The Harvard Management Co., which oversees Harvard University’s endowment and other investments, just released its 2016 annual report. It’s grim reading: The fund had a negative return of 2 percent and was worth about $2 billion less than a year earlier, underperforming its benchmarks by a significant margin. At $35.7 billion, the university’s endowment is the biggest in the ...

Imagine an entirely plausible scenario for the effects of climate change in 2045. The Greenland ice sheet has melted entirely, adding 20 feet to the oceans. Unprecedented outbreaks of pests have ruined crops of corn, wheat and rice around the world, causing food shortages and riots. In the U.S., the army patrols major cities. In such a desperate situation, could ...

  Lawyers, beware. Robots really are coming for your jobs. Exhibit A: Venture-capital firm Invoke Capital just made a multi-million-dollar investment in Luminance, which is developing artificial intelligence to automate the legal drudgery involved in corporate mergers and acquisitions. The robot lawyer is just one of many — including offerings from Ross Intelligence and Kira Systems — aiming to replace ...