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☆ Harvard academic says school needs to stop subscribing to 'the extreme left of the political map'
▼ + stars: | 2024-01-04 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Harvard astrophysicist Avi Loeb weighed in on discussions over the path forward for the university. 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 . AdvertisementHarvard astrophysicist Avi Loeb has a few ideas on how Harvard should move forward following Claudine Gay's resignation as president . One of those: Stop subscribing to "the extreme left of the political map."

Persons: Avi Loeb, Claudine Gay, —, Claudine Gay's, Loeb, Loeb — who's, He's, Harvard, Alan Garber Organizations: Service, Harvard, Ivy League, University, D.C, Galileo, US President's, Advisors, Science, Technology, Physics, National Academies, Harvard Corporation, Gay Locations: Washington

☆ Elise Stefanik took credit for Claudine Gay's resignation, but it was in large part due to a Gen Z reporter who says liberals should care about this story too
▼ + stars: | 2024-01-03 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Harvard University President Claudine Gay resigned Tuesday after months of controversy. Many plagiarism accusations that piled up against Gay were revealed by Gen Z reporter Aaron Sibarium. Sibarium, a writer at the conservative news site The Washington Free Beacon , broke many of the plagiarism accusations against Gay. It wasn't until the plagiarism accusations continued to pile up that she resigned. But his author page shows how he spent the past month: breaking stories about plagiarism accusations against Gay.

Persons: Claudine Gay, Gay, Gen, Aaron Sibarium, Sibarium, —, Elise Stefanik, Stefanik, Aaron Sibarium —, Harvard's, missteps, he's, Harvard, plagiarizing, David Canon, Canon, that's Organizations: Harvard, Service, University of Pennsylvania, MIT, Washington Free Beacon, Gay, Business, The New York Times, Harvard Corporation, Yale University, Politico, University of Wisconsin Locations: Washington, Israel, Madison

☆ A Harvard student reacts to resignation of Claudine Gay
▼ + stars: | 2024-01-03 | by ( Tim Paradis | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Harvard University's president, Claudine Gay, resigned Tuesday. A current Harvard law student told Business Insider why she's happy to see Gay step down. One current Harvard law student told Business Insider she was glad Gay resigned. President Gay is not at the level that you would expect a Harvard president to be at." I just didn't see a lot of empathy coming from President Gay at all."

Persons: Claudine Gay, Gay, —, Gay's, Bill Ackman, Elise Stefanik, Weeks, it'd, hasn't, Joe Biden, Ketanji Brown Jackson, She's, Harvard's, Alan Garber Organizations: Harvard, Service, Harvard University, Gay, New York Post Locations: Israel

☆ Harvard's president might not be the last to lose her job over plagiarism claims, thanks to the power of AI
▼ + stars: | 2024-01-03 | by ( Marianne Guenot | ) www.businessinsider.com time to read: +3 min

Read previewAI could mean many other academics will face the same plagiarism allegations that led to Claudine Gay's resignation as president of Harvard University. The website pointed to four of Gay's academic papers and her doctoral thesis. The Harvard Corporation, which governs the institution, had cleared Gay of accusations of plagiarism, Business Insider previously reported. AdvertisementHarvard Corp. found that there were some "instances of inadequate citation" in Gay's work, but this did not constitute research misconduct. She is resuming her academic work.

Persons: —, Claudine Gay's, Gay, Davarian Baldwin, Irene Mulvey, " Mulvey, Christopher Rufo, Rufo Organizations: Service, Harvard University, Business, Trinity College ,, Associated Press, American Association of University, AP, Gay, Washington Free Beacon, Harvard, Harvard Corporation, Harvard Corp, Conservative, Ivy League Locations: Trinity College , Dublin

☆ Claudine Gay speaks out about her Harvard exit with 'words of warning' about her loudest critics
▼ + stars: | 2024-01-03 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +2 min

Claudine Gay has spoken out about her reluctant exit from Harvard in a message that appeared to call out critics like Bill Ackman. While Gay does not name those opportunists, one of the most outspoken voices calling for her resignation was billionaire investor Bill Ackman. "In her short tenure as President, Claudine Gay has done more damage to the reputation of Harvard University than any individual in our nearly 500-year history," Ackman wrote in one letter. Gay also addressed the plagiarism accusations, admitting that there was duplicative language in some of her academic writings and "promptly requested corrections" from the journals that published her work. "I have never misrepresented my research findings, nor have I ever claimed credit for the research of others.

