Word: cashes
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Losing more than $1.6 million a day, Alitalia said in February that its cash reserves had dropped to $263 million. With money rapidly running out, and no good offers on the table, the board may well opt for filing bankruptcy to stave off creditors and force lay-offs and an organizational overhaul. Italian officials say most service would likely continue while the financial restructuring is underway...
...define leadership,” she said. Beck, who won the top honor, was instrumental in the creation of the Peer Advising Fellows program and organized a photo exhibit and brought guest speakers to campus after returning from an alternative spring break trip. Beck received a $1,500 cash stipend—funded through an endowment from Terrie Fried Bloom ’75—and a jewelry box. Grosso is the director of student internships at the Institute of Politics. Pasricha is a black-belt in martial arts who founded the Health Education Leadership Program, a non-profit...
...first A-list recording artist to leave a traditional label for a truck full of Live Nation cash. Madonna announced a 10 year, roughly $120 million deal in 2007, while U2 revealed a 12 year touring and merchandising partnership earlier this week. Still, luring Jay-Z is a major coup for the publicly traded Live Nation. He is not only one of the world's top-selling rappers and concert draws, he's a former record company president. "If the [ex] president of Def Jam decides it's time to get off the sinking ship," says a producer...
...officials indicating she owns 72 properties and has 54 bank accounts. Those records show Mayawati's wealth increased by more than 30 times over the past four years to $13 million - a fact she puts down to generous supporters who have showered her with gifts of jewelry, art and cash. Her aides say that the gifts are all fully recorded and accounted for, and stopped the moment she became Chief Minister. "These are absolutely bulls___ allegations," says Mishra. "She is not guilty of anything." (Mayawati declined numerous requests for an interview with TIME...
...then, that he appeared to have been undone by one of those events that defy political handlers and hit voters in the gut. In March his long-serving secretary, Grainne Carruth, broke down in tears in front of the inquiry investigating Ahern. She had testified that she made no cash deposits on Ahern's behalf, but after she was confronted with bank records proving the opposite, the tribunal chairman asked if she wished to consult a lawyer. She whispered back: "I just want to go home...