World Newsbits for September 23, 2013
New York (AP) — A tentative deal has been reached in a New York court fight over the will of a reclusive Montana copper mining heiress that would give more than $30 million of her $300-million estate to her distant relatives, a person familiar with the case said Saturday. The breakthrough in the fight over Huguette Clark’s estate comes after jury selection started in a trial pitting nearly two dozen of her half-siblings’ descendants against a goddaughter, a hospital where she spent the last 20 years of her life, a nurse, doctors, a lawyer and others. An April 2005 will cut out her distant relatives. Another will, six weeks earlier, left them most of her money. The tentative settlement will give the relatives about $34.5 million after taxes under the deal, while her nurse would have to turn over $5 million and a doll collection valued at about $1.6 million, the person told The Associated Press.
Boston (AP) — Harvard University launched a $6.5-billion capital campaign Saturday that, if successful, would be the largest fund-raising effort in the history of higher education. The school said the campaign had broad goals spanning all its schools and would fund research into neuroscience, stem cell science and low-cost energy for the developing world. The campaign would target major renovations of the university’s undergraduate housing and increase its study of new learning and teaching strategies. It also aims to expand the school’s global presence, including through an ongoing project to develop a center in Shanghai for conferences and research.