the Santa Monica-based firm of the Pritzker Prize-winning architect Thom Mayne, and represents Mayne's first move into New York or for that matter the East Coast. He makes buildings like no one else's, with complex orchestrations of space and form and a tough luster that's unmistakably his. The folded and perforated metal skin of his project for Cooper Union stands out strongly in its neighborhood of mostly brick and masonry buildings, but it also speaks to the local heritage of loft industry - and of thinking outside...

Author: /time Magazine | Title: The Many Faces of Thom Mayne's 41 Cooper Square | 12/21/2009 | See Source »

...oversees leases of land for mining, oil and gas drilling, livestock grazing and other uses.) The Federal Government also agreed to create a $60 million higher-education scholarship fund for Native American students. President Obama called the proposed settlement in Cobell v. Salazar--one of the largest and most complex class actions ever brought against the government--an "important step toward a sincere reconciliation" between the U.S. and Native Americans. The pact must be approved by a federal court and authorized by Congress...

Author: /time Magazine | Title: The World | 12/21/2009 | See Source »

...Murren waited five years to welcome the world to CityCenter, the 18 million-sq.-ft., $8.5 billion resort complex that opened this week in the heart of the Las Vegas Strip. When he took over as CEO of MGM Mirage a year ago, he was a youthful 47. "I'm now an old 48," he says, and he's got the gray hairs to prove it. That's because CityCenter came within a whisker of not opening at all, even as it was billed the most expensive private construction project in American history and thought of among locals...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

...Mirage had already prepared its bankruptcy papers for the project and rented construction fencing to seal off the complex. As Murren waited for the decision in his office, TV crews circled overheard in helicopters, catching footage of a project widely rumored to be failing...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

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