Morning News: How Chobani’s Founder Became A Billionaire, Construction To Start On Idaho’s First Major Solar Plant
Idaho’s 1st big solar plant to be built soon – “Idaho’s first big solar electricity plant will likely soon begin construction, a rare bright spot for renewables in a state littered with canceled wind farms, regulatory uncertainty and low natural gas prices that have soured alternative power’s financial appeal.” Associated Press
Hidden Chobani Billionaire Emerges as Greek Yogurt Soars – “A shuttered plant, a small business loan and Americans’ growing taste for Greek-style yogurt combined to make 40-year-old Turkish immigrant Hamdi Ulukaya a billionaire. Chobani, the best-selling yogurt brand in the U.S., has given Ulukaya a net worth of $1.1 billion, according to the Bloomberg Billionaires Index. He is founder and sole owner of Chobani Inc., whose sales have quintupled since 2009, and has never appeared on an international wealth ranking. “ Bloomberg
Elpida fights effort by bondholders to stop its sale to Micron – “Elpida Memory Inc., the bankrupt Japanese chipmaker, says it opposes moves by a group of bondholders to block its sale to Micron Technology Inc. because it would interfere with an “entirely fair” reorganization.” Idaho Statesman