Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "alumni"


25 mentions found


CNN —Black History Month, which gets underway this week, is a chance to give Americans the timely reminder that you can’t teach our history honestly without understanding Black struggle and triumph. There are few aspects of America’s past that haven’t been impacted by conscientious Black people and their resistance to systemic racism and illiberal democracy. The situation at Harvard has been made more dire by the university’s failure to push back sufficiently against broader political attacks. Another vocal critic of Penslar is the former Harvard president Lawrence Summers, who was also an outspoken opponent of Gay’s. As an academic institution, we should be leading the resistance to these assaults on higher education, not bowing to them.
Persons: Khalil Gibran Muhammad, ” Khalil Gibran Muhammad, Virginia Foxx, ” Foxx, , Claudine Gay, Foxx, , haven’t, Donald Trump, Adolph Hitler, Alan Garber, Gay, , Garber, Derek J, Harvard’s, Penslar, Bill Ackman, Lawrence Summers, Black Organizations: Ford Foundation, Harvard University, CNN, Harvard Kennedy School, Republican, University of Pennsylvania, GOP Rep, Global, Harvard Divinity School, , Racial, Harvard, Republican Party, Equity Locations: American, United States, America, Florida, Gaza, Israel
A Peloton Bike inside a showroom in New York, US, on Wednesday, Nov. 1, 2023. The company issued dismal guidance for the current quarter and a tepid full-year sales outlook. For its fiscal third quarter, Peloton expects sales to be between $700 million and $725 million, compared to a Wall Street estimate of $754 million, according to LSEG. The company expects its adjusted EBITDA loss to be between $20 million and $30 million, compared to analyst estimates of a loss of $2 million, according to StreetAccount. "We saw exceptionally strong sales growth through these channels this holiday season, with Y/Y unit growth of 74% in Q2," McCarthy said.
Persons: Barry McCarthy, Liz Coddington, McCarthy Organizations: Interactive, Wall, LSEG, Sporting Goods, Dick's Sporting Goods, University of Michigan Locations: New York, Ohio
New York CNN —Peloton shares slid more than 20% Thursday after the fitness company said it expects to report another loss in the current quarter and is trimming its full-year revenue forecast, signaling that its several years-long turnaround is spinning out. CEO Barry McCarthy wrote in a letter to investors that some of his ideas have failed, including a push into selling Peloton bikes with college colors. McCarthy revealed that the company “sold substantially fewer bikes to alumni and boosters than we expected.” The short-lived program will be discontinued. He said the experience has “tarnished our brand” and that the busy holiday shipping season was “particularly taxing” for customers. The connected fitness company adjusted its full-year revenue lower from the previous $2.7 billion to $2.8 billion expected, with Peloton now forecasting it to be between $2.68 billion and $2.75 billion.
Persons: Barry McCarthy, McCarthy, Lululemon “, TikTok Organizations: New, New York CNN, Sporting Goods, Consumer Product Safety Locations: New York
London CNN —A South African entrepreneur who designed a smart locker system that improves access to healthcare has won a major award for African engineering. In June, the usual iteration of the Africa Prize will also go ahead, during which four finalists will battle it out for a £25,000 ($31,600) prize. “There isn’t enough funding available for African startups,” she tells CNN. “We don’t want all the funding to come in the form of grants, as we see in the Africa Prize. We want investors to start to believe that they can also make money by investing in African startups.
Persons: Pelebox, King Charles III’s, Anne, James Oatway, Royal Academy of Engineering Hutiri, , , Aisha Raheem, Farmz2U, Samuel Njuguna, Rebecca Enonchong, It’s, That’s, Organizations: London CNN, UK’s Royal Academy of Engineering, Africa, Engineering Innovation, Academy, SMS, Royal Academy of Engineering, , CNN, Chura, The Academy Locations: African, London, South Africa, Namibia, Botswana, Africa, Nigerian, Kenya, Nigeria, Egypt
Sales fell to $744 million in the second quarter, which company executives consider its most important quarter. That amounts to a 6% decline from a year ago and a whopping 34% fall from two years ago. New York-based Peloton lost 54 cents per share in the period and hasn't posted a quarterly per-share profit in three years. Peloton enjoyed incredible sales growth during the height of the coronavirus pandemic and its share price multiplied by more than five times in 2020 amid lockdowns. Last fall, Peloton and athletic wear maker Lululemon announced a five-year partnership with the interactive fitness company, becoming the exclusive digital fitness content provider for Lululemon, which became the primary athletic apparel partner to Peloton.
