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☆ Jason Furman on the case against student loan relief: We have an economy that hasn't landed softly
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJason Furman on the case against student loan relief: We have an economy that hasn't landed softlyJason Furman, Harvard’s Kennedy School of Government economics professor and former CEA chairman, joins 'Squawk Box' to discuss why he's against the Biden administration's student loan forgiveness proposal, why he believes the plan is poorly targeted and will make inflation worse, President Biden's budget proposal, FTC's ban on noncompete clauses, the Fed's interest rate outlook, and more.

Persons: Jason Furman, Biden's Organizations: Harvard’s Kennedy School of Government, Biden

☆ China's Xi tells U.S. CEOs that bilateral relations can have a 'brighter future'
▼ + stars: | 2024-03-28 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +3 min

China's President Xi Jinping speaks at an event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023. Carlos Barria | Afp | Getty ImagesBEIJING — Chinese President Xi Jinping told U.S. executives on Wednesday that bilateral relations can improve, and pledged that Beijing would keep working to improve the business environment. In the Chinese side's readout, Xi described China's economy as "sound and sustainable," and pushed back on some forecasts that the country would soon "peak." The National Committee on U.S.-China Relations did not provide a statement. "I commend [Xi's] personal engagement in the U.S.-China relationship, including a meeting like this.

Persons: Xi Jinping, Carlos Barria, Stephen Schwarzman, Cristiano Amon, Evan G, Greenberg, Harvard's John F, Dean Graham Allison, Craig Allen, Xi, Wang Yi, Zheng Shanjie, Commerce Wang Wentao, Rajesh Subramaniam, Chubb Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, APEC, Afp, Getty, U.S, China -, Blackstone, Qualcomm, Kennedy School of Government, U.S ., China Business, Authorities, National Development, Commerce, FedEx, CNBC, Committee Locations: Asia, San Francisco , California, BEIJING, Beijing, China, United States, U.S

☆ The ‘mainstreaming’ of ‘hateful and dehumanizing rhetoric’ in right-wing media is leading to violence, experts say
▼ + stars: | 2024-02-01 | by ( Oliver Darcy | ) edition.cnn.com time to read: +6 min

These are the toxic themes espoused in right-wing media, delivered each day through a mix of internet pipelines and broadcasts to millions of homes across the country. It’s part of a larger trend of right-wing violence afflicting the country. And it proliferates on social media platforms, where right-wing extremists maintain a loud presence and boast millions of followers. Rarely will you see a segment about the information crisis on the evening news or delivered prominently via other vessels of mainstream media. The language they use, she said, “winks at,” “nurtures,” and “flirts with violence,” but also offers them just enough “plausible deniability” when things go south.

Persons: Sinister globalists, “, ”, Donald Trump’s, Alex Jones ranted, ” Andrew McCabe, ” McCabe, you’re, ” Luke Baumgartner, ” Baumgartner, ” Juliette Kayyem, Kayyem, ” Kayyem Organizations: New, New York CNN, YouTube, Buffalo, El, El Paso Walmart, U.S . Capitol, Defamation League, ADL, Fox News, Klan, Extremism, George Washington University, Media, Republican Party, Homeland Security, Security, Global Health, Harvard’s Kennedy School of Government Locations: New York, America, Charlottesville, Charleston, El Paso, today’s America, U.S

☆ Alan Garber is Harvard's interim president after Claudine Gay's resignation. Here's what we know about him.
▼ + stars: | 2024-01-03 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Read previewFollowing Harvard President Claudine Gay's resignation Tuesday, the prestigious university announced its current provost will take on the role of interim president as the search begins for a new leader. Alan M. Garber, an economist and physician, has served as Harvard's provost and professor of economics, public policy, and healthcare policy for over 12 years. AdvertisementSince joining Harvard's faculty in 2011, Garber has been involved in Jewish clubs and events on campus, including Harvard Chabad and Hillel. Garber's interim stint as Harvard President comes after weeks of controversy surrounding the school's now-former president, Claudine Gay. "It is with a heavy heart but a deep love for Harvard that I write to share that I will be stepping down as president," Gay wrote in her resignation letter.

