Word: cash
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Chrysler's performance last month was weak compared to that of the competition, as Toyota, Honda, Volkswagen and Ford Motor Co. all posted healthy sales increases, thanks to the Cash for Clunkers program, which boosted industry-wide sales to the highest level in more than a year. (See the most exciting cars...
...shrinking University finances and recession-related budget cuts, one student organization—the Leadership Institute at Harvard College—just received a $50,000 cash infusion. The grant from the Flora Family Foundation, which supports public service initiatives, will be given to the student group in two yearly installments of $25,000. The money will be used to expand the Leadership Institute’s existing programs as well as develop new curriculum. The student-run Institute—started in 2004-2005—seeks to provide concrete leadership training to supplement academic education for students...
...coaching, sounding content in a recent interview. She was attending a track meet in Pudukkottai, where she returned after losing her medal. "It was difficult but now finally I feel O.K.," she says with a laugh. The state government of Tamil Nadu awarded her a television set and a cash prize as a show of support after Doha. Soundarajan took that money - a little more than $30,000 - and in 2007 started a sports academy in Pudukkottai. About 68 students now train there, including two who she says won medals at the Chennai marathon. "I like to train children...
...says it can recover $97.8 billion in "wasteful spending," partly through reductions in civil-servant-personnel costs and the upkeep of government offices, in order to realize its campaign promises over the next four years. Those promises include cash handouts to families with children, free high school education, free highways, a four-year freeze on consumption tax (now at 5%) and a curbing of bond issuances. The DPJ must deliver on its promises without increasing the level of deficit financing "to demonstrate that they're fiscally responsible," says Gerald Curtis, a Japanese-politics expert and professor at Columbia University...
...page indictment charges Olmert with multiple counts of fraud, breach of faith and deception. Prosecutors say Olmert double-billed for trips abroad on behalf of various charities and public bodies, including the Yad Vashem Holocaust memorial, and received tens of thousands of dollars in cash payments from Long Island, New York, financier Morris Talansky. Olmert vigorously denies the charges and says he will fight to clear his name...