The historic Mississippi River flood of 2011 is still rolling south, leaving untold private tragedies and colossal economic damage in its expansive wake. The final cost is not yet known, but previous floods on the Mississippi that made the record books, such as the one in 1993, cost as much as $15 billion. Those recovery costs do not include the billions taxpayers spend to maintain an extensive network of federal levees, floodwalls and other river-control systems that were designed to save lives and property, but which also destroy wildlife habitat and contribute to catastrophic floods like the one this year. We cannot afford to keep doing it this way. It's time to spend our money wisely and invest in a sustainable river system that meets the needs of communities, industry and the envir...
When leading change, invest your time in the people with potential to become change leaders themselves. A story about Steve Smith of the Carolina Panthers illustrates the point. Five steps to help you get started are: 1. Hold yourself accountable for people development. 2. Identify your Steve Smiths, or your "diamonds in the rough." 3. Once you find them, do not delegate your "diamond" development. 4. Polish your gems by asking questions. 5. Explore ideas and build relationships beyond the boundaries of work. Rare is the business that can consistently return good, hard results without making soft investments in people first.
Alpha Natural Resources has work to do before it can install some of the mine safety technology the company promised federal prosecutors it will put underground, company officials said last week. As part of a $209 million settlement with the U.S. Department of Justice, Alpha promised to invest $80 million to give more robust training to its miners and install state-of-the-art safety technology in its underground mines.
Gov. Martin O'Malley's top economic proposal cleared the House of Delegates Friday on a 94-43 vote Friday. The state Senate could start making its own changes to the Invest Maryland bill as soon Friday afternoon. In a blog post Friday morning, O'Malley wrote the bill is "one of the most important pieces of legislation this session.
This program is designed to grow the state's pension fund by investing in Michigan-based companies," [Jennifer M. Granholm] said. "Invest Michigan! will help diversify Michigan's economy by retaining, attracting, and building successful small and medium-sized businesses and, in turn, creating jobs for Michigan workers. "Each of these business leaders bring a wealth of private-sector experience to Invest Michigan!," said State Treasurer Robert J. Kleine, sole fiduciary of the State of Michigan Retirement Systems. "Each Business Leadership Council member also has expertise in areas that will benefit the general partners as they consider investment opportunities." "I am pleased to have this opportunity to work with Governor Granholm, Treasurer Kleine, the state's investment staff, and th...
NORMAL - Mitsubishi Motors Corp. will invest $100 million to begin making the Outlander Sport at its Normal manufacturing plant next year, a move that will inject new life into one of Bloomington- Normal's largest employers and save 1,300 jobs. The Japanese automaker will get $29 million rebated in state tax breaks and had already won wage concessions from union workers.
Students at two area business schools won't have to wait until graduation to start investing real money. Cal State San Bernardino and Cal Poly Pomona are starting courses that allow students to invest in financial markets.
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