Persons: —, Claudine Gay's, Alan M, Garber, Alan Garber, Anne Yahanda, Brigham, Harvard Chabad, Hillel, I've, we've, Claudine Gay, Gay, Elizabeth Magill, Sally Kornbluth, Magill, Elise Stefanik, Bill Ackman Organizations: Service, Gay, Business, Harvard, Stanford, Boston's Harvard, Women's, Harvard Gazette, Hamas, Harvard Crimson, University, Harvard Corporation, Harvard Medical School, Harvard's, of Arts and Sciences, Harvard Kennedy School of Government, of Public Health, Stanford University, Department of Veterans Affairs, Health, System, Center for Health, Center for Primary Care, Research, of Pennsylvania, MIT, New York, Corporation Locations: Illinois, Chan

☆ Harvard board accepts Claudine Gay's resignation 'with sorrow.' It says she was subjected to 'deeply personal attacks.'
▼ + stars: | 2024-01-02 | by ( Clementine Fletcher | ) www.businessinsider.com time to read: +5 min

While the Harvard Corporation and faculty members backed Gay, the pressure continued. First and foremost, we thank President Gay for her deep and unwavering commitment to Harvard and to the pursuit of academic excellence. She believes passionately in Harvard's mission of education and research, and she cares profoundly about the people whose talents, ideas, and energy drive Harvard. An economist and a physician, he is a distinguished and wide-ranging scholar with appointments at Harvard Medical School, Harvard's Faculty of Arts and Sciences, the Harvard Kennedy School of Government, and the Harvard T.H. While President Gay has acknowledged missteps and has taken responsibility for them, it is also true that she has shown remarkable resilience in the face of deeply personal and sustained attacks.

Persons: Gay, Claudine Gay's, Alan M, Garber, –, missteps, Provost Garber, of Harvard College Penny Pritzker, Timothy R, Barakett, Kenneth I, Chenault Mariano, Florentino, Tino, Cuéllar Paul J, Finnegan Biddy Martin Karen Gordon Mills Diana L, Nelson Tracy P, Palandjian Shirley M, Tilghman Theodore V, Wells, Jr Organizations: Harvard Corporation, Harvard Community, Harvard, Social Science, of Arts and Sciences –, FAS, Harvard Medical School, Harvard's, of Arts and Sciences, Harvard Kennedy School of Government, of Public Health, of Harvard College Locations: MIT's, Chan

☆ Former researcher alleges Harvard forced her out to preserve Facebook donations
▼ + stars: | 2023-12-05 | by ( Eamon Javers | ) www.cnbc.com time to read: +13 min

WASHINGTON — Social media researcher Joan Donovan says she knows the exact moment her career began to go off the rails. "I got called into the principal's office and was questioned about why I'm talking about Facebook," Donovan said. In a statement to CNBC, Harvard Kennedy School Director of Public Affairs James Smith disputed Donovan's account of her departure. "The narrative is full of inaccuracies and baseless insinuations, particularly the suggestion that Harvard Kennedy School allowed Facebook to dictate its approach to research." Smith told CNBC that Harvard University and the Kennedy School continue to carry out misinformation and social media research to this day.

Persons: Harvard Kennedy, Joan Donovan, Donovan, John F, Frances Haugen, Haugen, Elliot Schrage, Schrage, Nick Clegg, Clegg, didn't, Douglas Elmendorf, Dean Elmendorf, Sheryl Sandberg, Sandberg, Elmendorf, Mark Zuckerberg, Priscilla Chan –, –, Zuckerberg's, Guillermo S, Hava, Eleanor V, Wikstrom, —, Chan, Public Affairs James Smith, Smith, Kennedy, Chan Zuckerberg, Donovan's Organizations: Harvard, Media Politics, WASHINGTON — Social, Harvard University, Kennedy School of Government, Dean's Council, CNBC, Meta, Facebook, Dean's, Kennedy School, Elmendorf, Harvard's Kennedy School, Twitter, Google, Washington Post, Initiative, Technology, Research, Whistleblower, Massachusetts, U.S . Department of Education's, Civil Rights, Harvard Kennedy School, Public Affairs, School, Kennedy, Media, Politics, Public, Tech, Chan Zuckerberg Initiative Locations: Malden, Harvard, Central, Dean's, FBarchive.org

