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Baltimore Mayor Brandon Scott: "No party conversation should be involved" in bridge recovery
Baltimore Mayor Brandon Scott tells "Face the Nation" that as his city seeks federal assistance to rebuild after the Francis Scott Key Bridge collapsed, "no party conversation should be involved."CBS News - 3d -
Open: This is "Face the Nation with Margaret Brennan," March 31, 2024
This week on "Face the Nation," as cleanup is underway after Baltimore's Francis Scott Key Bridge collapsed, Ed O'Keefe speaks to Baltimore Mayor Brandon Scott and Transportation Secretary Pete ...CBS News - 3d -
3/31: Face the Nation
This week on "Face the Nation," as cleanup is underway after Baltimore's Francis Scott Key Bridge collapsed, Ed O'Keefe speaks to Baltimore Mayor Brandon Scott and Transportation Secretary Pete ...CBS News - 3d -
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 -
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 -
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 -
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 -
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 - 3d -
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 - 3d -
Trump Administration Has Begun a War on Science, Researchers Say
Nearly 2,000 scientists urged that Congress restore funding to federal agencies decimated by recent cuts.The New York Times - 3d -
Chef Robotics raises $20.6 million to continue building AI robot arms
Chef Robotics has raised $20.6 million in a Series A funding round led by Avataar Ventures, the company told CNBC.CNBC - 3d -
Trump's tariffs could mean big business for supply chain software startup LightSource
LightSource, a supply chain software startup, has raised $33 million in a funding round led by Bain Capital and Lightspeed.CNBC - 3d -
The rise of the trophy SWF
Everybody wants sovereignty. Everybody wants wealth. Yet a fund is not, sadly, a reliable route to their creationFinancial Times - 1d -
HTC’s Viverse Creator Program opens globally for 3D artists
HTC announced it's opening the Viverse Creator Program to all 3D creators around the globe seeking funding for their projects.VentureBeat - 1d -
Save NPR and PBS — but without the government money
The best strategy for public broadcasting would be to take their own decisive steps to ditch federal funding and move on.The Hill - 13h -
European banks exposed to risk of US dollar shortfall, says EU watchdog
Banking regulator finds 60 out of 267 banks have insufficient US dollar funding to cover exposures in the currencyFinancial Times - 11h -
Trump Administration Set to Pause $510 Million for Brown University
The administration has now targeted five schools’ federal funding as part of a pledge to combat what it considers to be antisemitism on university campuses.The New York Times - 4h