Media co-ops and employee-owned media have been growing around the world in recent years. Majority shareholders of the leading French daily Le Monde announced last year that they would donate it to a foundation controlled by its journalists and other employees. As news media in Canada continue to crumble, going the co-op route makes increasing sense for their displaced workers.
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The history of credit unions has been deeply intertwined with religious faith for decades. In 1909, the first credit union chartered in the United States
Despite continuing problems with a new system more than two weeks after the changes were made, Robert Moreau, the CEO of UNI Financial Cooperation, says the technical transition was the right decision.