☆ Former Harvard disinformation scholar says she was pushed out of her job after college faced pressure from Facebook
▼ + stars: | 2023-12-04 | by ( Donie O'Sullivan | Clare Duffy | ) edition.cnn.com time to read: +2 min

CNN —A nationally recognized online disinformation researcher has accused Harvard University of shutting the project she led to protect its relationship with mega-donor and Facebook founder Mark Zuckerberg. The allegations, made by Dr. Joan Donovan, raise questions about the influence the tech giant might have over seemingly independent research. Beginning in 2018, Dr. Donovan worked for the Shorenstein Center at Harvard University’s John F. Kennedy School of Government, and ran its Technology and Social Change Research Project, where she led studies of media manipulation campaigns. But last year Harvard informed Dr. Donovan it was shutting the project down, Donovan claims. The Chan Zuckerberg Initiative is the philanthropy run by Zuckerberg and his wife, Priscilla Chan, who both attended Harvard.

Persons: Mark Zuckerberg, Joan Donovan, Donovan, Harvard University’s John F, Dr, Miguel Cardona, Chan, Chan Zuckerberg, Zuckerberg, Priscilla Chan, ” Libby Liu, Frances Haugen, “ We’ve, ” Liu Organizations: CNN, Harvard University, Meta, Shorenstein, Harvard University’s, Kennedy School of Government, Technology, Research, Harvard, US Education, University, Initiative, The Washington Post, Post, Big Energy, Big Pharma

Known as a passionate and provocative theater advocate who pushed for boundary-breaking works and for classics to be adventurously modernized, Brustein founded both the Yale Repertory Theatre and the American Repertory Theatre at Harvard. He was dean of the Yale School of Drama from 1966-1979 and during that time founded the Yale Repertory Theatre. “They'll have an unresolved experience.”After a painful, highly publicized dismissal from Yale, Brustein in 1979 switched to Harvard, where he taught English and founded the American Repertory Theatre in 1980. At both Yale Rep and A.R.T., Brustein told The Boston Globe in 2012, he embraced popular theater with a nationalistic streak: “We were trying to liberate American theater from its British overseers. The light, absurd comedy, which gently mocks the lavishness of other musicals, premiered in 1994 at the American Repertory Theatre and was close to making it to Broadway.

Persons: — Robert Brustein, Brustein, Gideon Lester, Lester, Doreen Beinart, “, ”, Tony, Meryl Streep, Christopher Walken, Cherry Jones, Sigourney Weaver, James Naughton, James Lapine, Tony Shalhoub, Linda Lavin, Adam Rapp, William Ivey Long, Steve Zahn, Wendy Wasserstein, David Mamet, Peter Sellars, Lee Strasberg, Marilyn Monroe, William Shakespeare, Shakespeare, August Wilson, Isaac Bashevis Singer, ” “ Chekhov, Ice, George Polk, Barack Obama, Daniel, Norma Brustein, it’s, ___ Mark Kennedy Organizations: Fisher, Bard University, Yale Repertory Theatre, American Repertory Theatre, Harvard, New York Times, Tea Party, Suffolk University, Harvard University, The New, Fulbright, Cornell, Vassar, Yale School of Drama, Yale Rep, Broadway, Los Angeles Times, Yale, Institute, Advanced Theatre, Time, Boston Globe, “, Vineyard, Washington , D.C, Abington Theatre, Theatre, Globe, Journalism, American Academy of Arts and, Theatre Hall of Fame, Arts, White, Carr, for Human Rights, Kennedy School of Government Locations: Cambridge , Massachusetts, The New Republic, New York City, Amherst, Columbia, Brustein, American, Washington ,, New York, New, “, United States

☆ Read the new letter from Mitt Romney and billionaire Seth Klarman slamming Harvard's 'silence' over 'antisemitism on campus' as 'astounding'
▼ + stars: | 2023-10-24 | by ( Madeline Berg | ) www.businessinsider.com time to read: +4 min

A group of Harvard alum, including Mitt Romney and billionaire Seth Klarman, are condemning its leadership. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . On Monday, a group of Harvard alumni including Senator Mitt Romney and billionaire investor Seth Klarman wrote an open letter slamming the school's leadership and its response to purported antisemitism on campus. Other alums condemned Harvard's response to both the terrorist attacks and the student letter.

