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CNN —Florida A&M University is putting a purported $237.75 million donation “on pause,” after media reports and college board leaders raised concerns about the actual value of the stock gift—and the details surrounding the donor’s previous donations. South Carolina’s Coastal Carolina University had announced a $95 million donation from an anonymous donor, who then backed out months later. At an emergency board meeting on Thursday, FAMU board of trustee and foundation members expressed their concerns and frustration about the school’s vetting process involving Gerami’s donation. He referred questions to the university and agreed to answer CNN’s questions on the following day, but he couldn’t be reached. FAMU’s Special Board of Trustees, which oversees the full school and the foundation, has scheduled a meeting for May 15 to discuss the donation.

Persons: ”, Larry Robinson, It’s, Gregory Gerami, Robinson, Gerami, Deveron Gibbons, ” Gibbons, “, Gibbons, Kristin Harper, ” Harper, FAMU, Stroud, Terry Arnold Organizations: CNN, Florida, M University, Batterson Farms Corp, Politico, Carolina’s Coastal Carolina University, Myrtle Beach Sun News, FAMU Foundation, university’s, Trustees, Foundation Board, University Advancement Shawnta, FAMU Locations: Texas, Carolina’s, Florida

☆ Opinion | A Failure of Leadership at American Universities
▼ + stars: | 2024-05-11 | by ( The Editorial Board | ) www.nytimes.com time to read: +2 min

Protesting the world’s wrongs has been a rite of passage for generations of American youth, buoyed by our strong laws protecting free speech and free assembly. The highest calling of a university is to craft a culture of open inquiry, one where both free speech and academic freedom are held as ideals. The Constitutional right to free speech is the protection against government interference restricting speech. In the real world, though, this can get messy, and nuance is required when free speech comes into tension with protecting academic freedom. The earliest universities to adopt the principle of academic freedom did so to thwart interference and influence from totalitarian states and religious zealotry.

Organizations: don’t, American Association of University Locations: Israel

Many Americans don't know, and it's getting even harder to calculate — especially as Social Security is poised to start reducing benefits in just about a decade. Related stories"That number is all over the place," Copeland said, referring to how much people are going to need in retirement savings. "It will be devastating if people who already are facing very dire retirement prospects get less Social Security than they're planning on. Estimating how much you will need in retirement may be helpful, even long before retirement. That highlights the fact that calculating how much you're going to actually need in retirement is complicated.

Persons: it's, That's, there's, Craig Copeland, Copeland, —, William Arnone, Indira Venkateswaran, Greenwald Organizations: Service, Security, Greenwald Research, Business, AARP, Wealth, Research Institute, Social, Social Security, National Academy of Social Insurance Locations: America

☆ In a Surprise, Cornell’s President Resigns
▼ + stars: | 2024-05-09 | by ( Stephanie Saul | More About Stephanie Saul | ) www.nytimes.com time to read: +1 min

Martha E. Pollack, Cornell University’s president for the past seven years, announced in a surprise email on Thursday afternoon that she is resigning. In a separate announcement, Kraig H. Kayser, the chairman of Cornell’s board of trustees, said the board had asked the university provost, Michael I. Kotlikoff, to serve as interim president for two years. Dr. Kotlikoff was previously dean of Cornell’s College of Veterinary Medicine, among other posts. Dr. Pollack’s resignation means that four of the eight Ivy League universities — Harvard, Yale, the University of Pennsylvania and Cornell — will now be in various stages of leadership transition, three of them with interim presidents already in charge or presidential searches underway. The presidents of Harvard and Penn resigned in the last six months, in part because of fallout over their testimony at a December congressional hearing investigating campus antisemitism.

Persons: Martha E . Pollack, Cornell, “, ”, ” “, —, ” Dr, Pollack, Kraig H, Kayser, Michael I, Kotlikoff, Pollack’s, Cornell —, Penn Organizations: Cornell’s College of Veterinary Medicine, Ivy League, — Harvard, Yale, University of Pennsylvania, Cornell, Harvard

☆ China is in the middle of its own retirement crisis as many older people cannot afford to stop working
▼ + stars: | 2024-05-08 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

China is grappling with a retirement crisis as its population ages. According to OECD data, people over the age of 60 account for 13% of the country's workforce. China is anticipating another 300 million people to reach retirement age in the next 10 years. AdvertisementChina is going through a retirement crisis, with a significant portion of older people finding that they can't afford to stop working. That rivals the share of workers who are of retirement age in the US, where 10%-15% are aged 60 or older.

