Word: walsh
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Dates: during 2000-2009
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...Postcard: Bristol Bay," Bryan Walsh points out that if the Pebble Mine is built, it will produce billions in precious-metal wealth and create needed jobs [July 27]. But at what cost? Experts say it will foul the air and water and hurt salmon runs, among other atrocities. And the benefits will be exhausted within 50 years. I'm all for a sustainable resource like fish, which will bring jobs and provide profits for many more years to come. Also, there's great potential to earn cash through things like solar cells, especially in the land of the midnight...
...reported by Tina Walsh...
After posting a record $611.9 million loss in May, British Airways is asking its 40,000 employees to volunteer for one to four weeks of unpaid work. Chief executive Willie Walsh--who has agreed to go without a salary in July--called the request part of a "fight for survival." It could be worse. At least BA's pilots aren't being asked to handle luggage, as those of Dutch airline KLM were in early June...
...months, from salary cuts to mandatory unpaid leaves. But BA is going further. Volunteers can sacrifice between a week and one month's worth of salary, or else spread the pain by taking a reduced salary for three to six months. Union officials have scoffed at the proposal. "Willie Walsh can afford to work a month for free," says a spokesman for Unite, BA's biggest union. "Our members can't." (See pictures of London's Heathrow Airport...
...Walsh, though, can't afford to do nothing. Tumbling passenger numbers and a soaring fuel bill pushed BA to a pretax loss of $656 million in the 12 months leading to last April. The year before, BA made $1.5 billion. "The prolonged nature of the global downturn makes this the hardest trading environment we have ever faced," Walsh said as the results were announced in May, "with no immediate improvement visible...