Persons: Mitt Romney, Seth Klarman, alums, —, Bill Helman, Bain, Mark Nunnelly, Joanna Jacobson, Claudine Gay, Bill Ackman, Les Wexner, Idan Ofer, Batia, Michael Hemesath Organizations: Harvard, Service, Harvard Palestine Solidarity Groups, Harvard's Kennedy School of Government, Ivy League, University of Pennsylvania, Carleton College, Saint John's University Locations: Israel, Gaza

☆ Billionaire donors are loudly boycotting Ivy Leagues. It may not hurt the schools as much as you think.
▼ + stars: | 2023-10-21 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

But the lost donations might not hurt the schools as much as you might think — at least when taken in isolation. The donors blasting Penn also have given sums that, by any standard, are enormous. Schools could battle a reputational blowUnless the pile-on keeps coming, which it very well might, these schools' bottom lines could be just fine. "As prominent donors withdraw support, other donors may take that as a signal of the loss of institutional focus on education, and these many smaller donors may decide that they too should withdraw support," he added. AdvertisementAdvertisementAt the same time, schools that shift their policies or statements in response to the backlash may be accused of pandering to donors.

Persons: —, Marc Rowan, alums, Huntsman, David Magerman, Clifford Asness, Ronald Lauder, Victoria's, Les Wexner, Michael Hemesath, Penn, Rowan, Lauder, Elizabeth Magill, Hemesath, Max Cavitch Organizations: Harvard, University of Pennsylvania, Service, Ivy League, Penn, Wexner Foundation, Carleton College, Saint John's University, Harvard Kennedy School of Government Locations: Israel, Wharton

☆ 'Law & Order' creator Dick Wolf threatens to pull funding from UPenn unless president resigns amid Israel-Hamas response backlash, CNN reports
▼ + stars: | 2023-10-21 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Dick Wolf threatened to stop funding UPenn amid backlash over the school's Israel-Hamas response. Wolf, an alumnus, is calling on the school's president and chair of the board of trustees to resign. His main criticism stems from a Palestinian literature festival held at the school before the war began. Wolf also expressed dismay at the notion that the Wolf Humanities Center "contributed to this hate fest," CNN reported. Representatives for Wolf and the Palestine Writes Literature Festival did not immediately respond to requests for comment from Insider.

Persons: Dick Wolf, Wolf, —, Liz Magill, Magill, Scott Bok, Clifford Asness, Marc Rowan, I've, Israel, Bill Ackman, Les Wexner, Idan Ofer Organizations: Service, University of Pennsylvania, CNN, Ivy League, Daily, Wolf Humanities Center, Wolf Humanities, Apollo, Harvard, Harvard's Kennedy School of Government Locations: Israel, Palestinian, Palestine

☆ Harvard has become the poster child for American culture wars in the 11 days since Hamas' terrorist attack on Israel. Here's what's happened.
▼ + stars: | 2023-10-18 | by ( Grace Dean | ) www.businessinsider.com time to read: +15 min

Harvard University has become a flashpoint in the intergenerational divide on the Israel-Hamas war. AdvertisementAdvertisementIn the 11 days since Palestinian militant group Hamas launched its terrorist attack on Israel, Harvard University has become a flashpoint for intergenerational tensions about the war — and the broader culture war around campus free speech. Hamas launches terrorist attacks on IsraelPalestinian militant group Hamas launched a series of terrorist attacks on Israel on October 7, with Israel retaliating. AdvertisementAdvertisement"These hateful Harvard students are the future leaders of our society," Rep. Ritchie Torres of New York wrote on X. Some student groups backtrackSome student groups that co-signed the original statement have since withdrawn their signatures.

