User: flenvcenter Topic: Economics and Jobs-National
Category: Sustainable Business :: Socially-Responsible Investing
Last updated: Apr 24 2017 11:46 IST RSS 2.0
 
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A Plan to Give Community Banks Relief From Dodd-Frank 24.4.2017 Wall St. Journal: Opinion
Smaller institutions didn’t cause the financial crisis, but are drowning in compliance costs.
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Here's why Chinese money is pouring into Temecula's wine region 23.4.2017 LA Times: Business

David Liu made his first fortune more than two decades ago, exporting American scrap metal to his rapidly industrializing home country of China. After the financial crisis, he scored big again buying thousands of distressed apartments in the United States and selling them later for a tidy profit.

...
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Garcetti proposes boosting spending to reduce L.A. traffic deaths, but advocates are pushing for more 22.4.2017 LA Times: Commentary

Los Angeles Mayor Eric Garcetti secured one of his biggest accomplishments last year with passage of Measure M, the sales tax hike slated to deliver $120 billion for transportation projects over four decades.

That victory was achieved, in part, through the hard work of nonprofit groups and grass-roots...

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As auto sales cool, there are great deals to be had — and worries of a lending bubble 21.4.2017 LA Times: Commentary

Heather Milne Barger and her husband knew it was about time to replace their 12-year-old Honda Civic hybrid this year — not only because it was showing its age, but because they knew there were bargains to be had.

“There were a lot of deals that dealerships were having, and cheap financing,” said...

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Yampa Valley Bank recognized for 2016 performance 21.4.2017 Steamboat Pilot
Yampa Valley Bank credits its local ownership and a loyal customer base for being recognized as one of the best-performing banks in the country. Bank officials said it is a sign the local economy continues to rebound, and the future is promising. Publicly available financial information from banks was used to compile the S&P Global Market Intelligence’s 2016 ranking of the top 100 community banks with assets less than $1 billion. “Of course, we’re very proud of this,” Yampa Valley Bank board chairman Tim Borden said. The bank ranked 58th and was one of only two Colorado banks that made the list. A total of 4,585 community banks throughout the country were analyzed, 76 of them in Colorado. In determining the rankings, S&P Global looked at things such as a bank’s return on assets. “That’s a very important number in the banking industry,” Borden said. “For every dollar we got in, we had a 21 percent return in 2016.” S&P Global also looked at problematic loans held by the banks and the growth of issued ...
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This large money manager created a new way to invest in green bonds 17.4.2017 Business Operations | GreenBiz.com
VanEck, which manages more than $43.4 billion in assets, has launched the first U.S.-listed exchange-traded fund for green bonds. What does this mean for the broader area of sustainable investing?
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Retail savvy led Green to big hits as e-commerce investor 17.4.2017 Seattle Times: Top stories

