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☆ Harvard and UPenn donors are furious. It may have a financial domino effect
▼ + stars: | 2023-10-19 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +9 min

Donors often give for specific purposes — facilities, faculty research, technology on campus, athletics, scholarships and financial aid for low-income students. The Wexner Foundation said it’s breaking off ties with Harvard University, alleging the school has been “tiptoeing” over Hamas’ attacks. Lawrence Summers, the former president of Harvard and US Treasury Secretary, has criticized the “morally unconscionable” student statement and Harvard leaders’ response. But he said that financial threats from donors were not the right solution to influencing universities’ positions on these issues. Organizers of the Palestine Writes festival denied that it embraced antisemitism, according to UPenn student newspaper The Daily Pennsylvanian.

Persons: ”, Lee Gardner, Adam Glanzman, Sara Harberson, ” Gardner, “, Indiana University’s, ” Harvard, Harvard “, Leslie Wexner, Abigail, Charles Mostoller, Claudine Gay, Boycott, Lawrence Summers, ” Summers, Jon Huntsman, Marc Rowan, Billionare Ronald Lauder, Susan Abulhawa, ” UPenn, Liz Magill, ” Magill Organizations: New, New York CNN, Harvard University, University of Pennsylvania, Ivy League, Harvard, Higher Education, Philanthropy, Bloomberg, Getty, “ Ivy League, Indiana, Indiana University’s Lilly Family School, “, ”, “ Revenue, Wexner Foundation, Palestinian, College Hall, Israel, Israel Fellows, Wexner, US, CNN, Wall, Daily, University Locations: New York, Israel, UPenn, United States, Philadelphia , Pennsylvania, U.S, “, Palestine, Palestinian

☆ The Ivy League donor backlash is a PR nightmare, and that’s the point
▼ + stars: | 2023-10-19 | by ( Allison Morrow | ) edition.cnn.com time to read: +7 min

Donors understand as well as anyone that pulling their funds won’t inflict significant financial damage on Ivy League institutions, which boast huge endowments, my colleague Nathaniel Meyersohn reports. But he said that financial threats from donors were not the right solution to influencing universities’ positions on these issues. At 5 million subscribers paying $3.99 a month, Snapchat+ is set to earn around $239 million in annual revenue. Still, analysts are intrigued by Snap’s user growth, especially for a company that’s been around for over a decade. “In my view, there’s significant value for a company that’s growing its installed base at this level,” said Angelo Zino, senior equity analyst at CFRA Research.

Persons: CNN Business ’, Nathaniel Meyersohn, Lee Gardner, ” Gardner, “, Indiana University’s, Lawrence Summers, ” Summers, TikTok, Twitter, Snapchat, Clare Duffy, it’s, we’ve, Clare, that’s, ”, Angelo Zino, you’ll Organizations: CNN Business, CNN, Harvard, Ivy League, Higher Education, “ Ivy League, Indiana, Indiana University’s Lilly Family School, Philanthropy, “, US, Netflix, Twitter, Facebook, CFRA Research Locations: Israel, United States, China

☆ Idaho becomes 5th state after Utah, South Carolina, Mississippi and Oklahoma to allow death by firing squads as companies limit use of drugs for lethal injections
▼ + stars: | 2023-03-25 | by ( Sarah Al-Arshani | ) www.businessinsider.com time to read: +3 min

The ban has created a shortage of drugs necessary to execute death row inmates by lethal injection, the AP reported. Amid the shortage, Idaho became the 5th state to reinstate death by firing squad. Brad Little signed HB 186 The bill would allow the use of the firing squad when lethal injection isn't available. The Associated Press reported that Mississippi, Utah, Oklahoma, and South Carolina also allow for the use of the firing squad. Ronnie Lee Gardner was executed at Utah State Prison after he was convicted of killing an attorney during a courthouse escape attempt.

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