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Morning Report — Congress starts the funding sprint
In today’s issue: Congress is back in town. Lawmakers begin their lame-duck session today and are facing a Dec. 20 funding deadline ahead of the holidays and the swearing in of the 119th Congress ...Politics - The Hill - 2 days ago -
Pharmacies vote to cut opening hours in funding protest
Pharmacists in England, Wales and Northern Ireland to reduce opening hours and stop home deliveries.Top stories - BBC News - 17 hours ago -
EU governments struggle to fund green transition
Investors in Czech solar parks threaten to sue Prague over planned cuts to subsidies for photovoltaic installationsWorld - Financial Times - 20 hours ago -
Britain’s bold plan to create super funds
The case for consolidating the UK’s sprawling pension arsenal is strongBusiness - Financial Times - 7 hours ago -
Who has to pay inheritance tax?
Inheritance tax is again creating political debate so how does it work and who pays?Top stories - BBC News - October 18 -
Musk’s gamble on Trump pays off
Billionaire chief of Tesla and X looks set to take up influential adviser role in White HouseWorld - Financial Times - November 6 -
Citi revamps pay for wealth bankers
More bonuses will go to those who move client assets into investments, and less to those who sell new loansBusiness - Financial Times - November 7 -
Will rich countries pay for climate change?
At COP29 the world’s nations will try and negotiate a new spending commitment on climate change.Top stories - BBC News - 4 days ago -
Node.vc raises $77.3M for new fund backed by 70 Nordic entrepreneurs
Node.vc has raised $77.3 million, or €71 million, for a new fund that is backed by 70 Nordic entrepreneurs.Tech - VentureBeat - October 16 -
Klarna sells loans to hedge fund Elliott to free up £30bn for growth
Firm founded by US financier Paul Singer will take on risks and returns of the ‘buy now, pay later’ portfolioBusiness - Financial Times - October 16 -
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U.S. warns Israel to boost Gaza aid or risk losing weapons funding
The Biden administration has warned Israel that it could lose access to U.S. weapons funding if it doesn't increase the amount of humanitarian aid entering Gaza in the next 30 days. CBS News ...Top stories - CBS News - October 16 -
Revealed: International ‘race science’ network secretly funded by US tech boss
Group promoting ‘dangerous’ scientific racism ideology teamed up with rightwing extremist, recordings reveal. ‘Race science’ group say they accessed sensitive UK health data . An international ...World - The Guardian - October 16 -
Italy approves tight budget partly funded by a levy on banks and insurers
Italy’s far-right government has approved a budget for next year of about 30 billion euros, or $33 billion, which officials say will be partly funded by a levy on Italian banks and insurersWorld - ABC News - October 16 -
Magic Leap founder is back with $20M funding round for SynthBee
SynthBee, started by Magic Leap founder Rony Abovitz, has raised $20 million in funding to create a new kind of "computing intelligence."Tech - VentureBeat - October 16 -
Federal Government Approves $1.8 Billion in Hurricane Recovery Funds
After two major storms, the Biden administration has set nearly $2 billion in hurricane recovery funds.Business - Inc. - October 16 -
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UK investors seize advantage and feast on bargain passive funds
Analysts suggest kickbacks might explain how, in contrast, 89% of flows to Luxembourg funds went to active vehiclesBusiness - Financial Times - October 17 -
Meet the London fund turning Norway’s hydro sector into an investment
The world needs more hydropower to hit its net-zero goals. Here’s how Augusta & Co. is helping to get there.Business - MarketWatch - October 17 -
Daffy Charitable Fund launches novel private stock donations for workplaces
Daffy.org, a modern platform for charitable giving, has launched its groundbreaking Private Stock Donation Program to benefit charities.Tech - VentureBeat - October 17 -
New calls for Congress to return from recess for hurricane relief funding
There is a new wave of calls for Congress to come back from recess and approve a new round of hurricane relief funding with the Small Business Administration out of money for new disaster relief ...Top stories - CBS News - October 17 -
These tips for investing in mutual funds and ETFs give your portfolio a lift
Winning managers share stock-market secrets and Big Tech powers the utilities sector.Business - MarketWatch - October 17 -
Pension funds warn being forced to invest in UK would be ‘huge mistake’
Industry fears having to buy lower-quality assets at unattractive prices after minister says ‘considering all options’World - Financial Times - October 18 -
Senate Republicans raise questions after funds for disaster loans exhausted
A group of GOP senators are pressing the Small Business Administration (SBA) for answers after officials said its disaster loan program exhausted its funds earlier this week in the aftermath of a ...Politics - The Hill - October 18 -
These ultra-rich college endowment funds have a lot to learn about investing
Endowment managers’ attraction to hedge funds, real estate and other alternative investments ends poorly.Business - MarketWatch - October 19 -
These two crypto funds will likely do better if Trump wins. Here’s why.
Grayscale Investments’ Digital Large Cap Fund and Bitwise Asset Management’s Bitwise 10 Crypto Index Fund could provide attractive opportunities to bet on Donald Trump’s victory in next month’s ...Business - MarketWatch - October 18 -
Biden administration announces $2 billion in funds to strengthen electric grid
The Biden administration on Friday announced $2 billion in funding for projects to strengthen the resilience of the U.S. grid against extreme weather, an increasing concern following two ...Politics - The Hill - October 18