Kirsten Green was ranked among the dozen most successful venture investors in the world this year thanks to her early role in Dollar Shave Club, Jet.com and other startups where she saw potential for building strong brands.
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Real estate surge likely to follow resort ownership change at Steamboat, Winter Park 16.4.2017 Headlines: All Headlines
Towns near ski resorts scooped up in the $1.5 billion purchase of Intrawest are ready for the real estate boom that followed similar deals. But it won't be the resort operators doing the development.
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Community Connections: Investing in the first five years 16.4.2017 Steamboat Pilot
Routt County’s Early Childhood Council, First Impressions, works to streamline and strengthen early childhood care and education resources for children from birth to age 5. With 90 percent if brain development occurring before age 5, the return on every dollar invested is highest when spent to support a child before her or she starts kindergarten. Research shows that the long term benefits of children starting kindergarten ready to learn pay off when a child does not need special education services, successfully graduates from high school and is able to earn a living as a tax-paying adult. If we don’t pay now to support the healthy development of children who are at risk and/or from low-income households, we will pay more later when these children may become a teenage parent or an incarcerated adult. How does First Impressions streamline and strengthen investments in the first five years? First Impressions is comprised of diverse community stakeholders and is led by Tim Corrigan, Routt County ...
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Baseball: Former slugger Teixeira now focused on environment 15.4.2017 Salt Lake Tribune
Atlanta • When Mark Teixeira was growing up in Maryland, he loved hanging out a sprawling park near his home. That’s where he headed most every day after school. He could play all sorts of sports, from baseball to soccer to football. There was a pond for fishing. Sometimes, he was content just to stroll around with his dog. “Every community deserves that,” Teixeira said, his tone both nostalgic and hopeful. Now that he’s retired after a 14-year career as one of baseball’s most feared sluggers , ...
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Lead service lines on private property – 3 states’ approaches to the challenge 14.4.2017 Nanotechnology Notes
Tom Neltner, J.D., is Chemicals Policy Director After the tragedy in Flint, Michigan, there is broad agreement that lead service lines (LSLs) need to be replaced. While corrosion control is essential, it isn’t a fail-safe, long-term solution. With the risks posed by lead to children’s brain development, we must eliminate LSLs – which currently account for […]
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3 ways to embed sustainability in public-private partnerships 13.4.2017 Resource Efficiency | GreenBiz.com
Sustainability considerations should be prominent in the design, development and operational phases of the PPP process.
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The Feisty Group That Exposed Wells Fargo’s Wrongdoing 13.4.2017 American Prospect
DW labs Incorporated/Shutterstock Front-page stories in Tuesday’s New York Times, Wall Street Journal, and Los Angeles Times revealed that Wells Fargo’s board would be slashing $75 million in compensation from two former top executives whom it blamed for the bank’s scandal over fraudulent accounts. But missing from these three papers’ stories—and from similar stories in other major print and broadcast news outlets—was the feisty group of bank employees that initially exposed the wrongdoing: the Committee for Better Banks . A report issued Monday by a four-person committee of Wells Fargo’s board determined that John G. Stumpf (the former CEO) and Carrie L. Tolstedt (the former head of community banking)—both of whom were ousted last year—were primarily responsible for pressuring low-level employees to create and foist two million unwanted bank and credit card accounts on unsuspecting customers. To penalize the two former executives, it demanded a “clawback”—the forced return of pay and stock grants—that ...
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Elitch Gardens owner exploring redevelopment of amusement park’s sea of surface parking 13.4.2017 Denver Post: Business
The local investment team backed by billionaire Stan Kroenke that bought Elitch Gardens in 2015 is exploring the possibility of redeveloping the roughly 17 acres of surface parking that serve the downtown amusement park.
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As Trump threatens world climate pact, will India keep its promises to cut emissions? 12.4.2017 L.A. Times - World News

Not long ago, global environmental activists looked at India with worry.

The world’s fastest growing major economy — and one of its fastest growing emitters of carbon — was building coal-fired power plants at a rapid clip while its leaders argued that burning the carbon-spewing fossil fuel was...

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United passenger threatened with handcuffs to make room for 'higher-priority' traveler 12.4.2017 LA Times: Commentary

It’s hard to find examples of worse decision-making and customer treatment than United Airlines having a passenger dragged from an overbooked plane. But United’s shabby treatment of Geoff Fearns, including a threat to place him in handcuffs, comes close.

Fearns, 59, is president of TriPacific Capital...

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Essential California: Horror at a San Bernardino school: 'He just shot everywhere' 11.4.2017 LA Times: Commentary

Good morning, and welcome to the Essential California newsletter. It’s Tuesday, April 11, and here’s what’s happening across California:

TOP STORIES

Shooting horror

A teacher and an 8-year-old boy were shot and killed at a San Bernardino elementary school Monday morning when the teacher’s husband...

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Aspen Skiing, KSL Capital promise investment, development in Intrawest resorts 11.4.2017 Denver Post: Outdoors
If there’s a takeaway from the industry-shaking news of Aspen Skiing Co.’s partnership with private equity firm KSL Capital in the $1.5 billion takeover of Intrawest’s six mountain resorts, it’s that the details are scant, but big investments in Steamboat and Winter Park are coming.
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Wells claws back $75 million from top execs in sales scandal 11.4.2017 AP Business
NEW YORK (AP) -- The problems at Wells Fargo and its overly aggressive sales culture date back at least 15 years, and management had little interest in dealing with the issue until it spiraled out of control resulting in millions of accounts being opened fraudulently, according to an investigation by the company's board of directors....
A convention-center redo for the people 11.4.2017 Seattle Times: Top stories

A group of community organizations have come together to speak with a unified voice for an alternative to the convention center’s benefit proposal: The Community Package. It represents up to $86 million of investments in projects with meaningful and lasting community benefits.
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