Massachusetts GOP Governor Contender Downplays Federal Pressure
'I'm running for governor. I'm not running for president,' Shortsleeve, a venture capital executive and the former chief administrator of the Massachusetts Bay Transportation Authority under previous Republican Governor Charlie Baker, said in an interview at Bloomberg's Boston office.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
NBC News
28 minutes ago
- NBC News
UCLA says it is losing some federal research funding
The California university UCLA said Thursday that it has been notified that it is losing federal research funding over alleged antisemtism, a move the chancellor called "a loss for America." 'UCLA received a notice that the federal government, through its control of the National Science Foundation (NSF), the National Institutes of Health (NIH) and other agencies, is suspending certain research funding to UCLA,' university Chancellor Julio Frenk said in a message to the campus community. 'This is not only a loss to the researchers who rely on critical grants. It is a loss for Americans across the nation whose work, health, and future depend on the groundbreaking work we do,' he wrote. The announced notice comes as the Trump administration has sought to pressure or retaliate against universities across the country following student protests on college campuses about the war in Gaza. Some Republican members of Congress and others have called the protests and some of the conduct antisemitic. Frenk in his message to the UCLA community said that the federal government used antisemitism as its reason for the loss of funding. "In its notice to us, the federal government claims antisemitism and bias as the reasons. This far-reaching penalty of defunding life-saving research does nothing to address any alleged discrimination," he wrote. UCLA announced Tuesday that it has agreed to pay $6 million to settle a lawsuit that alleged discrimination, and which was brought by Jewish students and a faculty member. The lawsuit filed in June 2024 accused the university of failing to take action when pro-Palestinian protesters set up encampments on campus that spring. Frenk wrote in the message to the Bruin community — as the UCLA community is known — that antisemitism has no place on campus but acknowledged room for improvement. He said that the university has taken steps to combat it, and put in place policies about student protests. The National Science Foundation and the National Institutes of Health did not immediately respond to requests for comment late Thursday. Frenk in his message to the university did not say how much federal funding will be suspended. He highlighted important work done by UCLA, which included helping to create what would become the Internet, and he said researchers "are now building new technologies that could fuel entire industries and help safeguard our soldiers." President Donald Trump during his campaign pledged to crack down on universities because of student protests against the war in Gaza, which Israel launched against Hamas after the Hamas attacks on Oct. 7, 2023, that targeted Israeli civilians, including at a music festival. There is now a humanitarian crisis in Gaza, and this week t he United Nations said the U.N.'s Integrated Food Security Phase Classification, or IPC, showed mounting evidence of a worsening famine there. The IPC emphasized that its warning constituted an alert and was not a formal 'famine classification.' Columbia University in New York City was among the universities targeted by the Trump administration over allegations of antisemitism, and last week Columbia announced a settlement with the federal government in an effort to restore cut federal funding. Brown University in Rhode Island said Wednesday that it reached an agreement with the federal government to restore funding. The university said that agreement resolves three reviews of Brown's 'compliance with federal nondiscrimination obligations.'
Bloomberg
an hour ago
- Bloomberg
Rest of the Year Will Be Eventful But Still Profitable for Equities: Nomura
Nomura's Gareth Nicholson says "we expect to see some headwinds for equities over the next few weeks but that's short term." Nicholson tells Bloomberg Television that earnings show the current corporate framework in this environment has been working. He also says the rest of the year will be eventful "but still profitable." (Source: Bloomberg)
Bloomberg
an hour ago
- Bloomberg
Live Q&A: Trump's New Global Tariffs — What It Means for Trade and Geopolitics
President Donald Trump announced a slew of new tariffs, including a 10% global minimum and 15% or higher duties for countries with trade surpluses with the US, as he forged ahead with his effort to reshape international commerce. Markets have taken the news in stride, for now, but the long-term fallout for supply chains, diplomacy, and inflation remains deeply uncertain. Join Bloomberg's Haidi Lun, Katia Dmitrieva, Winnie Hsu and Swati Pandey for a Live Q&A to discuss the implications of the tariffs and how this reshapes global trade. Tune in on Friday, Aug 1 at 11:30a.m. HKT. Bloomberg digital subscribers and Terminal clients have the exclusive opportunity to ask our team live questions. This conversation will be recorded and be made available to listen and share.
