Following review, Business Insider stands by reports on wife of ex-Harvard president's critic
Business Insider says it is satisfied with the fairness and accuracy of stories that made plagiarism accusations against the wife of a hedge fund billionaire who was active in the ousting of Harvard President Claudine Gay.
Backlash to House testimony shines spotlight on new generation of Ivy League presidents
The university presidents called before last week’s congressional hearing on antisemitism had more in common than strife on their campuses: The leaders of the University of Pennsylvania, Harvard and MIT were all women who were relatively new in their positions.
EXPLAINER: What's a SPAC, the latest craze on Wall Street?
In the two years since the office-sharing company’s failed IPO, a new way to launch a stock on Wall Street has become fashionable: SPACs. Special purpose acquisition companies have been embraced by big institutions and small-pocketed investors alike. The goal is to use those millions of dollars to take a private company public without using the traditional initial public offering process that’s been around for decades. Management has a financial incentive to find an acquisition target — most often management receives a 20% stake in the newly public company. An exchange-traded fund consisting of SPACs and companies taken public through SPAC acquisitions, the Defiance Next Gen SPAC fund, jumped 55% between early November and mid-February.