Word: settlement
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...rush is on to copy California. A group called Cures for Florida hopes to get a $1 billion initiative, modeled on Proposition 71, on the statewide ballot next year. Washington Governor Christine Gregoire last week signed a bill allotting $350 million from the state's tobacco-suit settlement to life-science research, which could include stem-cell work. But lawmakers who defeated a bill to protect stem-cell research have promised a fight over how the money is spent when it starts to flow in 2008. New Jersey is mulling a plan to devote $380 million to a research facility...
...talking GM here, the world's largest automaker--Kerkorian practically wrote the how-to book on such tactics. In the late '70s he loaded up on shares of Columbia Pictures, then turned into such a litigious nightmare that Columbia bought his stake for a 50% premium, a settlement that Fay Vincent, then CEO of Columbia, called "greenmail" (a characterization disputed by a Kerkorian spokesman). In the '90s Kerkorian was at the center of a gear-grinding saga with Chrysler. After buying a big stake and standing by for a few years, he launched a hostile takeover bid with Lee Iacocca...
...Roma adults and children in the camps; 44 proved to be massively contaminated by lead. The camps have still not been evacuated. Refugees live "the life of animals," says Agron Qosa, who forages for food on the dumps near Trepca. "We were told this would be our settlement only for 40 days. Now, six years after that promise, we are without any fundamental support," Roma representative Elizabeta Bajrami says. Last week Kosovar Prime Minister Bajram Kosumi pledged $257,000 for the relocation of the Roma and for pollution control. The United Nations hopes the problem will be solved...
Emerson College said it is not significantly altering its approach toward student-participation in sports victory celebrations, even after a record $5.1 million settlement from the City of Boston for the death of Emerson College student Victoria Snelgrove...
...part of the settlement, which is the largest in Boston’s history, the city will also contribute $100,000 to a scholarship fund and a public memorial, said Police Commissioner Kathleen O’Toole at a news conference on Monday...