Latest in Act Funding
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TSMC is confident its CHIPS Act funding will continue under Trump, says CFO Wendell Huang
TSMC has been promised $6.6 billion under the Biden-administration's CHIPS and Science ACT to help build three cutting-edge chip fabrication plants in Arizona.CNBC - 13h -
Trump’s second act creates several firsts
Plus, Davos delegates seek collaboration, Belarus runs a predictable election and darts player Luke Littler turns 18Financial Times - 20h -
Hospital funding announcement next week, BBC told
A Department of Health and Social Care spokesperson said the government planned to rebuild the NHS.BBC News - 1d -
Independent secures funding from Bill Gates’ foundation
It has given British media group more than $700,000 to fund journalism in ‘under reported’ parts of the worldFinancial Times - 1d -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - 1d -
Acting legend Dame Joan Plowright dies at 95
She was one of Britain's most acclaimed stage and screen stars and the widow of Sir Laurence Olivier.BBC News - 2d -
Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - 3d -
Jayapal: Laken Riley Act a 'highway to mass deportation'
Rep. Pramila Jayapal (D-Wash.) said on Sunday that the Laken Riley Act, a bill aimed at curbing crime by migrants, is a “highway to mass deportation.” “It is essentially a highway to mass ...The Hill - 6d -
California fires prompt acts of generosity among residents
Despite the catastrophic damage, all-encompassing stress and unhealthy air quality, many neighbors have stepped up to assist one another.ABC News - Jan. 10 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
California wildfires: A look at the helpers, heroes, acts of bravery
Communities across California have been devastated by the severe wildfires in the region and now, amid so much damage and despair, people are displaying remarkable acts of bravery and kindness to ...NBC News - Jan. 10 -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - Jan. 10 -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - Jan. 9 -
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 - Jan. 8 -
Wicked leads acting awards race but Jolie snubbed
Jonathan Bailey, Cynthia Erivo and Ariana Grande are all recognised at the Oscars precursor.BBC News - Jan. 8 -
Laken Riley Act gains steam — with Democrats
Some in the party's ranks are turning right alongside the electorate.Politico - Jan. 7 -
These Democrats flipped their votes on the Laken Riley Act
Seven House Democrats flipped their votes to "yes" on a GOP-led bill named after the slain Georgia student Laken Riley that would require detention of migrants arrested for theft. The Laken Riley ...The Hill - Jan. 7 -
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 -
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 -
Biden signs Social Security Fairness Act into law
President Joe Biden signed the Social Security Fairness Act into law Sunday, marking what is expected to be one of the last major pieces of legislation of his presidency.ABC 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 -
Biden signs Social Security Fairness Act
President Joe Biden signed the Social Security Fairness Act, which will increase the benefits of Social Security for millions of public workers.NBC News - Jan. 5 -
Terror act shatters the New Year in New Orleans
Just hours into the first day of 2025, a 42-year-old Texas man purposely drove a rented pickup through a dense crowd of revelers on New Orleans' Bourbon Street, then opened fire on police officers. ...CBS News - Jan. 5 -
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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 -
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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 -
Investigators Said the New Orleans Attacker Acted Alone
Also, Speaker Johnson is trying to unite Republicans behind him. Here’s the latest at the end of Thursday.The New York Times - Jan. 2 -
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 -
New Orleans attack: FBI believes suspect acted alone in ‘act of terrorism’
Investigators had initially suggested others may have been involved in New Year’s Day attack that killed 14 people. New Orleans truck attack – latest updates The FBI said on Thursday that it ...The Guardian - Jan. 2 -
FBI says suspect in New Orleans acted alone in ‘act of terrorism’ – live
FBI says attack not linked to Las Vegas Cybertruck explosion and says New Orleans surveillance video shows suspect planting two explosive devices at the scene. Full story – FBI believes suspect ...The Guardian - 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 -
New Orleans attacker acted alone, FBI says
FBI officials said they believe Shamsud-Din Jabbar acted alone in New Orleans in what they described as a terror attack inspired by ISIS. “Let me be very clear about this point, this was an act of ...The Hill - Jan. 2 -
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