News Alert: Bloomberg Investing $30 Million of His Money in Program to Aid Minority Youth

Breaking News Alert
The New York Times
Wednesday, August 3, 2011 -- 9:03 PM EDT
-----

Bloomberg Investing $30 Million of His Money in Program to Aid Minority Youth

The administration of Mayor Michael R. Bloomberg, in a blunt acknowledgment that thousands of young black and Latino men are cut off from New York's civic, educational and economic life, plans to spend nearly $130 million on far-reaching measures to improve their circumstances.

The program, the most ambitious policy push of Mr. Bloomberg's third term, would overhaul how the government interacts with a population of about 315,000 New Yorkers who are disproportionately undereducated, incarcerated and unemployed.

To pay for the endeavor in a time of fiscal austerity, the city is relying on an unusual source: Mr. Bloomberg himself, who intends to use his personal fortune to finance about a quarter of the cost, city officials said.

Read More:
http://www.nytimes.com/2011/08/04/nyregion/new-york-plan-will-aim-to-lift-minority-youth.html?emc=na

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Afternoon Update: Syria Sends In Tanks to Storm Center of Rebellious City

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August 3, 2011 Afternoon Update

TOP NEWS Syria Sends In Tanks to Storm Center of Rebellious City By NADA BAKRI and RICK GLADSTONE Syria ordered its military to storm through the city of Hama after three days of shelling, in what appeared to be a decisive step to crush the opposition. The Lede: Video Shows Tanks in Hama 2:18 PM ET Pressure Builds on Syria Mubarak on Trial, in Stark Image of Arab Upheaval By ANTHONY SHADID Egypt's ousted president, Hosni Mubarak, was wheeled into a courtroom cage in a hospital bed. The Caucus Debt Ceiling Now Permanent Part of Political Arsenal By MICHAEL D. SHEAR The threat of forcing the nation into a financial default will forever be a powerful tool used by lawmakers and presidents. Post a Comment Stalemate in Senate Leaves 4,000 Out of Work at F.A.A. Berlusconi Vows Not to Resign By RACHEL DONADIO As markets continued to hammer Italy, Prime Minister Silvio Berlusconi rebutted calls for his resignation, saying Italy's economic fundamentals were strong. Drilling Down One Tainted Water Well, and Concern There May Be More By IAN URBINA Industry executives as well as regulators have said that fracking has never contaminated underground drinking water. But there is at least one documented case. Documents: A Case of Fracking-Related Contamination • NYTimes.com Home Page »

Magazine Magazine Preview Interactive Feature: The Mean Streets of Athens Crimes by and against immigrants in Greece are on the rise while right-wing groups clamor for the expulsion of all illegal immigrants. Opinion Opinionator Mark Bittman: Can Big Food Regulate Itself? Fat Chance The food industry is fighting efforts to protect kids from junk food marketing with their own brand of spin.

BUSINESS Russia Becomes a Magnet for U.S. Fast-Food Chains By ANDREW E. KRAMER As the middle class emerges in Russia, so does a wider array of American fast food. U.S. Stocks Mixed Amid Continued Poor Economic Data By CHRISTINE HAUSER and MATTHEW SALTMARSH Shares in the United States steadied at midday, reversing a steep early decline that followed a disappointing report on the nation's service sector. U.S. Services Sector Slows 1:25 PM EDT Switzerland Takes Surprise Action to Weaken the Franc By LIZ ALDERMAN With the dollar withering under the United States debt trouble, the Swiss franc is as good as gold - a situation the Swiss National Bank moved to stifle. Worries Rise Over Spain and Italy Debt | Italy's Political Farce Security Firm Says It Found Global Cyberspying By DAVID BARBOZA and KEVIN DREW Targets of the attacks identified by McAfee included a wide range of governments and American corporations. Germany Investigating Facebook Tagging Feature By KEVIN J. O'BRIEN A German privacy regulator asked Facebook to disable a feature that applies facial recognition tools to user photos. • More Business News »

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Great Getaways: Antarctica Aboard the Ultimate Expedition Ship

