DIRS.INFO The most relevant business & tech news

☆ Henry Kissinger, a dominating and polarizing force in US foreign policy, dies at 100
▼ + stars: | 2023-11-29 | by ( Paul Leblanc | Kristin Wilson | ) edition.cnn.com time to read: +15 min

Alfred Eisenstaedt/Time & Life Pictures/Getty Images Kissinger takes a call in his office in the early 1970s. Bettmann Archive/Getty Images Kissinger talks with journalists on his way to meet with NATO foreign ministers. Bettmann Archive/Getty Images Kissinger, second from left, walks with Leonid Brezhnev, secretary-general of the Soviet Communist Party, in 1973. Bettmann Archive/Getty Images Kissinger looks out a window at the King David Hotel in Jerusalem in 1975. Chip Somodevilla/Getty Images Kissinger is greeted by US Sen. John McCain after a Senate Armed Services Committee hearing in 2015.

Persons: CNN — Henry Kissinger, Kissinger, Henry Kissinger, Stephen Voss, Walter, Heinz Alfred Kissinger, Henry, William P, Rogers, Alfred Eisenstaedt, Tom Blau, Richard Nixon, Nixon, Warren Burger, Alamy Kissinger, Le Duc Tho, Tho, Wally McNamee, Corbis, Zhou Enlai, Leonid Brezhnev, Dirck Halstead, Gerald Ford, Nancy, pats, King David Hotel, David Hume Kennerly, Kirk Douglas, David, Elizabeth, Mikki Ansin, Diana Walker, Peter Southwock, Princess Diana, Colin Powell, Barbara Walters, Diana, David McNew, George W, Bush, Charles Dharapak, Christian Wulff, Stephan Schraps, Hillary Clinton, Madeleine Albright, John Kerry, Chip Somodevilla, US Sen, John McCain, Tom Williams, Ash Carter, Yin Bogu, Cui Tiankai, Zhang Chaoqun, Donald Trump, Jim Watson, Andrew Harnik, Maximilian, Daniel Vogl, Xi Jinping, Nixon’s, Reagan, ” Kissinger, CNN’s Wolf Blitzer, ”, CNN’s Fareed Zakaria, “, Lincoln, Bernie Sanders, Count, ” Sanders, Clinton, “ I’ve, Zakaria Organizations: CNN, Kissinger Associates, Bettmann, Getty, Harvard University, Harvard's Center for International Affairs, National Security Council, US Arms Control, Disarmament Agency, State Department, Camera, State, Chief, Everett, Inc, Paris Peace Accords, MPI, NATO, Soviet Communist Party, Hulton, King, Times Newspapers, Concord Academy, Senate Energy, Richard, US Diplomacy Center, US, Armed Services, Nixon Library, Museum, Capitol, Science, Arts, New York’s, Nazis, United States Army, Jewish, Pentagon, CBS News, Richard Nixon Presidential Library, Republican Party Locations: Nazi Germany, Connecticut, Washington , DC, Fürth, Germany, United States, Paris, Beijing, ITAR, Washington ,, Japan, Egypt, Israel, Jerusalem, Massachusetts, Boston, New York, Yorba Linda , California, Berlin, Xinhua, AFP, Bavarian, Vietnam, China, Cambodia, Chile, Soviet, Saigon, Laos, New, Furth, Nazi, Soviet Union, South Vietnam, North Vietnam, Fuerth

☆ Henry Kissinger, the towering American diplomat, dies at age 100
▼ + stars: | 2023-11-29 | by ( Marty Steinberg | ) www.cnbc.com time to read: +25 min

President Gerald Ford (left) and Secretary of State Henry Kissinger talk together in the Oval Office, February 19, 1975. In his 2001 book "The Trial of Henry Kissinger," social critic Christopher Hitchens called him a war criminal. North Vietnam's Le Duc Tho (left) and US National Security Advisor Henry Kissinger at the Paris peace talks, January 1973. Chairman Zedong of the People's Republic of China meets U. S. Secretary of State Henry Kissinger on Nov. 12, 1973. On a helicopter during the period of shuttle diplomacy in the Middle East, Henry Kissinger talks to his wife, Nancy.

