Billionaire investor Warren Buffett has pledged an additional $3 billion of Berkshire Hathaway shares to the charitable foundations run by his three children. Buffet has been giving about $64 million a year to each of his children's foundations. Now he's decided to up that amount to about $100 million a year.
Like many cities, Norwalk has been repeatedly forced to cut its school budget. But this year, a $10 million shortfall forced a demand for even steeper cuts and big concessions from the teachers union. As the new school year begins, wounds are still deep after the frustrating budget battle.
The major oil companies are looking to restart oil production in the Gulf of Mexico as quickly as possible, now that Isaac has passed. With nearly all the production platforms shut down, many people expected to see a rise in oil prices. But instead, they fell.
The farmers markets opening up in lower-income neighborhoods may not be as good a business for farmers, but they're helping build community. And they're making fresh food available that people might have thought was outside of their budget.
For every farmer who is hurting this year during the drought, others are benefiting. Many fields in the South, Northwest and Upper Midwest are producing bountiful corn crops. And because the drought has pushed prices to record highs, farmers who have corn to sell expect a terrific payday.
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