Katrina Survivors Who Fled Alone Are Better Off, Study Finds
A report released on Monday by the Appleseed Foundation, a nonprofit organization that promotes social justice, found that victims of Hurricane Katrina who fled on their own have fared better than those who were rescued, reports the Associated Press. The study, which was conducted by seven law…
Pakistani Charity May Have Supported Alleged Would-Be Terrorists
Pakistani charity investigated for ties to terrorism plot
College Endowments Are Thriving
Once a backwater of the investment world, U.S. colleges and universities are now among the world’s most admired investors, worth about $300-billion, reports Newsweek. But as universities continue to build big endowments, some alumni are beginning to wonder why tuition fees are also increasing. A…
Gates Foundation’s New Money Brings Challenges
Warren E. Buffett’s $31-billion gift to the Bill & Melinda Gates Foundation has brought with it a new set of challenges, reports The New York Times. With the new gift, the foundation must give out twice as much money as it has in the past. The foundation’s growth has revived arguments that its…
North Korea Allows Aid Shipment
North Korea has approved a one-time shipment of rice by the South Korea Red Cross after first turning down offers of aid, reports Reuters. The rice, as much as 100,000 tons, comes after massive flooding in July. South Korea cut off its regular shipments of food aid to North Korea after the country…
Corporate Executive Donates $40-Million to Spur Engineering
Corporate executive gives $40-million to encourage engineering education
New Fund Will Lend Money to Public-Radio Stations
New fund will lend money to public-radio institutions
Debate Erupts Over Federal Money for AIDS Charities
Some AIDS organizations are worried about a Senate plan to change the rules for how such charities spend federal aid, reports Reuters. A Senate bill sponsored by Sen. Mike Enzi, Republican of Wyoming, and Sen. Edward M. Kennedy, Democrat of Massachusetts, would require three-quarters of the money…
A “Cultural Building Boom” Under Way in New York
A “cultural building boom” is under way in New York City, reports The New York Times, with more than 60 arts institutions undertaking, or recently completing, renovations or new construction worth more than $2.8-billion. Some experts are concerned that all the spending on buildings could drain…