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...Kiel, who as a business owner and management consultant has worked with nearly 200 companies of varying scale, says he has already seen advantages to employee ownership. "Since the business belongs to the workers, my job is expos[ing] them to how to run a business," he says. "In addition to the technical training, we're training in administration and managerial skills - how to obtain work orders, track profitability, read a financial statement." Unlike the typical workplace, here employees know exactly how much a company - and each individual - is making. "There's a value in dealing with an informed workplace...

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

...cooperatives; distributed to regional nonprofits; or pooled into shared institutions like the university and 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...

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

...stake in, never have, in the EKG that is the daily Gallup trend." By contrast, senior aide David Axelrod often mentions poll numbers, on everything from the rising international reputation of the United States to the resilience of Obama's personal likability numbers. "Every poll I've seen suggests that even among those who don't support necessarily his policies, there is a warm feeling," said Axelrod, in a recent interview with U.S. News. (See "Obama After a Year: What's Changed, and What Hasn...

Author: /time Magazine | Title: Why Obama Has to Worry About Polls | 12/22/2009 | See Source »

...laid out about $400 million for the movie's production and marketing budgets, is that Avatar mimicked Titanic in pulling in more than twice as much coin abroad ($160 million and counting). Other hopeful auguries: Avatar pulled an A+ rating from CinemaScore's tally of people who had just seen the movie; its score from reviewers in the Metacritic and Rotten Tomatoes samplings is a robust 83%; and it has no serious competition until next March for the 3-D screens on which most of its showings take place. (Read "Avatar Arrives! Can James Cameron Be King Again...

Author: /time Magazine | Title: Snow Job for the Avatar Opening? | 12/21/2009 | See Source »

...cups, children line up outside Nicaragua's first public ice-skating rink, built inside a climate-controlled plastic tent that defies the scorching 95 degree heat outside. Wearing loosely laced second-hand skates with dull blades and inadequate ankle support, the excited children - most of whom have never seen ice outside of a drinking glass - giggle, flop and crash their way across the Zamboni-starved ice. (Read a story about Nicaragua's vampire problem...

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

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