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[1/2] Claudine Gay, Dean of the Faculty of Arts and Sciences, speaks during the 368th Commencement Exercises at Harvard University in Cambridge, Massachusetts, U.S., May 30, 2019. REUTERS/Brian Snyder/File PhotoBOSTON, Dec 15 (Reuters) - Harvard University on Thursday named Claudine Gay, the school's dean of Faculty Arts and Sciences, as its 30th president, the first Black person and only the second woman to hold the job. Gay, the daughter of Haitian immigrants who joined Harvard as a professor in 2006, succeeds Lawrence Bacow as president of the prestigious, nearly 400-year-old Ivy League university. Gay, 52, will step into the job in Cambridge, Massachusetts as the university faces challenges to its admissions policies. Harvard argues that eliminating race as a consideration would hamper its efforts to create a more diverse student body.

☆ Harvard University will be led by a person of color for the first time in its nearly 400-year history
▼ + stars: | 2022-12-15 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

History has been made at Harvard University, as Claudine Gay becomes the first person of color — and second woman — to be named president of the school. The university reports that for the last 16 years, Gay, 52, has taught government and African and African American Studies. in economics from Stanford University with honors and distinctions before earning her PhD at Harvard in 1998. Her appointment further upholds the university's commitment to diversity, equity, inclusion and belonging (DEIB). According to the Harvard University website, 15.2% of the admitted class of 2026 identify as African American — an increase from just 12.7% in 2020 — 27.9% identify as Asian American and 12.6% identify as Hispanic or Latino.

☆ Markets need to prepare for an 'incomplete hard landing,' says Harvard's Jason Furman
▼ + stars: | 2022-12-08 | 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 EmailMarkets need to prepare for an 'incomplete hard landing,' says Harvard's Jason FurmanJason Furman, professor at the Harvard Kennedy School of Government and former CEA chair, joins CNBC's 'Squawk Box' to discuss why he expects the Federal Reserve to raise interest rates by 50 basis points in December.

☆ Russia assembles a 'shadow fleet' of more than 100 oil tankers as Putin tries to bust western sanctions, report says
▼ + stars: | 2022-12-03 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Russia has a "shadow fleet" of oil tankers to bypass western sanctions, the Financial Times reported. The EU has agreed on a $60 a barrel price cap on Russian oil after Poland wanted it set at just $30. Russia assembled what the industry described as the "shadow fleet" in a bid to counter new sanctions. Analysts estimate a shortfall as Russia still needs more tankers to maintain its export levels, according to the report. Rystad analyst Viktor Kurilov told the newspaper: "Russia needs more than 240 tankers to keep its current exports flowing."

☆ The number of US adults carrying a loaded handgun every day doubled to an estimated 6 million in just 4 years
▼ + stars: | 2022-11-23 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

US adults carrying loaded handguns on a daily basis nearly doubled from 2015 to 2019, a new study found. They applied that nationally representative data to the estimated 53 million US adults who owned handguns in 2019, concluding that about 16 million adults carried a loaded handgun at least once a month, and 6 million did so daily. They bought about 18.9 million guns in 2021, a record year surpassed only by 2020, according to estimates by The Trace, a publication dedicated to investigating gun violence. "Between increases in the number of people who own handguns and the number of people who carry every day, there has been a striking increase in handgun carrying in the US," Rowhani-Rahbar said in a press release. "In light of that ruling, our study reinforces the importance of studying the implications of handgun carrying for public health and public safety," Rowhani-Rahbar said.

☆ Underperforming workers will struggle amid layoffs, says Harvard's Tsedal Neeley
▼ + stars: | 2022-11-22 | 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 EmailUnderperforming workers will struggle amid layoffs, says Harvard's Tsedal NeeleyAlan Guarino, Korn Ferry vice chair, and Tsedal Neeley, Harvard Business School professor, join CNBC's 'Squawk Box' to weigh in on what the wave of layoffs in the technology sector means for the job market.

