Word: one-year
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...Clark-Commonwealth collaboration is part of Chicago's Adopt-a-School program, designed to shore up urban public schools at a time of financial crisis with aid from the private sector. The ground rules: companies must make a one-year commitment, promise to work with students on the average of once a week, and develop programs that try both to improve student motivation and beef up the basics of reading, writing and mathematics. So far this year, 102 companies and organizations have adopted 116 of Chicago's 604 public schools. Says Superintendent Ruth Love of the program...
...recent years, MIT professors charge, Harvard has launched an attack on it much higher scale. In its latest foray into MIT, Harvard snapped up the department's brightest young star, Lawrence J. Summers, who will join the Faculty after a one-year stint on the staff of the Council of Economic Advisors. "He was hired away at the last minute," complains MIT Department Chairman E. Cary Brown. "We were counting on him to fill a very serious need here...
...gift, from the Aetna Life & Casualty Foundation. Inc.. is the third $1 million donation the center has received in its one-year history. The money will establish a professorship of public policy and corporate management within the center...
...Chrysler workers were saying they deserved more, not less. With the balloting half over, members of the United Auto Workers were rejecting a new contract with Chrysler Corp. by a lopsided 50% margin. Although the voting does not formally end until this week, union officials privately conceded that the one-year package covering some 50,000 Chrysler employees was dead...
When billions of dollars are at stake, even the most reserved of bankers and brokers start chasing after customers. Last week marked the first anniversary of the beginning of the much ballyhooed All Savers program. Thus as some $31 billion worth of the one-year, tax-exempt savings certificates began to come due this month in banks and savings and loan associations around the country, it was no surprise that moneymen were in hot pursuit of all that cash...