Happy Employees Create Profit for Continental Air
Continental Airlines is a company that discovered it could not get out of bankruptcy until it had happy employees who enjoyed coming to work- as well as taking care of customers.
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Happy Employees Give Companies Higher Return for Investors
If your company was listed in Fortune's 100 Best Companies to Work For in America, you had equity returns that were 3.5% per year higher than those of your peers. A new study reveals that employee satisfaction correlates positively with shareholder returns, says Alex Edmans of the Wharton School.
Small Businesses Put Ex-cons to Work
Ten years ago, Debbie Jakacki, owner of Jakacki Bag & Barrel in Chicago, a family business that's been around since 1942, found herself continually frustrated by her employees. We didn't have a lot of people who had a great work ethic, says Jakacki. After learning about the Safer Foundation, a Chicago-based nonprofit that helps people with criminal records find gainful employment, she decided to give it a try, and it has worked out very well.
Governments Can Learn From Firestone Tires How to Stop Ebola In Africa
When it comes to Ebola, the rubber met the road at the Firestone rubber plantation in Harbel, Liberia. Since their first documented case of the disease, the company has done a remarkable job of keeping the virus at bay. It built its own treatment center and implemented a comprehensive response plan.
GE to Choose Site for Biggest U.S. Solar Plant, Investing $600 Million
General Electric plans to select a location in about three months for a U.S. solar-panel plant that may be the country's largest, with an investment that will exceed $600 million and power 80,000 homes.
Virgin Spends $1.4 Billion On Super-Efficient, Ultra Quiet Jet Engines
Wanting to pay less for fuel now, Virgin America has invested in a remarkable new engine from GE. This is one of these significant breakthroughs in technology and engine efficiency that come along once every 10 to 15 years, David Cush, Virgin America's CEO, tells us.
FedEx Adds More Than 4,000 New, Fuel Efficient Vehicles
The world's largest express transportation company continues to bolster its fuel efficiency with a significant expansion this summer of lower polluting, energy efficient vehicles. While doubling the fleet of all-electric vehicles to 43, FedEx is also adding more hybrid-electrics and light composite vehicles.
Department Of Energy Crowns Light Bulb Of The Future Contest-Winner
A Philips LED bulb is the winner of the U.S. Department of Energy's $10 million competition to develop a low-cost, energy efficient, high-performance replacement for the incandescent bulb. The energy-saving L Prize winner uses less than 10 watts of power, providing an energy savings of 83 percent, while still emitting the same amount of light, and with the familiar warm glow.
Dreamliner's Maiden Voyage for Boeing; Saves Money, Adds Comfort
The Boeing Co Dreamliner, the world's first carbon-composite airliner, flew to Hong Kong from Tokyo carrying its first paying passengers on Wednesday in a flight described as a 'game changer' that could set a new benchmark in air travel.
Companies That Were 'Naughty And Nice' In 2012
Consumer Reports unveiled its third annual Naughty & Nice List featuring companies whose policies attracted either nasty stares or gleeful praise. The companies were picked based on specific practices that the magazine's editors and subscribers found particularly worthy of either a thumbs up or thumbs down.
Apple to Build Macs in Texas
Apple CEO Tim Cook said Tuesday the company will build Macs in Texas using some parts made in Illinois and Florida. Cook said the factory will open later this year.
Home Prices Rise 10 Percent, Power US Optimism
Home prices surged during the first quarter at their fastest pace in nearly seven years, the latest sign of a sustained economic recovery. Consumer confidence also helped push stocks to a new high on Tuesday.
Canada Stuns with Biggest Job Gains in 11 Years
Canada's economy created a surprising 95,000 jobs in May, the biggest monthly gain in 11 years, and most were full-time positions and in the private sector, Statistics Canada said on Friday in a report showing the economy may be gaining momentum.
Surprisingly Strong Jobs Report for October
The U.S. economy added a better-than-expected 204,000 jobs in October despite a federal government shutdown that was expected to limit payroll growth. Despite the gains, the unemployment rate edged up to 7.3% from 7.2%.
Factory Growth Surges Worldwide, U.S. Hits 2-1/2-yr High
Increased demand boosted global manufacturing activity last month as U.S. factories expanded at their fastest pace in 2-1/2 years and Chinese output suggested improvement in the world's second largest economy. The 17-country euro zone's manufacturing sector also showed improvement in November, as did Britain's.
GM to Invest $1.3B in 5 Midwest Factories
General Motors announced plans to invest $1.2 billion in new equipment and expansions at five Midwest factories. GM's investment, mostly in three Michigan plants, will retain or add about 1,000 jobs. The expansion plans were announced Monday, the same day a new study was released, compiled by the Center for Automotive Research in Ann Arbor, that estimated the rescue of GM and Chrysler saved 2.6 million jobs in 2009 and 1.5 million in 2010.
For American Workers, A Week Stuffed With Good News
As we reported recently, the U.S. economy is continuing to gain steam. Housing, manufacturing, auto sales rates have all been rising. This week has also been a great one for workers: The Labor Department said Friday that employers created 203,000 jobs last month, sending the unemployment rate tumbling by three-tenths of a point to 7 percent — the lowest level since 2008.
US Durable Goods Orders Rebound in Positive Manufacturing Sign
Orders for jetliners, machinery and other long-lasting durable goods rebounded last month in a positive sign for the important US manufacturing sector, the Commerce Department said Friday.
Happier Regions Recover Fastest From Recessions: Study
If you are happy, your state is likely to recover from the recession more quickly. That's the finding of new research that determines that economic recessions are weaker, expansions are stronger, and recovery is faster in U.S. states where people are more optimistic.
Five Economic Lessons from Sweden, the Rock Star of the Recovery
Almost every developed nation in the world was hit by the financial crisis, their economies became paralyzed. And then there's Sweden. The Scandinavian nation has accomplished what the United States, Britain and Japan can only dream of: Growing rapidly, creating jobs and gaining a competitive edge. The banks are lending, the housing market booming. The budget is balanced.
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Happiness is a mindset, a conscious choice we make every day