The Robin Hood Foundation's annual gala raised a record-breaking amount of more than $101 million Tuesday night. "What's great is tens of thousands of people are part of the Robin Hood community. Some people give a dollar. Some people get to give a million dollars," said Executive Director David Saltzman. The Pershing Square Foundation pledged $25 million to match donations.
Austria will close down military barracks and schools, and cut back on personnel and recruitment as the country's defense budget faces $101 million in cuts in 2015. The Austrian Federal Army will also retire or sell much of its equipment, including tanks and armored vehicles.
Weis Markets will invest $101 million in growth projects this year, President and CEO Jonathan Weis said at a recent shareholders meeting. Weis reported that the company plans to wrap up 16 projects and has invested $500 million in growth since 2008.
Green Plains Renewable Energy has agreed to pay about $101 million to buy two ethanol production plants from BioFuel Energy. The facilities, in Wood River, Neb., and Fairmont, Minn., have a combined annual capacity of about 220 million gallons. GPRE aims to have the Minnesota plant running again by year's end.
Oregon will use $101 million in federal economic-stimulus funds for highway, port and sidewalk projects under a plan approved this week by the state Transportation Commission. "The main focus here is jobs and secondarily transportation," said David Lohman, a state transportation commissioner. "It's getting some jobs out there, and that's really important." The commission has approved a total of $234 million in federal stimulus spending, and it estimates that the projects funded will create 3,300 jobs.