A $35 Billion Loan Project, Led by World Bank, Aims to Expand Electricity in Africa

Crackdown on rogue university operators in England aims to cut loan fraud

Department for Education pledges to improve the regulation of outsourced teaching

Financial Times - 1h

The Electric Vehicle Fight Turns to California

The future of EVs might hinge on a decades-old air pollution law. Whether the law is upheld will have ramifications far beyond the borders of the Golden State.

Wired - 2d

World’s largest sovereign wealth fund reports record $222 billion annual profit on tech rally

Norway’s sovereign wealth fund reported its full-year earnings on Wednesday.

CNBC - 1d

Czech central bank head wants it to buy billions of euros in bitcoin

Governor tells FT ‘I like profitability’ and predicts others could follow his example

Financial Times - 1d

Which projects qualify for home equity loan tax deductions?

Projects that increase your home's value are typically eligible for a tax exclusion — but most repairs are not.

CBS News - 2d

World Bank Warns Colombian Staff Against U.S. Travel After Trump Visa Edict

Several Colombians whose visas were revoked were World Bank employees traveling in the United States at the time. They were deported.

The New York Times - 2d

A $35 Billion Loan Project, Led by World Bank, Aims to Expand Electricity in Africa

Some $35 billion is aimed at building small solar sites in rural areas and other improvements. The World Bank chief called the project “foundational to everything.”

The New York Times - 2d

Dam plan busted? World's biggest hydropower project in the balance

The DR Congo is planning to build a massive dam delivering power to millions of people - but it is not easy.

BBC News - 3d

An Indian Jewelry Brand Expands Its World

Bhagat, the celebrated jeweler, opens a boutique in London — its first outside of its home country.

The New York Times - 4d

Wall Street Banks Set to Sell $3 Billion in X Loans, Sources Say

The sale will reportedly take place next week.

Inc. - 4d

Wall Street Banks Prepare to Sell Billions of Dollars of X Loans

Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.

The Wall Street Journal - 5d

Italian bank Monte dei Paschi launches 13 billion euro takeover bid for peer Mediobanca

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sector

ABC News - 6d

Profits at Indian banks dented as RBI curbs retail loans

Bad loan provisions also grow after millions of households loaded up on debt during ‘exuberant’ period

Financial Times - 6d

Trump’s $500 billion AI moonshot: Ambition meets controversy in ‘Project Stargate’

Trump unveils ambitious $500 billion 'Project Stargate' AI initiative with tech giants OpenAI, Oracle, and SoftBank, sparking controversy as Elon Musk questions funding and environmentalists raise ...

VentureBeat - 6d

From Musk to Nadella: Trump's $500 billion AI project stirs drama among the biggest names in tech

Some of the biggest names in technology have clashed after President Donald Trump unveiled his $500 billion private AI investment project.

CNBC - 6d

With Cease-Fires on Two Fronts, Israel Takes Aim at West Bank

Israel expands its campaign against militancy in the Palestinian territory after more than 15 months of deadly war in Gaza.

The Wall Street Journal - Jan. 22

West Africa's junta-led nations announce deployment of a joint force as extremist violence spikes

Niger’s defense minister says the junta-led West African countries of Niger, Burkina Faso and Mali have created a joint force that will soon be deployed in the restive Sahel region to face rising ...

ABC News - Jan. 22

Trump announces $500 billion AI infrastructure project

President Trump announced a $500 billion investment into artificial intelligence infrastructure on his first full day in office. His announcement was made alongside the heads of three leading ...

CBS News - Jan. 21

The Dodgers Won the World Series. Then They Spent Nearly Half a Billion Dollars.

It’s been 25 years since an M.L.B. team won back-to-back titles, but Los Angeles is unfazed.

The New York Times - Jan. 21

Newsom announces bank mortgage loan grace period after wildfires

California Gov. Gavin Newsom (D) announced on Saturday commitments from five major banks to offer homeowners affected by the wildfires a 90-day grace period on their mortgage payments. The ...

The Hill - Jan. 19

US announces $1.2 billion to help finance renewable energy projects in Puerto Rico

The U.S. Department of Energy says it's setting aside $1.2 billion in federal funds to help finance renewable energy projects in Puerto Rico to reduce its dependence on fossil fuels

ABC News - Jan. 17

Biden announces final round of student loan forgiveness, bringing aid total to nearly $189 billion

The Biden administration announced on Thursday its final round of student loan forgiveness, clearing over $600 million in the debt for thousands of borrowers.

CNBC - Jan. 17

World Bank and AfDB outline $40bn power finance terms for Africa

Yahoo News - Jan. 17

Bank of America profits boosted by loan growth and robust trading

Strong results echo other big Wall Street banks

Financial Times - Jan. 16

Pakistan's premier welcomes World Bank's 10-year funding plan of $20 billion

Pakistan’s prime minister has welcomed the first-of-its-kind agreement with the World Bank under which his country will receive $20 billion in the next decade to invest in renewable energy, ...

ABC News - Jan. 15

Analysis: The risk of outsourcing Africa's ambition

Yahoo News - Jan. 14

New US Rule Aims to Block China’s Access to AI Chips and Models by Restricting the World

The US government has announced a radical plan to control exports of cutting-edge AI technology to most nations.

Wired - Jan. 13

Why you should get a home equity loan for spring projects now

Considering a home equity loan to pay for your planned spring projects? Here's why you should start the process now.

CBS News - Jan. 10

EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal

The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.

The Wall Street Journal - Jan. 10

Amazon aims to expand advertising business by letting retailers use its ad tools on their stores

Amazon Retail Ad Service will allow sites to show "contextually relevant ads in the right place and at the right time" in search results, the company said.

CNBC - Jan. 9

Ozempic maker Novo Nordisk, after trial disappointment, expands AI deal in potential $4.6 billion pact

At least four analysts weighed in on the prospects for Europe’s second-largest company, Novo Nordisk, after the Danish drugmaker reported disappointing results for its next-generation weight-loss ...

MarketWatch - Jan. 8

Amid fears about Hollywood's future, L.A. approves $1-billion Television City project

The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.

Los Angeles Times - Jan. 8

Matsuyama sets PGA Tour record with 35-under

Hideki Matsuyama broke the PGA Tour record to par for 72 holes in his win at the Sentry, finishing at 35-under 257.

ESPN - Jan. 6

Bank alleges Bill Cosby ‘failed to repay’ loans; he could face foreclosure on two NYC homes

Cosby and his wife are reportedly facing foreclosure on two townhouses, after allegedly failing to keep up with repayments on multimillion-dollar loans.

MarketWatch - Jan. 6