Latest in Fund Settlement
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Google and Microsoft donate $1m each to Trump’s inaugural fund
Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...The Guardian - Jan. 9 -
Johns Hopkins University reaches settlement to resolve complaints of antisemitism, Islamophobia
Johns Hopkins University reached a settlement Tuesday with the Department of Education over complaints of antisemitism and Islamophobia on its campus. The school has agreed to take actions to ...The Hill - Jan. 9 -
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What happens if you deny a credit card debt settlement offer?
There are times when it makes sense to deny a debt settlement offer, but there could be repercussions for doing so.CBS News - Jan. 9 -
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Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - Jan. 8 -
U.S. Funding Dispute With World Anti-Doping Agency Boils Over
After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.The New York Times - Jan. 8 -
Taxpayer Advocate urges Congress to preserve IRS funding for service, technology
The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.CNBC - Jan. 8 -
Active mutual funds struggle to beat large-cap stock benchmarks — again
Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.MarketWatch - Jan. 8 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Verizon settlement: Here's how much some customers are getting
Verizon customers reported receiving settlement payments well below the minimum of $15, as stipulated in agreement.CBS News - Jan. 7 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Pentagon reaches historic settlement with LGBTQ veterans over discharge status
The Defense Department agreed to a class-action settlement that may affect more than 35,000 LGBTQ veterans who were discharged because of their sexual orientation under “don’t ask, don’t tell” and ...NBC News - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Payments go out in $100M Verizon settlement, but people are disappointed
Payments have finally started going out in the $100 million class action lawsuit Verizon agreed to settle, but the deposits are falling short of people's expectations.The Hill - Jan. 7 -
Pentagon reaches historic settlement with LGBTQ+ veterans
The Pentagon has reached a historic legal settlement with more than 35,000 LGBTQ+ veterans that would create "new and simpler processes to obtain updated discharge records and potential upgrades to ...CBS News - Jan. 7 -
Hims & Hers donates $1 million to Trump's inauguration fund
OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.CNBC - Jan. 7 -
Pentagon Reaches Settlement With Veterans Dismissed Over Sexuality
The agreement, if approved by a judge, would let former service members upgrade their discharge status and receive benefits they had been denied.The New York Times - Jan. 7 -
Trump backtracks from 'one big, beautiful bill' to fund his agenda
After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.ABC News - Jan. 6 -
Pentagon agrees to historic legal settlement with LGBTQ+ veterans
If approved by a federal judge, the agreement means the military would help thousands of veterans seek honorable discharges.CBS News - Jan. 6 -
LGBTQ veterans reach historic settlement with Pentagon over military discharges
A group of LGBTQ veterans who sued the Department of Defense last year for denying them honorable discharges because of their sexuality said Monday they had settled with the Pentagon. The ...The Hill - Jan. 6 -
Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi
Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...The Guardian - Jan. 6 -
FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds
Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problemFinancial Times - Jan. 6 -
Private equity to lobby Trump for access to savers’ retirement funds
Industry hopes incoming administration will open long-restricted private investments to individual investorsFinancial Times - Jan. 6 -
Apple May Owe You $20 in a Siri Privacy Lawsuit Settlement
Plus: The FBI discovers a historic trove of homemade explosives, new details emerge in China’s hack of the US Treasury Department, and more.Wired - Jan. 4 -
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Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
Apple's Siri settlement could mean money for consumers — what to know
Apple will pay $95 million to settle allegations that its Siri virtual assistant violated people's privacy by eavesdropping on mobile device users.CBS News - Jan. 3 -
What to know about Apple's $95 million settlement of the snooping Siri case
Apple has agreed to pay $95 million to settle a lawsuit that accused the company of turning its virtual assistant Siri into a snoop that eavesdropped on the users of iPhones and other trendy ...ABC News - Jan. 3 -
Booz Allen Hamilton to Pay $15.9 Million in False Claims Settlement
Booz Allen Hamilton Holding agreed to a $15.9 million settlement with the Justice Department on Friday, resolving allegations the company submitted fraudulent claims to the U.S. under military task ...The Wall Street Journal - Jan. 3 -
$450,000 settlement for Ohio teacher who refused to use students' pronouns
An Ohio school district will pay $450,000 to a middle school teacher who resigned for refusing to address two transgender students by their preferred names and pronouns.The Hill - Jan. 3 -
Helping boomers spend their retirement funds is harder than it sounds
Worries about running out of money makes people frugal and wary of taking any big pension decisionsFinancial Times - Jan. 3 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
Hedge funds Citadel and Millennium gain 15% in 2024
Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industryFinancial Times - Jan. 2 -
US investors in China venture funds race to comply with new tech rules
Financial institutions rush to secure assurances their money is not being used to develop Chinese technologyFinancial Times - Jan. 1 -
Hawaiian Electric Agrees to Sell Bank Unit After Wildfire Settlement
The deal could help the company as it resolves a nearly $2 billion settlement related to the Maui wildfires.The Wall Street Journal - Dec. 31
