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In late October, the Mondragon Corp. and the million-plus-member United Steelworkers (USW) union announced an alliance to develop Mondragon-type manufacturing cooperatives in the U.S. and Canada. Says USW's Rob Witherell: "Initially we are looking to convert an existing manufacturing operation." As for financing new ventures, he...

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

However, analysts believe the big 70% markdowns are more likely to be strategically slapped on certain items rather than spread store-wide as they were last year. "We're definitely expecting to see a lot of promotions in the days before Christmas, but we are not likely to see the...

Author: /time Magazine | Title: Christmas Shopping: For Retailers, Down to Two Crucial Days | 12/22/2009 | See Source »

Nevertheless, many shoppers have been procrastinating in the hopes of scoring lalst-minute gifts at bargain-basement prices. As of mid-December, the average consumer had completed only 46.7% of their holiday shopping, according to a survey conducted by BIGresearch for the National Retail Federation. This was down considerably from...

Author: /time Magazine | Title: Christmas Shopping: For Retailers, Down to Two Crucial Days | 12/22/2009 | See Source »

The original Senate bill called for lower thresholds - 75% and 80% respectively - while the House bill calls for an 85% limit across the board; crucially, both of those bills would have ended the requirement in 2013, the year much of health reform only begins to take effect, while Reid's...

Author: /time Magazine | Title: Forcing Insurers to Spend Enough on Health Care | 12/22/2009 | See Source »

"There is a national economic crisis, so the government has to be clear about its public policies and how it's using its resources," Gomez said, noting that the government has already had to cut budget funding for education and health. While the price tag on the Happy Children Amusement...

Author: /time Magazine | Title: Have Yourself a Sandinista Christmas... | 12/21/2009 | See Source »

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