MIT Sloan School of Management Professor Gabriel Bitran PhD ’75 and his son Marco Bitran ’97 have agreed to pay $4.8 million to settle hedge fund fraud charges brought against them by the Securities and Exchange Commission (SEC), the SEC said on Friday.

WASHINGTON — The Massachusetts Institute of Technology is proposing to build a $450 million research facility at Hanscom Air Force Base in Bedford in a long-term venture that would reinforce the base’s high-tech mission without requiring new federal spending, according to government officials.

During this past spring break, I had the fortunate opportunity to visit Turkey in an all-expense-paid trip courtesy of the MIT-Sabancı University (SU) Freshman Scholar Program. A total of eight students were invited for a week-long stay at SU in Istanbul, Turkey by merit of their performance in freshman-level classes.

James L. Sherley, the former Course 20 MIT professor trying to stop government funding of embryonic stem cell research, had his day in court yesterday — again. This was his third time before the appeals court.