Dispensing pricey glitter, Saudi and Libyan leaders were top gift-givers to US last yearWASHINGTON — When U.S. presidents and their diplomats meet some Arab leaders, they come away with more than an earful about foreign policy. They also get exquisite baubles, objects of gold, robes, art — even a papier mache Santa Claus. Charitable foundations average 26 percent endowment drop in 2008, but continue to giveSEATTLE — U.S. foundations saw their investments drop by an average of 26 percent in 2008 amid the economic downturn and stock market collapse, but that hasn’t slowed their charitable giving, a new survey has found. Citing dropping endowment, Harvard to cut 275 jobs, or about 2 percent of work forceCAMBRIDGE, Mass. — Harvard University is cutting 275 staff jobs as fallout continues from the school’s dropping endowment. Michigan boy, 14, completes 4-day, 100-mile trip in his wheelchair to raise money for charityBIG BAY, Mich. — A 14-year-old Michigan boy has completed a four-day, 100-mile trip in his wheelchair as part of a fundraiser. Buffett auctions off another charity lunch but bids may not top last year’s $2.1M winnerOMAHA, Neb. — Last year’s winning bid for lunch with legendary investor Warren Buffett topped $2.1 million, but given the economic turmoil, it’s questionable this year’s bidding will approach that level. Terrorist warchests growing with money from crime, businesses, drugs, corruptionPESHAWAR, Pakistan — He moved his finger slowly across his throat, to show that the Taliban kills truckers who don’t pay for safe passage through large swaths of territory near Afghanistan. Big fine could be big trouble for both defendants and recording industry in file-sharing caseMINNEAPOLIS — The $1.92 million verdict against a Minnesota woman accused of sharing 24 songs over the Internet could ratchet up the pressure on other defendants to settle with the recording industry — if the big fine can withstand an appeal. Princeton University biologists, Japanese scientist, French composer win Kyoto PrizesTOKYO — A husband-and-wife team of biologists from Princeton University are among the winners of this year’s Kyoto Prizes for their decades of research on evolution in the Galapagos Islands and will share an award of $515,000. US officials worried by signs that terrorist groups are recruiting Web-savvy cyberexpertsWASHINGTON — Terrorist groups that have long used the Internet to spread propaganda are increasingly tapping the Web to teach Islamic extremists how to be hackers, recruit techies for cyberwarfare and raise money through online fraud, U.S. officials say. Angelina Jolie, Brad Pitt donate $1 million to UN agency caring for Pakistan refugeesGENEVA — Angelina Jolie and Brad Pitt have donated $1 million to the U.N. refugee agency providing aid to hundreds of thousands uprooted by violence in Pakistan. Vintage news, earthshaking and obscure: Online archive of historical newspapers hits 1M pagesWASHINGTON — “Flying Machine that will Work: Ohio Boys have Solved a Big Mechanical Problem,” reads a headline from the Palestine Daily Herald in Texas. Recession’s toll: Charitable giving in US dropped in 2008 for first time in 2 decadesNEW YORK — Charitable giving by Americans fell by 2 percent in 2008 as the recession took root, only the second year-to-year decline in more than a half-century, according to an authoritative annual survey released Wednesday. World’s richest foundation suffers from recession, but remains the biggestSEATTLE — The Bill & Melinda Gates Foundation may be the world’s richest charitable foundation, but that hardly shields them from the economic downturn. Recession halves intake at Napa wine auction; organizers streamline approach for the timesST. HELENA, Calif. — The Napa Valley wine auction, an annual barometer of bling, scaled down this year with no celebrities, lowered expectations and a final tally of about $5.7 million, a little more than half the take last year. Gates Foundation doesn’t do fundraising, but took in $10.4M in donations last yearSEATTLE — The Bill & Melinda Gates Foundation’s annual report says it brought in $10.4 million in individual donations in 2008, without making an effort at fundraising. ‘Slumdog Millionaire’ child stars visit Hong Kong for charity performanceHONG KONG — The child stars of the Oscar-winning movie “Slumdog Millionaire” traded the shanties of Mumbai for Hong Kong’s skyscrapers Friday as they arrived for a charity fundraising performance. Ford Foundation gives $1 million to Detroit Symphony to aid fundraising effortsDETROIT — The Ford Foundation is boosting the struggling Detroit Symphony Orchestra with a three-year, $1 million grant to help expand its donor base. Obama nominates former GOP congressman to chair National Endowment for the HumanitiesWASHINGTON — President Barack Obama has nominated former Republican Rep. Jim Leach as chairman of the National Endowment for the Humanities. On anniversary of invasion, National D-Day Memorial risks financial ruin, possible closureBEDFORD, Va. — On the eve of the 65th anniversary of D-Day, the foundation that runs the National D-Day Memorial is on the brink of financial ruin. Former NC first lady now in the spotlight over questions about her public university jobRALEIGH, N.C. — As North Carolina’s first lady, Mary Easley mostly stayed out of the spotlight, content to focus on under-the-radar issues such as the arts and military families. Justice Department refuses to release documents in wiretapping case; showdown with judge loomsWASHINGTON — The Obama administration insists it has no obligation to provide access to a top secret document in a wiretapping case, setting up a showdown next week with the judge who ordered it released. Prince Harry visits school, plays on winning team in charity polo match on 2nd day of NYC tripNEW YORK — Prince Harry reminded New Yorkers on Saturday how much his mother had loved their city, then climbed onto a pony for a rousing game of polo to raise money for impoverished children in Africa. Prince Harry visits school, meets VIPs before charity polo match on 2nd day of NYC visitNEW YORK — Prince Harry followed in his mother’s footsteps Saturday by raising money for a charity that supports AIDS orphans as he played polo in a city Princess Diana loved. Prince Harry plays polo in NY to benefit AIDS orphans _ in a city his mother, Diana, lovedNEW YORK — Prince Harry is playing polo in New York and following in his mother’s footsteps by helping raise money for a charity for AIDS orphans. Justice Department refuses to release documents in wiretapping case; showdown with judge loomsWASHINGTON — The Obama administration insists it has no obligation to provide access to a top secret document in a wiretapping case, setting up a showdown next week with the judge who ordered it released. Mike, the famous headless chicken, feted in western Colorado and has followers abroadFRUITA, Colo. — Recession. Unemployment. Swine flu. Now’s the time for an inspiring story about one headless chicken’s will to live. Pakistan says 54 Taliban, 9 troops killed in Swat Valley as army battles toward main townMARDAN, Pakistan — The Pakistani army says 54 Taliban and nine troops have been killed in the northwestern Swat Valley and that government forces are fighting their way in on the ground. Double hand transplant donor’s sibling says brother would be proud, amused at ’stir he caused’PITTSBURGH — Jeff Keen wanted to help people, perhaps by becoming a nurse or a counselor. He died at 23 and never realized those career ambitions, but, in death, he is helping people through organ donation. Alpha Natural to buy Foundation Coal for about $1.4B creating one of biggest US coal producersCHARLESTON, W.Va. — Alpha Natural Resources said Tuesday it plans to buy rival Foundation Coal for about $1.4 billion in an all-stock deal that would create the nation’s third-largest coal producer. Alpha Natural to buy Foundation for about $1.4B creating one of biggest US coal producersCHARLESTON, W.Va. — Alpha Natural Resources said Tuesday it plans to buy rival Foundation Coal Holdings for about $1.4 billion in stock in a deal that would transform two regional companies into one of the nation’s largest coal producers. |
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