Michael Roth News
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Grinnell College, whose $1.4 billion endowment benefitted from the guidance of billionaire investor Warren Buffett, is evaluating financial aid, acknowledging rising costs and investment declines make current policies unsustainable.
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Interpublic Group of Cos. plans to bolster business in new markets such as Brazil and China as researcher ZenithOptimedia cut its growth forecast for the advertising industry this year amid the European debt crisis.
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Interpublic Group of Companies Inc., the second-largest U.S. advertising company, forecast the London Olympics this summer won’t be enough to offset a tough ad market in Europe because of the sovereign-debt crisis.
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Billionaire Philip Anschutz is moving ahead with plans to build a $1 billion stadium in Los Angeles and lure two National Football League teams.
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Don Ahern, who built Ahern Rentals Inc. from mom-and-pop beginnings into an equipment empire with $382 million of annual revenue, is running out of time to keep his company out of the hands of buyout billionaire Tom Gores.
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Los Angeles hosts three playoff series this weekend, a boon for downtown’s Staples Center and a preview of the potential traffic gridlock that a proposed football stadium would add to the mix.
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An appeals court refused to reconsider a decision compelling the Federal Reserve Board to release documents identifying banks that might have failed without the U.S. government bailout.
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Wesleyan University, which sued its former endowment head for fraud last year, named Anne Martin of Yale University’s fund as its new chief investment officer.
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Madison Square Garden Co., the sports and entertainment company that owns the New York Knicks, will acquire the former home of the Los Angeles Lakers and Kings for $23.5 million.
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Los Angeles taxpayers are footing an annual bill of almost $14 million for a convention center expansion that was projected to be self-supporting 26 years ago.
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