Give more independence to the Scots—paired with a statement that there will be no more votes for a long time to come
The move comes as GM's blue-chip brand is finally considered in range of—if not quite on par with—the best German luxury rides
Unresolved economic conflicts simmer during a tenuous cease-fire
In becoming Oracle's chairman and chief technology officer, Ellison will leave the software giant he founded in the hands of co-chief executive officers Mark Hurd and Safra Katz
The popular premixed funds are supposed to get more conservative as retirement gets closer. What “conservative” means is open to interpretation
With "activity-based working," you lose your desk and gain your freedom—all for better efficiency
The NFL is facing its worst crisis in 50 years. Why is Commissioner Goodell so sure he won't lose his job?
Two dozen live shows will broadcast professors' ideas for 40 hours a week, serving as a way to broaden Wharton's reach
A report finds high default rates on franchise loans
2004-08 Giving* $2,625 million
Bill and Melinda Gates give through their massive Seattle-based family foundation, which says it is "committed to ensuring all people have the opportunity to lead healthy, productive lives." With an endowment of nearly $36 billion, the foundation works with partners to give people a chance to lift themselves out of hunger and extreme poverty in developing countries and, in the U.S., to ensure that all people have the opportunities they need to succeed in school and life. Its endowment is eventually expected to double, thanks to a long-term $31 billion gift from investor Warren Buffett, which pays out in installments. Recent initiatives include $100 million in micro medical-research grants; a $164 million grant to the Alliance for a Green Revolution in Africa; and $125 million to fight global tobacco use as part of a $500 million partnership with New York City Mayor Michael Bloomberg.
For more, visit the Gates Foundation topic on Business Exchange.
*Based on public records and interviews with donors
Data: BusinessWeek, The Chronicle of Philanthropy and the Center on Philanthropy at Indiana University