Key points: Declining student numbers, devalued degrees, lower retention rates, and affordability concerns continue to reshape the higher education landscape and increase competition among universities. Uncertainty about future enrollment levels creates significant financial challenges for institutions that historically have relied heavily on tuition revenue. In fact, a recent survey showed that 81% of university leaders…
More doctors should go into digital health startups
In my decade living in Silicon Valley as a digital health journalist and now an investor, I can’t tell you how many times I’ve heard people in the tech industry claim that doctors don’t have what it takes for a career in entrepreneurship. As the traditional thinking goes, because they’re so risk-averse and lack business…
ESG Watch: Battered on all fronts, insurance industry struggles to rise to clima…
From 1980-2022, an estimated 650 billion euros in assets were lost due to weather- and climate-related incidents 45 insurers committed to end or restrict underwriting coal, but top 25 fossil fuel insurers control 69% of market Insurers paying in excess of $100 billion a year for natural catastrophe losses, and premiums are surging Campaigners criticise…
Chowder Fest Raises Funds for Legal Services in High Demand
On October 15, the Legal Aid Foundation of S.B. County (LAF) brought back Chowder Fest, this time at the scenic Stow House in Goleta. About 250 supporters enjoyed the fun and tasty event, which netted about $40,000 for this critically important nonprofit. Every day, according to Executive Director Jennifer Smith, LAF turns away people in…
Hunter Biden gun and taxes deal no longer valid, prosecutors say
Hunter Biden, son of US President Joe Biden, arrives at Fort Lesley J. McNair in Washington, DC, on Tuesday, July 4, 2023. Ting Shen | Bloomberg | Getty Images Federal prosecutors on Tuesday said a pretrial diversion deal that they had offered to Hunter Biden on a felony gun charge did not take effect, despite…
Hardie Property expands to Cape Town’s Atlantic Seaboard & wins International aw…
*Sponsored content Top South African real estate brokers, Jodi Smith and Monica Kruger, join Hardie Property. Specialists in Atlantic Seaboard real estate, Jodi and Monica are excited to build Team Hot Property under boutique brand, Hardie Property. Innovative Collaboration Richard Hardie, founder and director of Hardie Property says, “I am delighted to have Team Hot…
Uber and Lyft Agree to $328 Million Payout for New York Drivers
Uber and Lyft have agreed to pay New York drivers a $328 million settlement after the state attorney general investigated a wage-theft complaint charging that the companies collected certain taxes and fees from drivers rather than passengers. Uber will pay $290 million and Lyft will provide $38 million into two funds that will pay out…
Creative Planning Closes on Acquisition of Goldman Sachs PFM
Creative Planning, the Overland Park, Kan.-based registered investment advisor run by CEO Peter Mallouk, closed on its acquisition of Goldman Sachs’ Personal Financial Management unit Friday morning. The terms of the deal were not disclosed. Mallouk said he will revive the United Capital name, and the business will operate as a wholly-owned, independent entity of…