The Education Department opened investigations into Harvard and Yale as part of a continuing review that has found U.S. universities failed to report at least $6.5 billion in foreign funding from countries such as China and Saudi Arabia, according to department materials viewed by The Wall Street Journal.
It may come as something of a surprise to investors who have been piling money into the plethora of ESG-based ETFs that have been launched in the past couple of years, but there is a problem with passives and the climate crisis.
Battery Ventures, a global, technology-focused investment firm, has closed two new funds worth a combined $2 billion to continue backing innovative technology companies worldwide in a variety of sectors.