Word: lowing
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...adds that the spread between the high and low salaries is limited so that the CEO earns no more than five times the lowest-earning entry-level employee. This follows the Mondragon template, which keeps the ratio down to 1 to 4 or 5 (though in a few cases of specialized positions, it's as high...
...research center. In other words, each individual cooperative gains long-term benefits from the financial assets of the whole. (How this would play out in the context of U.S. tax rules remains to be seen.) In Cleveland, the Evergreen Cooperative Development Fund, managed by ShoreBank Enterprise Cleveland, provides low-interest, long-term financing. In the future, a financial institution more aligned with Caja Laboral, which also handles consumer saving and lending, might be developed...
...accurately," says Rockefeller, calling the insurance industry "the major evil player in the whole health care system." Whatever the actual MLR figures are, the House and Senate bill would represent the first federal regulations of this kind. "The point is to get rid of the high 60s and the low 70s and get it all up into the 80s," says Rockefeller...
...Meanwhile Nissan's Micra hatchback will debut in India in May. And Renault, which has a tie-up with India's Bajaj Auto, is taking on the 660 cc-engine Nano by developing its own low-priced city car that will be constructed partially of motorcycle parts to save costs. (See the 12 most important cars of all time...
...there's a risk to that: the tactic may backfire. Sarkozy's approval ratings have fallen to a record low of 39% since the identity debates were announced. Meanwhile, a poll this week showed that 55% of people consider the debates "not necessary." And two months ago, 64% of respondents in another poll called them merely "an electoral tool." The possibility that this could lead to a spanking for the right in the March elections has only grown as other right-wing politicians have followed Besson's lead with provocative statements of their own. Earlier this month, a conservative mayor...