Word: payment
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...financial disaster for its principal owner, Public Service of New Hampshire, an otherwise healthy electric utility that has poured $2.1 billion into the plant. Strapped for cash, Public Service last week did something that utilities virtually never do: it defaulted. The company deliberately missed a $37.5 million semiannual interest payment on nearly a third of its $1.5 billion debt. Not since the Great Depression had a major investor-owned utility failed to meet its bond commitments. "We are in a heap of trouble," admits Robert Harrison, Public Service's president...
...Both payment and coupon must be enclosed within the envelope to receive a ticket...
...schools. Rarely has such an ordinary pitch received so much attention, but then this was no ordinary pitchman: it was Presidential Hopeful Jesse Jackson. The message, self-improvement through education, was vintage Jackson. The medium was a blitz of commercial advertisements for which Jackson was to receive an undisclosed payment...
...terms of the settlement eliminate the lowest federal level of payment at Cornell, which means there will be fewer people paid less than the federal poverty level for a family of four, $11,200 a year, Valentovich said. The number of workers below the federal poverty level was a major source of contention between the university and its employees...
Intelsat began getting suspicious a year ago, when Charles Gerrell, an Arkansas mortgage broker who was later convicted with Colino of conspiracy to commit fraud, demanded payment of a commission for arranging a construction loan. A spot internal audit discovered that no such payment was due. Further auditing by Peat Marwick revealed other oddities. In early December 1986, on his return from a jaunt to Australia, Colino found his eighth-floor office sealed off by armed guards. He was escorted from the building shouting, "I'm taking names! I'm going to kick butts when I get back in power...