February 20, 2014 |
One of the nation's largest private equity firms is scheduled to announce Friday that it is giving $3.5 million to create a joint entrepreneurship program at USC, UCLA and UC Irvine. The donation from the charitable arm of New York-based Blackstone Group will pay for hands-on entrepreneurial training for students interested in launching their own companies. The program is open to students majoring in any academic subject. The goal is to spur job creation in today's slow-growth economy, said Stephen Schwarzman, Blackstone's chairman and chief executive.
February 12, 2014 |
For the roughly 6,000 people each year who give up a kidney to someone in need of a transplant in the United States, a new study finds that generosity may come at a price: a roughly tenfold increased risk of kidney failure in the 15 years following their donation. That increased risk, however, tells only half the story -- and not, depending on how you look at things, the more important half. In the 15 years after he or she goes under the knife, a live kidney donor has a 0.3% likelihood of developing end-stage kidney disease requiring chronic dialysis or a transplant, researchers from Johns Hopkins University have found.
CALIFORNIA | LOCAL
February 11, 2014 |
USC ranked third among universities in the nation behind Stanford and Harvard for collecting the most contributions last year, according to a survey being released Wednesday. UCLA garnered the largest total of gifts of any public institution in the country, although it placed 11th among all universities, state and private, the survey by the Council for Aid to Education found. Stanford received $931.5 million; Harvard, $792.2 million and USC, $674.5 million. The next schools in the report's top 10, ranging from $646 million to $423 million, were all private institutions: Columbia, Johns Hopkins, University of Pennsylvania, Cornell, New York University, Yale and Duke.
CALIFORNIA | LOCAL
February 8, 2014 |
Though he lived in a region known worldwide for hyper-enthusiastic, round-the-clock innovating, Walter Cottle Lester wasn't a big fan of change. As Silicon Valley's subdivisions and office buildings surged around the farm his family had started more than a century before, he refused to sell. Reclusive and soft-spoken, he turned down potential earnings as high as $500 million. Instead, he arranged to donate his spread, the last big farm in the city of San Jose and one of the last in the sprawling Silicon Valley, for public use as a historic park.
CALIFORNIA | LOCAL
February 7, 2014 |
SACRAMENTO - Gov. Jerry Brown and Lt. Gov. Gavin Newsom are among 40 elected officials being notified by state ethics authorities that contributions they received from a lobbyist were improper. Lobbyists are not permitted to donate to, or arrange donations for, candidates for state office under California's campaign finance laws. Representatives for Brown and several other officials issued statements Friday saying their clients had no knowledge that lavish expenses for fundraisers from which they benefited in the past four years were paid for, at least in part, by a lobbying firm.
February 5, 2014 |
WWE has donated $25,000 to the East LA Boys & Girls Club as part of its Be a STAR anti-bullying initiative, which WWE co-founded with The Creative Coalition in 2011. The Be a STAR grant will support and fund parent workshops and training taught by local anti-bullying experts. “WWE is proud to implement its first-ever Be a STAR grant program, and offer five distinguished and deserving non-profits support for their anti-bullying programs,” said Stephanie McMahon, Chief Brand Officer, WWE. “Our hope is that these five grants will provide the additional resources needed to help combat bullying in their communities.” The others receiving grants were: The Armory Foundation, New York; Blue Star Families, Inc., Falls Church, Va.; DoSomething.org, New York and the National Voices for Equality, Education and Enlightenment, Fort Lauderdale, Fla.