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Man robbed at Tallmadge Avenue eatery
Another winter punch heading toward Ohio
Four teens restrain man, take items from his Akron home
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Region makes way for latest batch of snow; cancellations rise
Cuyahoga Falls residents come home to find burning couch on balcony
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Blogs:
First Bell - On Education:
No City of Akron basketball tonight
Pets:
Pet telethon re-airs
The Heldenfiles:
Chipmunks "Squeakquel" on DVD/BD March 30
Akron Zips:
Late surge gives Zips ugly road win
Tribe Matters:
Blogmail response on Hafner
Cleveland Browns:
Stallworth's contract terminated
Balanced Ledger:
QB in Browns future: another mock draft
Kent State Sports:
KSU Notes – February 9
Cleveland Cavaliers:
NBA Power Rankings from Around the Internet
Buckeye Blogging:
Buckeyes grab 18 players on signing day
Varsity Letters:
Garfield at Buchtel basketball
All Da King's Men:
Palin At The Tea Party Convention
Blog of Mass Destruction:
Republican Pre-Conditions
Akron Law Café:
Law, Love and Chocolate
Car Chase:
Collector Car Hobby Loses One of the Best—Jim Roll
Let's Talk Real Estate:
Decisions Decisions: Credit Cards or Your Mortgage?
Ohio Travels with Betty:
Loucile is looking for a Lake Erie getaway in June for three kids, ages 1, 3, and 5.
Sound Check:
Talk of the Town – Top entertainment picks for the weekend
HRLite House:
OFCCP Report
Akron Gamer:
Makers of 'Castle Crashers' unveil 'BattleBlock Theater'
See Jane Style:
Do IT this week: Layering
By Associated Press
POSTED: 08:22 a.m. EST, Mar 03, 2009
CLEVELAND: With its endowment dwindling, John Carroll University in Cleveland has asked administrators and staff to take unpaid leave and faculty members to accept pay cuts.
University president Rev. Robert Niehoff says the Wall Street crisis has caused the school's endowment to lose 26 percent of its value, going from $177 million to about $130 million as of late December.
The fund's earnings are used to provide student financial aid, and Niehoff says that won't be reduced.
So, John Carroll's vice presidents will take a 5 percent pay cut. Other non-faculty employees have been told to pick 10 work days to stay home without pay in the next fiscal year, beginning June 1. Faculty have been asked to waive a provision in their contract so their salaries can be lowered.
CLEVELAND: With its endowment dwindling, John Carroll University in Cleveland has asked administrators and staff to take unpaid leave and faculty members to accept pay cuts.
University president Rev. Robert Niehoff says the Wall Street crisis has caused the school's endowment to lose 26 percent of its value, going from $177 million to about $130 million as of late December.
The fund's earnings are used to provide student financial aid, and Niehoff says that won't be reduced.
So, John Carroll's vice presidents will take a 5 percent pay cut. Other non-faculty employees have been told to pick 10 work days to stay home without pay in the next fiscal year, beginning June 1. Faculty have been asked to waive a provision in their contract so their salaries can be lowered.
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