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Here's one change that every investor in America would like this year. Typically, investment losses, when it comes to taxes, can be deducted only against investment gains. The tax you pay on regular income is not affected. And that's generally true for individuals as well as corporations, unless...

Author: /time Magazine | Title: New Tax Rules: The Hidden Corporate Bailout | 12/10/2008 | See Source »

On December 2, 2008, Harvard President Drew G. Faust sent a letter informing the Harvard community of a 22 percent loss in the endowment. This $8 billion blow comes on the heels of much criticism about Harvard’s spending policies. In light of the recent financial crisis and...

Author: By Claire G. Bulger, Courtney A. Fiske, and Molly M. Strauss | Title: FOCUS: Harvard's Endowment | 12/10/2008 | See Source »

Bank of America announced yesterday that it will donate $1.2 million to the Harvard University Center for the Environment over the next three years in order to fund research into carbon capture and storage. The bank is partnering with the Center for the Environment as part of its ten-year...

Author: By Evan T. R. Rosenman, CONTRIBUTING WRITER | Title: Bank Funds Carbon Capture Research | 12/5/2008 | See Source »

Advocates have been busy refining avoided deforestation to answer early criticisms. Because firms investing in carbon credits need to estimate how much deforestation would have happened without a scheme, REDD projects can only work in countries with high rates of deforestation. That alleviates concerns that money will be spent to...

Author: /time Magazine | Title: Green Banks: Paying Countries to Keep their Trees | 12/4/2008 | See Source »

Newly elected members of Congress gathered with students and faculty yesterday for a panel that encouraged U.S. leadership in sustaining global health efforts despite a tough economy. The panel entitled “Priorities in Global Health for the Next Congress” was hosted by the Institute of Politics...

Author: By Lauren J. Vargas, CONTRIBUTING WRITER | Title: Institute of Politics Hosts Global Health Panel | 12/3/2008 | See Source »

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