Persons: Henry Kissinger, —, Richard Nixon's, Kissinger, Richard Nixon, Richard Corkery, Duc Tho, Gerald Ford, Benjamin E, Ford, Warren Burger, Kissinger's, Paula, Gene, Forte, Seymour M, Hersh bashed Kissinger, Walter Isaacson's, Christopher Hitchens, Greg Grandin, Niall Ferguson, Kant, Clausewitz, Bismarck, Barry Gewen, Gewen, Elizabeth Holmes, Nixon, George Shultz, Holmes, Heinz Alfred Kissinger, Louis, Walter, Hitler, Kissingers, Fritz Kraemer, William Yandell Elliott, Spengler, Toynbee, Metternich, Castlereagh, Alfred Eisenstaedt, Mike Wallace, Wallace, Kennedy, Johnson, Republican Nelson Rockefeller, George Romney, Hubert Humphrey, Democratic Sen, George McGovern, McGovern, Nguyen Van Thieu, Reg Lancaster, Tho, Thieu, Mao, Gen, Agha Muhammad Yahya Khan, Nicolae Ceausescu, Zhou Enlai, Leonid Brezhnev, Andrei Gromyko, Dirck, Sen, Henry Jackson, Charles Vanik, Brezhnev, Spiro Agnew, Archibald Cox, Cox, Robert Bork, White, Alexander Haig, Anwar Sadat, David Hume Kennerly, Marxist Salvador Allende Gossens, Fidel Castro's, Martin Bernetti, Allende, Augusto Pinochet Ugarte, Pinochet, Ann Fleischer, Elizabeth, David, Nancy Maginnes, Rockefeller, Jill St, John, Candice Bergen, Shirley MacLaine, Liv Ullman, Diane Sawyer, , Napoleon, Nancy, David Rubinger, Maginnes, Moshe Dayan, Robert Dallek, Nixon's, Bob Woodward, Carl Bernstein, Paula Kissinger, Brooks Kraft Organizations: Gould, Kissinger Associates, National Security, Waldorf, Astoria, Richard Corkery | New York Daily, Forte, Soviets, State, Chief, New York, Theranos Inc, Economic, Nuremberg, George Washington High School, City College of New, Army, 84th Infantry Division, U.S ., Hesse . Harvard, Harvard, Confluence, Foreign, Eisenhower, Republican, Republican National Convention, Rockefeller and Michigan Gov, Democratic, District of Columbia, US National Security, Getty, Paris Peace, North, Nationalist, China, Bettmann, East Pakistan, of, U.S, Soviet Union ., Ballistic, Soviet, Washington, Egyptian Third Army, Department, West, Marxist, Museum, AFP, CIA, Israeli, Southern California Quaker, White, Partners, Power Locations: New York City, U.S, Connecticut, Richard Corkery | New, United States, Vietnam, Saigon, Viet, Soviet Union, Communist China, Israel, Egypt, Syria, Chile, Pakistan, Theranos, Ukraine, Russia, Davos, Switzerland, Fuerth, Germany, Bavarian, American, Nazi Germany, London, New York, City College of New York, Ahlem, Hanover, German, Krefeld, Hesse, Cambodia, Massachusetts, Haiphong, Paris, North, China, Washington, Taiwan, People's Republic of China, Beijing, Moscow, India, East, Bangladesh, Shanghai, USSR, Soviet, Kremlin, Dirck Halstead, Ohio, Saudi, Japan, Sinai, Alexandria, Cairo, Suez, Americas, Santiago, Cuba, Chilean, America, Europe, Virginia, Southern California

☆ Americans ditched big cities during the pandemic. Now many are regretting it.
▼ + stars: | 2023-11-27 | by ( Kelli María Korducki | ) www.businessinsider.com time to read: +12 min

Susan, a 30-something artist, lived in New York City when the pandemic struck. The pair had talked about moving to a smaller town someday — the pandemic just shortened their timeline. As rent prices in big cities shot up and jobs went remote, cash-strapped people were quick to take advantage of an unprecedented situation and try someplace new. It was also a favor to her husband, who never felt at peace in the bustle of the big city. A few months ago, she and her husband found a renter for their house and returned to the city.

