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Trump Administration Sends Harvard a List of Demands to Protect Federal Funds
The list was similar to one sent to Columbia University last month after the government canceled $400 million to the school. Harvard may have $9 billion on the line.The New York Times - 1h -
Trump administration to review $9bn in federal grants to Harvard
Latest escalation against elite universities follows recent withdrawal of funding to ColumbiaFinancial Times - 3d -
Under Trump, the SEC should open up private markets to retail investors
Regulated funds are the natural bridge to allow individuals greater accessFinancial Times - 3d -
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 - 2d -
How can I ensure our business continues after I die?
I’m worried my siblings will have to sell up to fund the inheritance taxFinancial Times - 2d -
Trump Could Hand China a ‘Strategic Victory’ by Silencing Voice of America
Generations of Chinese, including our columnist, turned to U.S. government-run outlets for an education in democracy, rights and the English language.The New York Times - 6d -
British Steel’s auditors warn of ‘material uncertainty’ as it battles to survive
Company had £736mn of debt at end of 2023, much of it from entities controlled by its Chinese parent JingyeFinancial Times - 3d -
Trump Says TikTok Deal Will Be Secured Before Saturday Deadline
The video-sharing app has an April 5 deadline to secure a non-Chinese buyer or otherwise face a national ban.Inc. - 3d -
U.S. reaffirms commitment to Taiwan as Beijing conducts live fire drills in East China Sea
Chinese military extended into second day a joint exercise involving its army, navy and rocket forces near the coast of Taiwan.CNBC - 1d -
DeepSeek AI excitement spills over to Hong Kong's IPO market
Chinese companies are jumping at a window of opportunity to go public in Hong Kong as global investors start to return to the region.CNBC - 1d -
Samsung turns to China to prop up ailing chip business
Deals with Chinese tech giant Baidu come as South Korean giant loses ground in US and navigates Washington’s curbsFinancial Times - 1d -
Vance confident TikTok will be sold in US as deadline looms
Despite the increasing number of potential buyers, neither the app nor its Chinese owner have confirmed they will do a deal.BBC News - 15h -
Trump floats China tariff relief in exchange for TikTok sale approval
US president suggests he is open to horse-trading a day after imposing severe import levies on Chinese goodsFinancial Times - 5h -
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 - 4d -
This bond fund manager dropped out of a Ph.D program to find her passion in finance
Federated Hermes' Kathryn Glass wasn't always set on a career in finance.CNBC - 3d -
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 - 3d -
Harvard says it will work with federal antisemitism task force amid threat of funding loss
Harvard President Alan Garber says his university will work with the federal antisemitism task force after it launched a review of the school. On Monday, the task force announced it will be ...The Hill - 2d -
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 - 2d -
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. - 2d -
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 - 2d -
An AI 'gold rush.' What to know about OpenAI's record $40-billion funding round
The latest $40-billion investment round will bring the ChatGPT's valuation to $300 billion.Los Angeles Times - 1d -
US health secretary and agency sued by 23 states and DC over $11bn funding cut
Lawsuit alleges department’s ending of wide array of grants is ‘unlawful’ and poses ‘serious harm to public health’. Twenty-three states and the District of Columbia are suing the US Department of ...The Guardian - 1d -
Trump administration axes more than $125M in LGBTQ health funding, upending research field
The National Institutes of Health has canceled more than 270 grants focused on LGBTQ health in recent weeks.NBC News - 14h -
Blackstone Considers Small Investment in TikTok
The private equity giant is considering investing as the video app works to follow a law that requires it to separate from its Chinese owner, ByteDance, by next week.The New York Times - 6d -
China's factory activity growth at 1-year high, official survey shows, as stimulus measures kick in
Chinese policymakers pledged to step up stimulus push to achieve a growth target of "around 5%" this year and cushion the impact of an escalating trade war.CNBC - 4d -
Hegseth says U.S. is making Japan a 'war-fighting' base to deter China
Defense Secretary Pete Hegseth called Japan an “indispensable partner” in deterring growing Chinese assertiveness in the region and announced upgrading the U.S. military command in Japan to a new ...NBC News - 3d -
Why China Is Wary of a Trump-Xi Summit
It could take months for agreement on a meeting between President Trump and Xi Jinping, China’s top leader, as Chinese officials seek a scripted encounter.The New York Times - 4d -
China holds military drills around Taiwan, calling its president a 'parasite'
The Chinese military conducted large-scale drills around Taiwan in what it said was a “stern warning” to pro-independence forces on the Beijing-claimed island.NBC News - 2d -
An unexplained death, ‘abuse and slavery’: Indonesian fishers reveal life on long haul vessels
The death of a crew member on a Chinese-owned trawler in the Indian Ocean illustrates the lack of accountability in the seafood industry, say advocates. Ricky* was one of the first to see his ...The Guardian - 2d -
TikTok creators, partners remain optimistic ahead of app’s second ban deadline
As TikTok nears another ban deadline, creators and firms say they believe the Chinese-owned app will remain in the U.S. They are, however, hedging their bets.CNBC - 2d -
SpaceX Puts Humans in Orbit Over Earth’s Poles for the First Time
Chun Wang, a Chinese-born crypto entrepreneur, paid an undisclosed amount for the mission. Some satellites are already in polar orbit, and researchers called it a routine flight.The New York Times - 2d -
China launches large-scale war games all around Taiwan
China's launches drills around Taiwan to "severely punish" the island's pro-independence leader, as the U.S. boosts its war footing in Japan to deter Chinese "aggression."CBS News - 2d -
Hong Kong Surfers Turn ‘Nothing Into Something’
The scene in the Chinese territory is concentrated at a few beaches with inconsistent swell. One intrepid surfer says it’s all about “turning nothing into something.”The New York Times - 1d -
Myanmar Military Declares Temporary Truce After Earthquake
It was unclear whether the cease-fire would be honored. It came a day after soldiers fired at a Chinese Red Cross aid convoy, and amid multiple airstrikes.The New York Times - 1d -
Hong Kong Surfers Turn ‘Nothing Into Something’
The scene in the Chinese territory is concentrated at a few beaches with inconsistent swell. One intrepid surfer says it’s all about “turning nothing into something.”The New York Times - 1d -
Xiaomi delivers record cars in March as winners emerge in China's EV race
Chinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors.CNBC - 23h -
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 - Mar. 27 -
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. - 5d -
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 - 3d