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Fire hydrants ran dry due extreme demand in Pacific Palisades, officials say
Three large water tanks in the Pacific Palisades area ran out by early Wednesday morning, officials said, reducing water pressure for fire hydrants at higher elevations.CBS News - Jan. 8 -
Water tanks went dry in Pacific Palisades, hampering efforts to fight fire
Demand for water to fight the Palisades Fire led all three of the area's water tanks and some fire hydrants to temporarily dry up in the last roughly 24 hours.NBC News - 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 -
Buildings gutted in Altadena as Eaton Fire remains active
Cars, businesses and homes are gutted in Altadena, California, as the Eaton Fire continues to spread. CBS News Los Angeles' Joy Benedict reports.CBS News - Jan. 8 -
U.S. Funding Dispute With World Anti-Doping Agency Boils Over
After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.The New York Times - Jan. 8 -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - Jan. 8 -
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 - Jan. 8 -
Southern California Is Dangerously Dry for This Time of Year
Ordinarily, the region would have seen some rain by January.The New York Times - Jan. 8 -
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 - Jan. 7 -
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 - Jan. 7 -
Vikings sign ex-Giants QB Daniel Jones to active roster ahead of playoffs
Daniel Jones is now a member of Minnesota's active roster. Will he see the field in the postseason?Yahoo Sports - Jan. 7 -
19 million under red flag warning in Southern California as dry conditions sustain blazes
Millions of people across Southern California are under a red flag warning as a dangerous windstorm fanned blazes in the Los Angeles area, including the Palisades Fire, which has triggered ...NBC News - 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 -
Does Dry January Really Make People Healthier?
Abstaining from alcohol can have immediate benefits. But lasting gains require lasting change.Wired - Jan. 7 -
Where fire danger is heightened due to dry weather
Parts of Southern California will be threatened with increased fire danger again in the coming days.ABC News - Jan. 6 -
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 -
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 -
From dry Jan to filing your tax return: Edith Pritchett’s week in Venn diagrams – cartoon
Continue reading...The Guardian - 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 -
How increased Israeli military activity is changing the Middle East
The Biden administration notified Congress of a proposed $8 billion arms sale to Israel as the U.S. government maintains its strong support for its ally in the Middle East. While the Israeli ...CBS News - 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 -
Matthew Livelsberger left 'diary of activity' criticizing the government before dying in Cybertruck explosion
A decorated Army veteran suffering from post-traumatic stress disorder called U.S. government leadership “weak” and appeared to acknowledge he purposely blew up a Tesla Cybertruck at the entrance ...NBC News - Jan. 3 -
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Dry January made easy with non-alcoholic drink recipes
As Dry January gains popularity, mocktails are becoming a go-to for many. Food & Wine's executive wine editor Ray Isle shares recipes and tips for non-alcoholic indulgence.CBS News - Jan. 3 -
Active-duty US Army Green Beret identified as Cybertruck suspect
Law enforcement officials say they have identified the primary suspect in the Cybertruck explosion in Las Vegas on New Year's Day as a highly decorated active duty Army soldier who was on approved ...NBC News - 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 -
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 -
Texas FBI, local police 'conducting law enforcement activity' in connection to New Orleans attack
FBI Houston posted on the social platform X that its agency, along with the Harris County Sheriff’s Office, are “conducting law enforcement activity” in north Houston in connection with the New ...The Hill - 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