Persons: Susan, Eager, Riordan Frost, Millennials, Frost, Alex Gatien, he's, Gatien, Alexander von Hoffman, von Hoffman, Sandro Galea, Galea, Kelli María Korducki Organizations: Harvard's, for Housing Studies, National Association of Realtors, New, Boston University School of Public, Boston University School of Public Health Locations: New York City, McMansions, Toronto, St, Lawrence, Canada, New York

[1/2] Russian President Vladimir Putin and Deputy Prime Minister Alexei Overchuk attend the G20 virtual summit via a video link in Moscow, Russia, November 22, 2023. "Yes, of course, military actions are always a tragedy," Putin told the virtual G20 meeting called by Indian Prime Minister Narendra Modi. "And of course, we should think about how to stop this tragedy," Putin said. Putin used the word "war" to describe the conflict instead of the current Kremlin term of "special military operation". "I understand that this war, and the death of people, cannot but shock," Putin said, before setting out the Russian case that Ukraine had persecuted people in eastern Ukraine.

Persons: Vladimir Putin, Alexei Overchuk, Mikhail Klimentyev, Putin, Ukraine Putin, Narendra Modi, Joe Biden, Sergei Lavrov, Vladimir Soldatkin, Guy Faulconbridge, Gareth Jones, Alex Richardson Organizations: Sputnik, REUTERS Acquire, Ukraine, Kremlin, Indian, United Nations, Human, West, Belfer, Harvard's Kennedy School, U.S, Thomson Locations: Moscow, Russia, Kremlin, Gaza, Ukraine MOSCOW, Ukraine, United States, Ukraine's, Crimea, Russian, Palestine, Ukrainian, West, Israel, Washington, New Delhi, Nusa Dua, Indonesia, Osaka, Japan

Jack Guez | Afp | Getty ImagesAfter a weekend of crisis and tumult, Sam Altman has returned as the CEO of OpenAI. Nathan Laine | Bloomberg | Getty ImagesBret Taylor, board chair Bret Taylor is currently a board member at the e-commerce platform Shopify . It isn't clear if Taylor's involvement with his own AI startup will cease with his appointment to lead OpenAI's board. OpenAI's board fired Altman Friday after determining he was "not consistently candid in his communications," but its members never elaborated further. Jack Guez | AFP | Getty ImagesIlya Sutskever Ilya Sutskever co-founded OpenAI and serves as its chief scientist.

Persons: Sam Altman, Ilya Sutskever, Jack Guez, Altman, There's, Satya Nadella, Nadella, Here's, Bret Taylor, Nathan Laine, He's, Elon, Taylor, Salesforce, Larry Summers, David A, CNBC Larry Summers Larry Summers, Clinton, Summers, Jack Dorsey, Adam D'Angelo Adam D'Angelo, D'Angelo, Helen Toner, CSET, Vox, Jerod Harris, Helen Toner Helen Toner, Toner, Tasha McCauley, Carlton Laguna Nigel, Tasha McCauley Tasha McCauley, Joseph Gordon, Levitt, McCauley, Ilya Sutskever Ilya Sutskever, Sutskever, Greg Brockman, Brockman, Brockman's, Sven Hoppe Organizations: Tel Aviv University, Afp, Getty, Microsoft, CNBC, Sequoia, Tiger Global, Salesforce, Viva Technology Conference, Bloomberg, Google, Economic, Grogan, Harvard University, Obama, Economic Council, Twitter, Meta, Facebook, The Ritz, Carlton, Georgetown University's Center for Security, Emerging Technology, Philanthropy, Business Development, Ritz, Rand Corporation, GeoSim Systems, AFP, University of Toronto, Stanford, Technical University of Munich Locations: Tel Aviv, Paris, Davos, Switzerland, Washington, Laguna Niguel, Dana Point , California, Russian Israeli, Canadian

☆ Putin Says We Must Think How to Stop 'The Tragedy' of War in Ukraine
▼ + stars: | 2023-11-22 | by ( Nov. | At A.M. | ) www.usnews.com time to read: +4 min

