Yale’s endowment outperforms Harvard’s

CAMBRIDGE, Mass. (AP) — Yale University’s endowment outperformed Harvard’s during the latest fiscal year, giving the Connecticut school the latest victory in the longtime rivalry between the Ivy League institutions.

Yale on Friday announced that its endowment earned a 3.4 percent investment return for the year ending June 30, although the endowment’s value dropped slightly to $25.4 billion from $25.6 billion as of June 30, 2015.

Harvard on Thursday announced a 2-percent annual investment loss for the year ending June 30, while the endowment dropped in value by nearly $2 billion to $35.7 billion.

The chairman of the board at Harvard Management Co., which oversees the endowment, called the results “disappointing.”

Harvard distributed $1.7 billion in endowment funds to its operating budget last year, while Yale spent about $1.2 billion in endowment money.

Attorney pleads not guilty in fatal crash

WAREHAM, Mass. (AP) — A Cohasset attorney accused of fatally striking a 66-year-old man in the parking lot behind Brockton District Court has pleaded not guilty.

The Enterprise reports 66-year-old Valerie Semensi entered the plea Thursday to motor vehicle homicide in the June death of John Buckley Jr.

Authorities say Semensi was backing her SUV into a parking space when she accelerated up an embankment, drove through two bushes and struck the Bridgewater man on the sidewalk. The vehicle traveled about 200 feet in reverse before stopping.

Semensi hid her face from view during the arraignment. A family spokesman says she’s devastated by the incident and wishes it was her who died in the crash. The spokesman suggested there was a vehicle malfunction that could have caused the crash.

Man indicted for shooting 2 NH officers

MANCHESTER, N.H. (AP) — A man has been indicted on attempted murder and assault counts in the shootings of two New Hampshire police officers.

The indictment was released this week against 32-year-old Ian MacPherson.

Authorities say the officers were chasing MacPherson in May because he matched the description of a suspect in a gas station armed robbery.

Police say MacPherson shot Manchester officers Ryan Hardy and Matthew O’Connor. Hardy was shot in the face and torso; O’Connor was treated for a gunshot wound to the leg. Both have returned to work. Police Chief Nick Willard said the department is relieved to hear the case is moving forward.

MacPherson pleaded not guilty. A message seeking comment from his lawyer was left Friday. MacPherson’s father said he has schizophrenia and the system failed to help him.

Woman pleads not guilty to trafficking

HAVERHILL, Mass. (AP) — A 22-year-old Haverhill woman has pleaded not guilty to charges she trafficked about 22 pounds of cocaine in a package through UPS.

The Eagle-Tribune reports Katherine Ramirez entered the plea Thursday to a charge of trafficking more than 200 grams of cocaine in a package. She was arrested after authorities dressed as UPS workers delivered the package to her.

Police say Ramirez told them a person from Puerto Rico asked her to receive a package but didn’t want to give the name of the person to them. Prosecutors say the cocaine had a street value of up to $1 million.

Defense attorney Brendan Kelley says his client has no criminal history and was “asked to do this” either through pressure or desperation.

She’s being held on $1 million bail.


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