Chips Act Funding
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'Legacy Act denies victims like me closure'
Sean Slane speaks about his father's murder as a law takes effect to end some Troubles-era inquests.BBC News - Top stories -
Samsung's Net Profit Quadruples as Chip Business Rebounds
The South Korean tech giant’s flagship semiconductor business swung to profit on higher memory-chip prices amid the artificial-intelligence boom.The Wall Street Journal - Tech -
Too big to care: It is time for a Glass-Steagall Act for healthcare
Accountability, almost always in short supply in American life, is desperately needed.The Hill - Politics -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
AMD says it will sell $4 billion in AI chips this year; stock drops on in-line forecast
AMD sells AI chips that compete with Nvidia, but it makes most of its money from PC chips.CNBC - Business -
Nvidia is chip sector’s only hope after AMD and Super Micro disappoint
Investors better hope that Nvidia Corp. exceeds Wall Street’s current expectations, after Tuesday’s disappointments by two other favored AI-related companies, Advanced Micro Devices and Super Micro Computer.MarketWatch - Business -
The EU said it opened a probe into whether Meta Platforms shirked some of its responsibilities under the Digital Services Act.
The EU said it opened a probe into whether Meta Platforms shirked some of its responsibilities under the Digital Services Act.The Wall Street Journal - World -
Biden Is Still Losing. His Campaign Should Stop Acting Like He Isn’t.
It’s good to have a reality check every few months.The New York Times - Top stories - Joe Biden -
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Here's What Happened When These Cities Raised Taxes to Fund Child Care
Parents say the free day care 'changed my life,' allowing workers at low-wage jobs to balance household budgets and start saving.Inc. - Business -
‘What will change?’: council funding woes loom over UK local elections
Dwindling funds fuel disenchantment in cash-strapped West Midlands borough of DudleyFinancial Times - World - United Kingdom -
Theatre funds and mega-investors edge out ‘angels’ in thriving West End
Individuals can invest as little as a few thousand into productions, but flops are an eternal riskFinancial Times - Business -
House GOP’s 'discriminatory' funding change draws ire of Democrats, nonprofits
Democratic lawmakers and advocacy groups are coming out against a new announcement by House Republicans targeting funding for nonprofits, panning the latest move as “discriminatory” and an attempt to limit dollars to LGBTQ organizations. House ...The Hill - Politics -
Renegade Partners Nets $128 Million as Smaller Funds Have Their Moment
The average size of a U.S. venture fund in the first quarter of this year was $105 million, a 34% fall from all of last year and its lowest level since 2017.The Wall Street Journal - World -
To put bloom back on UCLA, new coach DeShaun Foster and staff rip up Chip Kelly's blueprint
In the two months since Chip Kelly left the building on his way to Ohio State, the Bruins have charted a different pathCBS Sports - Sports -
Abu Dhabi-backed fund pulls out of deal to take over UK's Telegraph newspaper group
Britain’s Telegraph newspaper group is back up for sale after a United Arab Emirates-backed consortium pulled out of a takeover bidABC News - World -
Hedge funds are ‘dead as a doornail,’ says chairman of ultra-rich investors' club Tiger 21
Hedge funds are "dead" as an investment asset class among members of Tiger 21, a network of ultra-high net worth investors, said founder Michael Sonnenfeldt.CNBC - Business -
Australian PM Albanese vows new funding to help women escape domestic violence after homicides rise
Australian Prime Minister Anthony Albanese has announced new funding to help women escape domestic violence and a crackdown on misogynistic online content in reaction to an uptick in homicides committed by current and former male partners that he ...ABC News - World -
The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.CNBC - Business -
Hedge fund Graham Capital wants New York office as others cut space
Founder Kenneth Tropin seeks to attract ‘talented people’ in the city as firm marks 30th yearFinancial Times - World - New York -
AI Cloud Computing Startup CoreWeave Valued at $19 Billion in New Funding Round
The company has raised $1.1 billion from investors including Fidelity and Magnetar Capital.The Wall Street Journal - Tech -
Trend-following hedge funds are off to a strong start in 2024. Does the strategy deserve a spot in your portfolio?
Trend-following funds continued a run of strong performance in April, even as a selloff in stocks disrupted one of their biggest moneymaking trades.MarketWatch - Business -
Browns reportedly asking taxpayers to fund half of $2.4B new stadium or $1B in upgrades to current stadium
The Browns want Cleveland taxpayers to kick in some cash for a new stadium. Just a few billion dollars or so.Yahoo Sports - Sports -
House Democratic leaders said they would block any effort to oust Speaker Johnson, moving to protect the Republican from retaliation by his hard-right flank after the passage of a foreign-aid package that included funding for Ukraine.
House Democratic leaders said they would block any effort to oust Speaker Johnson, moving to protect the Republican from retaliation by his hard-right flank after the passage of a foreign-aid package that included funding for Ukraine.The Wall Street Journal - World