Persons: hasn't, Barry McCarthy, treadmills, John Foley, Lululemon Organizations: University of Michigan Locations: New York
The attorneys general of Tennessee and Virginia filed suit on Wednesday against the N.C.A.A., saying the body that regulates college athletics has no right to block the increasingly common practice of wealthy boosters paying to attract top recruits. The suit was filed a day after the disclosure that the N.C.A.A. was investigating the University of Tennessee’s football program for recruiting violations involving a donor group that arranges to pay athletes. The driving force behind that change has been donor collectives, which are groups of alumni and other boosters who donate money that is used to compensate top athletes, sometimes in amounts approaching professional levels. In effect, the collectives pay salaries disguised as endorsements, and they now play a central role in the process of wooing players in football, basketball and other sports.
Organizations: University of Tennessee’s Locations: Tennessee, Virginia
Quadir told CNBC she has a short position in the stock, meaning she is betting that the share price will decline. "We believe that Adtalem is completely uninvestable, the number of existential risks that exists today should cause alarm for any investor that's looking into this company," Quadir said. In 2017, DeVry Education changed its DV ticker symbol to Adtalem's current ATGE, completing the rebranding of DeVry into Adtalem. Quadir's report found that among Adtalem's properties, the online college Walden University has a graduation rate of just 29%. Adtalem's stock price has soared over 75% in just seven months, from just over $33 a share in late June, to more than $60 a share at Monday's open.
Persons: Quadir, Safkhet, Bridget Bennett, Rafael Henrique, Lightrocket, DeVry, Adtalem Organizations: Bloomberg, Getty Images WASHINGTON, Walden University, Chamberlain University, Ross University School of Medicine, CNBC, Safkhet, Netflix, Education, DeVry University, Cogswell Education, Blackrock, Vanguard, Department of Education, Higher Locations: Las Vegas , Nevada, U.S, Barbados, Quadir, Adtalem
Investment firm CEO Ken Griffin accused Harvard University of producing "whiny snowflakes." He's donated a total of over $500 million to Harvard as of April. "I'm not interested in supporting the institution," Griffin said during the MFA Network conference in Miami on Tuesday. Griffin said Harvard is now producing "whiny snowflakes." AdvertisementDropout Mark Zuckerberg has backed a former Facebook exec for a slot on the Harvard Board of Overseers, The Harvard Crimson reported.
Persons: Ken Griffin, Griffin, He's, , Claudine Gay, I'm, he's, Gay, Bill Ackman, Mark Zuckerberg Organizations: Harvard University, Ivy League, Harvard, Service, Citadel, Network, Harvard Gazette, Harvard Crimson Locations: Miami
By Anirban Sen(Reuters) - Merchant bank BDT & MSD Partners, the owner of Alliance Laundry Systems, is exploring a sale of the U.S. laundry equipment manufacturer that could value it at nearly $5 billion, including debt, according to people familiar with the matter. BDT & MSD Partners, Alliance Laundry, and Morgan Stanley declined to comment. It supplies laundry systems to U.S. military facilities, laundromat chains, hotels, long-term healthcare facilities and clinics, restaurants, fire stations, residential apartments, and other businesses across sectors. In 2015, Ontario Teachers’ Pension Plan sold its majority stake in Ripon, Wisconsin-based Alliance Laundry to BDT Capital Partners, prior to its merger with MSD Partners. BDT & MSD Partners is run by former Goldman Sachs alumni Trott and Gregg Lemkau.
