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Harvard University boosted its investment in BlackRock’s Bitcoin exchange-traded fund (ETF) by over 250% in the third quarter after the Ivy League school first bought into the fund earlier this year.
Hundreds of custodial workers at Harvard University went on a short-term strike Monday, walking out of their jobs and gathering in Harvard Yard over frustrations with their salaries.
Harvard University has laid off 38 information technology staff. This move is part of a wider cost-cutting initiative. Financial pressures from endowment taxes and reduced federal funding are impacting the university.
Harvard University science professor Avi Loeb discusses the potential origins of the 3I/ATLAS and how it sparked a debate in the science community on ‘The Sunday Briefing.’
More than 800 Harvard affiliates urged the University to offer legal assistance to staff members who lost their authorization to live and work in the United States after the Temporary Protected Status program for Venezuelan nationals expired this month.
Harvard is ramping up its holdings in cryptocurrency. The nation’s oldest university reported a $443 million investment in BlackRock’s iShares Bitcoin Trust in the third quarter. The school now holds 6.
President Donald Trump said this fall that his administration is close to an agreement with Harvard University to pay $500 million to operate trade schools. Commerce Secretary Howard Lutnick said in a CNBC interview in September that a “Harvard vocational school” is what America needs.
Harvard took out a $36 million standby letter of credit from Bank of America last month after the Department of Education placed the University on stricter financial oversight this fall.