Bloomberg Harvard University raised $1.2 billion from donations, a record for the world’s richest college. The haul was erased by $2 billion in investment losses and spending. Harvard’s take was the most by any US university as colleges collected an unprecedented $41 billion in fiscal 2016, the New York-based Council for Aid to Education, which tracks university giving, said ...

  Bloomberg US solar-industry employment in 2016 grew at the fastest pace in at least seven years, with growth in all sectors including manufacturing, sales and installations, as demand for clean power swelled. One out of every 50 new American jobs last year was in the solar industry, which now employs more than 260,000 workers, according to an annual report ...

  Bloomberg Swelling inventories, rising incentives and a flat US auto market usually suggest General Motors Co. will be preparing investors for a tough year. Instead, the biggest US automaker on Tuesday posted record annual profit and said it sees more growth on the horizon. GM expects to match or exceed last year’s results in large part because lucrative sport ...