Persons: Claudine Gay, Bill Ackman, Gay, Ackman Organizations: Harvard, The New York Times, Harvard University, Associated Press

☆ A Yale professor is slamming Bill Ackman's campaign against Harvard, calling the billionaire investor an 'odious' oligarch
▼ + stars: | 2024-01-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewA Yale faculty member is engaging Bill Ackman in a public tiff on X, slamming the billionaire investor for his intense campaign against Harvard President Claudine Gay. Advertisement"What did I say about Harvard President Gay that has to do with money? What did I say about @Harvard President Gay that has to do with money? President Gay resigned because she lost the confidence of the University at large due to her actions and inactions and other failures of leadership. That's why people pay attention," Gonsalves replied.

Persons: —, Bill Ackman, Claudine Gay, Gregg Gonsalves, Gonsalves, Ackman, X, Gay, … — Bill Ackman, — Gregg Gonsalves, @gregggonsalves, Gonsalves wasn't, Bill, You’re, it’s, Gonsalves's, Sally Kornbluth Organizations: Service, Yale, Harvard, Business, University, MIT, Business Insider

☆ MIT's president announces new steps for the university — one day after Harvard's Claudine Gay resigned
▼ + stars: | 2024-01-03 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

MIT President Sally Kornbluth announced four "new steps" to help the university progress. The memo comes one day after Claudine Gay resigned as Harvard's president. AdvertisementThe third university president still weathering the fallout of a December congressional hearing is speaking out. Sally Kornbluth, the Massachusetts Institute of Technology President, sent a memo with "four immediate steps" to help the school progress this semester. This story is available exclusively to Business Insider subscribers.

Persons: Sally Kornbluth, Claudine Gay, Critics, — Organizations: Service, Massachusetts Institute of Technology, Business

☆ What Harvard students have to say about the bombshell resignation of embattled president Claudine Gay
▼ + stars: | 2024-01-03 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

Read previewFrom excitement to frustration, Harvard University students had mixed reactions to the bombshell Tuesday resignation of the Ivy League school's embattled president, Claudine Gay. AdvertisementSome Harvard students hailed Gay's resignation, while others viewed it as a submission to powerful donors and political figures. "I think it is, if anything, too late," said Alex Bernat, a junior at the elite Massachusetts university, told The New York Times. AdvertisementAnother Harvard student, Ru'Quan Brown, told the Crimson that Gay's resignation "sets a bad precedent for future presidents." The professor added that he was "saddened for Harvard and higher education" with the news of Gay's resignation.

Persons: —, Claudine Gay, Gay, Gay's, Alex Bernat, Bernat, Joshua Kaplan, Bernat's, Kaplan, Sanaa Kahloon, Jeremy O.S, Ornstein, Crimson, Bill Ackman, Elise Stefanik, Harvard's, Orenstein, Ru'Quan Brown, Brown, Chukwudi Ilozue, Ryan Enos, Enos, Stefanik, Liz Magill, Claudine Gay's Organizations: Service, Harvard University, Ivy League school's, Harvard, Business, Harvard Corporation, Massachusetts, New York Times, Harvard Crimson, Times, GOP, WBZ, MIT, University of Pennsylvania, Gay, University of Pennsylvania's, U.S . Congress Locations: Palestine, New York, Israel

☆ 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's president resigning means more drama for other universities
▼ + stars: | 2024-01-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the resignation of another Ivy League president and the knock-on effect it'll have on education in the US. The big storyIvy League issuesBrian Snyder/ReutersClaudine Gay's tenure as Harvard president wasn't long, but it won't be forgotten. Alan Garber, Harvard's provost and chief academic officer, will serve as interim president, the school's board announced. Gay is the second Ivy League president to step down in less than a month, following in the footsteps of former Penn president Elizabeth Magill. Harvard president Claudine Gay Kevin Dietsch/Getty ImagesGay and Magill's departures highlight the tension between businesses and prestigious universities and the former's influence over the latter.

