Word: firmness
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...sail-shaped Trump Ocean Club, under construction in Panama City's exclusive Punta Pacifica district, will be the largest and most expensive building ever built south of the Rio Grande. "Nothing like this has ever been attempted in Latin America," says head developer Roger Khafif, whose K Group construction firm is handling the $400 million project. "When you think of Sydney you think of the Opera House, when think of Paris you think of the Eiffel Tower, and when you think of Panama, you are going to think of this building...
...John Haltiwanger, an economist at the University of Maryland, has been studying government data for 25 years and has determined that about a third of all new jobs created come from start-ups. Furthermore, young companies add jobs faster. From 1980 to 2005, the typical 15-year-old firm added jobs at a rate of 1% a year, the typical three-year-old firm at a rate of 5%. "These are the rocket ships of the economy," says Haltiwanger...
...card readers that go inside them. Ringdale's response: throw more resources, including employees, at its burgeoning line of light-emitting-diode products, for which it holds a number of patent applications, thereby answering increased demand for low-energy commercial lighting. "We've redeployed," says CEO Klaus Bollmann, whose firm will open one plant expansion in a few months (accounting for an additional 10 to 15 jobs) and a second, larger one next year (120 more jobs). As the economy shifts, reinvent...
...Increase penalties for larger employers who do not offer health insurance and have at least one employee who qualifies for federal subsidies. Companies with more than 50 employees would have to pay an annual $2,000 penalty for each worker at the firm, even if only one qualified for subsidies. (Penalties assessed for the first 30 workers would be waived, however...
...bear and bird populations. "So far, practically everything that we supposedly agreed to with the government and the contractors has in the best case remained only on paper," the group said. Both Greenpeace and the World Wildlife Federation have broken off ties with Russia's state-owned Olympstroi construction firm, citing an unwillingness of the company to cooperate. (When reached by TIME, the company declined to comment...