Michael Jackson is among the best-paid stars in show biz. Yet, he's owed still more money - about $70,300 - that he apparently has forgotten about. It's being held in escrow by Phonographic Performance Ltd., which collects and distributes royalties from British radio stations. In Jackson's case it's for the hit single "Say, Say, Say." But he is only one of 7,000 artists for whom PPL is keeping $14.1 million in unclaimed cash - some of it since 1996. Said an agency official: "The money is burning a hole in our pockets, but we just can't get rid of it."
According to the Census Bureau, only two towns in the US are named Valentine - one in Nebraska (population 2,820) and the other in Texas (187 residents at the time of the 2000 survey). Not surprisingly, their postmarks are in hot demand as Feb. 14 approaches.
Foreign nationals seeking to improve their professional viability with a degree in business administration may want to focus on US schools, which claimed seven of 10 top spots on a ranking, by London's respected Financial Times (FT) newspaper, of the world's best places to earn a master's in the field. Programs were rated on diversity and research as well as how quickly alumni climb the career ladder. The FT's top 10 international business schools:
1. Wharton School, University of Pennsylvania; Philadelphia
2. Harvard Business School, Boston
3. Columbia Business School; New York
(tie) Stanford University, Calif.
(tie) University of Chicago
6. Insead; Fontainebleau, France
(tie) Sloan School, Massachusetts Institute of Technology; Cambridge, Mass.
8. Stern School, New York University
9. London Business School
10. Kellogg School, Northwestern University; Evanston, Ill.
- Business Wire