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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

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Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

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Current price of oil as of June 23, 2026
SuccessColleges and Universities

Santa Ono, a Canadian-born immunologist and former University of Michigan president, just got the green light to be the University of Florida’s next president

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May 27, 2025, 4:38 PM ET
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Santa Ono, president of the University of British Columbia, listens in a panel discussion during the Emerging Cascadia Innovation Corridor Conference in Vancouver, British Columbia, Canada, on Tuesday, Sept. 20, 2016.Ben Nelms / Bloomberg—Getty Images
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GAINESVILLE, Fla. (AP) — The University of Florida’s board of trustees on Tuesday approved Santa Ono to be the next leader of Florida’s flagship university, though one more vote is required before it becomes official.

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Ono, the past president of the University of Michigan, needs approval by the governing body of the state university system before he becomes the 14th president of the University of Florida.

“The energy here at the University of Florida is palpable, and I am eager to join the wonderful students, faculty and staff of the Gator Nation,” Ono said in a statement.

The school’s board of trustees selects the president and the appointment is subject to confirmation by the Florida Board of Governors, per state law.

Ono is set to replace Kent Fuchs, who became the school’s interim president last summer after ex-U.S. Sen. Ben Sasse stepped down. Sasse left the U.S. Senate, where he had represented Nebraska, to become the university’s president in 2023.

Sasse announced in July he was leaving the job to focus on his family after his wife was diagnosed with epilepsy.

Soon thereafter, there were reports that Sasse gave six former staffers and two former Republican officials jobs with salaries that outstripped comparable positions and spent over $1.3 million on private catering for lavish dinners, football tailgates and extravagant social functions in his first year on the job.

The amount was about double the spending of his predecessor, Fuchs, who was brought back to head the university on a temporary basis.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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