By Guy Faulconbridge and Vladimir SoldatkinMOSCOW (Reuters) -Russian President Vladimir Putin told the leaders of the Group of Twenty (G20) on Wednesday that it was necessary to think about how to stop "the tragedy" of the war in Ukraine, some of his most placatory remarks to date about the conflict. "Yes, of course, military actions are always a tragedy," Putin told the virtual G20 meeting called by Indian Prime Minister Narendra Modi. "And of course, we should think about how to stop this tragedy," Putin said. Putin used the word "war" to describe the conflict instead of the current Kremlin term of "special military operation". "I understand that this war, and the death of people, cannot but shock," Putin said, before setting out the Russian case that Ukraine had persecuted people in eastern Ukraine.

Persons: Guy Faulconbridge, Vladimir Soldatkin MOSCOW, Vladimir Putin, Putin, Narendra Modi, Joe Biden, Sergei Lavrov, Vladimir Soldatkin, Gareth Jones, Alex Richardson Organizations: Kremlin, Indian, Ukraine, United Nations, Human, West, Belfer, Harvard's Kennedy School, U.S Locations: Ukraine, Russia, United States, Ukraine's, Crimea, Russian, Palestine, Gaza, Ukrainian, West, Moscow, Israel, Washington, New Delhi, Nusa Dua, Indonesia, Osaka, Japan

☆ 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

☆ Bill Ackman's 3,138-word letter to the president of Harvard shows he's not slowing down in his fight against antisemitism
▼ + stars: | 2023-11-06 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +6 min

Bill Ackman sent a 3,138-word letter to the president of Harvard on November 4. On Saturday, Ackman took to X — the platform formerly known as Twitter — to share a 3,138-word letter he sent to Harvard President Claudine Gay. AdvertisementAdvertisementIn the letter, Ackman outlined a seven-step plan that he says Harvard can take to reduce antisemitism on campus. Please see my below letter to the President of Harvard University sent today:November 4, 2023Dear President Gay,I am writing this letter to you regretfully. "I would be delighted to help in any way that I can to enable you to succeed in this mission and as Harvard's president.

Persons: Bill Ackman, Ackman, —, Bill Ackman isn't, X, Claudine Gay, Gay, …, Israel, wouldn't, Nikki Haley, MSNBC's Mehdi Hasan, Hasan, Winston, Strawn, he's Organizations: Harvard, Service, Israel, Harvard Business School, Palestine, Harvard University, Hamas, GOP, New York University, Ackman Locations: Israel

☆ Bill Ackman is now calling on Harvard to issue suspensions and disciplinary actions for both antisemitic and pro-Palestinian actions on campus
▼ + stars: | 2023-11-05 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +6 min

Bill Ackman sent a letter to Harvard President Claudine Gay on Saturday. He called for suspensions and disciplinary action to curb anti-Israel and antisemitic activity. Ackman previously called on Harvard to name the students behind a letter critical of Israel. Please see my below letter to the President of Harvard University sent today:November 4, 2023Dear President Gay,I am writing this letter to you regretfully. AdvertisementAdvertisement"I want to make one thing absolutely clear: Antisemitism has no place at Harvard," Gay said in her latest comments, made at Harvard Hillel, a community for Jewish life at Harvard, on October 27.

Persons: Bill Ackman, Claudine Gay, —, Ackman, Gay, …, Slack Organizations: Service, Harvard, Harvard University, Harvard Business School, Equity, Diversity, Rights, Harvard Hillel, Harvard Crimson Locations: Israel, Harvard, Palestine, Gaza

☆ Bill Ackman went on a crusade to publicly out Harvard's anti-Israel students. He's having second thoughts.
▼ + stars: | 2023-11-01 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Bill Ackman seems to be reconsidering his earlier calls to out anti-Israel Harvard students. AdvertisementAdvertisementAfter calling on Harvard University to reveal the names of students who signed an anti-Israel letter last month, billionaire Bill Ackman isn't so sure anymore. Compare the generational differences on support for Hamas," Ackman wrote. The poll also found that 48% of those between the ages of 25 and 34 felt Hamas' attacks were justified. AdvertisementAdvertisementFollowing Ackman's tweets, scrutiny on the Harvard letter prompted some co-signees groups to publicly withdraw their support for the statement.

