Word: financeseated
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This divestment will not greatly effect Harvard’s finances. Currently, only 0.5 percent of the endowment is invested with arms manufacturers—a sum that could easily be reinvested with just as high a rate of return in companies that are not morally deplorable.
Tom Ridge told Americans to seal their homes against chemical attack. Although that bounce was short-lived, rumors that the German firm will be sold and the performance of its products, such as Nivea creme, have helped its stock rise 13% in two weeks. COGNITEC: This tiny German tech company...
The King of Saudi Arabia, Abd-Al-Aziz ibn Saud, had authorized a team of American engineers to explore the trackless desert bordering the Persian Gulf, an arid landscape marked only by the occasional palm-fringed oasis. He hoped they would find water. A tribal leader with precarious finances, Ibn...
Rev up the engines. To publicize her sixth book, The Laws of Money, the Lessons of Life (Free Press), Suze Orman is going on a 21-city bus tour, a tactic more suited to a rock star than a personal-finance guru. Why not? Orman, the popular TV commentator and...
When Giovanni Agnelli died in January at age 81, all Italy mourned the passing of a legend. Handsome, dashing and impeccably connected, he personified Italy's growing postwar affluence. But by the end of his life, his family's affairs were a mess. In the two months since his death...