Execs of Harvard’s endowment visit Silicon Valley in bid to repair relationships with investors
Executives overseeing Harvard University's $51 billion endowment reportedly roamed Silicon Valley and met with deep-pocketed investors last week as the Ivy League seeks to repair its tarnished image. That's what it means. A team from Harvard Management Company, the nation's largest university endowment, visited firms such as Sequoia Capital, Kleiner Perkins, and Andreessen Horowitz, according […]
Hertz trims EV fleet due to high repair costs, reinvests in gas-powered vehicles
Hertz Global Holdings announced Thursday that it plans to reduce its fleet of electric vehicles due to high repair costs and reinvest in gasoline-powered vehicles. In Hertz's Thursday regulatory filing, the company said it would sell 20,000 EVs. The announcement comes after the rental car company pledged to make 25% of its fleet electric by […]