Latest in Fund Crisis
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Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim's new book on the tech giant
Starboard Value's Jeff Smith knows his firm sold its Nvidia stake way too soon, Tae Kim writes in "The Nvidia Way: Jensen Huang and the Making of a Tech Giant."CNBC - 6d -
World’s biggest hedge fund flags the ‘holy grail’ that may shield investors if U.S. stock rally crumbles
Karen Karniol-Tambour, co-chief investment officer at Bridgewater Associates, says valuations are much higher for U.S. stocks than they were when the bull run began.MarketWatch - Dec. 5 -
French PM to resign after government falls while Macron seeks solution to crisis
Michel Barnier to present resignation to president after being ousted in record time by vote of no confidence. The French prime minister, Michel Barnier, is expected to resign on Thursday, a day ...The Guardian - Dec. 5 -
Jamie Foxx pushes on Capitol Hill for more Down syndrome research funding in honor of sister
Oscar-winning actor Jamie Foxx joined lawmakers on Capitol Hill Wednesday to push for more funding for the National Institute of Health’s (NIH) research program on Down syndrome. The DeOndra ...The Hill - Dec. 4 -
Georgia Tumbles Deeper Into Crisis as Government Detains Opposition Figures
In a sign of a widening crackdown, security agents have searched the offices and homes of prominent activists and opposition leaders who are furious about the government’s position on Europe.The New York Times - Dec. 4 -
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France in political crisis after no-confidence vote topples government
Minority coalition of PM Michel Barnier falls after three months, the shortest of any administration of France’s Fifth Republic. France has been plunged into political crisis after a ...The Guardian - Dec. 4 -
Congressional Democrats call on Biden to disburse remaining IRA climate funds before leaving office
Sen. Ed Markey (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) called on President Biden in a letter Wednesday to ensure climate-related Inflation Reduction Act (IRA) and Bipartisan ...The Hill - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
9 states poised to end coverage for millions if Trump cuts Medicaid funding
About 3.7 million people are at immediate risk of losing health coverage should the federal government cut funding for Medicaid expansions, as some allies of President-elect Donald Trump have ...CBS News - Dec. 4 -
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds
Single stock ETFs are seeing high trading volumes, and some are showing signs of stress.CNBC - Dec. 4 -
New UN aid chief vows 'ruthlessness' to prioritize spending as funding for world's crises shrinks
The new head of the U.N. humanitarian aid agency is calling for “ruthlessness” when prioritizing how it spends moneyABC News - Dec. 4 -
Norway Oil Fund Divests of Israel's Bezeq Over Services to West Bank Settlements
Norway’s $1.8 trillion sovereign wealth fund said it decided to exclude Israeli telecommunications company Bezeq from the fund over concerns the company could be contributing to human-rights ...The Wall Street Journal - Dec. 4 -
South Korea crisis live: motion to impeach President Yoon submitted, say opposition parties
Opposition Democratic party lawmakers have called on Yoon Suk Yeol to resign immediately or they would seek his impeachment. Full report: Yoon Suk Yeol faces calls to resign after martial law ...The Guardian - Dec. 4 -
‘Revenge cycle’: South Korean crisis highlights deep political divide
Dramatic attempt to impose martial law exposes vulnerabilities in highly polarised democracyFinancial Times - Dec. 4 -
Orange Co. SOE defends controversial taxpayer-funded scholarship by linking it to voter access
Orange Co. SOE defends controversial taxpayer-funded scholarship by linking it to voter accessYahoo Sports - Dec. 3 -
Peter Thiel's Founders Fund loses one of first partners to emeritus role
Brian Singerman said on Tuesday that he's stepping down as a general partner of Founders Fund after 13 years.CNBC - Dec. 3 -
Who is Yoon Suk Yeol, the man behind South Korea’s political crisis?
President’s leadership has been marred by dysfunction, culminating in ill-fated decision to impose martial lawFinancial Times - Dec. 3 -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - Dec. 3 -
South Korea's president rescinds his martial law declaration. Its government is still in crisis.
The first declaration of martial law since South Korea's democratization in 1987 will be lifted, the country's president said after facing pushback.Yahoo Sports - Dec. 3 -
U.S. investors watch French budget mess amid memories of eurozone debt crisis
Bond-market participants in the U.S. and abroad were zeroing in Tuesday on the possibility that French Prime Minister Michel Barnier’s government could fall and assessing whether this could turn ...MarketWatch - Dec. 3 -
Woods says US Ryder Cup team should be paid if funds are donated to charity
Deal close to pay each US player $400k for 2025 event ‘What’s wrong with divvying it out to amazing charities?’ Tiger Woods believes American players should all be paid millions to play in the ...The Guardian - Dec. 3 -
Israel will not differentiate between Lebanon and Hezbollah if ceasefire collapses, defence minister Katz says – Middle East crisis live
Israel Katz says Israel will no longer offer Lebanon an exemption and will enforce ‘maximum impact and zero tolerance’. Israeli media reports that the cabinet is set to meet in the coastal city of ...The Guardian - Dec. 3 -
Funding issues and ‘over-optimism’ behind UK failures on jobs data
Statistics agency review reveals flaws that left policymakers without a reliable unemployment figure for a yearFinancial Times - Dec. 3 -
Why Europe's Vaunted Car Industry Is in Crisis
Europe’s carmakers used to rule the world but now they are fighting battles at home and abroad.The Wall Street Journal - Dec. 3 -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -
California special session to 'safeguard' state from Trump kicks off with proposed $25 million legal fund
Gov. Gavin Newsom's special legislative session to safeguard California from potential "federal overreach" from the incoming Trump administration begins Monday.CNBC - Dec. 3 -
Georgian police fire teargas at pro-EU protesters as political crisis deepens
Tbilisi experiences fifth day of demonstrations amid anger over ruling party’s decision to shelve EU accession talks. Georgian police have fired teargas to try to disperse thousands of pro-EU ...The Guardian - Dec. 2 -
Israel carries out airstrikes in Lebanon after Hezbollah rocket fire – Middle East crisis live
Israeli military spokesperson says army attacking targets in Lebanon with ‘further details later’. Fighting has had a heavy toll in Lebanon in the last 13 months, with almost 4,000 people killed by ...The Guardian - Dec. 2 -
Maternal Mortality Is a Crisis. This Founder Is Training a New Generation of Doulas to End It
Latham Thomas’s Mama Glow is fighting for birth equity and, in the process, supporting thousands of new entrepreneurs.Inc. - Dec. 2 -
Syria crisis due to Assad’s refusal to engage with opposition, says Turkish minister
Iran’s foreign minister blamed Israel’s intervention instead, but emergency talks in Ankara said to be ‘constructive’. Middle East crisis – live updates The crisis in Syria is the result of ...The Guardian - Dec. 2