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Word: annualized (lookup in dictionary) (lookup stats)
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...Increase penalties for larger employers who do not offer health insurance and have at least one employee who qualifies for federal subsidies. Companies with more than 50 employees would have to pay an annual $2,000 penalty for each worker at the firm, even if only one qualified for subsidies. (Penalties assessed for the first 30 workers would be waived, however...

Author: /time Magazine | Title: How Dems Got the Score They Wanted on Health Reform | 3/19/2010 | See Source »

...Geico puts together a video each year to play at the company's annual employees meeting, which was held in February. Geico employees star in the video and film it, and Buffett has taken part in the shoot for the past four years, says Phil Ovuka, director of creative media services at Geico. Buffett played a DJ one year and a hobo another year. This year, Ovuka wanted to push the envelope a little further. "We thought, What's the most ridiculous getup we could think up for Warren - and thought, Nah, we can't do that," says Ovuka...

Author: /time Magazine | Title: Warren Buffett Plays a Guns N' Roses Rock Star | 3/18/2010 | See Source »

...When the International Commission for the Conservation of Atlantic Tunas (ICCAT), an inter-governmental regulatory body that oversees the world's annual tuna catch, failed last year to follow the recommendations of its own scientists and drastically reduce quotas for the fish, the tiny principality of Monaco drafted a proposal to include the fish on CITES Appendix 1. The appendix, which bans trade in endangered species, has - with the exception of certain whales and dolphins - historically excluded marine life, and Japan, which consumes about 80% of the 60,000 tons of bluefin caught each year, promised to vote against...

Author: /time Magazine | Title: Why a Proposed Ban on Bluefin Tuna Fishing Failed | 3/18/2010 | See Source »

...percent increase in tuition, room, and board—a deviation from the annual 3.5 percent growth in expenses over the past two years—is still lower than the average yearly 4.5 percent increase in total costs from 1997 to 2008. The hike is also lower than the average increase in combined expenses across the Ivy League for the 2010-2011 academic year, which is currently at 4.2 percent, though Columbia has yet to report next year’s tuition...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Harvard College Hikes Costs Past $50,000 | 3/18/2010 | See Source »

Nationwide, increases in college tuition typically double the rate of inflation. Yesterday, the Dow Jones Newswires reported that the breakeven rate, considered to be a forecast of the inflation rate, indicated that investors anticipated an annual inflation rate of 2.25 percent throughout the decade...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Harvard College Hikes Costs Past $50,000 | 3/18/2010 | See Source »

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