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Howard University offers retirement packages to 600+ employees amid financial planning push

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Howard University offers retirement packages to 600+ employees amid financial planning push

Howard University is offering voluntary retirement incentive packages to at least 600 faculty and staff members as the school evaluates its workforce and long-term financial needs.

What to know

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Howard said the Employee Voluntary Retirement Incentive Program is available to eligible faculty and staff members with significant years of service to the university.

Employees who participate are being offered the opportunity to retire with additional financial support and benefits.

A university spokesperson said about 16% of Howard employees are eligible for the program.

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Howard said the program is “part of our responsibility to plan thoughtfully for the University’s long term financial sustainability and continued academic excellence.”

Why Howard says it is offering the program

The university said the effort is focused on workforce planning, including examining its organizational structure and making strategic investments in emerging academic and research priorities.

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Howard also stressed that voluntary retirement incentive programs are not new to the university.

The school previously offered similar programs in 2009-2010 and from 2013 through 2017, according to a university spokesperson.

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Howard said faculty and staff were first informed about the current program internally on June 17.

Tuition controversy at Howard

The retirement incentive program comes as Howard continues responding to questions surrounding the abrupt disenrollment of 500 students over unpaid tuition at the beginning of the semester.

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About 200 of those students have since been reinstated.

The university has said the retirement program is a separate workforce planning effort.

$80 million donation raises questions

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Howard also received an $80 million gift from philanthropist MacKenzie Scott last fall.

According to The Dig, Howard’s university newsletter, $63 million of the donation went to general university funds and $17 million went directly to the Howard University College of Medicine.

FOX 5 asked Howard how that donation relates, if at all, to the university’s current financial planning and retirement incentive program. The university had not responded to that question at the time of reporting.

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What’s next:

Howard has not said how many eligible employees are expected to accept the voluntary retirement packages.

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The university maintains the program is intended to support long-term financial sustainability while allowing it to redirect resources toward academic and research priorities.

The Source: This article was written using information from Howard University and reporting from FOX 5’s Tisha Lewis.

Washington, D.C.
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Finance

ICMA China Repo Committee welcomes CMU Omniclear

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The International Capital Market Association (ICMA) has welcomed CMU Omniclear to its China Repo Committee.

The committee is composed of representatives, banks, market infrastructures, and other key stakeholders.

The China Repo Committee was established in April 2026 under ICMA’s Global Repo and Collateral Forum, which forms part of ICMA’s broader repo governance framework under the ICMA International Repo and Collateral Council.

In an online statement, a spokesperson from CMU Omniclear says: “With the China repo market growing in prominence within the global fixed income landscape, the committee aims to serve as a platform for constructive industry dialogue and technical input on its ongoing development.

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“We look forward to collaborating with fellow member institutions to help enhance global market access to the Chinese repo market.”

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Finance

Range Bank talks to seniors about financial scams targeting them

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Range Bank talks to seniors about financial scams targeting them

MARQUETTE, Mich. (WLUC) – Range Bank held a presentation at Peter White Library to discuss scams with seniors and out to prevent fraud from occurring.

The presentation was part of the Fall Financial Literacy Series Peter White is holding for seniors. Range Bank discussed the most common types of scams targeting seniors and even young people. Everything from check fraud to text and phone scams was covered, as well as what to do if you feel you have been defrauded.

Range Bank’s Community Outreach Coordinator Hanna Westra says scammers use many tactics to defraud someone because, for many, it is their job.

“They get a paycheck, they work for a company usually, and they might get a bonus or whatever if they get someone to fall for these scams,” Westra said. “So, these people are professionals and they are always getting that latest new technology because they want to scam people.”

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Westra says to always call your bank if you ever feel you have become a victim of a scam.

The video above will feature the TV6 livestream until staff can clip the corresponding story, if available, from broadcasts or other TV6 content. You can subscribe to our YouTube page or download TV6+ to stream the latest local news and weather.

Copyright 2026 WLUC. All rights reserved.

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Polymarket Appoints Warren Jenson as Chief Financial Officer

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Polymarket Appoints Warren Jenson as Chief Financial Officer

Former Amazon, NBC CFO and Dropbox, Ripple Board Member joins Polymarket as the company expands in the U.S. and globally

NEW YORK, Sept. 10, 2026 /PRNewswire/ — Polymarket today named veteran finance executive Warren Jenson Chief Financial Officer. Jenson, who has previously served as CFO of Amazon, Electronic Arts, Delta Air Lines and NBC, will report to Founder and Chief Executive Officer Shayne Coplan.

The appointment comes as Polymarket scales its CFTC-regulated U.S. exchange, expands its global platform and adds senior leaders across the company. As CFO, Jenson will lead the company’s finance organization, set financial and capital strategy, strengthen long-range planning and build the infrastructure to carry Polymarket into its next phase.

“Prediction markets are changing how the world gets information, and Polymarket is at the forefront of that industry,” said Shayne Coplan, Founder and CEO of Polymarket. “We’re assembling the team to match the opportunity in front of us. Warren has led finance at some of the most consequential companies in the world, and his experience will be critical to everything we build from here.”

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Jenson previously served as President and Chief Financial Officer at Nielsen and led the company’s modernization alongside finance, strategy, technology, corporate development and the analytics business. Before Nielsen, he was President at LiveRamp where he led finance and ran the company’s international efforts as LiveRamp took its data and identity platform into markets around the world.

Earlier in his career, Jenson served as Chief Financial Officer of Amazon, Electronic Arts, Delta Air Lines and NBC. Across those roles, he helped lead these companies as they pioneered new market categories and expanded globally.

“Polymarket created a massive new global market category. The opportunity ahead of us is enormous,” said Warren Jenson. “I’m joining Shayne and the leadership team to put the capital strategy and operating discipline in place to move quickly at scale and continue to push the frontier of this industry.”

Jenson serves on the boards of DigitalOcean, Dropbox and Ripple. He holds bachelor’s and master’s degrees in accounting from Brigham Young University.

About Polymarket

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Polymarket is the world’s largest prediction market platform, where participants trade on the outcomes of real-world events. By harnessing the wisdom of the crowd and the efficiency of markets, Polymarket generates real-time probability estimates that rank among the most accurate forecasting tools available. Polymarket’s markets span global politics, economics, science, technology, sports, culture and more. Polymarket US operates as a CFTC-regulated designated contract market under the Commodity Exchange Act. For more information, visit polymarket.com.

Media Contact:
[email protected]

SOURCE Polymarket

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