Green Mountain Coffee Roasters holds 7th annual employee cleanup of Winooski River

first_imgVermont employees of Green Mountain Coffee Roasters, Inc. will sponsor and participate in their seventh annual River Cleanup event, in conjunction with American Rivers’ National River Cleanupâ ¢, a nationwide effort to keep America’s waterways clean. From August 1-5, employee volunteers will use paid time off to pick up trash in and around Vermont’s Winooski River.”River Cleanup is GMCR’s most popular volunteer effort, and one way we make a difference in our hometown community,” says Paul Comey, GMCR’s Vice President of Environmental Affairs. “Clean water is important for both healthy communities and a good cup of coffee, so we are proud to support the River Cleanup for the seventh year in a row.”The annual River Cleanup event is part of the company’s Community Action for Employees (CAFE) program, which allows employees to spend up to 52 hours a year volunteering for nonprofit and community-based organizations during normal work hours. During its 2010 fiscal year, GMCR employees volunteered 14,878 hours through the CAFE program.Over 150 GMCR employees participated in last year’s River Cleanup, and the group removed 130 tires and four and a half tons of trash and scrap metal from the Winooski River. GMCR employee river cleanup efforts have also recently taken place on the Tennessee River in Knoxville, TN, with additional cleanups planned for other sites beginning in 2012.This year marks the 20th Anniversary of National River Cleanup, which is considered to be the most successful stream cleanup program in the country. Sponsored by American Rivers, this popular annual event raises public awareness of the magnitude of trash accumulating in our nation’s waterways. Last year alone, more than 300,000 volunteers removed 1.2 million lbs. of trash from 76,000 miles of streams and rivers. For more information or to find a cleanup, visit is external).About Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR)As a leader in specialty coffee and coffee makers, Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) is recognized for its award-winning coffees, innovative brewing technology, and socially responsible business practices. GMCR supports local and global communities by offsetting 100% of its direct greenhouse gas emissions, investing in sustainably-grown coffee, and allocating at least five percent of its pre-tax profits to socially and environmentally responsible initiatives.  WATERBURY, Vt.–(BUSINESS WIRE)–last_img read more

Understanding APR

first_img 155SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Derek San Filippo Derek is a freelance writer who spends his off time either working with his rescue animals or writing children’s books. He lives in San Diego with his beautiful wife … Web: Details According to the Financial Industry Regulatory Authority, 65% of Americans lack financial literacy. With this in mind, let’s look at a common financial phrase that you’ve heard if you’ve ever borrowed money before, be it credit cards or student loans.The APR (Annual Percentage Rate) refers to the actual cost of borrowing money, which includes the interest rate,closing costs,broker fees, etc. The important point here is that the actual interest rate can be, in many cases, be only one component of the APR calculation. APR was adopted as a standard so that consumers shopping for loans can really compare apples to apples.For example, suppose you’re considering two options for a $10,000, one year personal loan. One charges 12% and no application fee. The other charges 10%, but also a $250 application fee. Which is the better deal? In other words, which loan will cost you fewer total dollars?Whether the loan fee is paid up front or withheld from your loan proceeds also affects the APR. For this example, we’ll assume the loan fee is paid up front.Based on these parameters, the loan that charges “only” 10%, but adds a $250 loan fee, carries an APR of 14.813%. However, since there are no fees associated with the other loan, the interest rate and the APR are the same – 12%. In short, the loan with the higher interest rate is the better deal in this instance.The lesson here is that when you’re shopping for a loan, don’t be fooled by an interest rate that looks too good to be true. It often is. All lenders are required to disclose the APR on any loan they make, so always use APR as your point of comparison. Otherwise, you may find yourself paying way more for credit than you realized.last_img read more

Broome County Land Bank demolishes blighted building in the town of Union

first_imgTOWN OF UNION (WBNG) — The Broome County Land Bank started a series of four demolition projects Tuesday morning. The property consists of several mobile homes that have sat vacant for years leading to significant structural damage. Each one has been condemned as unsafe. “One of our main priorities is to return these properties we acquire return them to the tax roll as soon as possible. So that is what we are trying to do with many of our properties,” said Jessica Haas, the executive director of the Land Bank. The land bank acquired 7 East Maine Rd. in the town of Union from a Broome County Tax Foreclosure in early 2020center_img Broome County Land Bank targets distressed, vacant, abandoned and foreclosed properties with the goal of creating economic development. Properties in the town of Union and Binghamton will be demolished. The total cost of the demolitions is $51,000.last_img read more