Persons: Israel, —, Israel retaliating, Bill Ross, Ian Bremmer, Bremmer, Larry Summers, Tom Williams, Summers, Seth Moulton of, Moulton, Republican Sen, Ted Cruz, Rep, Ritchie Torres, Harvard Hillel, Bill Ackman, @harvard, Meredith Weenick, Weenick, Idan Ofer, Batia, Les Wexner, Ackman, Joe McCarthy, Claudine Gay, Craig F, Walker, Gay, Harvard Crimson, Israel's, Joseph Prezioso, Elise Stefanik, Win McNamee, Marc Rowan, Jon Huntsman Jr, Elizabeth Magill, Davis Polk, Wardwell, Winston, Strawn Organizations: Harvard University, Service, Hamas, Harvard, Republicans, Israel Palestinian, UN, Gaza's Hamas, Harvard Palestine Solidarity Groups, Harvard Undergraduate Palestine Solidarity Committee, Inc, Getty, Republican, New York, Palestine, Alpha, CNBC, Harvard Crimson, Conservative, Media, Harvard University Police Department, Quantum, Group, Harvard's Kennedy School of Government, CNN, Wexner Foundation, Bloomberg, Boston Globe, Nepali Student Association, Harvard Undergraduate Palestine Solidarity, Harvard Yard, New York Republican, New, Apollo Global Management, University of Pennsylvania, Huntsman, University, Columbia University, New York University, NYU Student Bar Association Locations: Israel, Gaza, Seth Moulton of Massachusetts, Ted Cruz of Texas, Harvard's, Harvard, Cambridge , Massachusetts, AFP, New York, Utah, Columbia

☆ Big money donors are slamming Ivy League universities and pulling funding over their response to the Israel-Hamas war
▼ + stars: | 2023-10-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

Wealthy donors are slamming elite US colleges for their responses to the Israel-Hamas war. Thousands of civilians have been injured or killed in Hamas' attacks on Israel and Israel's bombardments of Gaza. In the past week, wealthy college donors have closed their checkbooks, citing their disagreement with the universities' responses to the Israel-Hamas war. The Huntsman family recently notified Penn that it's stopping further donations to the Ivy League school. Thousands of people have been injured or killed in Hamas' terrorist attacks on Israel and Israel's bombardment of Gaza.

Persons: —, Marc Rowan, Rowan, Huntsman, Jon Huntsman Jr, Elizabeth Magill, Magill, David Magerman, Estée Lauder, Ronald Lauder, Les Wexner, Claudine Gay, Bill Ackman, Idan Ofer, Yoav Gallant Organizations: Service, Apollo Global Management, University of Pennsylvania's, Penn, Ivy League, Daily, Huntsman Foundation, University, Computer, Renaissance Technologies, Bloomberg, Harvard, Wexner, Kennedy School of Government Locations: Israel, Gaza, Utah, China, Russia, Singapore, Penn, Egypt

☆ Billionaire founder of Victoria's Secret pulls funding from Harvard, accusing the school of 'dismal failure' to take a stand for Israel
▼ + stars: | 2023-10-16 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

The Wexner Foundation accused Harvard of a "dismal failure" to condemn the Hamas attacks last week. AdvertisementAdvertisement"In the absence of this clear moral stand, we have determined that the Harvard Kennedy School and The Wexner Foundation are no longer compatible partners. The foundation supports a fellowship for government and public service professionals from Israel who pursue a one-year degree from the Harvard Kennedy School. The Kennedy School did not immediately respond to Insider's request for comment on this story. He launched The Wexner Foundation in 1983 with the goal of "strengthening leadership for the Jewish people," according to the foundation's website.

Persons: Les Wexner, —, Leslie, Abigail Wexner, Rabbi B, Abrahamson, Ra'anan, Jeffrey Epstein, Wexner, Epstein Organizations: Harvard, Wexner Foundation, Israel, Service, Ivy League, Wexner, Harvard Kennedy School, Kennedy School of, Israel Fellows, The Kennedy, Body Locations: Israel, Harvard

☆ Israel's richest man and his wife stepped down from a Harvard board, saying their faith in the school's leadership had been 'broken' over its response to the Hamas attacks
▼ + stars: | 2023-10-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

Israel's richest person and his wife have left the board of Harvard's Kennedy School of Government. They attributed their departure to the Ivy League college's response to Hamas' attacks on Israel. "Our faith in the University's leadership has been broken," Idan and Batia Ofer said in a statement. AdvertisementAdvertisementAn Israeli billionaire businessman and his wife stepped down from their positions on a Harvard University board over the school's response to the Hamas terror attacks on Israel. Harvard has struggled to navigate its response to the student groups' statement.