Persons: —, That's Organizations: Service, OECD, Reuters, Social Security, Budget, Trustees Locations: China

☆ Americans will lose full Social Security benefits in 11 years, according to the program's trustees — a year later than expected
▼ + stars: | 2024-05-06 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

Full Social Security benefits are expected to run out in 2035, per the program's trustees. AdvertisementAs more Americans fear being unprepared for retirement — and rely solely on Social Security — those full benefits might not be long-lived. Meanwhile, among the income that typical retirees do receive, just under 80% see income from Social Security. The latest estimates on Social Security also come as the US economy braces for a "peak boomer" wave of new retirees. That's the biggest group of boomers retiring yet, and, per that analysis, many will end up having to rely on Social Security benefits to stay afloat.

Persons: That's, —, William Arnone, Martin O'Malley, Kevin Hern Organizations: Security, Social Security, Service, National Academy of Social Insurance, Insurance Trust, Disability Insurance Fund, Social, Survey, Alliance, Lifetime, GOP, Republican

A core demand over by the pro-Palestinian student groups at Columbia University was for the school to withdraw investment funds from what they describe as companies profiting from Israel’s war in Gaza. The group has described those companies as profiting “from Israeli apartheid, genocide, and military occupation of Palestine.” Israel denies accusations of genocide. Columbia now lists five areas where it refrains from investing: tobacco, private prison operations, thermal coal, Sudan and fossil fuels — all decisions made in the past decade. Columbia was also the first Ivy League university to divest from South Africa, and various other colleges followed suit. In 2015, Columbia became the first US university to divest from private prison companies after a student campaign raising concerns about human rights abuses.

Persons: ” Israel Organizations: Columbia University, Columbia, Ivy League, Columbia’s, Trustees Locations: Gaza, Palestine, Columbia, Sudan, South Africa

☆ Columbia’s administrators failed crisis management 101
▼ + stars: | 2024-05-03 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

There’s the day to day admin, the glad-handing of donors, and, crucially, keeping internal fires from becoming public, violent conflagrations. That last one is a public relations lesson, one on which Columbia’s president might need a refresher. In doing so, Columbia’s leadership threw out the playbook for managing protests that universities have honed for decades to keep students safe. To be sure, Columbia’s president, Minouche Shafik, knows her job could be on the line. Meanwhile, thousands of students, parents and alumni are about to descend on Columbia’s campus for commencement, adding more pressure to remove protesters.

Persons: CNN Business ’, ” Sarah J, Jackson, “, ” Jackson, they’re, it’s, Nadia Abu, ” Abu, Haj, Minouche Shafik, UPenn Organizations: CNN Business, New York CNN — University, Columbia University, NYPD, University of Pennsylvania, ”, Trustees, comms, Haj, Columbia, New York, Harvard, Brown University, Wesleyan, University of Chicago Locations: New York, Columbia, Nadia Abu El, ” Abu El

☆ Live Updates: Police Enter U.C.L.A. Encampment After Warnings
▼ + stars: | 2024-05-02 | by ( Jonathan Wolfe | Mike Ives | ) www.nytimes.com time to read: +4 min

A deal struck by Northwestern University officials and pro-Palestinian demonstrators brought an end to a protest encampment on campus but drew harsh criticism from Jewish leaders and students on Wednesday. The agreement, announced this week, included a promise by the university to be more transparent about its financial holdings. In turn, demonstrators removed the tent camp they built last week at Deering Meadow, a stretch of lawn on campus. The university did not commit to divesting from companies linked to Israel’s military campaign in Gaza, a chief demand animating campus protests across the nation. But protest organizers at Northwestern said they saw transparency as a first step toward that goal.

