Latest in Ceo Saudi Funded
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OpenAI CEO Sam Altman denies sister's sexual abuse allegations in lawsuit
OpenAI CEO Sam Altman’s sister, Ann Altman, filed a lawsuit on Monday, alleging that her brother sexually abused her regularly between the years of 1997 and 2006.NBC News - Jan. 8 -
Trump meets with CEO of Walmart at Mar-a-Lago
The president-elect is meeting with the CEOs of major corporations, including Doug McMillon of Walmart, in the days before he takes office on Jan. 20.ABC 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 -
Panama Canal CEO Says Meeting Trump's Demands 'Will Lead to Chaos'
The canal executive said China doesn’t control route and U.S. ships can’t get better rates than others.The Wall Street Journal - 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 -
Panera Brands CEO steps down; CFO to fill in as interim chief
Panera Bread’s parent company announced Tuesday that CEO Jose Dueñas is stepping down, effective immediately.NBC News - Jan. 7 -
Adam Scott has a full plate as part of Saudi negotiations over LIV Golf and inside the ropes
Adam Scott made it back to Kapalua and returned to the top 20 in the world ranking, and it's a wonder how he managed with so much on his plate. This coincided with his first full year on the PGA ...Yahoo Sports - Jan. 7 -
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 -
Nvidia CEO Pitches Robotics, Cars as Growth Areas to Consumer-Electronics Audience
Jensen Huang’s address at CES followed a trading session that sent Nvidia’s value to $3.66 trillion.The Wall Street Journal - Jan. 7 -
Panera Brands CEO steps down, CFO to fill in as interim chief
The restaurant company, which also includes Einstein Bros. and Caribou Coffee, has been attempting to go public over the last few years.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 -
Ulta Beauty names new CEO, raises outlook for holiday quarter
The beauty retailer Ulta said the leadership changes take effect immediately.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 -
Ulta Names Steelman CEO, Kimbell to Retire
Ulta Beauty has named Kecia Steelman as its chief executive, succeeding David Kimbell, as the company aims to reaccelerate its growth amid a global slowdown in the beauty market.The Wall Street Journal - 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 -
Modern CEO Readers Weigh In With Their Top Leaders
Executives at Happy, MIT Solve, TIAA, and Modern Health are write-in favorites.Inc. - 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 -
World Cup award adds pressure to Saudi Arabia’s construction challenge
Sporting plans bulk out kingdom’s project pipeline as it seeks to reduce dependence on oil revenuesFinancial Times - Jan. 6 -
Georgia governor and Carter Center CEO lay wreaths for Jimmy Carter
The Carter Center CEO Paige Alexander and Georgia Gov. Brian Kemp laid wreaths of 39 white roses in front of former President Jimmy Carter's casket. He served as the 39th president from 1977 to 1981.CBS News - Jan. 4 -
Habitat for Humanity CEO says Jimmy Carter's impact "cannot be overstated"
Habitat for Humanity CEO Jonathan Reckford tells CBS News about former President Jimmy Carter's work with the nonprofit organization. Carter's six-day state funeral began on Saturday.CBS News - Jan. 4 -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - Jan. 4 -
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Ronaldo on 2yrs in Saudi: Happy, but I want more
Cristiano Ronaldo has declared on his two-year anniversary with Saudi Pro League side Al Nassr that he's hungry for more titles.ESPN - 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 -
US Steel CEO rips Biden's 'shameful' move blocking sale
U.S. Steel’s president and CEO declared President Biden’s decision to block the company from being acquired by the Japanese corporation Nippon Steel “shameful” and “corrupt” in a Friday afternoon ...The Hill - 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 -
Saudi Arabia and U.A.E. Tread Cautiously With Syria’s New Leaders
The two Mideast powerhouses have been trying to block the rise of Islamist groups in the region for two decades. The rebel takeover in Damascus will test that approach.The New York Times - Jan. 3 -
These tips for investing in mutual funds and ETFs can make 2025 a happy new year
Don’t miss these top money and investing features.MarketWatch - 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 -
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Syrian delegation visits Saudi Arabia in first foreign trip since Assad ousting
Foreign and defence ministers arrive in Riyadh as Gulf states move to embrace new rulersFinancial Times - Jan. 2 -
Saudi Arabia says it executes 6 Iranians for drug smuggling
Saudi Arabia says it has executed six Iranian men over drug smuggling, sparking strong objections from Iran at a time when the two countries are trying to mend relationsABC News - 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