Persons: Batia Ofer, —, Idan Ofer, Ofer, Israel, Bill Ackman, Christine Gay, Gay Organizations: Harvard's Kennedy School of Government, Ivy League, Service, Harvard University, Quantum, Bloomberg, Harvard, Hamas, UN, Palestinian Ministry of Health, Harvard Palestine Solidarity Groups, CNN Locations: Israel, Palestinian, Gaza

☆ The Huntsman family says it's cutting off its mega-donations to University of Pennsylvania over 'antisemitism'
▼ + stars: | 2023-10-16 | by ( Madeline Berg | ) www.businessinsider.com time to read: +5 min

The Huntsman family halted donations to the University of Pennsylvania over its response to Hamas' terrorist attacks. The family, which has donated tens of millions to Penn, is the latest to "close its checkbook." AdvertisementAdvertisementThe Huntsman family has halted donations to the University of Pennsylvania due to its response to Hamas' terrorist attacks on Israel and the resulting war. AdvertisementAdvertisementThe late Jon Huntsman Sr. attended Wharton on scholarship and went on to become the billionaire CEO of chemical giant Huntsman Corp. Huntsman Jr. has had two stints on Penn's board of trustees. The Huntsman family did not respond to requests for comment ahead of publication.

Persons: Huntsman, —, Jon Huntsman Jr, Singapore —, Elizabeth Magill, Jon Huntsman, Wharton, Magill, Marc Rowan, Scott Bok, Rowan, Penn, Bill Ackman, Batia Ofer, Israel's Organizations: University of Pennsylvania, Service, Huntsman Foundation, Penn, Huntsman Corp, University, Apollo Global Management, Harvard, Harvard Palestine Solidarity Groups, Billionaire, Harvard's Kennedy School of Government, Yale, NYU, Stanford Locations: Penn, Israel, Utah, China, Russia, Singapore, Wharton, Palestine

☆ ‘Stunned and sickened.’ Wexner Foundation cuts ties with Harvard over ‘tiptoeing’ on Hamas
▼ + stars: | 2023-10-16 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —A nonprofit founded by former Victoria’s Secret billionaire Leslie Wexner and his wife Abigail is breaking off ties with Harvard University, alleging the school has been “tiptoeing” over Hamas’ terror attacks against Israel. Citing the “absence of this clear moral standard,” the Wexner Foundation said it has determined the Harvard Kennedy School is no longer a “compatible” partner for its organization. In a statement to CNN, Harvard reiterated comments by university leadership condemning both the attacks against Israel and terrorism. “We are grateful to the Wexner Foundation for its very longstanding support of student scholarships,” a Harvard spokesperson said in the statement. They feel abandoned,” the Wexner Foundation said.

Persons: Leslie Wexner, Abigail, ”, “, Larry Summers, ’, ” Summers, Obama, Clinton, Idan Ofer, Batia, Claudine Gay, ” Gay, Gay, Harvard “, Les Wexner, Wexner, Jeffrey Epstein Organizations: New, New York CNN, Harvard University, Harvard, Forbes, Wexner, Harvard Kennedy School, CNN, Wexner Foundation, University, “, North American Jewish, Kennedy School of Government, Israel Fellows, Body, Limited Brands Locations: New York, Israel, Bath

☆ Israeli billionaire blasts Harvard leadership and quits board in protest
▼ + stars: | 2023-10-13 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —Israeli billionaire Idan Ofer and his wife Batia are quitting a Harvard executive board in protest of how university leaders have responded to Hamas’ terror attacks on Israel. Idan Ofer has amassed a fortune valued at nearly $20 billion, according to Bloomberg’s billionaire index, where the Israeli ranks No. Instead, the resignation was driven by how Harvard leaders responded to the attacks on Israel, the source said. Idan Ofer is a son of shipping billionaire Sammy Ofer, who was once Israel’s richest man and died in 2011, according to Forbes. President of Harvard University Claudine Gay Brian Snyder/ReutersHarvard did not comment on the resignation and criticism from the Ofers.