Persons: ”, Elizabeth Shakman Hurd, “, Hillel, Michael Schill, Schill, ” Paz Baum, Baum, Mr Organizations: Northwestern University, Northwestern, Educators for Justice, American Jewish Committee, Cook County Circuit Court, Jewish Voice, Peace, Brown University, Columbia University, University of California Locations: Deering, Gaza, Palestine, Northwestern, Cook County, New York, Los Angeles

☆ Democrats: College campus protests highlight tensions in Biden’s coalition
▼ + stars: | 2024-04-30 | by ( Gregory Krieg | ) edition.cnn.com time to read: +20 min

Joseph Prezioso/AFP/Getty Images Pro-Palestinian protesters confront a Texas state trooper at the University of Texas in Austin on Monday, April 29. Brandon Bell/Getty Images Protesters link arms at Emerson College in Boston on April 24. Brian Snyder/Reuters House Speaker Mike Johnson speaks to the media on the campus of Columbia University after meeting with Jewish students on April 24. Alex Kent/AFP/Getty Images People watch from a window as New York University students set up a tent encampment on April 22. Stefan Jeremiah/AP Israeli flags are reflected in the sunglasses of a demonstrator in front of Columbia University on April 22.

Persons: Joe Biden’s, Donald Trump, Alex Kent, Biden, Andrew Bates, “, Chuck Schumer, –, Hind Rajab, Mike Johnson, ” Johnson, Trump, Benjamin Netanyahu’s, Mike Lawler, Israel –, Jared Moskowitz, Vermont Sen, Bernie Sanders, ” Moskowitz, Sanders, “ Bernie, Alexandria Ocasio, Cortez, “ Sen, Sanders ’, ” Ocasio, tikkun, ”, Ocasio, Joseph Prezioso, Suzanne Cordeiro, Cliff Owen, Qian Weizhong, David Dee Delgado, Mike Stewart, Sarah Reingewirtz, Jay Janner, Brandon Bell, Brian Snyder, Timothy A, Clary, Matthew Hatcher, Nuri Vallbona, Jordan Vonderhaar, Zaydee Sanchez, Caitlin Ochs, Cameron Jones, Stephanie Keith, Andres Kudacki, Tayfun, Joe Buglewicz, Fatih Aktas, Michael M, Mary Altaffer, Scott Eisen, Columbia's, Stefan Jeremiah, Selcuk, Kena Betancur, Josh Gottheimer, Dan Goldman, Richard Nixon, Netanyahu’s, Elizabeth Warren of, Bernie, ’, Warren, ‘, Netanyahu, Israel, ” Sanders –, Sanders –, Democratic Sen, Chris Murphy of, who’s, ” Murphy, Elise Stefanik, ” Stefanik, CNN’s Donald Judd, Kevin Liptak, Annie Grayer Organizations: CNN, Israel Democrats, Capitol, Columbia University, Hamilton Hall, Getty, New York Democrat, College Democrats, America, Columbia, Republicans, Democrats, GOP, Jewish Democrats, Israeli, GOP Rep, Democratic, Florida, New York Rep, Hamilton, Columbia Students, Justice, Brown University, University of Texas, George Washington University, AP, University of California, UCLA, Getty Images, New York University, Rueters Georgia State Patrol, Emory University, MediaNews, Los Angeles Daily News, Austin Statesman, USA, Network, Reuters, Austin, University, Emerson College, Swarthmore College, Bloomberg, Getty Images Police, University of Southern, Reuters New York, Reuters Columbia, New York Times, Sproul Hall, Yale University, University police, York University, The New School, Massachusetts Institute of Technology, Library, New York Police Department, Occupy, Hamas, Democratic Party, Biden, White, International Court of Justice, Sunday, Fox News, New York, Republican Locations: Gaza, New York City, Columbia, Palestinian, ”, Gaza City, Palestine, New York, Vermont, Alexandria, Israel, Cortez, Providence , Rhode Island, AFP, Texas, Austin, Washington ,, Los Angeles, New, Rueters Georgia, Atlanta, Getty Images Texas, Boston, Swarthmore , Pennsylvania, University of Southern California, Berkeley, Sproul, Anadolu, New Haven , Connecticut, Cambridge, New Jersey, Washington, Elizabeth Warren of Massachusetts, “ State, Chris Murphy of Connecticut

Video transcript Back bars 0:00 / 0:44 - 0:00 transcript Columbia Protesters Occupy Building on Campus People inside barricaded the doors of Hamilton Hall with furniture. “Palestine will live forever.” “Go away, yo.” “Free, free Palestine.” “Free, free, free Palestine.” “Shut it down.” “Palestine will be free.” “Disclose, divest, we will not stop, we will not rest.” People inside barricaded the doors of Hamilton Hall with furniture. Credit Credit... Bing Guan for The New York TimesOutside the neoclassical building, protesters, many wearing helmets, safety glasses, gloves and masks, barricaded the entrance. Image Student protesters marching around the encampment on campus at Columbia University on Tuesday. So far, at least, a core of student protesters has vowed to stay put.

