Word: cashes
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Princeton’s endowment shrank by 23 percent this past fiscal year—beating Harvard’s 30 percent loss—but the decrease was buffered by the school’s decision to finance its operating expenses using bonds and other sources of cash, rather than drawing on its endowment...
...Cohen succumbs to the common misconception that Harvard’s endowment—admittedly still the largest of any university—is merely an ocean of cash that can be accessed on a moment’s notice, which is not at all the case. Sometimes, as the many budget cuts Harvard has made in the last year demonstrate, a wealthy organization still has a very real need for donations...
...domestic partners in May. The Ohio house of representatives passed a bill on Sept. 15 that would make it illegal to discriminate against gay people in housing and in the workplace. The same day, Cleveland's city council passed a law guaranteeing the Gay Games $2 million in cash and in-kind contributions. "The city of Cleveland is prepared to roll out the welcome mat to the LGBT athletes, their families and spectators from around the world," Cleveland Mayor Frank G. Jackson said in a press release...
...next 12 months are about getting the rest of the brand to the finish line. "Convincing the first person to sign up is easy," says analyst Champion. "Convincing the last person is much harder." IHG is going to have to do a good job of showing cash-constrained owners what returns they can get - and proving to road warriors that the changes have created a better hotel. "We've got to meet or exceed guest expectations consistently across the brand," says Bill DeForest, who counts one Holiday Inn among his 10 hotels and manages another, "or we're toast...
...performers from the nation’s most elite law school are now faced with slashed salaries, lay-offs and reduced hiring. The pre-crash ideal of fast-cash has been swept away by the brusque hand of the last two years of financial uncertainty...