Elizabeth Rembert - Profile and Journalist Details
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Elizabeth Rembert
Verified
Municipal Finance Reporter, Bloomberg News
New York
Beats
Sports, Politics Breaking News,Business/Tech News etc., International News
Content
By Elizabeth Rembert Verified, Amanda Albright Verified| Bloomberg News Verified At Harvard, federal dollars make up 11% of revenue and support research on AIDS, cancer and organ transplants. (Bloomberg) -- Harvard University’s balance sheet — fortified to withstand surprise blows — is facing an unprecedented test as it faces off with the Trump administration. The wealthiest US college has long hoarded cash and built its budget to withstand “shocks” as the Ivy League school put it in its financial statement.
By Elizabeth Rembert Verified, Amanda Albright Verified| Bloomberg Law Verified Harvard University’s balance sheet — fortified to withstand surprise blows — is facing an unprecedented test as it faces off with the Trump administration. The wealthiest US college has long hoarded cash and built its budget to withstand “shocks” as the Ivy League school put it in its financial statement. It’s armed with pristine credit ratings and a $53 billion endowment — the most of any school.
By Elizabeth Rembert Verified, Amanda Albright Verified| Bloomberg News Verified At Harvard, federal dollars make up 11% of revenue and support research on AIDS, cancer and organ transplants. (Bloomberg) -- Harvard University’s balance sheet — fortified to withstand surprise blows — is facing an unprecedented test as it faces off with the Trump administration. The wealthiest US college has long hoarded cash and built its budget to withstand “shocks” as the Ivy League school put it in its financial statement.
Company Info
Bloomberg News
Bloomberg L.P. is a global financial data, software, and media company founded in 1981 by Michael Bloomberg and his partners. Originally named Innovative Market Systems, it rebranded to Bloomberg L.P. in 1986. The company is renowned for the Bloomberg Terminal, a proprietary platform that provides real-time financial data, analytics, and trading tools to over 350,000 subscribers worldwide. Bloomberg operates in three main areas: financial technology, news/media, and data analytics. Its flagship product, the Bloomberg Terminal, offers market data, news, and communication tools for financial professionals. Bloomberg News, with over 120 bureaus globally, covers financial markets, politics, and technology across various platforms, including digital, television, and print. The company also provides specialized data and analytics services, including legal and regulatory information, through its acquisitions. Bloomberg L.P. is privately held, with an estimated revenue of $12.5 billion in 2023, primarily from terminal subscriptions.
United Arab Emirates, United Arab Emirates
+1 212-318-2000
Founded: 1981