Persons: —, Bob Marley, John Wick, Brian Snyder, Claudine Gay's, wasn't, Gay, Alan Garber, Harvard's, Elizabeth Magill, Magill, Sally Kornbluth, Bill Ackman, Claudine Gay Kevin Dietsch, Business Insider's Paul Squire, Lucas Jackson, Tesla, Goldman, Tyler Le, it's, Warren Buffett, Greta Thunberg, Florence Pugh, Mel Gibson, J.R.R, Tolkien, Eli Manning, Max Willcocks, Dan DeFrancesco, Diamond Naga Siu, Hallam Bullock, Jordan Parker Erb, Hayley Hudson, Lisa Ryan Organizations: Service, Ivy League, Business, Harvard, Ivy, Penn, Gay, MIT, GOP, Big Tech, Apple, Microsoft, Nvidia, Meta, Boston Consulting Group, Cushman & Wakefield, LinkedIn, SAP, Verizon Consumer Group, EV, Elon, Jiji Press, Japan Airlines, New York Locations: China, Jisoo, New York, San Diego, London, Edinburgh

☆ Claudine Gay's 6-month stint as Harvard president was the shortest in school history
▼ + stars: | 2024-01-02 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +2 min

Claudine Gay's six-month term as Harvard president ranks the shortest in the school's history. AdvertisementClaudine Gay's resignation as Harvard president makes her six-month term the shortest in the school's history, according to historical data on Harvard's website. Gay began her tenure as school president in July last year, becoming Harvard's first Black president and its second-ever female president. While Alan Garber, the school's chief academic officer, is now serving as interim president, Gay isn't leaving Harvard entirely. Liz Magill, who testified before Congress alongside Gay about antisemitism concerns while president of University of Pennsylvania, has since resigned from her post.

Persons: Claudine Gay's, Gay, —, Harvard's, Alan Garber, Gay isn't, Liz Magill Organizations: Harvard, Harvard Corp, Service, University of Pennsylvania

☆ GOP's Stefanik fires another shot across the bow of elite colleges
▼ + stars: | 2024-01-02 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

GOP Rep. Elise Stefanik is already celebrating Harvard president Claudine Gay's resignation. Stefanik has been leading the charge against antisemitism at elite colleges. AdvertisementHarvard president Claudine Gay resigned on Monday, and the GOP's Elise Stefanik isn't wasting any time rejoicing in her downfall. "The resignation of Harvard's antisemitic plagiarist president is long overdue," Stefanik wrote on X, the social media site formerly known as Twitter. This story is available exclusively to Business Insider subscribers.

Persons: Elise Stefanik, Claudine Gay's, Stefanik, —, Claudine Gay, Elise Stefanik isn't, Gay Organizations: Service, Republican, Business Locations: New York

☆ Bill Ackman is now turning his focus to MIT's president after Harvard and Penn's resign
▼ + stars: | 2024-01-02 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Bill Ackman took aim at MIT President Sally Kornbluth after Claudine Gay's resignation from Harvard. Gay resigned as president of Harvard after her response to antisemitism and alleged plagiarism. Ackman began calling for the presidents of Harvard, MIT and Penn to resign in December. Ackman on Tuesday took aim at his final target in a dispute over antisemitism at some of the US's top schools: MIT President Sally Kornbluth. Ackman posted on X after the news of Harvard President Claudine Gay's resignation.

Persons: Bill Ackman, Sally Kornbluth, Claudine Gay's, Gay, Ackman, —, Liz Magill, Harvard's Gay, Ackman didn't, Harvard's, Magill, Kornbluth, she'd Organizations: MIT, Harvard, Penn, Service, Pershing, Capital Management, University of Pennsylvania Locations: Israel

☆ 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

☆ Harvard president's resignation draws strong reactions from her critics and supporters
▼ + stars: | 2024-01-02 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Claudine Gay is out as the president of Harvard. Gay announced Tuesday in a letter that she was stepping down, and reactions have poured in on social media from both her supporters and critics. AdvertisementElon Musk voiced his agreement with a social media user's post that said Gay had been "caught plagiarizing." I admire Claudine Gay for putting Harvard's interests first at what I know must be an agonizingly difficult moment. AdvertisementNot everyone celebrated Gay's resignation.