Persons: Anirban Sen, Morgan Stanley, Michael, Byron, Primus, Goldman Sachs, Trott, Gregg Lemkau, Silver, Armour, Shari Redstone, Chizu Nomiyama Organizations: Reuters, Merchant, MSD Partners, Alliance Laundry Systems, Alliance, Laundry, BDT Capital Partners Locations: Ontario, Ripon , Wisconsin, New York
New York CNN —Each January, Harvard University alumni are eligible to gather enough signatures to run for the university’s Board of Overseers. Mark Zuckerberg is throwing his support behind former Facebook exec Sam Lessin, a venture capitalist calling for significant reform to Harvard. Ackman, who led the campaign to oust former Harvard president Claudine Gay, is drawing attention to the tedious process of gathering signatures from alumni. “In the securities world, the SEC would come in an prosecute a company that made it this difficult to vote for an alternative slate,” Ackman wrote. It’s not more complicated than that.”During the virtual event on Friday, Zuckerberg said Lessin is the “type of person” he’d want governing Harvard.
Persons: Mark Zuckerberg, Sam Lessin, Lessin, Penny Pritzker, Bill Ackman, Ackman, Claudine Gay, Gay, , ” Ackman, ” Harvard, Bill, ” Lessin, , they’ve, Zuckerberg, Josh Kushner, Alfred Lin, Mark, He’s, It’s, Sam, ” Zuckerberg Organizations: New, New York CNN, Harvard University, university’s, Harvard, Facebook, Harvard Corporation, SEC, , CNN, Sequoia Locations: New York, Harvard, Israel
What if athletes could sell a percentage of their future earnings to investors, the same way tech entrepreneurs offer a stake in their promising new ideas in return for venture capital? "We look at the game very, very differently than everyone else," Schwimer tells the pitcher. Finlete is launching a fund that allows fans to buy shares in a prospect's future earnings. What if you could sell a share of your future earnings, he asked, for $10,000? Today, he says, more than 80% of the players BLA has invested in are outside the league's top 300 prospects.
Persons: They're, Michael Schwimer, , Schwimer, BLA, haven't, Fernando Tatis Jr, We've, it's, Daniil, David Liberman, Garrett Broshuis, he'd, He'd, Houdini, Christian Petersen, Erik Kratz, Kratz, Cole Hamels, Hamels, Sean M, Marvin Bush, George W, Bush, Paul DePodesta, bankroll BLA's, Bill Miller, Miller, HBO's, Michael, Jeff Bezos, Bezos, I'd, I'm, Steven Duncker, Goldman Sachs, Elly De La Cruz, Dylan Buell, phenom, Scott Boras, Yermín Mercedes, Francisco Mejía, countersue Mejia, Gervon Dexter, they're, Dexter, Wharton, He's, he'll, isn't, scoffing, he's Organizations: Philadelphia Phillies, Big League, San Diego Padres, Benchmark Capital, Sports, Wharton Sports Business, MLB, University of Virginia, Partners, Phillies, Getty, AAA, Arizona Fall League, Ritz Carlton, Cleveland Browns, Dodgers, Cleveland Indians, Big League Advance, Chicago Bears, University of Florida, Huntsman, NCAA Locations: Maryland, Philadelphia, United States, baseball's, Latin America, America, Dominican Republic, Cleveland, Florida
New York CNN —The growing battle between Ivy League institutions and frustrated alumni is now playing out at Cornell University. A prominent alumnus and longtime donor is calling for the immediate resignations of Cornell President Martha Pollack and Provost Michael Kotlikoff, arguing the university’s diversity policies have created a “toxic” environment. Jon Lindseth, an emeritus member of Cornell’s board of trustees, penned an open letter demanding university leaders clean house. Lindseth’s criticism of Cornell’s DEI policies are supported by the Cornell Free Speech Alliance, an alumni group founded in August 2021 pushing to reform the university. While the website for Cornell’s board of trustees does indicate meetings are scheduled, university officials say these are not emergency meetings.
