All articles tagged with #public ownership
Originally Published 2 days ago — by Steamboat Pilot
A small Colorado town, Nederland, is set to purchase Eldora Mountain Resort for $120 million, marking a rare instance of a municipality acquiring a ski resort, with plans to operate it sustainably and maintain community benefits, funded through resort revenues and bonds, and with continued support from the current owner, POWDR.
Originally Published 4 months ago — by Hacker News
The article discusses the rapid rise in electricity prices, the complexities of utility ownership models, and the debate over public versus private management of infrastructure, highlighting that public utilities often perform well and can be more cost-effective, while private companies operate under monopolistic conditions with profits sometimes passing directly to consumers through infrastructure investments. It emphasizes the need for innovative ownership and operational models to improve infrastructure efficiency and affordability.
Originally Published 5 months ago — by Politico
LA Times owner Soon-Shiong announced plans to take the newspaper public, sparking concerns among staff and analysts about the move's effectiveness in addressing the paper's financial struggles, with some questioning the viability of such a transition for a local newspaper.