Billionaire investor John Paulson, who credits his success on Wall Street to a top education, is donating $8.5 million to New York City's largest network of charter schools. The gift to Success Academy marks the 59-year old hedge fund manager's second multi-million dollar pledge to a school in two months, following a record $400 million donation to Harvard University in early June. Success Academy teaches roughly 11,000 children in 32 schools in some of the city's poorest neighborhoods.
Nearly 40 years after he obtained his green card, John Lennon has been honored in New York with a tapestry showing Manhattan as a yellow submarine and the late Beatle holding up a peace sign at the helm. Lennon's widow Yoko Ono and U2 rockers Bono and The Edge helped unveil the artwork at the Ellis Island National Museum of Immigration on July 29, proclaimed "John Lennon Day" by the New York City mayor's office. "John knew how urgent (peace) was," Ono said at the event.