Investing and Global Finance News

Monthly Archives: July 2016

Companies Caring About the Environment: Republic Services & Mas Energy

It’s always refreshing to see companies that think about their footprint and try to save the environment while doing their work. One such example is Republic Services and Mas Energy. These companies have just unveiled a renewable energy project that will be serving the Metro Atlanta area. And it really takes care of the environment around them.

The landfill is one where there are gas-to-energy capabilities at the three area landfills (in Buford, Griffin and Winder). They can generate 24.1 megawatts of electricity and then provides enough renewable energy to power 15,665 houses.

As Jamey Amick, the area president of Republic Services explained,

“We believe in leading by example in everything we do. The modern landfill presents new opportunity to harness energy from yesterday’s waste and convert it to meet tomorrow’s energy needs. We are proud to partner once again with Mas Energy to generate a renewable energy source that makes a meaningful and lasting environmental difference in the state of Georgia.”

The way that it works is that the landfill can capture methane from subsurface of the area landfills and then route it to convert the gas to electricity. Certainly, there are many people involved in the project with Republic Services and Mas Energy including: Georgia Power, I Squared Capital, Crowder Construction Company and Nixon Energy.

Verizon Buys Yahoo for $4.8 Billion

Verizon Communications Inc, America’s largest wireless operator, said it is purchasing Yahoo Inc’s core internet properties for $4.83 billion in cash. The deal signals the end of an internet pioneer and the beginning of a new, huge internet push by the telecommunications giant. The deal will combine Yahoo’s messenger, email and search abilities and its… Continue Reading

Delta Dives into Denim

Isaac Dabah, CEO of Delta Galil,  is “returning to [his] first love” with the company’s purchase of 7 For All Mankind, Ella Moss and Splendid from US firm VF Corporation. The transaction – costing Dabah’s firm $120 million – is said to be Delta Galil’s “largest-ever acquisition.”  It is expected that this enterprise will boost… Continue Reading