Harvard University has begun to focus more on partnerships with private industry to fund science research, as the federal budget is expected to remain flat or decline in the coming years.

Earlier this week University President Drew G. Faust made her strongest overture yet to the possibility that the Reserve Officer Training Corps might return to Harvard if the military’s “Don’t Ask, Don’t Tell” policy ends as expected. But despite her recent remarks, the unit’s return to campus remains highly uncertain due to low levels of enrollment, limited Pentagon funding, and logistical hurdles.

Harvard University will “fully and formally” recognize the long-banned Reserve Officer Training Corps program upon the repeal of “don’t ask, don’t tell,” University President Drew G. Faust said yesterday at the Institute of Politics.

Harvard University added to its directly held U.S. traded securities last quarter—helping fuel a 7-percent increase in the value of those assets to $1.54 billion—and the University made sizable new investments in its already large emerging markets portfolio.

The Republican Party regained control of the House of Representatives yesterday but fell short of reclaiming the Senate, according to projections based on early returns, riding a wave of anti-incumbent sentiment to success at the polls.

Harvard University has continued to suffer losses on exotic financial instruments even as economic growth has slowly resumed, according to a recently released financial report.

Mark R. Johnson, a veteran Harvard administrator, has been named Harvard’s new vice president for Capital Planning and Project Management, a position created this summer to consolidate several planning offices that oversee Harvard’s construction efforts, University officials announced yesterday.

At a time when the moral values of financial firms are being publicly questioned, the widow of a multibillionaire banker has donated $12.3 million in support of Harvard’s interfaculty initiative on ethics, the University announced yesterday.

University President Drew G. Faust said she was tickled by a scene in "The Social Network" that takes place in a fictionalized version of her office in Mass. Hall.

The Allston Work Team will present a set of recommendations for Harvard’s $1 billion expansion in Allston by the middle of next year, according to University Executive Vice President Katherine N. Lapp.