Persons: Claudine Gay, Gay, —, Larry Summers, Gay's, Elon Musk, Emil Michael, Uber's, Alan Garber, — Lawrence H, Summers, Bill Ackman, Ackman, hasn't, Sally Kornbluth, Elizabeth Magill, it’s, 3yUDw6tciF — Emil Michael, @emilmichael, Christopher Rufo, Rufo, Elon, Jason Calacanis, Timnit Gebru, Couldn't, Gebru, Nikole Hannah Jones, Janai Nelson, Liz Magill's, Gary Marcus, Uber, Marcus Organizations: Harvard, Service, Treasury, Twitter, Billionaire, Gay, Former University of Pennsylvania, Harvard Corporation, Conservative, Google, NAACP Legal Defense, Educational Fund

☆ Harvard's president stepping down is giving the GOP the green light to probe other top universities
▼ + stars: | 2024-01-02 | by ( Paul Squire | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Harvard President Claudine Gay — whose response to a question on antisemitism on campus at a Congressional hearing sparked outrage — has stepped down after weeks of increasing pressure. Gay gave a bungled answer that she wouldn't outright ban calls for genocide against Jews on campus during the House hearing last month. The controversy quickly spiraled into wider allegations of plagiarism against Gay — led by the Washington Free Beacon, a conservative outlet. Stefanik — who led the hearing Gay attended and was also booted off a Harvard advisory panel for backing Donald Trump's election lies — vowed to keep up the pressure.

Persons: —, Claudine Gay —, Gay, Gay —, Elise Stefanik, Stefanik —, Donald Trump's, Andrew Garbino, Claudine Gay, Carlos A, Gimenez, Claudine Gay's, Bill Ackman, Ackman, Gay's Organizations: Service, Harvard, Business, Washington Free, Republicans, GOP, New York Republican, Gay Locations: Florida

☆ Bill Ackman accuses Harvard, MIT, and UPenn's presidents of believing that 'genocide depends on the context': 'They must all resign in disgrace'
▼ + stars: | 2023-12-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Bill Ackman has had it with the presidents of Harvard, MIT and UPenn. AdvertisementBill Ackman has called for the resignation of Harvard, MIT, and the University of Pennsylvania's presidents following their congressional hearing on antisemitism on Tuesday. Harvard and MIT presidents Claudine Gay and Sally Kornbluth replied similarly to Stefanik's question. Because of leaders like Presidents Gay, Magill and Kornbluth who believe genocide depends on the context," Ackman continued. Representatives for Ackman, Harvard, MIT, and the University of Pennsylvania did not immediately respond to requests for comment from Business Insider sent outside regular business hours.

Persons: Bill Ackman, Ackman, —, eVlPCHMcVZ, Elise Stefanik, Liz Magill, Claudine Gay, Sally Kornbluth, Gay, Kornbluth, Stefanik, she'd, Magill, Israel Organizations: Harvard, MIT, Service, University of, University of Pennsylvania, Gay, Ivy League, Ackman, Business Insider Locations: Israel, @Harvard, Gaza

☆ Republican Lawmakers Spar With University Presidents at Campus Antisemitism Hearing
▼ + stars: | 2023-12-05 | by ( Joseph De Avila | Melissa Korn | ) www.wsj.com time to read: 1 min

Harvard University President Claudine Gay speaking at the congressional hearing on Tuesday. Photo: ken cedeno/ReutersRepublican lawmakers chastised the presidents of three elite U.S. universities during a congressional hearing about efforts to curb rising antisemitism on their campuses. Claudine Gay of Harvard University, Liz Magill of the University of Pennsylvania and Sally Kornbluth of the Massachusetts Institute of Technology acknowledged Tuesday to lawmakers on the House Committee on Education and the Workforce that antisemitism was a growing problem at their schools.

Persons: Claudine Gay, Liz Magill, Sally Kornbluth Organizations: Harvard, Reuters, Harvard University, University of Pennsylvania, Massachusetts Institute of Technology, Education

☆ Harvard alumni are slashing donations and taking the college out of their wills over its response to the Israel-Hamas war: Bloomberg
▼ + stars: | 2023-12-05 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Harvard alumni are slashing their donations amid reports of on-campus semitism, per Bloomberg. One alumni told Bloomberg that she won't encourage her classmates to donate this year. Furious Harvard alumni and volunteers are paring down their donations over the university's response to the Israel-Hamas war, per Bloomberg. Longtime volunteer Tally Zingher, 46, told Bloomberg she only plans to donate $1 for her coming college reunion. "There are plenty of better places that I feel my classmates can use their philanthropy and influence," she told Bloomberg.