☆ Here's why Home Depot and Lowe's are booming in a housing market bust
▼ + stars: | 2022-11-16 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

Suzanne Kreiter | The Boston Globe | Getty ImagesWith rising mortgage rates, homeowners are staying in place. By the end of the first quarter of this year, before the steep runup in mortgage rates caused the housing market to falter, homeowners had a collective $11 trillion dollars in so-called tappable equity, according to Black Knight. That equity is part of a three-pronged driver of home improvement, according to the CEO of Lowe's, Marvin Ellison. "The growth rate for improvement spending will slow due to declines for existing home sales," said Robert Dietz, NAHB's chief economist. "However, an aging housing stock, work from home trends and a decline for household mobility all favor remodeling spending."

According to Harvard, around 40% of U.S. colleges and universities consider race in some fashion in admissions. The Supreme Court has been upheld such policies, most recently in a 2016 ruling involving a white woman who sued after the University of Texas rejected her. Ruling in favor of the plaintiffs could require the court to overturn its 2016 ruling and earlier decisions. 'DIVERSITY AND INCLUSION'The lawsuits accused UNC of discriminating against white and Asian American applicants and Harvard of discriminating against Asian American applicants. Circuit Court of Appeals found that Harvard's use of race was "meaningful" and not "impermissibly extensive" because it prevented diversity from plummeting.

WASHINGTON, Oct 25 (Reuters) - Ash Carter, who served as a U.S. defense secretary during the Obama administration, died late on Monday at the age of 68 after a sudden cardiac event, his family said in a statement on Tuesday. Under Carter, the U.S. military opened all military roles to women and also ended a ban on openly serving transgender service members. "To choose service members on other grounds than military qualifications is social policy and has no place in our military," Carter said at the time. Before becoming defense secretary, Carter served as deputy defense secretary and chief operating officer in the Pentagon. Since leaving public service, Carter led the Belfer Center for Science and International Affairs at Harvard's Kennedy School.

☆ These 15 people are shaping the office of the future, designing meeting pods, hologram calls, and buildings that actually make workers healthier
▼ + stars: | 2022-10-24 | by ( Robert Davis | ) www.businessinsider.com time to read: +27 min

These 15 power players are just a handful of the people designing workplaces to balance productivity, interaction, and employee well-being through indoor-air-quality monitoring systems, building amenities, holographic meeting spaces, and more. AftershipCities like Austin, Texas; Nashville, Tennessee; and Raleigh, North Carolina, began offering business-relocation incentives during the pandemic to boost their workforces and help increase occupancy in office buildings. Room's office suite includes a phone booth, a meeting room, an open meeting room, and a focus room. Room also makes a soundproof meeting room that fits two people, a more open meeting booth, and a focus room designed for quiet concentration. "The future of office work needs to be guided by a new, genuine form of flexibility in which the work, not the workers themselves, become even more malleable," Petersen writes.

☆ Election denial has been building for a long time, says Harvard's Arthur Brooks
▼ + stars: | 2022-10-21 | 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 EmailElection denial has been building for a long time, says Harvard's Arthur BrooksArthur Brooks, American Enterprise Institute president and Harvard professor, joins CNBC's 'Squawk Box' to discuss the upcoming Midterm elections and concerns over election integrity.

☆ Interest rates aren't going to come down much, even after inflation falls, says Harvard's Ken Rogoff
▼ + stars: | 2022-10-19 | 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 EmailInterest rates aren't going to come down much, even after inflation falls, says Harvard's Ken RogoffKen Rogoff, Harvard professor of economics, joins 'The Exchange' to discuss the global economy, interest rates and inflation.

☆ Harvard loses money in 2022 fiscal year as tumbling stocks hurt endowments
▼ + stars: | 2022-10-13 | by ( Svea Herbst-Bayliss | ) www.reuters.com time to read: +2 min

NEW YORK, Oct 13 (Reuters) - Harvard University's endowment fund, the world's largest university endowment, lost money during the last year, marking a dramatic U-turn from the previous year's double-digit gains. Rattled by tumbling global markets, Harvard Management Co said it lost 1.8% in the fiscal year ended June 30, leaving the total endowment at $50.9 billion. Brown University lost 4.6%, decreasing the value of its endowment to $6.5 billion, the school said. Harvard's endowment chief noted that some other universities boosted returns by getting into the conventional energy sector. Last year, Harvard pledged to stop investing in fossil fuels after years of pressure from students, faculty and alumni.

