Word: a-year
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...open up their books to show where those cash streams are used. California Gov. Arnold Schwarzenegger, for example, regularly relies on a Sacramento-based nonprofit, the California State Protocol Foundation, to pay for his overseas travel, including private jets. Other charities foot the bill for the $65,000-a-year hotel suite Schwarzenegger stays at when in Sacramento. And, of course, these donations are tax deductible...
...good business. Fulga and his colleagues are tapping into the estimated $54 billion--a-year market of cardiac patients in need of treatment. The company projects that it will break even soon. "We want to be the Intel of cell therapy," says Fulga...
...security meltdown has sparked concern in Washington. Mexico's $25 billion- a-year drug-trafficking industry moves at least 75% of the Colombian cocaine that enters the U.S. Law-enforcement officials fear drug violence is spilling into the U.S. and sending more Mexicans across the border illegally. "Whenever something impacts the border as dangerously as this does," says a high-ranking U.S. law-enforcement official, "Americans need to consider it a national-security issue." Mexican President Felipe Calderón, who has pledged to "give no quarter" to the cartels, has deployed 25,000 army troops to battle them...
...parents scrape together the €3,840-a-year fees? Because they want to give their kids a better chance to move up eventually in French society. The school - which takes elementary students to baccalaureate and vocational training - has earned a glowing reputation among universities and companies recruiting trained workers. Its director says almost all youths leave the school with a diploma or professional training certificate, and estimates around 90% of those who receive occupational training find jobs within six months. That's no small boast in an area where unemployment ranges from 25-40%. "You work harder here...
...White House press corps with a Mississippi mixture of down-home humor, cool confrontation and condescending courtliness, Spokesman Larry Speakes said he would be leaving in two months. He is not, however, being driven away by the scandal. For months he has been negotiating for a $250,000-a-year job as head of public relations for Merrill Lynch, the Wall Street investment firm once headed by Donald Regan. When reporters asked how he could leave in the middle of a crisis, Speakes replied that two months would be "enough time to serve the President in the current situation...