Latest in Axe Federal Funding
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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 - Jan. 19 -
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 - Jan. 19 -
Bond funds are offering a ‘double whammy’ for investors
Many of these funds are trading at deep discounts and may have tempting distribution yieldsMarketWatch - Jan. 18 -
Moderna Gets $590 Million of Federal Funding For Influenza Vaccines
The package will provide additional support for late-stage development and licensure of pre-pandemic mRNA-based vaccines, the company saidThe Wall Street Journal - Jan. 17 -
Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - Jan. 17 -
A First-Day Trump Order: A Federal Stockpile of Bitcoin?
The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.The New York Times - Jan. 16 -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - Jan. 16 -
Football Daily | Lazio show where they draw the line after hard-right falconer’s axe
Sign up now! Sign up now! Sign up now? Sign up now! . Football Daily has had no previous call to delve into the murky world of pen!le prostheses [prosthesii? – Football Daily Ed] and is already ...The Guardian - Jan. 14 -
Meta and Amazon axe diversity initiatives joining US corporate rollback
The companies are among the latest major corporations to alter their diversity programmes since Trump's re-election.BBC News - Jan. 11 -
How federal agencies are responding to the Southern California wildfires
With the Los Angeles-area wildfires expected to be one of the most expensive disasters in California history, Margaret Brennan examines how the federal government is offering to help.CBS News - Jan. 10 -
Disney’s streaming strategy gets more confusing as Venu Sports venture is axed
Analysts are split on whether Disney should move forward with plans to combine Hulu + Live TV and Fubo, following the cancellation of its sports joint venture with Fox and WBD.MarketWatch - Jan. 10 -
Will the new presidency affect WFH for federal workers?
Winds of change are blowing, and for federal workers these could bring an end to the widespread remote work policies adopted and enhanced during the pandemic. Recommendations from the new ...The Hill - Jan. 10 -
Brompton chief warns axing tariffs on Chinese bicycles could ‘kill’ business
Flood of cheaper products could hit an industry already struggling with stagnant post-pandemic demandFinancial Times - 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 -
California fires live updates: death toll likely to rise; Biden announces federal funding for fight against blazes
Robert Luna decries ‘unacceptable’ looting in fire-ravaged areas, while Palisades wildfire grows to nearly 20,000 acres. Full report: wildfires continue to rage in Los Angeles Visual ...The Guardian - Jan. 9 -
Trump bid to ax sentencing denied by New York's highest court, leaving Supreme Court as last hope
New York's highest court on Thursday rejected President-elect Donald Trump’s bid to halt his sentencing Friday, and prosecutors urged the U.S.NBC News - Jan. 9 -
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 -
Huge problems with axing fact-checkers, Meta oversight board says
The body's co-chair says moving to community notes could have a big impact on gender rights and minority groups.BBC News - Jan. 8 -
Spa-Francorchamps axed from F1 schedule in 2028 and 2030
Belgian Grand Prix agrees rotational deal from next year Dutch GP at Zandvoort will leave the calendar Formula One says the Belgian Grand Prix will be rotated from next year as the sport moves ...The Guardian - 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 -
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 -
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 -
Meta’s Fact-Checking Partners Say They Were ‘Blindsided’ by Decision to Axe Them
Fact-checkers claim they had no idea the company was going to end their partnerships and are scrambling to figure out the financial implications of the move.Wired - 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 -
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 -
Washington Post cartoonist says editors axed cartoon depicting Trump, Bezos
A longtime cartoonist at The Washington Post resigned after leadership reportedly killed a cartoon depicting newspaper owner and billionaire Jeff Bezos bending his knee to President-elect Trump. “I ...The Hill - Jan. 4 -
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‘My call’: India captain Rohit Sharma insists he was not axed for fifth Test
Opener stands down after scoring 31 runs in three Tests Tourists need win at SCG to level series against Australia A defiant Rohit Sharma says he made the call to drop himself for the fifth ...The Guardian - Jan. 4 -
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 -
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
