Latest in Defends Funding
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Opus Major raises $10M to bring people together through music and games
Opus Major has raised $10 million in funding to build a global game studio dedicated to crafting games and entertainment.VentureBeat - Mar. 12 -
Immigrant detention centers are at capacity, Trump admin officials say
The Department of Homeland Security is working with several agencies to increase bed space as they ask Congress for more funding.NBC News - Mar. 12 -
Germany’s stagnant economy dents investment in consumer start-ups
Funding increased to €7bn last year but it is a far cry from the 2021 peak of more than €17bnFinancial Times - Mar. 13 -
Drugmaker merger turns the page on a dark chapter of US history
Real-world pain lies behind a big win for several Wall Street vulture fundsFinancial Times - Mar. 13 -
Government shutdown: Which parks, museums and monuments could be closed?
The possibility of a government shutdown means many federally funded national parks, monuments and attractions might be closed until the government reopens.ABC News - Mar. 13 -
FirstFT: Tesla warns Trump administration it is ‘exposed’ in trade war
Also in today’s newsletter, top Senate Democrat backs Republican funding bill, and China criticises Panama ports dealFinancial Times - Mar. 14 -
DOD schools allowed to resume athletic events this weekend after pause
Sporting events had been postponed in response to President Trump's executive order restricting government-funded travel.Yahoo Sports - Mar. 14 -
Schumer announces he will vote to keep government open, likely avoiding shutdown
Senate Democrats remained tight-lipped on Thursday after meeting on the fast-approaching government funding deadline.ABC News - Mar. 14 -
Crispin Odey makes courtroom visit to Staley case over Epstein ties
Appearance by hedge fund founder comes as ex-Barclays boss tries to overturn FCA ban and fineFinancial Times - Mar. 14 -
With Democrats' help, Senate votes to avert a government shutdown
The Senate passed a House-approved government funding bill that averts a government shutdown that was set to be triggered at the end of the day Friday.ABC News - Mar. 14 -
Goldman Sachs offers its newest option for downside protection in volatile markets
Goldman Sachs Asset Management launched its newest buffer exchange-traded fund this month.CNBC - Mar. 15 -
It may be a good time for investors to look at less risky ways to stay in the stock market
Buffer and covered call funds may offer more predictable outcomes for investors amid choppy trading.CNBC - Mar. 16 -
Media advocates warn Trump’s cuts to Voice of America embolden autocrats
Order to slash funding to pro-democracy broadcasters part of efforts to radically reduce government servicesFinancial Times - Mar. 16 -
Columbia under pressure to resist Trump administration demands
Scholars say government threat to further cut federal funding at Ivy League university contains ‘glaring legal problems’Financial Times - Mar. 16 -
‘Full of despair’: Senate Dems look to regroup after losing shutdown fight
Democrats are openly questioning whether they lost their last point of leverage by ceding to Republicans in the latest skirmish over funding the government.Politico - Mar. 17 -
‘Full of despair’: Senate Dems look to regroup after losing shutdown fight
Democrats are openly questioning whether they lost their last point of leverage by ceding to Republicans in the latest skirmish over funding the government.Politico - Mar. 17 -
2025 Players Championship purse, prize money: Payout for Rory McIlroy, winner's share out of $25 million pool
The biggest prize fund of the PGA Tour's season was up for grabs during its signature event at TPC SawgrassCBS Sports - Mar. 17 -
Thames Water's £3bn rescue deal cleared by court
The funding allows the company to continue operating and attempt to restructure its massive debt pile.BBC News - Mar. 17 -
Short sellers make $16bn profit from Tesla’s share price plunge
Payday follows years of pain for hedge funds that bet against Elon Musk’s electric-car makerFinancial Times - 6d -
Dismantling VOA could lead to dominance of anti-U.S. propaganda, director says
The government-funded news agency stopped broadcasting after its employees were put on leave or terminated.CBS News - 6d -
Investors slash US equity holdings by most ever, BofA survey shows
Threat to global growth from Trump’s trade tariffs sparks ‘bull crash’ in fund manager sentimentFinancial Times - 6d -
Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
The 32 survey respondents, who include fund managers, strategists and analysts, raised the probability of recession to 36% from 23% in January.CNBC - 6d -
Former Russian politician goes on trial in UK for breaching sanctions
The ex-governor of Sevastopol used funds for school fees and to access a Mercedes-Benz, court hearsFinancial Times - 6d -
Tennis stars accuse governing bodies of ‘cartel’ to deny them more prize money
Players’ group behind lawsuit is affiliated with sports company backed by hedge fund tycoon Bill AckmanFinancial Times - 6d -
Poland and UK discuss defence spending as Europe moves to re-arm
Finance minister Andrzej Domański calls for smarter funding as continent moves to bolster its military powerFinancial Times - 4d -
Democrats face demands to step up their opposition to Trump at fiery town halls
The base’s frustration with the party has mounted following the government funding fight, as Democratic lawmakers seek distance from Chuck Schumer.NBC News - 4d -
Dollar slump magnifies stock market pain for foreign investors
Simultaneous sell-off in US equities and currency ends ‘virtuous cycle’ for fund managers in EuropeFinancial Times - 3d -
Rebecca Minkoff on Why You Don’t Need Venture Capital
Rebecca Minkoff and Ali Wyatt spoke about funding at SXSW, and why venture isn’t for everyone.Inc. - 3d -
South-east Asian markets roiled as investors turn to China
Indonesian stocks hit four-year low and Thailand sees outflows as funds rethink growth story for region’s biggest economiesFinancial Times - 2d -
Passive investing wins again
Evidence in favour of index funds grows more compelling despite concerns over AI stock boomFinancial Times - 2d -
Sanders, Ocasio-Cortez rallies setting stage for protest movement: Activist
Federal funding freezes imposed early in Trump’s second term alarmed voters, a progressive activist says.The Hill - 2d -
University in US agrees to Trump administration's demand for mask ban
The Trump administration has warned 60 universities funding may be cut if they do not address allegations of antisemitism on campuses.BBC News - 2d -
Columbia University’s Concessions to Trump Seen as a Watershed
Threatened with losing $400 million in federal funding, the university agreed to overhaul its protest policies and security practices.The New York Times - 1d -
TV industry in crisis, says Wolf Hall director
Funding problems meant Wolf Hall: The Mirror and The Light was almost axed weeks before filming began.BBC News - 1d -
HANetf unveils Europe-focused defence ETF
The fund will exclude US defence companies and concentrate on ‘companies benefiting from Europe’s security realignment’Financial Times - 17h -
Shopping centre scans and time-saving tech - can ideas like these help save the NHS?
Government says more NHS funds in England will go to social care as we look at how it can deliver change.BBC News - 16h -
China explores services subsidy to boost weak domestic demand
Support for travel, tourism and sports comes as Beijing doubles funding for goods trade-in scheme to $41bnFinancial Times - 1h -
France has a nuclear umbrella. Could its European allies fit under it?
President Macron has aired the idea that France's deterrence force could be used to defend of other European countries.BBC News - Mar. 6 -
German Court Convicts Five Over Plot to Kidnap Health Official and Spread Chaos
The defendants, part of a group known as “United Patriots,” aimed to reinstate a 19th-century Constitution by giving power to an all-powerful Kaiser.The New York Times - Mar. 7 -
Celtics prepare for a championship repeat as true challengers rise
The defending champions have a more difficult road in front of them in their repeat bid, and they are well aware of it.Yahoo Sports - Mar. 7