Word: retainers
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...Phillipses seemed prosecutable. Child-neglect laws in nearly every state make parents who fail to obtain medical treatment for their seriously ill children liable. However, a 1974 federal child-care program made funding contingent on the states' exempting faith-healing parents. That requirement no longer exists, but 41 states retain exemptions from local civil-abuse and -neglect laws. In Oregon, Arkansas, Delaware, Iowa, Ohio and West Virginia there are also exemptions from criminal homicide or manslaughter charges. Says Gustafson: "I've spent nights trying to figure out a way to bring the message to this church that...
...same time, Americans' real wages (after inflation) have finally started to move up after three decades of declines or stagnation, as labor shortages force employers to pay premiums to hire and retain workers. "Wealth is the icing on the cake, but it's wages that bake the cake," says Diane Swonk, deputy chief economist at the bank First Chicago NBD. These gradual earnings gains might signal an increase in inflation, because compensation makes up the bulk of most employers' expenses. But the glory of the economy today is its remarkable balance. While labor costs are indeed rising, they are largely...
...money and paying it back through future royalties. So the loan--the up-front money--is free of income tax and in fact can generate a tax deduction: forfeiting royalties is partly an interest expense, deductible if the loan is used for investment. Once the bonds mature, the celebs retain ownership of the property that generated the royalties. If the royalties are greater than expected, the bonds get retired early. So the celebrities get all the upside...
Change is inevitable, but City Council members have ensured that the stretch of Mass. Ave. between Harvard and Central Squares will retain its residential character...
...across the country routinely return children to their biological parents despite prior neglect and abuse. In April a judge in New York ruled to reunite a five-year-old boy with his mother, who had killed her other son in 1994. In Figsboro, Va., a woman was allowed to retain custody of her eight-month-old daughter despite being charged with fracturing the infant's skull; the baby was stabbed to death on Mother's Day, and the mother has now been charged with murder...