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Solar Roadways passes $1.4 million in crowdfunding: Just short of the $56 trillion required, but not bad for a crazy idea

2014-05-27 19:45:45| Extremetech

Over the weekend, the Solar Roadways project on Indiegogo reached its target of $1 million. At the time of publishing, that figure is now north of $1.4 million, with five days left to go. The concept is verging on utopian: By replacing the USA's concrete and asphalt roads with solar panels, we could produce three times more electricity than we consume, instantly solving just about every energy problem we have (geopolitical stuff, reliance on fossil fuels, CO2 production, etc.) It's not hard to see why Solar Roadways has attracted so much attention and money: On paper, it really does sound like one of the greatest inventions ever. In reality, though, where, you know, real-world factors come into play, it will probably never make the jump from drawing board to large-scale deployment.

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Median CEO pay crosses $10 million in 2013

2014-05-27 19:13:29| Biotech - Topix.net

Here are the 10 highest-paid CEOs of 2013, as calculated by The Associated Press and Equilar, an executive pay research firm: 1.Anthony Petrello, Nabors Industries, $68.2 million, up 246 percent 2.Leslie Moonves, CBS, $65.6 million, up 9 percent 3.Richard Adkerson, Freeport-McMoRan Copper & Gold, $55.3 million, up 294 percent 4.Stephen Kaufer, ... (more)

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Aeropostale secures $150 million credit facility from Sycamore Partners

2014-05-27 18:58:31| Apparel - Topix.net

Aeropostale Inc said it secured a $150 million credit facility from private equity firm Sycamore Partners, in what could be a lifeline for the struggling teen apparel retailer.

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Median CEO pay crosses $10 million in 2013

2014-05-27 17:05:23| Beverages - Topix.net

This undated photo provided by TripAdvisor shows the company's President and CEO Stephen Kaufer.

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Bengal Energy Announces Term Sheet for a US$20 Million Secured Credit ...

2014-05-27 16:48:44| Apparel - Topix.net

Bengal Energy Ltd. is pleased to announce that it has signed an indicative term sheet for a US $20.0 million secured credit facility with a leading Australian commercial bank , and provides an update on its Cuisinier exploration program.

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