Persons: Columbia wasn’t, “, ”, Bing Guan, Alexander Hamilton, Bob Day, Columbia’s, ” Ben Chang, Sueda, ” “ We’ve, Leanne Abraham, Bing Guan Elga Castro, Castro, Chris Eisgruber, Nemat, Anna Betts, Eryn Davis, Tracey Tully, Karla Marie Sanford, John Yoon, Mike Baker Organizations: Police, California State Polytechnic University, Humboldt, Portland State University, Hamilton Hall, Columbia, Columbia Protesters, People, Hall, ”, New York Times, Treasury, Boeing, Portland Police Bureau, Columbia University, ., New York Times Columbia, Police Department, Columbia University Faculty, Broadway Low Library Columbia University, West, St . Columbia University New York, Butler Library Amsterdam, 114th, 114th St . Columbia University New York, Barnard College, New York University, Princeton University, Clio Hall, Princeton, Rutgers University’s Locations: Hamilton, Columbia, California, Oregon, Manhattan, Palestine, ”, Portland, Gaza . Columbia, St, St . Columbia University New York City, Butler, 114th St, Spanish, Gaza, New Jersey, Brunswick

☆ Columbia student protestors are demanding ‘divestment.’ Here’s what the university has divested from in the past
▼ + stars: | 2024-04-27 | by ( Clare Duffy | Ramishah Maruf | ) edition.cnn.com time to read: +7 min

Columbia University Apartheid Divest submitted a formal proposal to the committee for withdrawing investments related to Israel in December, which has yet to yield success. Students at Columbia College, the university’s undergraduate school, voted to support the divestment proposal last week. Heading a nationwide South Africa divestment movementCurrently, Columbia lists five areas where it refrains from investing: tobacco, private prison operations, thermal coal, Sudan and fossil fuels — all decisions that were made in the past decade. In April 1985, students led a three-week student demonstration against Columbia’s investments in South Africa, the New York Times reported at the time. Pete Seeger, right, speaks to the crowd at Columbia University as hundreds of students continued to protest the school's ties to South Africa, April 8, 1985.

Persons: ” Israel, Catherine Elias, Daniel Armstrong, “, ” Armstrong, Pete Seeger, Frankie Ziths, G4S, Karla Ann Cote, divests, ”, Savannah Pearson, Michael Cusack Organizations: New, New York CNN, Columbia University, Columbia University Apartheid, —, Columbia, Columbia College, CNN, Coalition, New York Times, American Express, Ford, Ivy League, University of California, Johns Hopkins University, University of North, Corrections Corporation of America, Library, “, Columbia’s, Trustees, Columbia’s Teachers College Locations: New York, Gaza, Palestine, Columbia, Vietnam, Upper Manhattan, Israel, South Africa, Sudan, Los Angeles, Chevron, Berkeley, University of North Carolina, Hill, South, United States

☆ In pictures: Celebrated actress Nicole Kidman
▼ + stars: | 2024-04-27 | by ( ) edition.cnn.com time to read: 1 min

Nicole Kidman, one of the greatest actresses of her generation, will be honored Saturday with the American Film Institute's Life Achievement Award. Kidman, 56, is the first Australian to receive the award. "Nicole Kidman has enchanted audiences for decades with the daring of her artistry and the glamour of a screen icon," said Kathleen Kennedy, chair of the AFI Board of Trustees. Since her career began in 1983, Kidman has won an Academy Award, six Golden Globe Awards, two Emmy Awards and a BAFTA Award. Her Oscar win came in 2003 for her portrayal of author Virginia Woolf in "The Hours."

Persons: Nicole Kidman, Kidman, Kathleen Kennedy, Oscar, Virginia Woolf Organizations: AFI, Trustees, Globe

☆ Columbia president Minouche Shafik faces criticism in all directions
▼ + stars: | 2024-04-25 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +7 min

New York CNN —When Minouche Shafik was announced as Columbia University’s president last year, she was called the “perfect candidate” by the chair of Columbia’s Board of Trustees. University of Pennsylvania president Liz Magill and Harvard University president Claudine Gay both stepped down in the wake of pressure over their response to antisemitism on campus. They say the crackdown on student protests, which resulted in more than 100 arrests, violated academic freedom. “I am here today, joining my colleagues and calling on President Shafik to resign if she cannot immediately bring order to this chaos,” Johnson said. Last week, Shafik authorized the New York Police Department to sweep the “Gaza Solidarity Encampment” on Columbia’s campus.

