Courtside Ventures Raises $100m Fund
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Yoneda Labs raises $4M from Khosla Ventures to build the ‘OpenAI for chemistry’
Yoneda Labs raised $4 million from Khosla Ventures to build a foundation model for chemists to help streamline the drugmaking process.VentureBeat - Tech -
Dropzone AI gets $16.85M for autonomous cybersecurity AI agents that reduce manual work by 90 percent
Dropzone AI announced a $16.85 million Series A round led by Theory Ventures to help bring its cybersecurity AI agents to market.VentureBeat - Tech - Artificial Intelligence -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Lions to ink St. Brown, Sewell to $100M+ deals
The Lions and wide receiver Amon-Ra St. Brown have agreed to a four-year, $120 million extension that includes $77 million guaranteed, sources told ESPN.ESPN - Sports -
Report: Tiger gets $100M, Rory $50M for loyalty
Tiger Woods will receive up to $100 million in equity as part of the newly created for-profit PGA Tour Enterprises, with Rory McIlroy getting about half that amount, according to a report.ESPN - Sports - Golf -
BlackRock-Temasek Venture Amasses $1.4 Billion for Clean-Energy Wagers
The firms’ Decarbonization Partners raised its first fund to support emissions-reducing technologies.The Wall Street Journal - World -
Tiger Woods gets $100m equity payment for staying loyal to PGA Tour
Tiger Woods has received an email from Sawgrass HQ informing him that he will receive up to $100 million in equity for staying loyal to the PGA Tour, with Rory McIlroy benefitting possibly to the tune of $50m for not joining LIV.Yahoo Sports - Sports - Golf -
Eddie Howe reveals £100m Bruno Guimarães release clause ends in June
Newcastle manager wants to build team around midfielderPSG and both Manchester clubs admire Brazil internationalEddie Howe has revealed that Bruno Guimarães’s £100m release clause expires in the final days of June and hopes that will save ...The Guardian - World -
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Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - World -
Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial Times - Business -
Clean-Tech Fund Bets on Growing Demand for Batteries
Volta Energy Technologies raises $131 million in latest funding round, seeking to invest in ways to make energy storage cheaper as well as greener for consumers.The Wall Street Journal - World -
Watch reaction when minister asks if Congo is a different country to Rwanda
The Question Time audience were surprised when Chris Philp answered an audience member's question about DR Congo.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Business -
Banned football fan raises £15,000 to sue
Linzi Smith's lawyer says the club's actions are a "huge overreach" in to her personal life.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Top stories -
Centene’s earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.MarketWatch - Business -
Trump's potential plan for Fed raises alarms
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of ...The Hill - Politics - Donald Trump -
The Guardian view on globalisation’s discontent: it’s not right for poor countries to fund the rich | Editorial
Wealthy nations exploit their position as the world’s bankers to siphon off hundreds of billions from the needy. Developing nations have long complained that globalisation has enthroned western currencies in such a way as to subsidise living ...The Guardian - World -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Chicago Bears to seek public funding in $5bn plan for new lakefront stadium
Bears unveil $5bn proposal for new domed lakefront stadiumPlan calls for $900m from Illinois Sports Facilities AuthorityThe Chicago Bears unveiled a nearly $5bn proposal Wednesday for an enclosed stadium next door to their current home at Soldier ...The Guardian - World -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Top stories -
Democrats fret it could be curtains for local theaters without federal funds
Professional nonprofit theaters haven’t recovered from the Covid pandemic, with dozens of stages set to shutter. Democrats are introducing legislation that could keep the curtains from closing.NBC News - Politics -
House GOP targets nonprofit funding in changes to earmarks process
House Republicans on Thursday announced changes to the annual process in which members apply for funding for community projects back home, after conservatives strongly opposed Democrat-backed earmarks over issues related to abortion and LGBTQ ...The Hill - Politics -
BlackRock-Backed $1.4 Billion Fund Proves There's Cash to Make in Climate Tech
BlackRock's Decarbonization Partners raised its first fund amid growing investor interest in climate tech.Inc. - Business - Climate -
These tips for investing in mutual funds and ETFs can get your portfolio in the swim
Fund managers’ stock tips, market skeptics and how to win with a strong defense.MarketWatch - Business -
NY lawmakers propose conditioning federal funding on monitoring of antisemitism
Two New York lawmakers are proposing legislation that could condition federal funding for universities to stricter monitoring of on-campus antisemitism. Reps. Ritchie Torres (D-N.Y.) and Mike Lawler (R-N.Y.) plan to introduce the College Oversight ...The Hill - Politics -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
A high-profile murder trial in Kazakhstan raises awareness of domestic violence
Kazakhstan has been riveted by the live-streamed trial of a businessman accused of murdering his wife, raising awareness about domestic violence.NBC News - Top stories -
New crash test results raise concern for some small SUVs
The Insurance Institute for Highway Safety has updated its testing of vehicles’ ability to avoid crashes. The results show there is some concern for smaller SUVs, as most models did not do well.CBS News - Top stories -
CARV raises $10M to build out modular data layer for gaming and AI
CARV announced that it's raised $10 million in funding to expand its modular data layer for gaming and AI.VentureBeat - Tech -
Movement Labs raises $38M to bring Facebook’s Move Virtual Machine to Ethereum
Movement Labs has raised $38 million in funding to bring Facebook’s Move Virtual Machine to Ethereum in order to improve security.VentureBeat - Tech -
NextEra Arm, Squeezed by Niche Financing, Considers Private Capital Raise
NextEra Energy Partners is mulling its options for how to pay bills coming due under an obscure type of financing that has weighed on the company since its stock price tumbled last year.The Wall Street Journal - World -
Consider This Advice Before You Raise or Lower Your Business's Prices
Mimicking your competitors' prices may not be the best strategy for building your bottom line.Inc. - Business -
Colgate-Palmolive’s first-quarter earnings beat estimates and company raises guidance
Colgate-Palmolive Co.’s stock rose 2.9% early Friday, after the consumer goods giant beat first-quarter earnings estimates and raised its guidance.MarketWatch - Business