Latest in The death of DEI is exaggerated, says fund manager targeting Starbucks and Nike
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McDonald’s Abandons Some DEI Policies, Following Other Big Companies Caving to Pressure Groups
Despite its apparent successes in diversifying the company, McDonald’s joined the growing list of big corporations revising or dropping DEI programs amid conservative attacks.Inc. - Jan. 7 -
Death toll of Haiti gang violence rose to 5,600 in 2024, UN says
UN Human Rights Office adds that 2,200 were injured and nearly 1,500 kidnapped as international mission struggles. More than 5,600 people were reported killed in Haiti last year, the UN has said, ...The Guardian - Jan. 7 -
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 - Jan. 7 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
McDonald’s is ‘retiring’ its DEI goals. Why more companies are expected to do the same.
Companies like Walmart, Harley-Davidson and Lowe’s have also changed their diversity initiativesMarketWatch - Jan. 7 -
David Squires on … Thomas Tuchel’s thrilling start to life as England manager
Our cartoonist looks at how the German is filling his time after beginning his new role at FA headquarters. Buy a copy of this cartoon in our Print Shop David’s new book, Chaos in the Box: ...The Guardian - Jan. 7 -
North Korea says it tested hypersonic intermediate-range missile aimed at remote Pacific targets
North Korea said Tuesday that its latest weapons test was a new hypersonic intermediate-range missile designed to strike remote targets in the Pacific.NBC News - Jan. 7 -
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Nicki Minaj accused of assaulting manager in lawsuit
Nicki Minaj's former manager has accused the rap superstar of berating and hitting him multiple times while she was on tour in Detroit.NBC News - Jan. 7 -
Aubrey Plaza says husband's death was an 'unimaginable tragedy'
Aubrey Plaza made a brief statement Monday on the death of her husband, Jeff Baena, at the age of 47 and asked for privacy.Los Angeles Times - Jan. 7 -
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 - Jan. 6 -
West Ham ask Graham Potter to be new manager with Lopetegui facing sack
Former Brighton and Chelsea coach is considering offer Tim Steidten’s relationship with Lopetegui breaks down West Ham have asked Graham Potter to become their new manager after deciding to sack ...The Guardian - Jan. 6 -
Target-date funds — the most popular 401(k) plan investment — don't work for everyone
Target-date funds are poised to capture about two-thirds of all 401(k) contributions by 2027. While they benefit many investors, others may see drawbacks.CNBC - Jan. 6 -
Ex-husband of The Vivienne says ‘heart is shattered’ after Drag Race star’s death
David Ludford pays emotional tribute, while UK show’s host RuPaul says the performer was ‘a lovely human being’. The ex-husband of the drag artist known as The Vivienne has said his “heart is ...The Guardian - Jan. 6 -
RuPaul says his heart is broken after The Vivienne's death
The Vivienne, who was 32 and won the first series of RuPaul's Drag Race UK, died over the weekend.BBC News - Jan. 6 -
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 - Jan. 6 -
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 - Jan. 6 -
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 - Jan. 6 -
Stock market manages strong start to 2025. But watch for these potential pitfalls.
Stock-market investors are just two days into the new year but managed to halt the slide that damped the end of a still stellar 2024.MarketWatch - Jan. 5 -
Centers The Canucks Should Be Targeting If They Make A Trade With The Rangers
The Vancouver Canucks could be making a trade with the New York Rangers ahead of the 2025 trade deadline.Yahoo Sports - Jan. 5 -
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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 -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - Jan. 4 -
Is It Time for the Giants to Move On From Their General Manager?
Joe Schoen and the head coach, Brian Daboll, came to New York from Buffalo as a “package deal.” That may no longer be the case.The New York Times - Jan. 4 -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - Jan. 4 -
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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 - Jan. 4 -
Scalise cites DEI initiatives in law enforcement while discussing New Orleans attack
House Majority Leader Rep. Steve Scalise (R-La.) cited diversity, equity and inclusion (DEI) initiatives that he says have blurred the focus of law enforcement agents hired to keep the country safe ...The Hill - Jan. 3 -
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 - Jan. 3 -
Fee change on investment trusts could badly hit manager revenues
Greencoat UK Wind’s charge shake-up could be copied by other trustsFinancial Times - Jan. 3 -
The Death of Net Neutrality Is a Bad Omen
While Americans might not mourn the loss of net neutrality, an appeals court’s ruling sets a troubling precedent for consumer protections in every industry.Wired - Jan. 3 -
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 - Jan. 2 -
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 - Jan. 2 -
The journalist, the manager, the fax machine and the hairdryer
Journalist Jonathan Northcroft tells Kelly Cates about his first experience of meeting Sir Alex Ferguson.BBC News - Jan. 2 -
Virginia man had weapons cache, used Biden photo for target practice, prosecutors say
He "expressed support for political assassinations," they said.ABC News - Jan. 1 -
Stoke appoint Robins as manager
Stoke City appoint former Coventry boss Mark Robins as their new manager on a three-and-a-half-year deal.BBC News - Jan. 1 -
Guess the Premier League season from the nationality of the managers – quiz
The flags signal the nationality of each club’s manager on the final day of the season in the order the teams finished. In some places you may see two flags together. The first represents where ...The Guardian - Jan. 1 -
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