Persons: Minouche Shafik, Shafik —, Liz Magill, Claudine Gay, Shafik, Alexandra Ocasio, Cortez, Mike Johnson, “, ” Johnson, ”, James Finkelstein, “ She’s, ” Finkelstein, Grayson Kirk, Kirk, Columbia’s Hillel, Robert Kraft Organizations: New, New York CNN, Columbia, Trustees, Representatives, World Bank, International Monetary Fund, Bank of England, London School of Economics, Hamas, College, University of Pennsylvania, Harvard University, New York Police Department, Democratic, Republican, George Mason University, ” Columbia’s, Police, NYPD, of Education, Harvard, Department, Education, ” New England Patriots Locations: New York, Israel, Vietnam, Harlem, Gaza, Columbia’s, Columbia, ”

☆ Opinion | Republicans Wanted a Crackdown on Israel’s Critics. Columbia Obliged.
▼ + stars: | 2024-04-18 | by ( Michelle Goldberg | ) www.nytimes.com time to read: +2 min

Testifying before the same panel on Wednesday, she readily agreed with Republicans’ premise that pro-Palestinian activism at Columbia is shot through with anti-Jewish bigotry, and explained how, under her leadership, Columbia is cracking down. Fifteen students, she said, had been suspended, and six more were on disciplinary probation. If it had been up to her, she said, the stridently anti-Zionist professor Joseph Massad would never have gotten tenure. (Columbia later confirmed that his chairmanship was scheduled to end after this semester.) By bending over backward to be agreeable, Shafik emerged from the four-hour grilling largely unscathed.

Persons: Nemat Shafik, Mohamed Abdou, “, ”, Joseph Massad, Massad, Shafik, that’s, Claire Shipman, David Greenwald, David Schizer, Shipman Organizations: Harvard, University of Pennsylvania, Columbia, Hamas, Islamic

☆ Fierce Races Loom With Wisconsin’s New Political Maps
▼ + stars: | 2024-04-06 | by ( Julie Bosman | Jamie Kelter Davis | ) www.nytimes.com time to read: +1 min

From a north central county known for ginseng farming and downhill skiing, he has served on the local school board, the Marathon County Board and the village board of trustees in Weston, population 15,000. In February, new legislative maps in Wisconsin were signed into law after more than a decade of partisan wrangling and legal battles. The new maps undid the gerrymander that had helped Republicans keep control of both state legislative chambers since 2012. The 85th Assembly District in Marathon County, where Mr. Xiong lives, is no longer a Republican-leaning seat: It is a tossup. “This idea came to reality when the maps changed,” Mr. Xiong said in an interview last month.

Persons: Yee Leng Xiong, Xiong, ” Mr, Patrick Snyder Organizations: Marathon County Board, Democrat, Legislature, Republican, District, State Assembly Locations: Wisconsin, Marathon, Weston, Marathon County

☆ Former governor of the Bank of Finland discusses climate issues
▼ + stars: | 2024-04-05 | 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 EmailClimate 'an issue of common concern' between countries, says former governor of the Bank of FinlandErkki Liikanen, chair of trustees at IFRS and former governor of the Bank of Finland, discusses climate issues and sustainability investing.

Persons: Bank of Finland Erkki Liikanen Organizations: Bank of Finland, IFRS

☆ Jonathan Levin, Dean of Business School, Is Stanford’s New President
▼ + stars: | 2024-04-04 | by ( Stephanie Saul | ) www.nytimes.com time to read: +1 min

Stanford University’s next president will be Jonathan Levin, an economist who currently serves as dean of the graduate business school and whose association with the university dates back to his undergraduate days in the 1990s. Dr. Levin’s selection, announced on Thursday, was based partly on his deep understanding of the university’s culture, the school said. His appointment is also viewed as a stabilizing force, as Stanford faces turmoil stemming from protests over the Israel-Hamas war, as well as controversy over a predecessor, Marc Tessier-Lavigne, who resigned as president last summer amid questions about the quality of scientific research that was conducted in labs he supervised. Jerry Yang, the technology entrepreneur who is the chair of Stanford’s board of trustees, said that the selection committee chose Dr. Levin, 51, as someone who could chart a course for the university during these politically fraught times.

