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...debt could still prove troublesome, and hefty interest payments will cut into the company's ongoing profitability. But one antidote to heavy debt is a healthy stock price, which Ford increasingly enjoys. The stock is up from about a buck last November to a recent price of $7.30 per share, and in May, Ford was able to raise $1.6 billion through a common-stock offering of 345 million shares. GM, by contrast, is hoping to do an IPO next year. (Read "Despite Losses, Ford Still Spurns Federal...
...million to support the program—roughly $1 million per student—and the school has currently raised $34 million through a combination of re-purposed funds and donations, most notably, a $10 million grant from The Wallace Foundation, which “seeks to support and share effective ideas and practices that will strengthen education leadership, arts participation and out-of-school learning,” according to its Web site...
...song playlist emphasizes guitar-heavy songs - things the Beatles could have sung live. Some of the most infectious are those early, primitive classics from their first album, Please Please Me, which was released in 1963. As you start playing, especially if you're a novice, you may share Lennon's testy frustration, heard on the earliest of the box-set minidocs. "Get that bloody little mike out of my way," he grumbles, and McCartney soothingly replies, "Don't be nervous, John...
That may sound like a lot of money--Duncan plans to give his share to charity--but it's chump change compared with the kind of cash he gets to play with at work. The economic-stimulus bill passed by Congress in February included $100 billion in new education spending. Of that total, Duncan has $5 billion in discretionary funding. That money alone makes him the most powerful Education Secretary ever. "I had very little--in the single-digit millions," says Margaret Spellings, Duncan's predecessor. "That's millions, with...
...almost daily contact with [Shelby's] staff and have been going over the proposal with them literally line by line," says a senior Treasury department official. Shelby and the Senate Banking chair, Democrat Chris Dodd, have also been working together closely. "[Shelby's] folks are deeply engaged and we share the view that he wants to get something done," says the senior Treasury official. (Read "Geithner's Toxic-Asset Plan: Wall Street Finally Cheers...