Word: summers
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...been under investigation by the Department of Justice since last summer for allegedly helping wealthy Americans hide $20 billion in undisclosed offshore accounts to evade taxes. To absolve itself of criminal charges, the bank, one of the world's largest wealth managers, agreed to pay a $780 million penalty and release the names of 250 clients whom the Internal Revenue Service suspected of evading taxes. (See pictures of tea-party tax protests...
...Gist: It's rare that a summer intern gets to author a report under the masthead of Morgan Stanley. But such is the luck of Matthew Robson. When the research arm of the vaunted financial giant asked the 15-year-old Brit to explain exactly how teenagers are using all these shiny new gadgets like cell phones, video games and the Internet, Robson gave them a concise summary that's impressive coming from a teen - but not exactly groundbreaking. Except, perhaps, to the financial set: an inexplicably enthused Morgan Stanley published Robson's anecdotes online under the lofty title...
During these dog days of summer, the nation's department stores are still cold. According to the retail-sales statistics released by the Commerce Department on July 14, June department store sales dipped 1.3% compared to sales in May of this year, and were down 9.4% compared with June of 2008. So to prop up sales before the back-to-school season, one major player is asking Santa, of all people, for some help...
...Park. We decided to wait for free tickets to the Public Theater's latest Shakespeare in the Park production at the Delacorte—Twelfth Night with Raúl Esparza, Anne Hathaway, Audra McDonald, and Julie White. It's a thing to do in New York City during the summer on a limited budget. The culturally-aware, unpaid intern gets in line. A very, very long line...
...nation's economic crisis is forcing schools to take unprecedented steps to survive: laying off teachers, cutting bus services, eliminating summer classes. But more drastic measures may not be far off. Could the next step in saving American education be Introduction to Nutrition, Sponsored by McDonald's or PricewaterhouseCoopers' Financial Accounting...