Persons: Stanford University’s, Jonathan Levin, Marc Tessier, Lavigne, Jerry Yang, Levin Locations: Stanford, Israel

☆ Indiana Law Requires Professors to Promote ‘Intellectual Diversity’ or Face Penalties
▼ + stars: | 2024-03-23 | by ( Campbell Robertson | Anna Betts | ) www.nytimes.com time to read: +1 min

A new law in Indiana requires professors in public universities to foster a culture of “intellectual diversity” or face disciplinary actions, including termination for even those with tenure, the latest in an effort by Republicans to assert more control over what is taught in classrooms. The backlash to the legislation, which Gov. Eric Holcomb, a Republican, signed March 13, has been substantial. Hundreds wrote letters or testified at hearings, and faculty senates at multiple institutions had urged the legislature to reject the bill, condemning it as government overreach and a blow to academic free speech. “The whole point of tenure is to protect academic freedom,” said Irene Mulvey, the president of the American Association of University Professors, who described the law as “thought policing.”

Persons: Spencer Deery, Eric Holcomb, overreach, ”, Irene Mulvey Organizations: Republican, American Association of University Locations: Indiana

Florida State wants to move the venue to Florida and prefers the documents to be unsealed for transparency. Photos You Should See View All 60 Images“FSU is arguing that North Carolina is a more favorable jurisdiction for the ACC,” said ACC attorney James Cooney. The ACC initially sued the Florida State Board of Trustees in North Carolina in last December, asking a court to uphold the conference's grant of rights as a valid and enforceable contract after catching wind of a forthcoming Florida State lawsuit. The courtroom showdown comes just three days after Clemson, another member school, joined Florida State in challenging the ACC's right to charge hundreds of millions of dollars to leave the conference. The complaint filed in South Carolina said the ACC’s “exorbitant $140 million” exit penalty and the grant of rights used to bind schools to a conference through their media rights should be struck down.

Persons: CHARLOTTE, Judge Louis A, Bledsoe, ”, James Cooney, “, Bailey King, ” King, Rick McCullough, ” Clemson Organizations: Atlantic Coast Conference, Florida State, ACC, ESPN, FSU, ”, of Trustees, Big, Southeastern Conference, Notre Dame, SEC, Clemson, AP Locations: N.C, Mecklenburg County, Florida, Charlotte, Carolina, North Carolina, South Carolina

Harrison doesn’t have an overall diagnosis beyond being a French bulldog — an increasingly popular breed prone to health problems. While most patients pay out of pocket, AMC offers multiple initiatives to cover charity care, especially for rescue animals and working dogs. The price of veterinary services have increased in recent years because of inflation, but also because of advances in care. The same day Harrison visited the surgical suite, Lynx was brought in by a rescue group. “We get to take extraordinary care of rescue animals,” Spector said.

Persons: —, Harrison, ”, Daniel Spector, Harrison doesn’t, Grace Kim, Kiki, “, ” Spector, Spector, Jennie Anne Simson, Simson, we’ve, Helen Irving, Elaine, Kenneth Langone, Elaine Langone, they've, Emily McCobb, Kelly Hall, ” Irving, Kim Organizations: Animal Medical, AMC, Avian, Shepherd Fund, Buddy, Veterinary, Home Depot, Bucknell University, Cummings School of Veterinary Medicine, Tufts University, Colorado State University, Associated, Lilly Endowment Inc, AP Locations: New York City, French, Manhattan, Manhattan’s, anesthesiologists, Brooklyn, New York

☆ Check out some of the art masterpieces in the record $300 million gift to a US university
▼ + stars: | 2024-03-16 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

An art collector donated the largest art gift ever to a US university, Seattle University said. Property developer Richard Hedreen donated a $300 million collection to the university. AdvertisementAn art collector has made the largest-ever art donation to a US university, Seattle University said in a press release earlier this week. Richard Hedreen gifted the private Jesuit university more than 200 works worth a total of $300 million to create the Seattle University Museum of Art. "My wife, Betty, attended Seattle University, and I am giving the collection to the university in her honor," Hedreen said.