Persons: —, Bill Ackman isn't, Tally Zingher, Zingher, Jason Newton, Israel, Bill Ackman, Larry Summers, Claudine Gay's, Summers, Gay Organizations: Harvard, Bloomberg, Service, Furious Harvard, University, Business Insider Locations: Israel, Hamas, Harvard's

In testimony before a House committee, the university leaders said there was a fine line between protecting free speech and allowing protests, while also combatting antisemitism. “Harvard must provide firm leadership in the fight against antisemitism and hate speech even while preserving room for free expression and dissent. This is difficult work, and I admit that we have not always gotten it right,” said Claudine Gay, of Harvard. In recent weeks, the federal government has opened investigations into several universities — including Penn and Harvard — regarding antisemitism and Islamophobia on campus. Rep. Bobby Scott of Virginia, the committee's ranking Democrat, criticized Republicans for “stoking culture wars” while claiming to be combatting discrimination on campus.

Persons: “, ”, Claudine Gay, ” Gay, Liz Magill, Sally Kornbluth, ” Magill, Virginia Foxx, Bobby Scott of Virginia, Scott Organizations: WASHINGTON, Harvard, University of Pennsylvania, Massachusetts Institute of Technology, “ Harvard, Penn, MIT, The Education Department, Education, Workforce, intersectionality, ” Rep, Republicans, Education Department, Civil, “, Associated Press, Carnegie Corporation of New, AP Locations: Israel, North Carolina, Carnegie Corporation of New York

☆ Bill Ackman says antisemitism is the 'canary in the coal mine' for other discriminatory practices at Harvard
▼ + stars: | 2023-12-04 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

He said antisemitism was "the canary in the coal mine for other discriminatory practices." In a letter posted on X Sunday, the hedge fund manager and Harvard alumnus described antisemitism as "the canary in the coal mine for other discriminatory practices at Harvard." AdvertisementIn the letter, Ackman published a series of criticisms of university authorities, allegedly from senior faculty members at Harvard who had asked not to be named. The number of faculty members of color stands at around 22%, according to the data, up from 16% 20 years ago. After being appointed Harvard president in July, Gay said that boosting measures to address the long-standing lack of diversity among Harvard faculty would be a core objective, The Harvard Crimson reported.

Persons: Bill Ackman, —, Claudine Gay, Ackman, Gay, … Organizations: Harvard University, Service, Billionaire, Ivy League, Harvard, Harvard Crimson, Business Locations: Israel, Palestine, Harvard

☆ Harvard, Penn and MIT presidents to testify before Congress on antisemitism
▼ + stars: | 2023-11-28 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —The presidents of Harvard University, MIT and the University of Pennsylvania are scheduled to testify before Congress next week at a hearing on antisemitism on campus, lawmakers announced Tuesday. “College and university presidents have a responsibility to foster and uphold a safe learning environment for their students and staff. Now is not a time for indecision or milquetoast statements.”According to the House committee, the hearing will include testimony from Harvard President Claudine Gay, MIT President Sally Kornbluth and Penn President Liz Magill. “President Gay looks forward to sharing updates and information on the university’s work to support the Harvard community and combat antisemitism,” Harvard spokesperson Jason Newton said in a statement to CNN. Last weekend three Palestinian college students were shot in Burlington, Vermont.

Persons: Virginia Foxx, ” Foxx, Claudine Gay, Sally Kornbluth, Liz Magill, Gay, ”, Jason Newton, “, Magill, Penn, ” Penn, Steve Silverman, Marc Rowan, Dick Wolf, Jon Huntsman, Leon Cooperman, Israel, Nir Barkat Organizations: New, New York CNN, Harvard University, MIT, University of Pennsylvania, Education, Israel, Republican Rep, “, “ College, Penn, Harvard, CNN, Columbia, Ivy League, of Education, Cornell University , Columbia Locations: New York, Israel, Burlington , Vermont

☆ 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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