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Breaking News

Endowment Managers’ Compensation Reported

December 19, 2008 • Breaking News

Harvard Management Company has issued its annual report on the compensation of its highest-earning investment professionals, likely a sensitive subject when their past performance has strongly exceeded the market but attention is now focused on the sharp decline in endowment-asset values.

Yale Estimates 25 Percent Endowment Decline, Phases Budget Cuts

December 16, 2008 • Breaking News

Yale disclosed the impact of the financial markets on its endowment, and outlined a series of phased budget-cutting measures.

Where Decisionmaking Is Measured

December 12, 2008 • Breaking News

A new interdisciplinary decision-science lab will host experiments from psychology, economics, and beyond.

Government and Medical Schools Pursue Cost Cutting

December 10, 2008 • Breaking News

Harvard’s government and medical schools are pursuing cost reductions of up to 10 percent in next year’s budget.

7 Outlining a New Vision for the Arts

December 10, 2008 • Breaking News

The University-wide task force’s report recommends new degree programs, courses, and spaces for art production.

1 Faculty Seeks $100-Million to $130-Million Cost Cuts, Slashes Searches

December 10, 2008 • Breaking News

The Faculty of Arts and Sciences has outlined large cost cuts, even after freezing salaries and slashing the number of faculty searches it will authorize.

FAS Details Debt, Financial Challenges

December 7, 2008 • Breaking News

The Faculty of Arts and Sciences has detailed its debt, spending, and other financial challenges as it prepares much leaner budgets in light of the sharp decline in Harvard’s endowment.

Endowment Declines 22 Percent through October 31

December 2, 2008 • Breaking News

Harvard’s endowment declined 22 percent through October 31, so the University is responding with budget reductions and a new financial strategy of substantial borrowing to maximize flexibility in light of uncertain market conditions.

Edward M. Kennedy Awarded Honorary Degree

December 2, 2008 • Breaking News

At a rare special convocation, Harvard awarded an honorary degree to alumnus Edward M. Kennedy, U.S. Senator from Massachusetts.

Four Seniors Win Marshall Scholarships

December 1, 2008 • Breaking News

The program affords students two years of graduate study at a U.K. university of their choosing.

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