Latest in Funding Declines Third
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European tech funding declines for third consecutive year — but the sector is finally stabilizing
VC investment in European startups is projected to decline for a third straight year, according to Atomico — but there are signs things are finally stabilizing.Business - CNBC - 12 hours ago -
China loses third of its billionaires as economy falters
ByteDance chief Zhang Yiming leads country’s ‘rich list’ with $49bn fortuneWorld - Financial Times - October 29 -
Phunware narrows quarterly loss amid revenue decline, and stock sinks further
Phunware Inc. reported a narrowed loss in the mobile-advertising company’s third-quarter results after market close Thursday, although net revenue declined sharply from the same period last year.Business - MarketWatch - November 8 -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - October 29 -
Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines
GDP rose 0.2% on a quarter-on-quarter basis, while also expanding 0.9% on an annualized basis.Business - CNBC - 4 days ago -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
Tesla is new pick for Daniel Loeb’s Third Point, as hedge fund ditches Uber
Out with Uber, in with Tesla for Daniel Loeb’s Third Point.Business - MarketWatch - 5 days ago -
European Union’s car market slumps further in September
New car registrations dropped by 6.1% in September driven by lower sales in Europe’s top three markets, France, Italy and GermanyBusiness - MarketWatch - October 22 -
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...Business - MarketWatch - October 24 -
10-year Treasury yield ends with biggest six-week climb in a year as consumer sentiment rises
U.S. government debt sold off on Friday, giving the 10-year yield its biggest six-week advance in about a year, after data showed consumer sentiment rose this month.Business - MarketWatch - October 25 -
McDonald’s suffers second straight decline in quarterly sales
US fast-food chain hit by weakness in international markets as it promotes more discount mealsBusiness - Financial Times - October 29 -
Mariners decline $12M option on veteran Polanco
The Seattle Mariners have declined their $12 million option on second baseman Jorge Polanco, allowing him to become a free agent.Sports - ESPN - November 1 -
Rizzo's $17 million option declined by Yankees
Anthony Rizzo's $17 million option for 2025 was declined Saturday by the New York Yankees in favor of a $6 million buyout, making the first baseman a free agent.Sports - ESPN - November 2 -
Source: Pederson declines option with D-backs
Diamondbacks designated hitter Joc Pederson has declined his mutual option for the 2025 season and will be a free agent, a source told ESPN.Sports - ESPN - November 2 -
Kaput by Wolfgang Münchau — Germany’s great decline
An eloquent analysis of the country’s economic struggles argues that long-term political culture is to blameWorld - Financial Times - November 7 -
Trump victory hands hedge funds $1.2bn win from bet against renewables
Clean energy shares have tumbled on fears Republican president-elect will scrap subsidies and tax breaksWorld - Financial Times - November 8 -
Evening Report — Legacy media grapples with declining influence
Plus: Washington braces for Trump takeover {beacon} Evening Report © Dylan Buell, Getty Images file Traditional news media grapples with declining influence Legacy news outlets are grappling ...Politics - The Hill - November 8 -
Mean reversion: has AI abolished gravity for share prices?
Despite the Magnificent Seven, US stocks are predicted to be riding for a fallWorld - Financial Times - 6 days ago -
Cisco reports fourth straight quarter of declining revenue
Cisco reported better-than-expected results for the latest quarter but revenue continues to shrink.Business - CNBC - 5 days ago -
The Declining Population Argument Against Abortion Returns
Three states are calling on the federal courts for help in making women have more babies.Top stories - The New York Times - Yesterday -
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Public Investment Fund’s desert mirage
Plus, why Topgolf is parting with its owner and HSBC‘s boss says it isn’t splitting upWorld - Financial Times - October 30 -
UK economy stalls in third quarter
GDP shrinks in September, highlighting challenges for Labour’s growth promisesBusiness - Financial Times - 4 days ago -
Manchin postelection: 'There is a need for a third party'
Sen. Joe Manchin (I-W.Va.) said the 2024 election shows there is a “need for a third party.” Manchin joined NewsNation’s Chris Stirewalt on Sunday for “The Hill Sunday,” where he argued that the ...Politics - The Hill - Yesterday -
The funding crisis threatening England’s special needs education
Cost of specialist school places is placing huge financial strain on cash-strapped councilsWorld - Financial Times - October 21 -
NHS will not fund new drug to slow Alzheimer’s
A new drug that slows the pace of Alzheimer's disease is too expensive for too little benefit to be used on the NHS, the watchdog says.Top stories - BBC News - October 23 -
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Investment funds circle visual effects group Technicolor
The Paris-based moviemaking tech company is holding talks over a potential saleBusiness - Financial Times - October 24 -
Southwest Strikes a Truce With the Activist Hedge Fund Elliott
The airline will appoint six new directors to its board, avoiding a proxy fight with the activist investor Elliott Investment Management, one of its largest shareholders.Business - The New York Times - October 25 -
Chancellor sets out new funding for extra NHS appointments
The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.Top stories - BBC News - October 29 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
Levellr raises funds for tools to manage Discord communities
Levellr has raised $1.75 million for its community management and insights tools used by companies to manage Discord communities.Tech - VentureBeat - November 1 -
Trump wins tip scales for GOP on government funding
Republican electoral wins in both the presidential race and the Senate are changing the game on government funding, as Congress braces for a battle over federal spending when lawmakers return next ...Politics - The Hill - November 8 -
How Thames Water became a battleground for hedge funds
Rival groups of bondholders are vying to extend loans to the troubled UK utilityBusiness - Financial Times - November 10 -
Fund manager Terry Smith’s pay falls to £28mn
Stockpicker’s investment firm Fundsmith weighed down by his decision to shun chipmaker NvidiaBusiness - Financial Times - November 11 -
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 - November 12 -
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 - 5 days 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 - 5 days ago -
Britain’s bold plan to create super funds
The case for consolidating the UK’s sprawling pension arsenal is strongBusiness - Financial Times - 5 days ago