'Banks on Steroids' worry France
http://news.bbc.co.uk/2/hi/business/8351766.stm
This article is about banks in France that have been bailed out, taking advantage of their extra money. They have been giving their employees large bonuses from government funded money. The problem is bonuses are being given to investment bank employees because they are taking certain financial risks that lead to financial crisis in the first place. Fortunately, due to government pressure to stop, excessive bonuses have been stopped. Others are worried that this will prove a mistake because certain firms will move elsewhere to make more money. Only time will tell.
Frontier maintenance jobs going to Milwaukee
http://www.denverpost.com/search/ci_13754528
This article is about the 150 Frontier Airlines jobs that will be moved to Milwaukee for the new maintenance facility that will soon be built. Denver mayor John Hickenlooper and other state officials have created an incentive package for Republic Airways Holdings, the new owners of frontier, to keep jobs here in Denver. Denver is currently competing with Milwaukee and Indianapolis, and it doesn't look very good for Denver.
Local Motors: A New Kind of Car Company
http://www.businessweek.com/innovate/content/oct2009/id20091028_848755.htm
In 2004, John Rogers took a book with him during his active military service that talks about people ending their dependence on fossil fuels. This inspired him to start his own car company that has a significantly smaller carbon footprint than those of other car companies. His idea was to create cars for individuals based on what they want, rather than mass producing a certain vehicle that might sit on the lot of a dealership because nobody wants it. It is based on his website where people can upload drawings of cars and vote on the designs of others. His first car to go into production will be the rally fighter, and that will take place in June 2010. He already has 23 people that want that type. Rogers doesn't aim to put the "Big Three" out of business, he just wants be a more Eco-friendly option for car buyers.
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