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☆ Premarket stocks: Why the American Whiskey industry is freaking out
▼ + stars: | 2023-11-13 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +9 min

Between June 2018 and December 2021 there was a 25% tax imposed on the spirit, which decreased American whiskey exports by 18%. American whiskey exports to the EU jumped 118% in the first half of 2023 when compared to the same period in 2022. They went back and forth until 2021 when the tariffs on American whiskey were suspended and we took a great sigh of relief. The Biden administration’s leadership and efforts on this have enabled the suspension of tariffs on American whiskey and all distilled spirits products, but we are rightly anxious because a 50% tariff on American whiskey would be beyond devastating to exports. Since those tariffs have been suspended, we’ve seen American whiskey exports rebound to beyond pre-pandemic levels.

Persons: Bell, Chris Swonger, Donald Trump, Joe Biden, Ursula von der Leyen, we’re, Biden, We’ve, we’ve, It’s, Gina Raimondo, ” Raimondo, CNN’s Christiane Amanpour, Raimondo, ”, Read, Bill Ackman, Leslie Wexner, —, “, Claudine Gay, Dean, Harvard College Rakesh Khurana, Gay Organizations: CNN Business, Bell, New York CNN, EU, European Commission, European Union, Biden administration’s, US, China, Commerce Department, Harvard, Harvard University, Pershing, Harvard College, Harvard College Jewish Alumni Association, ” Harvard, “ Harvard, Council, Advancement Locations: New York, United States, EU, China, Taiwan, Israel

☆ More than 1,600 Jewish Harvard alumni threaten to stop donations as campus antisemitism worries grow
▼ + stars: | 2023-11-12 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

1,600 Harvard alumni have threatened to cut donations over the college's handling of antisemitism. The Biden Administration told colleges this week that they must do more to stop antisemitism and Islamophobia. "We never thought that, at Harvard University, we would have to argue the point that terrorism against civilians demands immediate and unequivocal condemnation," the HCJAA said. This week, the Biden Administration told colleges that they risk losing federal funding if they don't take steps to prevent antisemitism and Islamophobia. Harvard University and the HCJAA did not immediately respond to Insider's request for comment, which was made outside of normal working hours.

Persons: —, Claudine Gay, Dean, Harvard College Rakesh Khurana, Israel, Rebecca Claire Brooks Organizations: Harvard, Biden Administration, Service, Harvard University, CNN, Harvard College, Harvard College Jewish Alumni Association, Gaza, Hamas, University, Fox News Locations: Palestinian

☆ Harvard alumni group threatens to withdraw donations over antisemitism concerns
▼ + stars: | 2023-11-11 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +5 min

Organizers say it is the first Jewish alumni association in the history of the university. Harvard President Gay wrote a letter to members of the larger Harvard community addressing the tensions on Thursday. While a large chunk of university donations come from big gifts, small donations from alumni are becoming an increasingly important source of funding for higher education, according to the Council for Advancement and Support of Education (CASE). Universities like to tout the high number of donations they receive to show that they have an engaged alumni base, said CASE. More than 300 Cooper Union alumni also recently threatened to end donations over the New York school’s response to anti-Israel protests.

Persons: Bill Ackman, Leslie Wexner, —, “, ”, Claudine Gay, Dean, Harvard College Rakesh Khurana, Rebecca Claire Brooks, Gay, Brooks, ” Brooks, ” Cooper Organizations: New, New York CNN, Harvard University, Harvard, Pershing, Harvard College, Harvard College Jewish Alumni Association, Organizers, Jewish, Holocaust, CNN, “ Harvard, Council, Advancement, Universities, Cooper Union Locations: New York, Israel

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