Persons: Bill Ackman, Ackman, —, Bill Ackman isn't, Israel, Claudine Gay Organizations: Israel Harvard, Harvard, Service, Harvard University, Google, Social, Hamas, Harvard's Center, American Political Studies, Harris Locations: Israel, Hamas

☆ Larry Hogan Withdraws From Harvard Fellowships Over 'Antisemitism' on Campus
▼ + stars: | 2023-10-24 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Larry Hogan is pulling out of two Harvard University fellowship programs. Hogan said this was in response to "dangerous anti-Semitism" that had "taken root" on its campus. AdvertisementAdvertisementFormer Maryland Governor Larry Hogan is the latest prominent figures to cut ties with Harvard, saying he's withdrawing from the university's fellowship programs over what he claims is "dangerous anti-Semitism" on campus. "I cannot condone the dangerous anti-Semitism that has taken root on your campus, especially by more than 30 Harvard student organizations attempting to justify and celebrate Hamas' terrorism against innocent Israeli and American civilians." Gay, the university's president, has made multiple statements condemning Hamas' violence and has stressed that the student groups don't speak for Harvard or its leadership.

Persons: Larry Hogan, Hogan, —, Claudine Gay, Gay, Hauser, Jacinda Ardern, Israel, Bill Ackman, Idan, Batia Ofer, Les Organizations: Maryland Gov, Harvard University, Service, Harvard, Hamas, University, Harvard's Kennedy School of Politics, Chan, of Public Health, Harvard Kennedy School, Kennedy School, New Zealand, Hauser, Republican, Business, Wexner Foundation, Gay, Palestine Solidarity Committee, PSC Locations: Israel, Maryland

☆ Former Maryland Gov. Larry Hogan withdraws from Harvard fellowships over 'dangerous antisemitism'
▼ + stars: | 2023-10-24 | 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 EmailFormer Maryland Gov. Larry Hogan withdraws from Harvard fellowships over 'dangerous antisemitism'Larry Hogan, former Maryland Governor, joins 'Squawk Box' to discuss the 'dangerous anti-Semitism' taking place on Harvard's campus, how Hogan's response would've differed to what happened at Harvard University, and if the students are taking it too far.

Persons: Larry Hogan Organizations: Former Maryland Gov, Harvard, Maryland Governor, Harvard University Locations: Maryland

☆ 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

☆ A price cap on Russian oil aims to starve Putin of cash. But it’s largely been untested. Until now
▼ + stars: | 2023-10-23 | by ( ) www.cnbc.com time to read: +8 min

For months after Ukraine's Western allies limited sales of Russian oil to $60 per barrel, the price cap was still largely symbolic. That time has now come, putting the price cap to its most serious test so far and underlining its weaknesses. But most of that, economists say, stems from Europe's ban on Russian oil, which cost Moscow its main customer. The U.K. Treasury says it is "actively undertaking a number of investigations into suspected breaches of the oil price cap." "And there's a reason why the shippers haven't really complained or haven't flagged any issues with the oil price cap — because it's very easily circumvented."

Persons: —, Hilgenstock, P Global Platts, It's, Benjamin Hilgenstock, Vladimir Putin, They're, Viktor Katona, haven't, Alexander Novak, Putin, Novak, Europe —, Craig Kennedy, doesn't, Nataliia Shapoval, Shapoval Organizations: Salym Petroleum, U.S . Treasury Department, Stanford University, Research, Energy, Clean, P Global, Kyiv School of Economics, International Monetary Fund, Russia, U.S . Treasury, United Arab Emirates, Treasury, Radio Business, Harvard's Davis Center for Russian, Studies, Kyiv, Stanford, Tanker Locations: Salym, Russia, Ukraine, Israel, U.S, Moscow, Helsinki, Saudi Arabia, Ukrainian, Europe, Kozmino, Turkey, India, Russian, Asia

☆ '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

☆ 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

☆ Harvard posts investment gain in fiscal 2023, endowment stands at $50.7 billion
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +2 min

BOSTON, Oct 19 (Reuters) - Harvard University's endowment fund, the world's largest university endowment, posted a small investment gain that bested several other top U.S. universities' returns but saw the value of the fund shrink as more was paid to university operations. Harvard Management Co said on Thursday that it earned a 2.9% return in the fiscal year that ended June 30, leaving the total endowment at $50.7 billion. A year earlier it lost 1.8% amid tumbling markets but the endowment ended at $50.9 billion. Returns from these schools are watched closely because they pioneered putting money into hedge and private equity funds. Rival Yale University returned 1.8% while the University of Pennsylvania returned 1.3%.