Persons: Idan Ofer, Batia, “, Israel, ”, David Rubenstein, Sammy Ofer, Harvard University Claudine Gay Brian Snyder, Claudine Gay, ” Gay, Gay, Harvard “, Bill Ackman, That’s Organizations: New, New York CNN, Harvard, CNN, Harvard’s Kennedy School of Government, Kennedy, Forbes, Israel Corp, Kenon Holdings, Harvard University, Reuters Harvard, University, “ Locations: New York, Israel, Harvard’s

☆ Fmr. CEA chairman Jason Furman: Maybe what we're seeing here is labor supply, not labor demand
▼ + stars: | 2023-10-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. CEA chairman Jason Furman: Maybe what we're seeing here is labor supply, not labor demandJason Furman, Harvard’s Kennedy School of Government professor and former CEA chairman under President Obama, Tyler Goodspeed, Cato Institute adjunct scholar and former acting CEA chair, Sair Malik, Nuveen CIO, and CNBC’s Steve Liesman, join 'Squawk Box' to break down the September jobs report.

Persons: Jason Furman, Obama, Tyler Goodspeed, Sair Malik, Steve Liesman Organizations: Harvard’s Kennedy School of Government, Cato

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell swore in three members of the central bank's governing board Wednesday, including Philip Jefferson as vice chair and Adriana Kugler to fill a vacant seat as the central bank's first Latina governor. As Fed governors, they will vote at the Fed's eight yearly meetings on interest rate policies as well as on changes to financial regulations. Political Cartoons View All 1157 ImagesJefferson, who first joined the board last year, was sworn in as vice chair and will therefore work closely with Powell on interest rate policy. His term as vice chair will end Sept. 7, 2027, though he can remain on the board as a governor until 2036. She was a Marshall scholar at Oxford University and holds a Ph.D. in economics from the University of California, Berkeley.

Persons: Jerome Powell, Philip Jefferson, Adriana Kugler, Joe Biden, aren't, Kugler, Lael Brainard, Obama, Jefferson, Powell, Biden, Lisa Cook, Cook Organizations: WASHINGTON, —, Latina, Georgetown University, Fed, United States ’, World Bank, Labor, Davidson College, University of Virginia, Michigan State University, Harvard University’s Kennedy School of Government, Oxford University, University of California Locations: Georgetown, United States, North Carolina, Marshall, Berkeley

☆ 5 costly mistakes the Russian military has made since it invaded Ukraine
▼ + stars: | 2023-09-05 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +9 min

Coverage of the grueling conflict has, in part, been characterized by a litany of Russian military mistakes that began early and continue to crop up. Advertisement Advertisement Watch: VIDEO: Why Russia's military is failing so far in UkraineHere are 5 military mistakes Russia has made since February 24, 2022. Putin vowed Russian troops would take the Ukrainian capital of Kyiv within a matter of days. AdvertisementAdvertisementA man wearing a Ukrainian flag visits an avenue where destroyed Russian military vehicles have been displayed ahead of Independence Day in Kyiv, Ukraine, Monday, Aug. 21, 2023. There are several examples throughout the war of Russian troops and leaders harming their own side.

Persons: Vladimir Putin's, Putin, Efrem Lukatsky Putin, Michael Kofman, Calder Walton, ANATOLII STEPANOV, Serhii, aren't, Screengrab Organizations: Service, Kyiv, Center for Naval, Harvard University's Kennedy School of Government, Intelligence, Sunday Times, Javelin, Getty, High Mobility Artillery, Kremlin, Security Service, Russian Locations: Russia, Ukraine, Wall, Silicon, Kyiv Russia, Kyiv, Russian, Ukrainian, Bucha, Vuhledar, Oskol, Ukraine's Kharkiv, AFP, Makiivka, Donetsk Oblast, village's, Belgorod, Crimean, Kerch

☆ A Shocking Soccer Kiss Demonstrates the Power of Scandal
▼ + stars: | 2023-08-30 | by ( Amanda Taub | ) www.nytimes.com time to read: +2 min

By generating public outrage, scandals make inaction costly: suddenly, doing nothing risks an even greater backlash. And scandals can alter the other side of the equation, too: the powerful have less ability to retaliate if their erstwhile allies abandon them in order to avoid being tainted by the scandal themselves. The unifying power of scandalTo see how this pattern plays out, it’s helpful to look at the influence of scandal in a very different context. Politicians were reluctant to incur the costs of pursuing reforms that might provoke a backlash from police. And public opinion was often divided: while some demanded greater protections from state violence, others worried that police reforms would empower criminals.

