Word: corpe
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When State Grid Corp. wanted to do good in Chinese communities, the Beijing-based utility turned to what it knows best: electricity. In rural villages nationwide last year, State Grid's "Power for All" project ran electric lines to 545,000 previously unserved households, offering the occupants free power indefinitely. Families bought their first refrigerators, televisions, even computers. Farmers stopped hauling buckets of water and installed automated irrigation systems. "We transformed people's lives," says Liu Fuyi, the project's chief. "We brought them into modernity." Over the next two years, the utility plans to spend $3 billion...
...least one of Harvard’s investments flies in the face of the school’s commitment to human rights. In its most recent filing with the federal Securities and Exchange Commission, Harvard reported owning 172,246 shares of stock in Chevron Corp. If the University has held onto those shares—and there’s no reason to believe it hasn’t—they would be worth more than $15 million today. Chevron, meanwhile, owns a 28.3 percent working interest in a production and pipeline venture in Burma. By Chevron?...
Living apart upends traditional notions of marriage, but researchers are beginning to suspect that it's not necessarily a bad thing. Studies show divorce in commuter marriages is no more frequent than in those where the couple is under the same roof. A large Rand Corp. study published last spring based on military personnel found that the longer the deployments, the higher the chance the marriage would stay together--in part because soldiers and their spouses cling to idealized memories of each other during their separations...
...Internet has also turned showcasing talent into a business. Sites like HoopScoop Online rank kids as young as those in the sixth grade. Scout.com which News Corp. purchased for $60 million in 2005, and competitor Rivals.com acquired by Yahoo! for $100 million earlier this year, cover recruiting as actively as they do the big games. Admits Telep, the Scout.com analyst: "I'm sure we're feeding it to a degree...
...United Auto Workers pulled down its pickets around General Motors Corp. plants across the United States early Wednesday morning. The union's leadership said it was satisfied with GM's guarantees of job security - the ostensible reason for the strike. The scene is now set for ratifying a labor agreement that would shift GM's liabilities for retiree health care to a Voluntary Employee Benefit Association (VEBA) that would be run by the union itself...