Latest in Vanguard to Pay $106 Million in Restitution to Retirement Fund Investors
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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 - 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 -
Indian investors rush into highly valued defence stocks
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaringFinancial Times - Jan. 7 -
Ulta Names Steelman CEO, Kimbell to Retire
Ulta Beauty has named Kecia Steelman as its chief executive, succeeding David Kimbell, as the company aims to reaccelerate its growth amid a global slowdown in the beauty market.The Wall Street Journal - Jan. 6 -
Social Security Fairness Act brings retirement changes for nearly 3 million public pensioners
President Joe Biden on Sunday signed the Social Security Fairness Act into law, clearing the way for nearly 3 million public workers including teachers, firefighters and police to see an increase ...NBC News - Jan. 6 -
Social Security Fairness Act brings retirement changes for nearly 3 million public pensioners. Here's what that means for retirees
Two provisions have been eliminated that reduced Social Security benefits for public workers who receive pensions. Here's what that means for retirees.CNBC - 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 -
Sushi chain pays $1.3 million for motorcycle-sized tuna at Tokyo auction
A bluefin tuna sold for more than $1.3 million at an annual fish auction in Tokyo, in what organizers said was the second-highest bid since the event began in 1999.NBC News - Jan. 6 -
China rushes to reassure investors as equities and renminbi fall
CSI 300 down 4.2% this year and currency slides to 15-month low as Donald Trump’s return weighs on marketsFinancial 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 -
Koby Brea hits seven 3-pointers as No. 10 Kentucky hands No. 6 Florida its first loss, 106-100
Koby Brea scored 23 points and hit seven 3-pointers off the bench to lead No. 10 Kentucky over No. 6 Florida 106-100, handing the Gators their first loss of the seasonABC News - Jan. 4 -
Bulls to retire Rose's No. 1 jersey next season
The Bulls will retire Derrick Rose's No. 1 jersey to the rafters next season, the team announced.ESPN - Jan. 4 -
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 -
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Da Silva scores career-high 25 points, Magic overcome loss of Suggs to beat Raptors 106-97
Tristan da Silva scored a career-high 25 points and the Orlando Magic overcame the loss of guard Jalen Suggs to back spasms to beat the struggling Toronto Raptors 106-97 on Friday nightABC News - Jan. 3 -
Rose on Bulls jersey retirement: 'Would love that'
Derrick Rose said he'd like to see his No. 1 Chicago Bulls jersey hanging from the rafters at the United Center someday.ESPN - Jan. 3 -
Marvel Rivals Vanguard Tier List - All 8 Tank Heroes Ranked
The Marvel Rivals Vanguard roster is fairly limited out of the gate, with only a handful of heroes to choose from. Vanguards serve as tanks, with large health pools and abilities focused on ...GameSpot - Jan. 3 -
Apple to pay $95 million to settle lawsuit accusing Siri of eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devices.NBC News - Jan. 3 -
Booz Allen Hamilton to Pay $15.9 Million in False Claims Settlement
Booz Allen Hamilton Holding agreed to a $15.9 million settlement with the Justice Department on Friday, resolving allegations the company submitted fraudulent claims to the U.S. under military task ...The Wall Street Journal - 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 -
Apple agrees to pay $95 million to settle Siri eavesdropping claims
Apple surreptitiously activated Siri to record user conversations through iPhones and other devices, court finds.CBS News - Jan. 2 -
Apple to pay $95 million to settle lawsuit accusing Siri of snoopy eavesdropping
Apple has agreed to pay $95 million to settle a lawsuit accusing the privacy-minded company of deploying its virtual assistant Siri to eavesdrop on people using its iPhone and other trendy devicesABC News - 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 -
Apple Agrees to Pay $95 Million to Settle Lawsuit Over Recordings Tied to Siri
The class-action lawsuit alleged the company obtained private communications and shared them with third parties without consent through Siri.The Wall Street Journal - Jan. 2 -
Activist investors give Japan a wake-up call
A critical mass of shareholder activists are forcing companies to adjustFinancial Times - Jan. 2 -
Hundreds apply for restitution for abuse suffered at Florida reform schools
Hundreds of people who say they suffered physical or sexual abuse at two state-run reform schools in Florida are in line to receive tens of thousands of dollars in restitution from the state, after ...NBC News - 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