Persons: Martha Pollack, Provost Michael Kotlikoff, Jon Lindseth, Lindseth, Cornell “, ” Lindseth, Bill Ackman, Claudine Gay, Pollack, ” Kraig Kayser, , , ” Joel Malina, ” Cornell Organizations: New, New York CNN, Ivy League, Cornell University, Cornell, Harvard, Cornell Free Speech Alliance, Department of Education, Committee, University and Pennsylvania, Massachusetts Institute of Technology Locations: New York, America, Israel
The healthcare startup, Forta, raised a Series A funding round in January led by Insight Partners. Das added that because every child using Forta receives personalized care, the startup's AI is trained to look at health records and recommend treatments. Indeed, a clinician shortage is creating opportunities for digital health startups to build out mental healthcare services. Mental health coaching startup tapouts just raised a $3.2 million seed round, while incumbents Brightline and Hazel Health have each raised tens of millions of dollars to provide pediatric mental healthcare. Take a look at the 14-slide pitch deck Forta used to raise its $55 million Series A funding round.
Persons: , Warby Parker, Allbirds, Forta, Ritankar Das, Forta's, Das, Hazel Organizations: Service, Business, Insight Partners, Exor Ventures, Ventures, Mental, Hazel Health
A former high-ranking lawyer at the Federal Deposit Insurance Corporation pleaded guilty Tuesday in federal court to conspiring to sexually exploit multiple children and now faces a mandatory minimum prison sentence of 15 years. "Black and his co-conspirators would covertly record this conduct and share the videos with each other," the DOJ said. Black pleaded guilty Tuesday in U.S. District Court in Alexandria, Virginia, to one count of conspiracy to produce child pornography and one count of coercion and enticement. He faces a mandatory minimum sentence of 15 years in prison and a maximum sentence of life behind bars. The FDIC said Black's criminal activity "had nothing whatsoever to do with the FDIC," and did not involve the use of agency computers or other devices.
Persons: Mark Black, Black Organizations: Federal Deposit Insurance Corporation, Arlington Aquatic, FDIC, Justice, DOJ, CNBC, FBI, U.S . Center, SafeSport, U.S, Olympic Locations: Arlington, Virginia, Arlington ., U.S, Alexandria , Virginia
The end of workplace loyalty
  + stars: | 2024-01-22 | by ( Aki Ito | ) www.businessinsider.com   time to read: +16 min
Do that, and you generate the kind of trust and loyalty that leads to high productivity and low turnover. A world in which the psychological contract is profoundly broken. In the three decades following World War II, as Rick Wartzman documents in his book " The End of Loyalty ," a booming economy made American companies rich. Today, disillusioned workers might assume that the norm of workplace loyalty was nothing but a capitalistic ruse, a way for companies to exploit their employees. But the new loyalty would recognize that employees have to uphold their end of the bargain.
Persons: I've, Gen Xers, Gen Zers, they'll, Rick Wartzman, Wartzman, Denise Rousseau, Rousseau, who's, Mark, , it's, I'm, he's, quitters, Nick Bloom, Stanford University who's, Anthony Klotz, Klotz, they're, It's, Aki Ito Organizations: Companies, Kodak, GE, Carnegie Mellon University, Stanford University, University College London, Employers, Business
Zhao, Croucher, and career coach Stacey Perkins outlined four tips for job seekers in today's labor market. Make a job planPerkins, a career coach at organizational consulting firm Korn Ferry, suggested job seekers figure out a robust strategy for job searching, which doesn't mean simply submitting your résumé to many places. Perkins suggested looking at who you have a mutual connection with or identifying who you already know at the places noted on the list. AdvertisementFor people just graduating and looking for work, Croucher suggested looking for an internship first because it could be easier to get. AdvertisementBut job seekers should be picky about what they want to include.
Persons: , Daniel Zhao, Zhao, Rebecca Croucher, Croucher, Stacey Perkins, Perkins, Korn Ferry, you've, It's, it's Organizations: Service, Business, Labor Statistics hasn't, BLS, North Locations: North America, ManpowerGroup
Wayfair said on Friday that it was cutting 13% of its global workforce, or around 1,650 workers. This came only weeks after CEO Niraj Shah sent a companywide email saying Wayfair was "back to winning" but also warning that staff should be careful with its money. AdvertisementNorth American staff would receive an email shortly letting them know whether their roles had been affected, while laid-off staff in Europe had already begun discussions with HR about the next steps, Shah said. Read the full email Shah sent to Wayfair staff below. First, I want to be clear that there are many things at the company that are going well.
