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...outperformed its benchmarks in all but two asset classes, with particularly strong performance from international equities, emerging equities, and commodities. Emerging markets earned the highest returns, at 37.8 percent, in line with HMC’s increased emphasis on a global outlook...

Author: By Cyrus M. Mossavar-rahmani, CRIMSON STAFF WRITER | Title: University Endowment Reaches Record Highs, But Growth Rate Slows | 9/19/2006 | See Source »

Bull riding has always been about macho cowboy culture. Now it has something else going for it: a burgeoning TV audience. On cable channel oln, bull riding is among the highest-rated shows, handily beating broadcasts of NHL hockey games. An nbc broadcast of the PBR finals last year drew more viewers than the average audience for the Stanley Cup finals. And now Fox is on board. After Sunday football games this fall, the network plans to show two PBR events, including a broadcast from the finals in Las Vegas on Oct. 29. "This is a pivotal moment...

Author: /time Magazine | Title: Bring On the Bulls | 9/18/2006 | See Source »

...million Number of children in the world deprived of a primary school education because of war and conflict, according to a new report 89% Percentage of primary-age children not in school in war-torn Somalia, the highest proportion in the world...

Author: /time Magazine | Title: Milestones | 9/18/2006 | See Source »

...Navy is stepping up its "listening and learning" in the Persian Gulf but nothing more--a prudent step, he added, after Iran tested surface-to-ship missiles there in August during a two-week military exercise. And yet from the State Department to the White House to the highest reaches of the military command, there is a growing sense that a showdown with Iran--over its suspected quest for nuclear weapons, its threats against Israel and its bid for dominance of the world's richest oil region--may be impossible to avoid. The chief of the U.S. Central Command (Centcom...

Author: /time Magazine | Title: The Plan for War Against Iran | 9/17/2006 | See Source »

...Rather than heads rolling for infractions, the Cabinet agency has become a fault-free zone, Devaney claims. "Short of a crime, anything goes at the highest levels of the Department of Interior," says the former Secret Service agent. "Ethics failures on the part of senior department officials-taking the form of appearances of impropriety, favoritism, and bias-have been routinely dismissed with a promise 'not to do it again.'" In numerous instances top officials who leave the department under a cloud, said Devaney, "are sent off with a party paying tribute to their good service...

Author: /time Magazine | Title: Department of Billion-dollar Bungling | 9/16/2006 | See Source »

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