Persons: N.P, Narvekar, Svea Herbst, Bayliss, Diane Craft Organizations: BOSTON, Harvard, Harvard Management, Harvard Management's, Private, Rival Yale University, University of Pennsylvania, Massachusetts Institute of Technology, Columbia University, Stanford, Svea, Thomson

☆ 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

☆ Billionaire Ronald Lauder threatens to stop Penn donations unless the school takes a stronger stance against antisemitism
▼ + stars: | 2023-10-17 | by ( Madeline Berg | ) www.businessinsider.com time to read: +6 min

Billionaire Ronald Lauder wrote a letter threatening to stop donations to the University of Pennsylvania. AdvertisementAdvertisementRonald Lauder, the billionaire Estée Lauder heir, wrote a searing letter to the University of Pennsylvania's president threatening to stop donations to the school if it doesn't take a stronger stance against antisemitism. "Those invited to the event had a history of not just strong anti-Israel bias, but outright antisemitism," he wrote. "The University did not, and emphatically does not, endorse these speakers or their views," Magill wrote in an email to the Penn community on Sunday. Lauder, who is worth $4.5 billion, per Forbes, has donated millions of dollars to Penn, as has his brother, Leonard.

Persons: Ronald Lauder, Lauder, —, Estée Lauder, Penn, Elizabeth Magill, Marc Rowan, Dick Wolf, Huntsman, David Magerman, Rowan, Magill, Steve Fluharty, Fluharty, Leonard, Batia Ofer, Israel's, Les Organizations: University of Pennsylvania, Service, University of, Apollo Global Management, Penn, Wolf Humanities Center, Ivy League, The Daily, Penn's Department of Arts and Science, University, Forbes, Institute, Wharton School, Penn Law, The Lauder Institute, Republican, Jewish, Harvard, Harvard's Kennedy School, University of Pennsylvania's Locations: Israel, Palestine, Penn, Cambridge

☆ 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

☆ Harvard's Arthur Brooks: We need 'policies of saying less' about current events and political issues
▼ + stars: | 2023-10-16 | 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 EmailHarvard's Arthur Brooks: We need 'policies of saying less' about current events and political issuesArthur Brooks, American Enterprise Institute president emeritus, Harvard University professor and ‘Build The Life You Want’ co-author, joins 'Squawk Box' to discuss the rising tensions around the country as the Israel-Hamas war enters its second week, how leaders in politics, business, education and other areas should respond to the violent conflict, and more.

Persons: Harvard's Arthur Brooks, Arthur Brooks Organizations: American Enterprise Institute, Harvard University Locations: Israel

☆ 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

☆ 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

☆ 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

☆ Vivek Ramaswamy says it's 'not productive' for companies to blacklist Harvard students who make 'dumb' statements like blaming Israel for the Hamas attacks
▼ + stars: | 2023-10-15 | by ( John L. Dorman | ) www.businessinsider.com time to read: +5 min

"I say this as someone who vehemently disagrees with those Harvard student groups," he wrote on X. "The Harvard student groups who co-signed the anti-Israel letter are simple fools," Ramaswamy wrote. "But it's not productive for companies to blacklist kids for being members of student groups that make dumb political statements on campus." I say this as someone who vehemently disagrees with those Harvard student groups." But it’s not productive for companies to blacklist kids for being members of student groups that make dumb political statements on campus.

Persons: Vivek Ramaswamy, Bill Ackman, —, it's, Ramaswamy —, who's, Ramaswamy, Donald Trump, Ackman Organizations: Harvard, Service, Sunday, Yale, Republican, Israel Locations: Israel, Harvard's, Cambridge , Massachusetts

Search resuls for: "Harvard's"

25 mentions found