Persons: Wayfair, Niraj Shah, Shah, we've, you'll, Covid, Organizations: Talent, Covid Locations: Europe, North America, Wayfair
(AP) — Many students at a historically Black college in Missouri returned from Christmas break this week dressed in black, mourning the suicide of a beloved administrator who had alleged bullying and racism by the school's white president. Today, a white president at an HBCU is a rarity, she said. Just 30 miles (50 kilometers) from Lincoln University, anti-racism protests erupted at the University of Missouri’s Columbia campus in 2015, forcing that school’s president to resign. One Black student at the overwhelmingly white campus went on a weeklong hunger strike. Friends of Candia-Bailey said Moseley was never a good fit to lead the historically Black university.
Persons: Antoinette Bonnie Candia, John Moseley, Moseley, , Xoe Binford, Victor Pasley, Monica Graham, Bailey, Graham, ” Candia, ” Moseley, Marybeth Gasman, of, Eric Malone, , wasn’t, ” Kendra Perry, ” Perry, Candia, Pasley, ” Pasley, Cierra Tillman, ” Tillman, Perry, Bonnie, ” ___ Hollingsworth Organizations: JEFFERSON CITY, Lincoln University, University, Rutgers University, Bluefield, Harvard University, U.S, Supreme, University of Missouri’s Columbia, Lincoln, , Associated Press Locations: Mo, Missouri, Jefferson City, Lincoln, Candia, Black, Bluefield State, West Virginia, Mission , Kansas
Why Lamar Jackson is in a league of his own
  + stars: | 2024-01-19 | by ( Ben Morse | ) edition.cnn.com   time to read: +10 min
He’s had some up-and-down years through injury and offensive woes, but this season Jackson has been back to his best, leading a No. 1 playoff seed and, while the year ended in playoff disappointment, Jackson had delivered one of the best regular seasons ever by an NFL quarterback. Jackson speaks after winning the NFL MVP award at the end of the 2019 season. “To be honest with you, I really didn’t care for other teams, really,” Jackson told reporters during his signing press conference. That’s the accolade that I really want so bad.”And now, with a second NFL MVP almost certainly sewn up, don’t bet again Jackson lifting the Vince Lombardi Trophy on February 11.
Persons: CNN —, LeBron James, Lamar Jackson, Michael Vick, He’s, Jackson, Jackson scrambles, Michael Owens, Jim Rassol, Lance Zierlein, quarterbac Vick, Julie Jacobson, , , “ It’s, LeBron James ’, Reassuringly, Ozzie Newsome, Joe Flacco, Flacco, hadn’t, Tom Brady, David J, Phillip, There’s, ” Jackson, Thearon, Henderson, ’ Jackson, wasn’t, ’ …, Nick Shook, Rob Carr, Jim Gray, don’t, Vince Lombardi Organizations: CNN, NBA, NFL, Baltimore Ravens, Miami Dolphins, Boynton Beach High School, Sun Sentinel, Tribune, Service, Louisville Cardinals, Atlantic Coast Conference, Louisville, Ravens, Cincinnati Bengals, Baltimore, Bowl, San Francisco 49ers, Levi's, Getty, AFC, Los Angeles Rams Locations: Florida, Jackson, Baltimore, Maryland
The Oscar winner Ariana DeBose. Eleven cast members of last year’s Broadway production of “Bob Fosse’s Dancin’.”Those are just a few notable alumni of New York City Dance Alliance, a dance competition and convention celebrating its 30th anniversary this winter. It’s also the kind of name parade that makes Joe Lanteri, the organization’s founder and executive director, uncomfortable. “Of course I’m so proud of all these dancers,” Lanteri said. “But I can’t take credit for their success — for the work that every dance teacher and studio owner did with them in the trenches, for the whole community that helped them.”
Persons: Ariana DeBose, Derek Hough, Catherine Hurlin, Tiler Peck, Taylor Stanley, Bob Fosse’s Dancin, It’s, Joe Lanteri, ” Lanteri, Organizations: New York City Dance Alliance
There was one answer, he said, that would always be acceptable in his class filled with second-year students at the U.S. Military Academy. President Joe Biden, in his first campaign address of the year, warned about Trump's rhetoric on the military and its leadership. With cadets and midshipmen drawn from across the United States, students at West Point and other service academies are aware of the national mood and the potential for political divisions to seep into the military. At West Point, the Constitution and the oaths are not only embedded throughout the curriculum, they also permeate the campus. Avoiding it would not be an option, said Reeves, whose family ties to West Point date to the 19th century.