Persons: Rubiales, ” Organizations: Spanish, Harvard’s Kennedy School of Government, Police Locations: Americas, Democracy

☆ Putin's invasion of Ukraine was his 'greatest intelligence fiasco,' spy expert says
▼ + stars: | 2023-08-20 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Russia's invasion of Ukraine was an "intelligence fiasco," an intelligence expert wrote in The Times. He said that Russia's FSB had failed to adequately prepare for the invasion of Ukraine. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyRussian President Vladimir Putin's invasion of Ukraine was his "greatest intelligence fiasco," an intelligence expert has claimed. It likely played a role in the FSB's failure to establish well-placed recruits to act as saboteurs and help Russian forces during the invasion, Walton wrote. "The time after the war, with all the expulsions, was a fateful time for the Russian intelligence system," a European intelligence official told the outlet.

Persons: Calder Walton, Vladimir Putin's, Walton, Putin, Celestino Arce, Der Spiegel, Der, Horst Jehmlich Organizations: The, Harvard University's Kennedy School of Government, Service, Sunday Times, Intelligence, Center for Strategic, International Studies, Guardian, Red Army Locations: Ukraine, The Times, Wall, Silicon, Russian, Ukraine's Kherson, Slovenia, Greece, Brazil, Norway, Netherlands, Dresden, East Germany, Soviet, West Germany

☆ Stability AI is sued by co-founder who says he was duped in to selling stake for $100
▼ + stars: | 2023-07-13 | by ( Jonathan Stempel | ) www.reuters.com time to read: +2 min

Hodes, a self-described "world-renowned thought leader" in artificial intelligence, said Stability AI and Mostaque also never revealed their talks with venture capital firms before Mostaque bought his stake in October 2021 and May 2022. Stability AI said in an email: "The suit is without merit and we will aggressively defend our position." He said he had worked "countless hours" since early 2020 at Stability AI, including on an ultimately unsuccessful project to help governments respond faster to the COVID-19 pandemic. Stability AI describes itself as the "world's leading open source generative AI company," whose technology is open to the public, as opposed to at closed source companies. In May, the stock photo provider Getty Images asked a London court to stop Stability AI from selling its image-generation system in Britain, citing alleged copyright violations.

Persons: Cyrus Hodes, Emad Mostaque, Mostaque, Hodes, Harvard University's John F, Jonathan Stempel, Matthew Lewis Organizations: YORK, United Arab, Harvard University's, Kennedy School of Government, Getty, Bloomberg News, Court, Northern District of, Thomson Locations: San Francisco federal, London, Hodes, United Arab Emirates, Britain, U.S, Northern District, Northern District of California, New York

Pan Gongsheng was appointed Saturday as the new Communist Party chief at the People’s Bank of China (PBOC), in a surprise move as Beijing bolsters its drive to arrest the country’s economic slowdown and stem a slide in its currency. Pan currently serves as the deputy governor of the PBOC. “My initial reaction is this suggests Xi [Jinping] is more concerned about China’s economy than before the 20th Party Congress,” Thomas said. Since then, he has spent nearly two decades working at large state-owned banks, including the Industrial and Commercial Bank of China (ICBC) and the Agricultural Bank of China (ABC). After returning to China, he was promoted to deputy governor at the PBOC in 2012.

Persons: Yi Gang, Pan Gongsheng, Janet Yellen, Pan, Yi, didn’t, Guo Shuqing, Neil Thomas, wasn’t, ” Thomas, Xi, Mao, Thomas, China’s, Biden, ” Organizations: Beijing CNN, Cambridge University, Harvard University, Communist Party, People’s Bank of China, Securities Times, CNN, Ant, Asia Society, Center for, Communist Party’s, Committee, 20th Party Congress, Wall Street Journal, Treasury Department, Renmin University of China, Industrial, Commercial Bank of China, Agricultural Bank of China, ABC, Harvard University’s Kennedy School of Government, State Administration of Foreign Exchange, Beijing, P Global, PMI Locations: Hong Kong, Beijing, China, Shanghai, Center for China, United States, West

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