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McGrath Studios’ yearly payment of $21,000 (1400 students at $15 each) to HYP is well worth it, because Harvard students buy roughly $70,000 worth of prints each year. The cheapest package is $39.95 and some students spend up to $400. Bob McGrath said 50 percent of students place an order, which is very high compared to other colleges, where he said 25 percent of students typically place orders. At Harvard, the average order is worth roughly $100. This means that McGrath can expect an average return of $50 in sales per photo shoot (since he gets...
...fiscal 2005--a number many budget experts believe must be doubled or tripled to cover the actual cost during the coming year. But the Administration has so far refused to detail how it would spend the money, something that doesn't sit well with lawmakers who know, thanks to Bob Woodward's latest book, that the Pentagon secretly shuffled $700 million in 2002 to pay for secret war planning in Iraq--without telling Congress. "What assurance do we have that these funds," asked Robert Byrd of West Virginia, "will ... not be diverted into some kind of dual-use activities that...
...General Motors, company executives are once again deflecting charges that the firm is missing out on a hot new market and will have to play catch-up. GM has for years been publicly dismissive of hybrid cars. In January, vice chairman Bob Lutz described hybrids as "an interesting curiosity" and said, "We will make some," but added that they didn't make much sense with gasoline at $1.50 per gal. Gas prices are up 30% since then, but GM officials insist their strategy has not changed. The focus is still on delivering hybrid versions of SUVs and pickups while devoting...
...train, which never came. While waiting, he lovingly pointed out the faded markings of long-defunct railroads on passing trains. "Railroads built this country, and people seem to forget that," he said, raindrops coating his oversize glasses. Almeida tries to find humor in the new age of scrutiny. Says Bob Weiler, a fellow railfan: "John's got four cameras. No terrorist would do that." "Unless," says Almeida, "I was brilliant...
...white jury acquitted Bryant's husband Roy and his half brother J.W. Milam in a sham trial, Till's death was a touchstone for black America, fueling support for the Montgomery, Ala., bus boycott that same year. Whites were slower on the uptake, prompting a young singer named Bob Dylan to warn in 1963, "If you can't speak out against this kind of thing, a crime that's so unjust/Your eyes are filled with dead men's dirt, your mind is filled with dust...