News That Matters

Tag: Turning

The firms turning their workers into owners

The firms turning their workers into owners

Business
In the past few weeks a few employees have suddenly found they didn't just work for their company, they owned a bit of it too.The owner and founder of Richer Sounds, Julian Richer, used a special trust to give his 500 staff a 60% stake in the business and a £3.5m handout.Engineering company Weir is giving all 15,000 staff £300 each in shares this year and next.Meanwhile telecoms group BT has said it will distribute £50m of shares between staff annually starting in 2020.All this generosity may come as a bit of a shock in our dog-eat-dog world of corporate capitalism.But aficionados of employee ownership say it makes perfect business sense. Richer Sounds boss wants 'to do the right thing' BT staff to get £500 in shares every year T
Turning wound cells into skin cells may help doctors heal ulcers

Turning wound cells into skin cells may help doctors heal ulcers

Health
Sept. 6 (UPI) -- Scientists have developed a technique to convert cells in open wounds into skin cells as an alternative to plastic surgery for treatment of large cutaneous ulcers. The method involves reprogramming the cells into a stem-cell-like state for healing skin damage, including severe burns, bedsores or chronic diseases such as diabetes. The researchers at the Salk Institute also see this process as a way to counter the effects of aging and better understanding skin cancer. Their findings were published Wednesday in the journal Nature. "This knowledge might not only be useful for enhancing skin repair but could also serve to guide in vivo regenerative strategies in other human pathological situations, as well as during aging, in which tissue repair is impaired," senior author Dr....
Happy birthday on turning 26. Now get your own health plan!

Happy birthday on turning 26. Now get your own health plan!

Finance
Like other adult things, choosing your first health insurance plan seems scary until you do it. Lots of acronyms you never heard before? Check. You know it's going to hit your wallet? Check. It's some mysterious part of your job with a lot of brochures? Check. When you're looking through your plan choices, ask yourself what's going on in your life, says Jeff Oldham, senior vice president of institutional and global markets at Benefitfocus, a benefits enrollment software company. But first, learn the following words and acronyms. When you meet with the...
Lovell lights: turning a telescope into an art installation

Lovell lights: turning a telescope into an art installation

Science
Looming up out of the green Cheshire countryside, listening to Deep Space, the Lovell telescope is an icon of science. And while it listens, the third largest radio telescope in the world becomes - for just a few days every summer - a massive, animated art installation.As part of the Bluedot music and science festival at Jodrell Bank, the telescope has now played host to displays devised by Brian Eno and Daito Manabe. The latter developed animated data which the telescope was collecting from Space, and beamed it onto the structure. This year it will host two specially commissioned projection pieces - one inspired by the possibility of extraterrestrial life. Making artists' work come to life on a ...