Latest in Billionaires' wealth skyrocketing, anti poverty group says ahead of Davos
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Billionaire Issa brothers’ EG Group readies $13bn US IPO
Private equity-backed petrol station business expected to list as early as this yearFinancial Times - Jan. 12 -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - Jan. 12 -
Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts
Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.The New York Times - Jan. 11 -
DOGE’s Anti-Regulatory Offensive May Have Merit but Mistakes Its Target
The Elon Musk-led government-slashing initiative seeks to eliminate thousands of costly federal agency regulations, but needs to fix a broken Congress to succeed.Inc. - Jan. 10 -
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To resist the climate crisis, we must resist the billionaire class | Peter Kalmus
To solve the climate crisis, power must flow away from the billionaire class. When I feel uncertain, I find it’s helpful to write down things I know to be true. Fossil fuels are causing ...The Guardian - Jan. 10 -
Myanmar army airstrike in Rakhine state kills about 40 people, says opposition group
Hundreds of homes were burned in Kyauk Ni Maw village in the aerial attack on Rakhine state, says Arakan Army says. An airstrike by Myanmar’s army on a village under the control of an armed ethnic ...The Guardian - Jan. 10 -
Aunt of UK’s anti-corruption minister denied Malta passport on corruption fears
Documentation for application by ally of ousted Bangladesh PM contains details of arrangement of family affairsFinancial Times - Jan. 10 -
Anita Bryant, anti-gay rights activist and singer, dead at 84
Anita Bryant Dry, known popularly Anita Bryant — a singer and crusader against the progress of gay rights — has died at the age of 84, her family announced in an obituary.The Hill - Jan. 10 -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - Jan. 9 -
Billionaire Frank McCourt's Project Liberty bids for TikTok ahead of Supreme Court arguments
The internet advocacy group's proposed purchase would bring TikTok under American ownership and prevent it from being banned in the U.S.CNBC - Jan. 9 -
This Billionaire’s ‘Don’t Die’ Strategy Boils Down to 5 Basics
Bryan Johnson, the founder of Braintree and subject of a new Netflix doc, is on a quest for remarkable longevity.Inc. - Jan. 9 -
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Nuclear energy groups race to develop ‘microreactors’
Companies vie to create small plants for deployment to sites from data centres to oil platformsFinancial Times - Jan. 9 -
Former United Airlines employee called anti-Asian slurs and assaulted on job, settlement says
United Airlines will pay $99,000 to settle a federal discrimination case in which an Asian American employee alleged that a supervisor called him an anti-Asian slur, told him to pull up his mask ...NBC News - Jan. 8 -
U.S. Funding Dispute With World Anti-Doping Agency Boils Over
After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.The New York Times - Jan. 8 -
The Billionaire Mining Magnate Who Bet Coal Had a Future---and Won Big
The U.K. closed its last coal-powered plant, but 76-year-old Low Tuck Kwong ignored naysayers and built a fortune from the world’s dirtiest fossil fuel.The Wall Street Journal - Jan. 7 -
Meta Follows Elon Musk’s Lead, Moves Staffers to Billionaire-Friendly Texas
According to Mark Zuckerberg, Meta trust and safety workers will be relocated to Texas to prevent them from “censoring” users. Experts point to other advantages.Wired - Jan. 7 -
Lotte Group taps Arbitrum for Web3 entertainment experiences
Lotte Group, a big five conglomerate in South Korea, said at CES 2025 that it has picked the Arbitrum blockchain for its Lotte Caliverse.VentureBeat - Jan. 7 -
Emirati billionaire investing $20B in US to build data centers
President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across the ...The Hill - Jan. 7 -
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Fubo’s stock skyrockets as Disney Hulu + Live TV deal creates YouTube TV rival
Shares of FuboTV Inc. skyrocketed Monday after the company announced a deal to combine Walt Disney Co.’s Hulu + Live TV service with Fubo.MarketWatch - Jan. 7 -
Chewy is entering ‘beast mode,’ with more than 50% upside ahead, says analyst
Chewy Inc. is well-positioned for a strong 2025, according to Mizuho Securities, which has upgraded the online retailer of pet products to outperform.MarketWatch - Jan. 6 -
Maga vs the billionaires
Trump’s fragile coalition is already splintering over immigrationFinancial Times - Jan. 6 -
South Korean anti-corruption agency asks police to detain impeached Yoon
Its investigators failed to bring him to custody after an hours-long standoff.ABC News - Jan. 5 -
In Reversal, Musk Trashes Farage, U.K.’s Anti-Immigrant Populist
Elon Musk, the billionaire backer of Donald J. Trump, had been promoting Nigel Farage. But on Sunday Mr. Musk said Mr. Farage “doesn’t have what it takes.”The New York Times - Jan. 5 -
This money bias is 'the biggest barrier to building wealth,' says financial psychologist
Putting off some key financial moves because they seem too complex? You could be costing yourself over the long run.CNBC - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
Tech groups to pay premium for energy for Malaysia data centres, says minister
Investment in ‘oil of the 21st century’ will support country’s development of renewable powerFinancial Times - Jan. 5 -
The Year Ahead
There’s an empty calendar spread out before us. What meaning will we give to it?The New York Times - Jan. 4 -
Sen. John Thune says House Speaker Mike Johnson has a 'really tough job' ahead
Sen. John Thune, R-S.D., the incoming Senate majority leader, said Friday that House Speaker Mike Johnson, R-La., will have a "really tough job," navigating a narrow majority.NBC News - Jan. 3 -
Trump says he’s been in touch with GOP holdouts ahead of Speaker vote
President-elect Trump said he has been in touch with Republican holdouts ahead of Friday afternoon's Speaker vote, as uncertainty swirls about whether Speaker Mike Johnson (R-La.) has enough ...The Hill - Jan. 3 -
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5 big lobbying battles ahead
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story K Street gears up for Trump 2.0 Lobbyists will have their hands full in 2025 with ...The Hill - Jan. 2 -
Trump to rally in DC ahead of inauguration
Donald Trump is expected to hold a big Washington rally the day before he’s sworn in as the nation’s 47th presidentABC News - Jan. 2 -
How Jensen Huang and 3 Nvidia Board Members Became Billionaires
Longtime Nvidia board member Tench Coxe is among the company’s newly minted billionaires.Inc. - Jan. 2 -
The tricky year ahead for Labour
The spending review, an industrial strategy and housing present big challenges for the governmentFinancial Times - Jan. 2 -
FBI says it foiled possible attack against pro-Israel group Aipac
Man accused of traveling to offices in Florida with intention of ‘killing, injuring, harassing and intimidating’. FBI agents say they have foiled a possible attack on a US pro-Israel group ...The Guardian - Jan. 1 -
U.S. beats Canada, wins group at world juniors
The U.S. scored a 4-1 victory over Canada to take the top spot in Group A at the world junior hockey championship on Tuesday.ESPN - Jan. 1 -
Justice Department asks Supreme Court to reinstate anti-money laundering law
The Justice Department asked the Supreme Court to issue an emergency order reinstating a federal anti-money laundering law as a legal battle plays out in a lower court. Passed in 2021, the ...The Hill - Dec. 31
