The corporate campus of Vivint Inc., among North America’s largest home-automation companies, rises up on the outskirts of Provo, Utah, a handsome sprawl of glass and gleaming white metal set against the snow-capped Wasatch Mountains.
Unilever, the consumer products giant that makes things to clean our ears, skin and teeth, will now do the same for its own electricity. The company announced yesterday it would work with NRG Energy to build renewable power generation at its U.S. offices, plants and distribution centers, which produce 16 percent of Unilever's revenue.
Dec. 11 (Bloomberg) –- David Crane, a public-policy lecturer at Stanford University who worked as an economic adviser to former Republican Governor Arnold Schwarzenegger, talks with Bloomberg's Mark Niquette about the pay packages of California's public employees. Payroll data compiled by Bloomberg on 1.4 million public employees in the 12 most-populous states show that California has set a pattern for lax management, inefficient operations and out-of-control costs. (Source: Bloomberg)
Nine years ago, California Democrat Gray Davis became the first U.S. governor in 82 years to be recalled by voters. The state’s 20 million taxpayers still bear the cost of his four years and 10 months on the job.
Oracle Corp. Chief Executive Officer Larry Ellison plans to build one to power the Hawaiian island he bought last year. EBay Inc. has one to run a data center. The University of California at San Diego and the federal government have invested tens of millions of dollars in the technology.