Latest in Cocaine Funded Gangs
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What Is the U.K. ‘Grooming Gang’ Scandal Seized On by Elon Musk?
The billionaire tech mogul has been posting on his social media platform about a decade-old child sex abuse scandal in Britain. Here’s what to know.The New York Times - Jan. 8 -
MPs reject calls by Tories for national inquiry into UK grooming gangs
Government uses its Commons majority to dismiss Conservatives’ demand backed by Elon MuskFinancial Times - Jan. 8 -
MPs vote against Tory call for new grooming gangs inquiry
MPs rejected a Tory amendment calling for a grooming gang's inquiry by 253 votes.BBC 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 -
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 -
Grooming gangs scandal: what has the UK government done so far?
The 2022 Jay Review made 20 recommendations to crack down on sexual abuse yet almost none have been carried outFinancial Times - Jan. 7 -
Death toll of Haiti gang violence rose to 5,600 in 2024, UN says
UN Human Rights Office adds that 2,200 were injured and nearly 1,500 kidnapped as international mission struggles. More than 5,600 people were reported killed in Haiti last year, the UN has said, ...The Guardian - 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 -
The UN says more than 5,600 people were killed in Haiti last year as gangs rampage
Officials say more than 5,600 people were reported killed in Haiti last year as a U.N.-backed mission led by Kenya struggles to contain rampant gang violenceABC News - Jan. 7 -
New grooming gangs inquiry would delay action on child abuse, inquiry chair tells BBC
Victims want change now, Prof Alexis Jay says, and people need to "step up to the mark" and implement her recommendations.BBC News - Jan. 7 -
Elon Musk’s Dishonest Demagogy on Grooming Gangs
The billionaire is exploiting old atrocities to undermine his enemies.The New York Times - 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 -
What is Starmer's record on prosecuting grooming gangs?
The prime minister has come under attack from Elon Musk over his record as director of public prosecutions.BBC News - Jan. 6 -
In Haiti, Gang Massacres and Journalist Murders Expose the Country’s Fragility
In Haiti, gangs have killed hundreds of people and shot journalists at a news conference, exposing the country’s fragility and the government’s failures.The New York Times - Jan. 6 -
Starmer attacks those 'spreading lies' on grooming gangs as he hits back at Musk
The prime minister said a debate on social media involving the tech billionaire had "crossed a line", resulting in threats against MPs.BBC News - Jan. 6 -
Keir Starmer attacks those ‘spreading lies’ over child sex grooming gangs after comments from Elon Musk – UK politics live
Prime minister’s speech announcing NHS reforms derailed by questions over inflammatory claims from Elon Musk. Starmer is now summarising some of the measures in the elective reform plan.. Here is ...The Guardian - 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 -
Why has Elon Musk reignited debate over the UK rape gangs scandal?
Latest intervention by close ally of Donald Trump puts Keir Starmer’s role under the spotlightFinancial 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 -
Attack on Phillips over grooming gangs a 'disgraceful smear', says Streeting
Wes Streeting says his cabinet colleague has "done more than most people ever do" to fight grooming gangs.BBC News - Jan. 5 -
Farage defends Musk after grooming gangs posts
The tech billionaire has used his X platform to heavily criticise the UK government and individual ministers.BBC News - Jan. 5 -
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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 -
Musk misinformed on grooming gangs, says minister
The Conservatives have also criticised the billionaire for "sharing things that are factually inaccurate".BBC News - Jan. 3 -
Elon Musk Is Posting Nonstop Falsehoods About 'Grooming Gangs'
Musk’s posts, which have racked up hundreds of millions of views on X, are his latest effort at inserting himself into UK politics.Wired - Jan. 3 -
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The gang goes to 'Abbott': How Quinta Brunson and Rob McElhenney made a crossover episode
The respective stars and creators of "Abbott Elementary" and "It's Always Sunny in Philadelphia" discussed how their shows came together for a crossover episode premiering Jan. 8 on ABC.Los Angeles Times - 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 -
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 -
Badenoch calls for national inquiry into 'rape gangs'
Alexis Jay, who led a major inquiry into historical child sex abuse, says changes are needed, not more research.BBC News - 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 -
Tories seek UK probe into rape gangs as Musk spat with Starmer escalates
Tech billionaire claims PM failed to tackle grooming scandal when he was head of prosecution serviceFinancial Times - Jan. 2 -
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