☆ Gene-editing companies are growing thanks to fast-paced science, even as biotech faces a downturn
▼ + stars: | 2022-10-12 | by ( Andrew Dunn | ) www.businessinsider.com time to read: +8 min

CRISPR companies are faring better by producing faster and more dramatic clinical results. A layoff tracker from Fierce Biotech counts at least 90 drug companies that have laid off staff in 2022. Gene-editing biotechs have avoided the brunt of the downturn because of fast clinical successIntellia Therapeutics is developing CRISPR-based gene-editing medicines that could cure diseases. Just in the past month, CRISPR Therapeutics moved into a swanky new headquarters in Boston that can house up to 1,000 people. BeamTo be sure, 2022 hasn't been smooth sailing for the CRISPR companies.

☆ The Bank of England was put in a terrible position, says Harvard's Jason Furman
▼ + stars: | 2022-09-29 | 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 EmailThe Bank of England was put in a terrible position, says Harvard's Jason FurmanJason Furman, professor at the Harvard Kennedy School of Government and former CEA chair, joins CNBC's 'Squawk Box' to react to the Bank of England's move to buy more long-term bonds to stabilize the market for gilts.

Russian President Vladimir Putin has announced the partial mobilization of his country's reservists. According to Russian officials, 300,000 reservists will be drafted immediately. Conscripts and students will not be called up and will affect only those with combat experience, according to Russian Defense Minister Sergei Shoigu. In his speech, Putin reiterated that the goal of Russia's invasion of Ukraine was the liberation of the Donbas region. Ukrainian officials in response slammed the referendum as a "sham" and said it won't change anything.

☆ Former US general says he is 'even more concerned' about Putin using nukes as Ukraine makes astonishing progress in its counteroffensive
▼ + stars: | 2022-09-13 | by ( John Haltiwanger | ) www.businessinsider.com time to read: +7 min

Western officials and experts have said Putin may use nukes in Ukraine if he gets desperate enough. After failing to take Kyiv, Ukraine's capital, in the early days of the war, Russia shifted its focus to Ukraine's eastern Donbas region, which is made up of Donetsk and Luhansk. And as we know, that is a trigger for using nuclear weapons." But not everyone is convinced that Putin would do something as drastic as using a nuclear weapon to achieve his goals in Ukraine. If Russia used a nuclear weapon in Ukraine, it could trigger a military response from the US, which could spiral into a direct conflict between Russia and NATO — a 30-member alliance.

☆ Wall Streeters peak between 36 and 40, according to a Harvard social scientist. Here's what they forget to plan for in the second half of their lives.
▼ + stars: | 2022-02-16 | by ( Jonathan A. Knee | ) www.businessinsider.com time to read: +6 min

In his new book, social scientist Arthur C. Brooks explains why addiction to achievement is bound to yield disappointment. To find true joy in the second half of life, invest in relationships instead of material possessions and social status. According to From Strength to Strength: Finding Happiness and Deep Purpose in the Second Half of Life, the basic problem is the inevitable decline in our abilities. The decline in peak performance begins far earlier than we are likely to admit across professions, not just in athletes. Strength to Strength reads like a companion volume to the cult classic from 1979, The Drama of the Gifted Child by Swiss psychoanalyst Alice Miller.

☆ How to get into Washington University's Olin Business School, ranked the No. 1 MBA program for aspiring entrepreneurs
▼ + stars: | 2021-06-14 | by ( Robin Madell | ) www.businessinsider.com time to read: +10 min

For the third year in a row, Olins Business School was ranked the top entrepreneurship program. Out of 131 schools, Olin's MBA program ties with Notre Dame's Mendoza College of Business for 29th place in US News & World Report's 2023 Best Business Schools report for its full-time MBA program. "This is not a program where you can get lost in a crowd of 300 to 400 students," Pyles said. In fact, she flagged lack of transparency as an indication the student may lack genuine interest in Olin's MBA program and what it has to offer. Nnakwue reached out to Olin students on LinkedIn and introduced himself as a prospective student interested in learning more about the Olin experience.

