Latest in Funding Defies Law
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Hegseth's comments on military law questioned in confirmation hearing
Pete Hegseth told senators “restrictive rules of engagement” have “made it more difficult to defeat our enemies” as Democrats suggested he undervalued the laws of war.ABC News - 3h -
KPMG readies challenge to US law firms
Big Four accounting firm wins panel endorsement for Arizona license to offer legal services to corporate AmericaFinancial Times - 12h -
The class-action suit against Israel's funding defies law and logic
Their case is entirely without legal merit.The Hill - 1d -
Online safety laws unsatisfactory, minister says
Peter Kyle responds as internet safety campaigner Ian Russell says laws to protect children need fixing.BBC News - 2d -
Michael Sheen to fund new national theatre for Wales
The actor says he is putting everything behind starting Welsh National Theatre.BBC News - 4d -
Venezuela's opposition leader defies Maduro to lead protests that end in confusing arrest claims
Aides to Venezuela opposition leader María Corina Machado say she was detained but they've been contradicted by authorities who accuse government opponents of trying to spark an international crisisABC News - 5d -
Microsoft contributes $1 million to Trump's inauguration fund
Microsoft would like President-elect Donald Trump to make sure that U.S. artificial intelligence policy in the next four years will support its goals.CNBC - 5d -
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Open borders defy rising nationalism in Europe. We must protect them | Alexander Hurst
Reimposing passport checks in the Schengen area creates new political lines in our minds – and that poses its own danger. With so many economic and political challenges looming, the EU nevertheless ...The Guardian - 5d -
Mourners Defy Subfreezing Temperatures to Honor Jimmy Carter at the Capitol
While cold weather and heightened security most likely dampened turnout, thousands of well-wishers still traipsed through the snow and ice to pay final tribute to the 39th president.The New York Times - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
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 - 6d -
The laws turning Arab-Israelis into ‘second-class citizens’
Rules on deportations and taking part in elections seen as deepening systemic inequality of Palestinians in the countryFinancial Times - 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 -
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 -
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 -
No one is above the law — except Trump
By artifice, luck, disinformation and extraordinary political success, Trump has shown that the only verdict that counts is in the court of public opinion.The Hill - 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 -
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 -
Biden signs bipartisan outdoor recreation bill into law
President Biden on Monday signed a bipartisan bill aimed at boosting outdoor recreation weeks after it cleared the Senate. The bill, the Expanding Public Lands Outdoor Recreation Experiences Act, ...The Hill - Jan. 6 -
Biden signs Social Security Fairness Act into law
President Joe Biden signed the Social Security Fairness Act into law Sunday, marking what is expected to be one of the last major pieces of legislation of his presidency.ABC News - 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 -
Courts in ‘State of Disarray’ on Law Disarming Felons
The Supreme Court has repeatedly ducked Second Amendment challenges to the law. Starkly differing decisions from federal appeals courts last month may change that.The New York 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 -
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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 -
USB-C Is Now the Law of the Land in Europe
Apple has already pulled devices to comply with the European Commission’s new Common Charger Directive.Wired - Jan. 3 -
Smuggled Starlink devices allegedly used to defy India’s internet shutdowns
Civilian and armed groups in conflict-ridden state of Manipur using SpaceX’s satellite internet, sources say. Elon Musk’s satellite-based Starlink – currently unlicensed for use in India – is being ...The Guardian - 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 -
Chess: jeans-clad Carlsen defies critics to share Blitz with Nepomniachtchi
The world No 1 withdrew from the World Rapid then came back for the Blitz, where he shared the title when Fide agreed to stop play after three games of a shootout. Magnus Carlsen completed a ...The Guardian - Jan. 3 -
Impeached South Korean president defies arrest in tense standoff
South Korean authorities moved Friday to execute an unprecedented arrest warrant for President Yoon Suk Yeol over his botched attempt to declare martial law last month.NBC News - 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 -
Subway Violence Stubbornly Defies All Efforts to Quell It
A string of attacks has riders devising their own strategies to stay safe, even after years of official efforts to make New York’s vital transportation system secure.The New York 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