Latest in Cancelation Federal Funding
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Trump revokes permits for oil companies in Venezuela to pressure Maduro
Action against Eni and Global Oil Terminals follows cancellation of Chevron’s licence in Latin American countryFinancial Times - 2d -
Attorney General Pam Bondi directs federal prosecutors to seek death penalty for Luigi Mangione
Attorney General Pamela Bondi on Tuesday directed federal prosecutors to seek the death penalty for Luigi Mangione, the man accused of gunning down UnitedHealthcare CEO Brian Thompson in New York ...NBC News - 10h -
10,000 Federal Health Workers to Be Laid Off
Health Secretary Robert F. Kennedy Jr. announced a major restructuring of the Health and Human Services Department, which now employs about 82,000 people.The New York Times - 5d -
Federal Workers Walk Into Chaos Amid Return to Office
President Trump has described his new in-office requirement as a way to ensure workers are doing their jobs. He sees potentially leading more employees to quit as an added benefit.The New York Times - 1d -
Trump Pauses Dozens of Federal Grants to Princeton
The Trump administration has sought to punish universities financially, saying they have not done enough to combat antisemitism or comply with other administration priorities.The New York Times - 4h -
U.S. to End Vaccine Funds for Poor Countries
A 281-page spreadsheet obtained by The Times lists the Trump administration’s plans for thousands of foreign aid programs.The New York Times - 5d -
Cutting Off NPR and PBS
Republicans say there is no reason for the government to fund the public broadcasters.The New York Times - 10h -
Trump administration to shrink federal health agencies by 20,000 employees
Health and Human Services Secretary Robert F. Kennedy will cut 3,500 jobs from the Food and Drug Administration and 2,400 from Centers for Disease Control and Prevention.CBS News - 4d -
DOGE Accesses Federal Payroll System Over Objections of Career Staff
Elon Musk’s team gains visibility into sensitive information about hundreds of thousands of government workers despite security concerns raised by IT officials.The New York Times - 1d -
Musk’s Doge gains access to federal payroll system despite staff warnings
Officials said accessing system that processes 276,000 employees’ salaries could put unit at risk of cyber-attacks. Members of Elon Musk ’s so-called “department of government efficiency” (Doge) ...The Guardian - 1d -
Federal agency workers supporting museums, libraries put on leave
Nearly all employees at the Institute of Museum and Library Services, which supports U.S. museums and libraries, were put on administrative leave Monday, an administration official said.CBS News - 11h -
Gunman in 2022 Buffalo mass shooting wants federal trial moved to NYC
Payton Gendron, the teenager who killed ten Black people at the Topps supermarket in East Buffalo, is trying to get his trial moved to New York City.ABC News - 7h -
The federal government is phasing out paper checks. Here's who will be affected.
Paper checks were already dying a slow death.NBC News - 5h -
Layoffs start at federal agencies that deal with health, drugs, food, more
Employees of the massive U.S. Department of Health and Human Services began getting dismissal notices in a major overhaul expected to ultimately lay off up to 10,000 people.CBS News - 1h -
Musk-funded group spends big in Wisconsin Supreme Court race
Elon Musk and his political operatives have tried to shape the closely watched Wisconsin Supreme Court race in ways that are not immediately obvious but could be critical to Tuesday’s outcomeABC News - 1d -
SEG releases new details on plans to fund construction of hockey rinks in Utah
Ryan Smith announced on Monday that SEG plans to help entrepreneurs and cities in the construction of new hockey rinks.Yahoo Sports - 1d -
OpenAI secures $300bn valuation after $40bn SoftBank-led funding round
Newest financing comes as ChatGPT maker seeks to become conventional for-profit companyFinancial Times - 1d -
Pension Protection Fund vows to invest more in ‘juicy’ UK assets
Britain’s £32bn lifeboat scheme says it will invest in infrastructure and scale-up companies if allowed to growFinancial Times - 21h -
Barclays’ private credit partner struggles to raise new funds
Tie-up with AGL Credit Management launched last year with $1bn from Adia but has attracted little money sinceFinancial Times - 21h -
Indonesia’s new sovereign wealth fund vows transparency ‘like a public company’
Danantara has been dogged by questions over governance and political interferenceFinancial Times - 20h -
Investors flock to gold funds as fears over Trump tariffs mount
Biggest inflow since onset of pandemic pushes bullion to fresh highs as traders hunt for haven assetsFinancial Times - 4h -
polls close in Wisconsin Supreme Court race with record funding
The election could set the ideological balance of Wisconsin's highest court.ABC News - 13m -
Under Trump, the SEC should open up private markets to retail investors
Regulated funds are the natural bridge to allow individuals greater accessFinancial Times - 21h -
DOGE checks? Elon Musk claims 'progress' has been made, but says it isn't his decision
Waiting for a stimulus check funded by the cuts DOGE says it's making? It could be a while.The Hill - 7h -
Top Officials Placed on Leave After Denying DOGE Access to Federal Payroll Systems
DOGE demanded full access to a US Department of the Interior system that handles even the Supreme Court's paychecks. When top staff asked questions, they were put on leave.Wired - 1d -
Poll: Vote for the Fort Collins-area Blue Federal Credit Union Athlete of the Week (March 31)
Vote for the Blue FCU Athlete of the Week, with nominees from Fossil Ridge and Rocky Mountain baseball, Fort Collins and Rocky track plus PSD lacrosse.Yahoo Sports - 1d -
Federal Judge Allows DOGE to Take Over $500 Million Office Building for Free
It’s the culmination of a weeks-long standoff between Elon Musk’s DOGE team and the United States Institute of Peace.Wired - 4h -
UK cladding fund fix would enable 90,000 affordable homes, councils say
Letter to ministers points out that schemes to reimburse dangerous material removal exclude social housingFinancial Times - 2d -
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.CNBC - 1d -
OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.CNBC - 11h -
How to Make Smart Financial Decisions When Expensive Funding Is Your Only Option
Understanding the implications of expensive capital and developing a strategy to manage it can mean the difference between survival and financial distress.Inc. - 10h -
Cliff Asness's AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades with $3 billion in assets under management, gained 9% in Q1.CNBC - 8h -
How Much Does America Spend?
We explore what federal government spends its money on.The New York Times - 1d -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - 5d -
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
SoftBank can reduce funding to $20 billion if OpenAI fails to fully transition by the deadline.Inc. - 3d -
In Hawaii, where 90% of food is imported, farmers who offset imbalance now face cuts
Since the Trump administration paused funds, local farmers say they're in survival mode.NBC News - 1d -
A16z speedrun opens applications for fifth event, offers $1M investment
A16z Speedrun is taking applications for its fifth event, where startups in the interactive and tech spaces receive advice and funding.VentureBeat - 1d -
Google DeepMind’s drug discovery spin-off Isomorphic Labs raises $600mn
AI unit is boosted by first external funding round led by OpenAI-backer Thrive CapitalFinancial Times - 1d