☆ 23 Black leaders who are shaping history today
▼ + stars: | 2021-02-01 | by ( Courtney Connley | ) www.cnbc.com time to read: +39 min

Following the lead of trailblazers throughout American history, today's Black history-makers are shaping not only today but tomorrow. —Cory StiegRosalind Brewer, 58, Walgreens' next CEO and only Black woman to currently lead a Fortune 500 firmWalgreens' next CEO Rosalind Brewer. When she steps into this new role, she will be the only Black woman currently leading a Fortune 500 firm, and just the third Black woman in history to serve as a Fortune 500 CEO. "When you're a Black woman, you get mistaken a lot," she said during a 2018 speech at her alma mater, Spelman College. —Tom Huddleston Jr.Jason Wright, 38, first Black president of a National Football League teamWashington Football Team president Jason Wright.

Persons: Shirley Chisholm, John Lewis, Maya Angelou, Mary Ellen Pleasant, Kamala Harris, Gene Kim, Harris, Shyamala Gopalan Harris, Shyamala, —, — Cory Stieg Rosalind Brewer, Rosalind Brewer, Ursula Burns, Mary Winston, Brewer, Kimberly, Clark, she's, — Courtney Connley, Kizzmekia, Corbett, Kizzmekia Corbett, Anthony Fauci, Fauci, Dr, — Cory Stieg Victor J, Glover , Jr, Victor Glover, Amanda Gorman, Joe Biden, Gorman, Abraham Lincoln, Martin Luther King Jr, Lady Jill Biden, Robert Frost, Oprah, Angelou, — Jennifer Liu, Amanda Gorman's, Raphael Warnock, Georgia's, Kelly Loeffler, Warnock, Ebenezer Baptist Church —, — Abigail Johnson Hess Rashida Jones, Rashida Jones, Jones, Kristen Welker, Carole Simpson, Nicolle Wallace's, Dorothy Tucker, Brown, — Taylor Locke Sandra Lindsay, Sandra Lindsay, Lindsay, She's, I'm, Jade Scipioni Nicholas Johnson, Princeton's, Nicholas Johnson, Princeton University's, Johnson, William Massey, — Abigail Johnson Hess Cynthia, Cynt, Marshall, Cynthia Marshall, Cynt Marshall, George Floyd, Marshall —, Mark Cuban, Scipioni, Cynthia Marshall's, Dallas Mavericks Cori Bush, Missouri's, Missouri, Cori Bush, Michael Brown, Ferguson, William Lacy Clay Jr, Bush, Essence.com, I've, he's, Louis, Clay, — Jennifer Liu Alicia Boler Davis, Amazon's, Jeff Bezos Alicia Boler Davis, Alicia Boler Davis, Boler Davis, Jeff Bezos, alums, Jennifer Liu, Noah Harris, Harvard Noah Harris, Harvard's, It's, we've, Fentrice Driskell, Du Bois, — Abigail Johnson Hess, Harvard Mellody Hobson, Mellody Hobson, Ariel Investments, Hobson, — Courtney Connley Sydney Barber, Sydney Barber, Barber, Ms, Janie Mines, wasn't, Mines, Jesse Collins, Collins, Indiewire, " Collins, Jennifer Liu Nia DaCosta, Nia DaCosta, Marvel, DaCosta, Nora Ephron, Jordan Peele, Peele, — Tom Huddleston Jr, Aicha Evans, Zoox, Evans, Jason Wright, Wright, He's, Dan Snyder, — Emmie Martin Dana Canedy, Dana Canedy, Simon, Simon & Schuster, Dana Canedy's, Canedy, Denzel Washington, Alicia Adamczyk, Schuster Bozoma Saint John, Saint John, Beyonce, Kanye West, Nicki Minaj, Michael Jackson, — Courtney Connley Cheick Camara, Ermias Tadesse, Cornell University's, Cheick Camara, Ermias Organizations: CNBC, White, South, Latina, Howard University, Alpha Kappa Alpha Sorority, Inc, Democrat, United States Senate, U.S, Walgreens, Fortune, Starbucks, Walgreens Boots Alliance, Xerox, Bed, Sam's, Walmart, Nonwovens, Spelman College, Moderna, National Institute of Allergy, National Urban League, FDA, Vaccine Research, University of North, Space Station, NASA, Capitol, LA, Poet, Harvard, Georgia, Black, Morehouse College cum, Ebenezer Baptist Church, United, MSNBC, University of Missouri's School of Journalism, NBC, ABC News, National Association of Black Journalists, Jewish Medical Center, Northwell, Long, Pfizer, Pew Research Center, Princeton, Massachusetts Institute of Technology, NBA Dallas Mavericks, Dallas Mavericks, NBA, Mavericks, Congress, Senate, Democratic, Green New Deal, General Motors Institute, GM, Amazon, Employees, Amazon's, Ariel Investments, Ariel, Financial Planning's Diversity, Princeton University, JPMorgan, Lucas Family Foundation, Hobson College, Naval, U.S . Naval Academy, U.S . Naval, Naval Academy, Academy, Super, Super Bowl, Jesse Collins Entertainment, ViacomCBS Cable Networks, BET, CMT, Comedy Central, MTV, Paramount Network, VH1, Marvel, Marvel Studios, Marvel Universe, Tribeca, Wall Street, George Washington University, Intel, Financial, Automotive News, National Football League, Washington Football, Washington Football Team, National Football, NFL, Atlanta Falcons, Cleveland Browns, Arizona Cardinals, University of Chicago, McKinsey & Company, Washington, Morning, Simon &, New York Times, Jordan, Crown Publishers, New Yorker, Netflix, Saint, Longtime, Endeavor, Uber, Apple, PepsiCo, BlackGen Capital, Cornell, BlackGen Locations: United States, Oakland , California, India, America, White, California, University of North Carolina, Chapel, Los Angeles, Georgia's, Savannah , Georgia, Ebenezer, Long, New York, Queens , New York, Jamaica, Princeton, Montreal, Canada, Spring, Missouri, Louis, St, Detroit, Hattiesburg , Mississippi, Florida, Chicago, U.S, Lake Forest , Illinois, Sydney, mull, Senegal, Zoox, Charlottesville , VA

