Raton, a town once surrounded by eight coal mines, now has a main street of boarded-up buildings. There is reason for optimism as the town diversifies its local economy, betting on "a mix of small manufacturing businesses, health care and specialty services, and hospitality for travelers" to endure the sudden decline in mining revenue. Its calculated revitalization may hold lessons for other towns.
Read MoreWith the prices of solar technology dropping and the opportunity to save drastically on energy usage and costs, businesses and organizations across the country are investing more in solar infrastructure for their buildings and facilities. The Better Buildings Initiative of the US Department of Energy is helping by providing guidance and documenting effective approaches and financing for renewables installations - from hotels, to schools, to big box retail.
Read MoreOver two million baby boomers own their own companies, and with retirement looming, the government stepped in with a solution. A portion of a 2018 federal bill included language that will push the Small Business Administration to help baby boomers transition ownership of their companies to their employees if they wish. This will mitigate job loss often associated with a retiring business owner putting the company up for sale. Employee owners on average make a higher salary and have higher job stability, supporting the idea that employee ownership is beneficial for everyone involved, as well as for the econom
Read MoreAcross the country, projects that mine landfills for reusable metals and soils are underway. Can such mining prove profitable enough to spur similar efforts on a grand scale? So far, some projects have seen profits while others have not. But as society increasingly values pollution and greenhouse gas reduction, incentives for refuse mining can only grow.
Read MoreA benefit corporation called Burlap & Barrel brings together social enterprise work with quality products through the ethical production and distribution of single-source spices. The founders of Burlap & Barrel learned from previous business attempts and ethical quarrels to form a passion project that focuses on the quality, not quantity, of the spices.
Read MoreBy making listening and communication a priority, employers can improve employee retention. In Ohio, Mansfield Plumbing Products designated an employee liaison whose job is to listen to employees and facilitate communication between workers and management. By implementing clear communication channels, employers can better learn how to address their workers' needs.
Read MoreEurope's generous social policies, such as allowing employees to retain their salaries while taking sick time to care for themselves or family members, may help to mitigate the coronavirus outbreak while also safeguarding the economy. Although the long-term impacts are yet unknown, in the short term, government-provided incentives are helping people and businesses stay afloat.
Read MoreIn Eskilstuna, Sweden, there is a different kind of shopping mall – one that sells used and upcycled goods. In an effort to combat consumerism and bolster sustainability, the mall, called ReTuna, is nicely curated and organized, making second-hand shopping mainstream. The mall sees 700 people each day, on average, and has sold nearly $3.5 million worth of items.
Read MoreAfter an initial shock to business-as-usual, some independent booksellers are trying new methods to get their products in the hands of readers. Home deliveries, online sales, and fundraising efforts are keeping some longstanding institutions afloat, at least for now.
Read MorePhilanthropies are funding “tough tech” startups that are developing technologies to cut greenhouse gas emissions and mitigate the effects of climate change. Since 2014, the nonprofit Prime Coalition has channeled more than $24 million from wealthy donors and foundations to 10 ventures focused on that goal. Not all of their investments, though, have paid off. Yet, some of these initial investments could lead to widespread solutions to the world’s climate crisis.
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