Latest in BoE warns that hedge funds bring ‘vulnerabilities’ to gilt market
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Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 14h -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - 16h -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - 16h -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - 17h -
Can Boeing Be Fixed? Aerospace Leaders Offer a Repair Manual
Restore trust, revamp the design process and forget the stock price: Experts from inside and outside the company share advice for the troubled jet maker.The Wall Street Journal - 1d -
How to hedge the ‘permanently higher’ inflation Trump’s policies could ignite
This fund manager recommends dividend-paying stocks in three sectors that stand to benefit from rising prices.MarketWatch - 1h -
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.MarketWatch - 4h -
Lawmakers play the market
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Dozens of lawmakers beat stock market: report More than two dozen lawmakers once ...The Hill - 13h -
Winter Storm Forecast to Bring Snow and Ice to Texas
Just after the season’s first major winter storm, snow and ice are set to sweep across Texas and into the Carolinas this week.The New York Times - 15h -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - 22h -
Warnings of vulnerability preceded Bourbon Street attack
More than five years before the Bourbon Street attack, a confidential report distributed to officials in New Orleans warned that a vehicular terrorist attack was "highly possible." The assessment, ...CBS News - 23h -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - 1d -
Boeing Looks Back on a Turbulent Year
A year ago, a side panel on one of its 737 MAX planes blew off in midair, sending Boeing into a financial, industrial, and existential crisis.Inc. - 1d -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - 2d -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - 2d -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - 2d -
A year after Boeing's door plug accident, the aircraft giant faces a steep road to recovery
A year after a door plug blew out of a nearly new Boeing 737 Max 9, the manufacturer is outlining the progress it has made.CNBC - 3d -
Heavy snow brings widespread disruption across the UK
Heavy snow and freezing rain have brought widespread disruption across the U.K. with several major airports forced to suspend flights and many roads in the north of England unnavigableABC News - 3d -
ATF head warns that the Trump administration's funding cut plans could risk lives
Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...CBS News - 3d -
Memo to Trump: US telecoms is vulnerable to hackers. Please hang up and try again | John Naughton
State-backed cyberspies are exploiting ageing infrastructure to penetrate every corner of the US government, it seems – even its phone-tapping systems. You know the drill. You’re logging into your ...The Guardian - 3d -
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Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - 4d -
Alcohol warning labels?
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Surgeon General wants alcohol to come with cancer warning The U.S. surgeon general on Friday called for health ...The Hill - 4d -
New Orleans officials were warned Bourbon Street was vulnerable to car-ramming
New Orleans city leaders were warned in a 2019 confidential physical security assessment that Bourbon Street was vulnerable to a vehicle-ramming attack.ABC News - 4d -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - 4d -
Here’s how Boeing is responding to the FAA’s call for a ‘fundamental cultural shift’ in safety
Safety and quality need to be placed above profit at Boeing, says the head of the FAA.MarketWatch - 5d -
Boeing hopes the turbulence is over after a year of crashes, near misses and embarrassment
Boeing said Friday that it had hit several internal targets on safety and quality control despite a series of deadly crashes, near catastrophes and embarrassing incidents that has seen its share ...NBC News - 5d -
Boeing Adds More Surprise Quality Checks in Its Factories
The jet manufacturer outlines more than a dozen steps it has taken in recent months to address concerns about production issues.The Wall Street Journal - 5d -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - 5d -
Dictatorships Will Be Vulnerable to Algorithms
It may seem like a perfect fit: dispassionate software that streamlines the agendas of dastardly regimes. But they’ll find that the tech cuts both ways.Wired - 5d -
Boeing Shares Drop After South Korea Plane Crash
A widely used Boeing aircraft, the 737-800, was involved in Sunday’s crash-landing of a Jeju Air flight that killed 179 people.The New York Times - 5d -
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Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - 5d -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - 5d -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1 -
China steps up drive to break Boeing and Airbus grip on plane market
State-owned Comac opens offices abroad and pushes for overseas certification as it increases output of C919 jetsFinancial Times - Jan. 1
