Theodore L. Jones has held season tickets on the 43-yard line at Tiger Stadium, home of the perennial football powerhouse Louisiana State University, for almost 20 years. Because of the Baton Rouge lawyer’s lobbying in Congress in 1986, he and thousands of other fans get a tax break on donations they make as a condition for buying seats.
Princeton University President Shirley Tilghman said she worried she wasn’t qualified 11 years ago when the search committee urged her to apply for the post. A renowned molecular biologist, Tilghman sought the advice of then Princeton President Harold T. Shapiro, who was retiring.
Sam Byrne and Billy Collins had Pioneer Mountain at the Yellowstone Club to themselves, as usual. They were belting down the freshly groomed corduroy, carving fast, giant-slalom turns last year when--bam!--they collided, hard.
AstraZeneca Plc suspended share buybacks as the board and new Chief Executive Officer Pascal Soriot review strategy at the U.K. drugmaker, prompting renewed speculation that the company will embark on larger takeovers.
Colleges from Bowdoin in Maine to Pitzer in California dropped the SAT entrance exam as a requirement, saying it favors the affluent, penalizes minorities and doesn’t predict academic success. What they don’t advertise is they find future students by buying names of kids who do well on the test.
Prescient bets against the stock market have helped endowment manager Alice Handy regularly beat the Standard & Poor’s 500 Index. Handy, who manages money for Smith, Barnard and Middlebury colleges at a firm she founded called Investure LLC, has also done something more satisfying: vanquish Harvard and Yale.
The record $2.3 billion sale of the Los Angeles Dodgers, buoyed by a projected windfall from the sale of its broadcast rights, doesn’t necessarily mean the value of professional sports franchises will continue to rise, according to Leo Hindery Jr., who helped establish the Yankees Entertainment & Sports Network.
The Los Angeles Dodgers’ new ownership group is confident about making a return on its record $2.3 billion investment and the addition of All-Stars Hanley Ramirez, Adrian Gonzalez, Josh Beckett and Carl Crawford fits into that plan, Chief Executive Officer Stan Kasten said.