Word: growing
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...million gift from California philanthropists Eli and Edythe L. Broad will bring together researchers across the two universities, in what founders described as an unprecedented collaboration. The new Broad Institute will grow out of Whitehead’s programs, under the leadership of Eric S. Lander, a faculty member at both MIT and Whitehead and a key player in the completed Human Genome Project...
...will administer the institute, but the three institutions will oversee it jointly. MIT and Harvard have committed to raising $100 million each to support its research, and founders hope that with federal grants, the center will grow to be a more-than half billion dollar enterprise...
...table is, well, a lot like our own. Mrs. Weasley can cast a spell to make dirty dishes clean themselves, but she can't create new kitchenware out of thin air. Rowling has created a world in which a boy can fly on a broom, talk to snakes and grow gills like a fish, but he can no more easily cope with his crushing sadness about his dead parents than any other child. "She mixes the real-life struggles in with the imaginary, magic struggles," says Casey Brewer, 15, of Longwood, Fla. "Harry and his friends have to think through...
Over the past decade, remittances of wages from migrant workers to their native countries have risen 44%, to an estimated $138 billion last year, and they are projected to grow an additional 28% over the next three years. According to the Nilson Report, which tracks payment services, Western Union controls nearly 80% of the electronic money-transfer market in the U.S., the world's biggest sender of remittances, which helped it pick up a nicely rounded $1 billion in profit last year from $3.2 billion in revenue. But several years of 30% profit margins have drawn complaints of price gouging...
...tiny villages around the globe, Western Union serves as the main link to the global economy. About 100 miles south of Mexico City, in a valley framed by towering pre-Columbian ruins, sits Coatetelco, population 15,000, which has a beauty parlor but no bank. A few people grow maize, chilies and fruit, but remittances--mostly from agricultural or construction workers in Georgia and the Carolinas--account for a staggering 90% of the villagers' incomes. Patricio, 49, who stopped working in the U.S. three years ago, says sending money to Coatetelco has become more convenient and less expensive since...