Latest in Global ETF assets soar to $15tn as shift from mutual funds gathers pace
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DealBook Summit: Seismic Political Shifts Will Continue
A lively DealBook Summit task force agreed on little except that the electorate is restless.The New York Times - 2h -
Global ETF assets soar to $15tn as shift from mutual funds gathers pace
US leads inflows as investors pour into Wall Street equitiesFinancial Times - 5h -
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
General Motors says it will retreat from the robotaxi business and stop funding its money-losing Cruise autonomous vehicle unitABC News - 1d -
The Internet’s Obsession With Luigi Mangione Signals a Major Shift
On Monday, police arrested Luigi Mangione, a 26-year-old app developer, in connection with the death of UnitedHealthcare CEO Brian Thompson. Online reaction to his apprehension reveals a new form ...Wired - 2d -
Israel seizing on Syria chaos to strike military assets
Israel has attacked Syrian military assets and has troops operating in the Golan buffer zone and slightly beyond.BBC News - 1d -
Israel to continue strikes on Syrian military assets
The Israeli military says it has been targeting weapons stockpiles in Syria with hundreds of strikes since the fall of the Assad regime in an effort to keep the weapons away from extremists. CBS ...CBS News - 1d -
The case for a global defence bank
Transformative solutions are required to overhaul procurement and expand the pool of available capitalFinancial Times - 1d -
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Beam Ventures launches $150M fund to make Abu Dhabi into a global gaming hub
The Beam Foundation said it plans to launch Beam Ventures in Abu Dhabi, a $150 million venture fund focused exclusively on gaming. The gaming fund aims to accelerate promising founders and ...VentureBeat - 1d -
Israel Strikes Military Assets Across Syria to Keep Them From Rebels
Israel capitalized on the power vacuum in Syria to bomb targets across the country, saying it aims to keep weapons away from extremists.The New York Times - 1d -
Coffee prices soar to 40-year highs as global growers struggle with extreme weather
Coffee prices have reached a 40-year high, nearing $3 per pound, driven by extreme weather and climate change. Maya Eaglin reports that major producers in Brazil and Vietnam are struggling with ...NBC News - 1d -
US loans Ukraine $20B from seized Russian assets
The Treasury Department gave Ukraine a $20 billion loan funded by seized Russian assets Tuesday as part of a broader Group of Seven (G7) effort to boost the country's defense. The money will be ...The Hill - 1d -
Patriots waive WR K.J. Osborn in reported ‘mutual decision'
K.J. Osborn was never able to make an impact with the Patriots, and now he's free to join a team that will give him more playing time.Yahoo Sports - 1d -
US gives $20bn to Ukraine funded by seized Russian assets
The move means Russia is being forced to "bear the costs of its illegal war", the US Treasury said.BBC News - 1d -
FirstFT: Man charged with murder of healthcare executive
Also in today’s newsletter, Lula in intensive care, and Wall Street’s ‘Merger Monday’Financial Times - 2d -
Wall Street’s complex debt bonanza hits fastest pace since 2007
Banks sell bonds backed by revenues from chicken wings, music catalogues and oil wellsFinancial Times - 2d -
BP shifts offshore wind to joint venture amid retreat from renewables
Energy company’s deal with Japan’s Jera will allow it to focus on exploiting oil and gas assets. Business live – latest updates BP has agreed a deal worth up to £4.5bn to build offshore ...The Guardian - 3d -
From Trump and Turkey, to Russia and Iran — Syria's regime change has huge global consequences
The dramatic collapse of Bashar al-Assad's Syrian regime at the hands of rebel forces this weekend will have deep ramifications across the globe.CNBC - 3d -
Global reaction to Assad's sudden ouster from Syria ranges from jubilation to alarm
The fall of Syria’s authoritarian government at the hands of jihadi militants has set off waves of jubilation, trepidation and alarm around the worldABC News - 3d -
Murphy draws attention with calls for Democratic shift in strategy
Sen. Chris Murphy (D-Conn.) is on the rise as a Democratic Party voice calling for a new direction as the party seeks to regroup following a stinging election loss. Murphy has been among the most ...The Hill - 4d -
Trump nomination pace, lack of vetting gives Senate GOP headaches
President-elect Trump’s rollout of his Cabinet and administration nominees, coupled with the transition team’s lack of vetting, is creating unwanted headaches for Senate Republicans. Trump has been ...The Hill - 4d -
This investment is cheaper and better than mutual funds
Opponents shouldn’t block 403(b)s from purchasing collective investment trustsMarketWatch - 5d -
MLS mulling calendar shift amid crowded schedule
MLS Commissioner Don Garber acknowledged the increasingly crowded soccer calendar and the league strongly considering a potential shift to a fall/spring format to better align with European leagues.ESPN - 5d -
Lodi community gathers to remembers salon owner killed
A deadly shooting in Woodbridge took the life of a beloved Lodi salon owner. Her friends and family are grappling with the devastating loss.Yahoo Sports - 5d -
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These tips for investing in mutual funds and ETFs help you ride a year-end rally
Bitcoin, small-caps, gold in focus, and the stock market looks for holiday cheer.MarketWatch - 6d -
MLB’s Winter Meetings begin Sunday: What should fans expect from the annual baseball gathering?
Consensus around baseball is that the meetings won’t end with Juan Soto still on the open market.Yahoo Sports - 6d -
Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim's new book on the tech giant
Starboard Value's Jeff Smith knows his firm sold its Nvidia stake way too soon, Tae Kim writes in "The Nvidia Way: Jensen Huang and the Making of a Tech Giant."CNBC - Dec. 5 -
Crypto prices soar as Trump’s SEC pick stokes hope for more ETFs
President-elect Donald Trump’s nomination of Paul Atkins to chair the Securities and Exchange Commission could usher in a new era of crypto-friendly financial regulation in Washington.MarketWatch - Dec. 5 -
Equinor, Shell to Combine U.K. Assets
The energy majors will create a joint venture they say will be the biggest independent producer in the North Sea to help sustain domestic oil-and-gas production and secure energy supply in the U.K.The Wall Street Journal - Dec. 5 -
China’s shift to local chips gains momentum from latest US export controls
Industry associations urge companies to switch, saying US semiconductors are ‘no longer safe or reliable’Financial Times - Dec. 5 -
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds
Single stock ETFs are seeing high trading volumes, and some are showing signs of stress.CNBC - Dec. 4 -
EU pushes back deforestation law by a year after outcry from global producers
The European Union has agreed to delay by a year the introduction of new rules to ban the sale of products that lead to massive deforestationABC News - Dec. 4 -
Bobby Petrino withdraws from Charlotte coaching search after both sides shared mutual interest
Petrino might still make his way back to the head coaching ranks, but it won't be with the 49ersCBS Sports - Dec. 3 -
Alabama shifts to betting favorite to make CFP
Alabama has moved from a +105 underdog to a -200 favorite to make the College Football Playoff at ESPN BET.ESPN - Dec. 3 -
Moscow approves sale of Carlsberg’s Russian assets for $322mn
Danish brewer had previously accused the Kremlin of ‘stealing’ the businessFinancial Times - Dec. 3 -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -
California special session to 'safeguard' state from Trump kicks off with proposed $25 million legal fund
Gov. Gavin Newsom's special legislative session to safeguard California from potential "federal overreach" from the incoming Trump administration begins Monday.CNBC - Dec. 3 -
Global arms trade soars in 2023 amid deadly conflicts
The top 100 global arms producers increased weapons and military-related sales by 4.3 percent last year, according to new research, as nations react to a more volatile and dangerous geopolitical ...The Hill - Dec. 2