Persons: Joe Amoroso quizzed, , ” Amoroso, It’s, Trump, Mark Milley, Joe Biden, Milley, Marybeth Ulrich, Darrell Miller, Democrat Biden, Miller, , Bryan Agustin, Ulysses S, Grant, Dwight D, Eisenhower, Shane Reeves, Jan, Reeves, Biden, Organizations: U.S . Military Academy, Hesitantly, Joint Chiefs of Staff, West, Trump, Air Force Academy, U.S . Capitol, Civil, Military Relations, Space Force, Buckley Space Force Base, Democrat, Republican Trump, Defense, Goodfellow Air Force Base, Union Army, 101st Airborne, Central High School, GOP, Associated Press, AP Locations: United States, Denver, Texas, West, Little Rock , Arkansas, Brig
In the summer of 2019, she was listening to a podcast that mentioned side hustles that included selling on Etsy and blogging. The podcast advertised a course from Gold City Ventures that taught people how to create and sell digital printables on Etsy. Jimenez decided she wanted to give it a try and signed up for the course while simultaneously creating her Etsy store. AdvertisementHer Etsy sales began to pick up. "So maybe there's 10,000 people searching for that every month, but there's 100,000 people that have made those cards.
Persons: Rachel Jimenez, didn't, Jimenez, hadn't, I, there's, Etsy, they're Organizations: Service, Claremont Graduate University, Gold City Ventures, Facebook Locations: Etsy
Waiting for months to find out if I got into the college of my dreams was painful. But here's how I got through the waiting period with my sanity intact. AdvertisementI didn't try to avoid thinking about college or my applicationsIf I could have forced myself to stop thinking about my college applications, I would have. Eventually I got accepted into my dream school, Yale. With that mindset, the waiting period flew by, and I was able to enjoy those last few months of high school.
Persons: , that's, Weeks, I'd, hypotheticals, I'm Organizations: Service, Business, UNC Charlotte, Yale, Ivy League Locations: Charlotte
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe head of Russia's foreign intelligence service claimed Thursday that the US could meddle in Russia's upcoming presidential election. Washington could do this, SVR chief Sergei Naryshkin baselessly claimed, by creating a "fifth column" in Russia consisting of Russians who participated in US-funded exchange programs. The term "fifth column" refers to a group of people working to undermine a nation's interests from within. Naryshkin was parroting Russian President Vladimir Putin, who has repeatedly warned of a fifth column within the country's borders.
Persons: , Sergei Naryshkin baselessly, Naryshkin, Anastasia Burakova, Washington, they'll, Vladimir Putin Organizations: Service, Business, USAID, Foreign Relations, Government Locations: Washington, Russia, USAID, Europe, Leningrad Oblast, Russian, masse, Ukraine
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementEven students who have gone megaviral for acceptance videos showing they got into multiple Ivy League schools called social media a major stressor. Schools are rethinking their admissions processes amid a glut of applicantsAn exponential increase in applications has benefited schools financially and reputationally. "A lot of these schools are making so much money from these application fees, which are $80, $90," Rim said. AdvertisementAnd as the game gets more and more competitive year after year, students know they must rise to untold challenges.
Persons: , Christopher Rim, Rim, It's, Steve Gardner, Gardner, Grant Tucker, Grant Tucker Gardner, Olivia Zhang, Zhang, Kyungyong Lim, Tucker, Tucker's, Oliva Zhang, they've, Lim, who's, it's, " Tucker Organizations: Service, Command, New York City, Hamptons, Rim, Business, Ivy League, New York University, Northeastern, Babson, NYU, MIT, Yale, Facebook, Harvard, Duke, Cancer, Olympic, . News Locations: Asia, Christopher, New, yesteryear, Georgetown, Harvard merch, Jacksonville , Florida
Total: 25