ALL DESTINATIONS       ALL OFFERS       VIDEO GALLERY          Get your questions answered: 1.800.EXPEDITION (1-800-397-3348)            Go safely, aboard National Geographic Explorer with Lindblad Expeditions-National Geographic, the most experienced expedition company in Antarctica. Travel with the top ice team on an active exploration — hike, kayak and view the undersea with our ROV. Antarctica — The White Continent (14 Days) Experience the impossible beauty of the Antarctic ice. See huge tabular icebergs, hike hillsides covered in gentoo, Adélie or chinstrap penguins and kayak past seals. Stand on the 7th continent — a once-in-a-lifetime experience. Learn more >> Departures: 2012: Nov. 27, Dec. 7, 17, 27; 2013: Jan. 6, 16, 26, Feb. 5 Explore with Top Photographers Every Antarctica expedition sails with a National Geographic Photographer aboard — a top pro to help you get the most out of your camera and take advantage of Antarctica's long days of perfect light. Learn more >> Intrigued? Get our free DVD and brochure or have one delivered to your home for free.  Find & Follow Us Online! >> Interested in Galápagos, Alaska, Costa Rica or the Arctic? Sign up for our weekly e-mail or request a free brochure.  Reservations For more information or to make a reservation, please call your Travel Agent or our Expedition Specialists at 1-800-EXPEDITION (1-800-397-3348) or browse www.expeditions.com. Be sure to mention code 3WEBNYTG when making a reservation. See you on board! News Alert: Senate Fails to End Partial Shutdown at F.A.A. Breaking News Alert The New York Times Tuesday, August 2, 2011 -- 7:21 PM EDT ----- Senate Fails to End Partial Shutdown at F.A.A. After dealing with the debt crisis, Senate negotiators tried and failed Tuesday to end a stalemate over temporary funding for the Federal Aviation Administration, leaving 4,000 F.A.A. employees out of work and relying on airport safety inspectors to continue working without pay. The partial F.A.A. shutdown, which began July 23 and is likely to continue at least through Labor Day, has also idled tens of thousands of construction workers on airport projects around the country. Dozens of airport inspectors have been asked by the F.A.A. to work without pay and to charge their government travel expenses to their personal credit cards to keep airports operating safely. Read More: http://www.nytimes.com/2011/08/03/us/03faa.html?emc=na About This E-Mail You received this message because you are signed up to receive breaking news alerts from NYTimes.com. To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email NYTimes.com 620 Eighth Ave. New York, NY 10018 Copyright 2011 The New York Times Company News Alert: Stocks Slump More Than 2% Despite U.S. Debt Vote Breaking News Alert The New York Times Tuesday, August 2, 2011 -- 4:11 PM EDT ----- Stocks Slump More Than 2% Despite U.S. Debt Vote A Senate vote to pass the debt ceiling plan on Tuesday may have averted the potential for the United States to default on its obligations, but it failed to lift investors' spirits. The Dow Jones industrial average slumped 264 points by the close of trading. Within minutes of the news of the vote on the budget agreement, which had already passed the House on Monday, the three main indexes on Wall Street were down more than 1 percent. Stocks had slumped since the morning opening as investors weighed recent data that drove home the challenges the economy faces. Their next step: weighing the debt limit agreement's impact on the economy and whether it could possibly slow growth. Read More: http://www.nytimes.com/2011/08/03/business/daily-stock-market-activity.html?emc=na About This E-Mail You received this message because you are signed up to receive breaking news alerts from NYTimes.com. To unsubscribe, change your e-mail address or to sign up for daily headlines or other newsletters, go to: http://www.nytimes.com/email NYTimes.com 620 Eighth Ave. New York, NY 10018 Copyright 2011 The New York Times Company الاشتراك في: الرسائل (Atom) Popular Posts The Easy Way to Calculate a Tip in Your Head Here's the quick and easy way to figure the number out in your head.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ... Books Update: 'To End All Wars' If you have trouble reading this e-mail, go to: http://www.nytimes.com/indexes/2011/05/13/books/booksupdate/index.html ... 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