Persons: Richard Hedreen, Roy Lichtenstein, —, Betty, Hedreen, Elizabeth, Seattle University Hedreen, Rashid Johnson seascape, Andy Warhol, Willem de Kooning, Lucien Freud, Dick, Betty Hedreen, Patrick J, Callans, Eduardo Peñalver, Giovanni TOSCANI, Amy Sherald, Pablo Picasso's, Gustav Klimt's, Fächer Organizations: Seattle University, Service, Jesuit, Seattle University Museum of Art, Roy Lichtenstein Seattle University, Trustees, Giovanni TOSCANI Seattle, Seattle University's Jesuit, Financial Times, Amy Sherald Seattle University Locations: Seattle

☆ Weight loss drug Wegovy is now approved for heart health — but that won't mean broad insurance coverage just yet
▼ + stars: | 2024-03-16 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +12 min

The blockbuster drug — one of a handful of weight loss treatments to skyrocket in popularity over the last year — is now approved in the U.S. for heart health, too. The spokesperson added that state Medicaid programs would be required to cover Wegovy for its new cardiovascular use. But Gremminger said the standard of care for the long-term use of weight loss drugs is "in flux." State employees will no longer have insurance coverage for GLP-1s when used for weight loss at the beginning of next month. Both drugmakers have launched programs to help patients, with or without commercial insurance coverage, afford their weight loss treatments.

Persons: Klesty, John Crable, Wegovy, Jaime Almandoz, Joe Buglewicz, Shawn Gremminger, Hartley, Gremminger, Dale Folwell, We've, Folwell, Phelan M, Eli Lilly, Ceci Connolly, Julie Stich Organizations: Reuters, Novo Nordisk, CNBC, Medicare, Services, FDA, CVS, Aetna, International Foundation of Employee, Drug Administration, University of Texas Southwestern Medical Center, Washington Post, Getty, National Alliance of Healthcare, Taft, Nordisk, Nordisk's Ozempic, GOP, Carolina, Republican Governors Association, AP, Alliance of Community Health, U.S . Health, IFEBP, BMI Locations: U.S, Novo, Dallas, North Carolina, Orlando , Florida

☆ In shadow of Trump tweets, Supreme Court outlines when officials can be sued for social media use
▼ + stars: | 2024-03-15 | by ( Lawrence Hurley | ) www.cnbc.com time to read: +5 min

The court ruled unanimously that officials can be deemed "state actors" when making use of social media and can therefore face litigation if they block or mute a member of the public. The court held that conduct on social media can be viewed as a state action when the official in question "possessed actual authority to speak on the state's behalf" and "purported to exercise that authority." While the officials in both cases have low profiles, the ruling will apply to all public officials who use social media to engage with the public. The cases raised the question of whether public officials' posts and other social media activity constitute part of their governmental functions. The court is wrestling with a whole series of social media-related free speech issues in its current term, which runs until June.

Persons: WASHINGTON —, Donald Trump's, Amy Coney Barrett, —, Barrett, Trump, Elon Musk, Michelle O'Connor, Ratcliff, T.J, Zane, Christopher, Kimberly Garnier, O'Connor, Christopher Garnier, James Freed, Kevin Lindke, Freed Organizations: Twitter, Poway Unified School District, of, Circuit, Southern District of, Port, U.S Locations: Southern California, Michigan, California, San Francisco, Southern District, Southern District of California, Port Huron City

☆ Trump claims he has 'never been a fan' of Ken Langone, Home Depot co-founder who backed Nikki Haley
▼ + stars: | 2024-03-11 | by ( Brian Schwartz | ) www.cnbc.com time to read: +1 min

Donald Trump claimed in an interview on CNBC that he had "never been a fan" of Home Depot co-founder Ken Langone, the billionaire investor who endorsed the former president's primary challenger, Nikki Haley. "Well, look, I've never been a fan of Ken," Trump said. Trump and Langone were in contact in 2020 during the coronavirus pandemic, according to archived records of the former president's schedule. In a separate interview in January, Langone said he would not support Trump if the former president were the Republican nominee. Langone co-founded Home Depot over 40 years ago, and he has a net worth of over $8 billion, according to Forbes.

Persons: Donald Trump, Ken Langone, Nikki Haley, Trump's, it's, Langone, I've, Ken, Trump Organizations: CNBC, Depot, Trump, Republican, Haley, PAC, South, GOP, Forbes, New York University Langone Health Locations: South Carolina

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