☆ How to nail your Harvard Business School application, according to graduates and an admissions director
▼ + stars: | 2020-12-07 | by ( Robin Madell | ) www.businessinsider.com time to read: +11 min

Around 11% of the roughly 10,000 students who apply to Harvard Business School get in each year. Those are intimidating odds for the roughly 10,000 students who apply to Harvard Business School each year. "At the risk of sounding overly dramatic, the essays are the windows into your soul," said Patrick Mullane, the executive director of Harvard Business School Online and an HBS graduate. She added to these credentials by working for two years on Wall Street as a precursor to her business school application. "As with most successes in life, luck weighs heavily on why anyone is admitted to Harvard Business School, which should keep us all very grounded and humble," she added.

☆ How to get into Stanford Graduate School of Business, according to the assistant dean of admissions
▼ + stars: | 2020-12-07 | by ( Robin Madell | ) www.businessinsider.com time to read: +11 min

A 2019 ranking of business-school admission rates showed Stanford Graduate School of Business (GSB) at the top of the list of most selective schools. Education specialists Quacquarelli Symonds recently released its 2021 Global MBA Ranking, and Stanford ranked as the best business school in the world. To that end, Insider asked six Stanford business school grads, as well as the assistant dean of MBA admissions and financial aid, for their insights on how to get noticed and tapped by Stanford GBS's extremely selective admissions committee. His top advice for Stanford business school applicants is to not be an imitation of a type. Other Stanford business school alumni validated this advice.

☆ How to get a job at McKinsey, BCG, Bain, or Accenture, according to 3 headhunters for these top management consulting firms
▼ + stars: | 2020-06-23 | by ( Robin Madell | ) www.businessinsider.com time to read: +14 min

The top management consulting firms — which include McKinsey & Company, Boston Consulting Group (BCG), Bain & Company, and Accenture — are notoriously tough to break into. Insider asked Smith and two other recruiters for management consulting on their top tips for breaking into the ranks of McKinsey, BCG, Bain, and Accenture. "We've noticed that more consulting firms are expanding beyond MBA degrees and into other advanced degrees to fill their post-graduate classes." Stokes added that candidates can leverage the international piece of the tripod by keeping in mind that McKinsey, BCG, Bain, and Accenture have offices worldwide. You can see samples of case interviews for McKinsey, BCG, Bain, and Accenture here.

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