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...Arizmendi now employs 125 workers and annually generates $12 million in sales. Despite the economic downturn, the businesses remain strong and poised for growth. This in part owes to the collective decision-making model, says Hoover. "Worker-owned cooperatives are an innately conservative form. We didn't overleverage ourselves...
Perusing the list of the top 200 companies (with a market cap of at least $250 million) produces a number of surprises. There is Apple, but no Microsoft. The Boston Beer Company makes an appearance, but not market leader Anheuser-Busch. Tractor Supply lands on the list; Wal-Mart doesn't. Even with the economic crisis, a number of financial firms show up, including asset manager Blackrock, regional bank Iberiabank and homebuilder NVR (parent of Ryan Homes). The decade's best industry: oil and natural gas. A full 34 companies - 17% of the list - either drill, transport, refine or sell...
...holiday shopping, according to a survey conducted by BIGresearch for the National Retail Federation. This was down considerably from the 54% who had finished their gift-buying at the same time in 2005 through 2007, says Kathy Grannis, a spokesman for the NRF. According to the survey, about 42 million people, or 19.1%, had not even started their shopping as of Dec. 16 while only 8.6% had finished...
...review—requested by Mass. Governor Deval L. Patrick '78—reported that unfunded repairs to "safety-critical" areas of the transportation system totaled $543 million...
According to the report, the projected cost of repairing the problems with the Red Line—a widely used mode of transportation for members of the Harvard community—is $80 million...