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Business - Financial Times
Klarna sells loans to hedge fund Elliott to free up £30bn for growth
Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolioOctober 16 -
Top stories - CBS News
Small Business Administration out of disaster relief funds
The Small Business Administration, a key federal program that provides disaster loans, said it has run out of funds for new emergency loans following hurricanes Helene and Milton.October 15 -
Top stories - The New York Times
SBA Depletes Disaster Loan Funds After Helene and Milton, Biden Says
Federal officials urged people to keep applying for the loans, which they said they would continue to process while awaiting more funding from Congress, which is not set to reconvene until Nov. 12.October 15 - Joe Biden -
Top stories - CBS News
SBA runs out of funding for disaster relief loans after Helene, Milton
The Small Business Administration offers Economic Injury Disaster Loans to businesses and people affected by disasters.October 15 -
Top stories - CBS News
U.S. tells Israel, boost humanitarian aid to Gaza or risk losing weapons funding
The Biden administration says Israel has 30 days to respond.October 15 - Israel -
World - ABC News
Belarus adds 1 year to imprisoned opposition activist's sentence
A court in Belarus has sentenced an imprisoned opponent of hardline President Alexander Lukashenko to an additional year behind bars for disobeying prison officialsOctober 15 -
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World - ABC News
A Saudi cartoonist has been sentenced to 23 years in prison, activists say
A Saudi cartoonist who once drew for a Qatari newspaper as a yearslong diplomatic crisis engulfed Doha has been sentenced to 23 years in prisonOctober 15 -
World - Financial Times
FirstFT: Israel grapples with shortage of air defence missiles
Also in today’s newsletter, Nvidia share price hits new record and tensions rise on the Korean peninsulaOctober 15 - Israel -
World - ABC News
Imprisoned Belarus activist who was a symbol of defiance hasn't been heard from for months
The last time any of Maria Kolesnikova’s family had contact with the imprisoned Belarusian opposition activist was more than 18 months agoOctober 15 -
World - ABC News
Canada, India expel each other's diplomats in escalating dispute over assassination
Canada says it has identified India’s top diplomat in the country as a person of interest in the assassination of a Sikh activist there and expelled him and five other diplomatsOctober 15 - India -
Business - MarketWatch
Get ready for another mutual fund with a hedge-fund-style strategy. What investors need to know.
Eckhardt Trading Co., founded by longtime managed-futures trader Bill Eckhardt, is branching out into the mutual fund world with a strategy often associated with hedge funds.October 15 -
Business - Financial Times
Podcaster Stebbings raises one of Europe’s biggest venture funds
British firm 20VC pulls in $400mn to invest in early stage tech start-upsOctober 15 -
World - ABC News
China's premier inaugurates a Beijing-funded airport at the start of a Pakistan trip
China’s Premier Li Qiang has inaugurated a Beijing-funded airport built in restive southwestern Pakistan as he arrived for a regional security meeting in the capital, IslamabadOctober 14 - China -
Business - MarketWatch
Southwest’s stock falls after activist calls special meeting to elect new board
Southwest Airlines’ stock took a turn lower Monday, after activist investor Elliott Investment Management called for a special meeting to give shareholders a chance to elect “a completely ...October 14 -
World - The Guardian
Canadian police accuse Indian diplomats of ‘criminal’ activities including homicides
Accusations made hours after both countries expel senior diplomats in escalating row over killing of Sikh activist. Canadian police accused Indian diplomats and consular staff of “clandestine” and ...October 14 -
World - The Wall Street Journal
Canada, India Expel Diplomats in Escalating Dispute Over Sikh Activist's Killing
The decision is the latest flare-up between the countries since the killing of an activist in 2023.October 14 - India -
Politics - The Hill
SBA disaster loan fund running low
Welcome to The Hill's Business & Economy newsletter {beacon} View Online Business & Economy Business & Economy The Big Story SBA disaster loan fund running low Congress is facing more pressure ...October 14 -
Business - Financial Times
Canada and India expel diplomats over killing of Sikh activist
Relations between two countries at new low after allegations by Canadian police of ‘clandestine activities’ by envoysOctober 14 - India -
Politics - The Hill
Georgia elections chair criticizes 'activist' board members
Georgia State Election Board Chair John Fervier slammed his Republican colleagues Monday, after the state passed new election rules regarding hand-counting ballots. Fervier, in an exclusive ...October 14 -
Business - The Wall Street Journal
Activist Investor Doubles Down on Calls for Executive Changes at BP
U.K. activist investor Bluebell Capital Partners is pushing BP to remove its chairman and lead independent director.October 14 -
Business - Financial Times
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyOctober 14 - United Kingdom -
World - ABC News
India recalls ambassador from Canada in growing dispute over allegation of involvement in assassination of Sikh activist
India recalls ambassador from Canada in growing dispute over allegation of involvement in assassination of Sikh activistOctober 14 -
Top stories - NBC News
Lilly Ledbetter, equal pay and women's rights activist, dies at 86
Women's rights activist Lilly Ledbetter has died, according to a family representative. The Lilly Ledbetter Fair Pay Act became the first bill Barack Obama signed into law as president in 2009.October 14 -
Business - MarketWatch
Trend-tracking funds have now turned positive, Goldman Sachs says
Commodity-trading-advisor funds are up 1.4% in the year-to-date, following a tough start to the year.October 14 -
Business - Financial Times
Banks and fund managers call on EU to commit to shorter settlement plan
Industry lobby groups urge Brussels to set timetable for modernisation of securities marketOctober 14 -
Business - MarketWatch
Hedge-fund manager who could be Trump Treasury secretary says tariffs can be negotiated lower
A hedge-fund manager who is reported to be in the running to be Treasury secretary if former President Donald Trump is re-elected said in an interview that a proposed across-the-board tariff rise — ...October 14 - Donald Trump -
Business - Financial Times
Corporate debts mount as credit funds let borrowers defer payments
Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest ratesOctober 14 -
Business - Financial Times
Biggest US public pension fund Calpers invests in UK’s Octopus Energy
California retirement fund among investors drawn to power company for its software and green focusOctober 14 -
Top stories - CBS News
Frost says Congress should return "as soon as possible" to replenish disaster funds
Congress is not set to return from recess until Nov. 12, after Election Day.October 13