Latest in Funding Freeze Choked
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UK charity that raised funds for Israeli soldier given warning
Regulator acts over complaints about fundraising activity as trustees fail to explain how IDF individual spent the donationFinancial Times - Jan. 9 -
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 -
Google donates $1 million to Trump's inauguration fund, joining other tech giants
Google becomes the latest tech company to donate to Trump's inauguration fundCNBC - Jan. 9 -
Former French President Sarkozy denounces 'plot' at trial over alleged campaign funding by Libya
Former French President Nicolas Sarkozy has vigorously denounced a “plot” he said was staged by “liars and crooks” on Thursday at a Paris trial over the alleged illegal financing of his 2007 ...ABC News - Jan. 9 -
Winter storm to hit US south again, carrying in snow and freezing weather
Cities cancel flights and school in anticipation as Dallas, Texas, is expected to get a year’s worth of snow. Parts of Texas and the US south are getting hit with yet another winter storm.. The ...The Guardian - Jan. 9 -
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Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped
In 2018 Black founders secured just 0.23% of venture funds, according to data from Extend Ventures.CNBC - Jan. 9 -
Fund managers to warn FCA over US activist’s plans to shake up UK trusts
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boardsFinancial Times - Jan. 9 -
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 -
World Anti-Doping Agency faces crisis after US government withholds funding
US Anti Doping Agency says move ‘protects athletes’ Wada retaliates by barring US from key committees The World Anti-Doping Agency (Wada) is facing a crisis after the US government defaulted on ...The Guardian - 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 -
In Tibet, Earthquake Survivors Face Freezing Weather Conditions
Rescuers rushed to distribute blankets and tents to those displaced by the magnitude-7.1 quake that struck Tibetan villages near Nepal, toppling over 3,000 homes.The New York Times - Jan. 8 -
Tents arrive for survivors of quake that hit holy city in freezing high-altitude Tibet, killing 126
Rescue workers in the freezing, high-altitude Tibet region are searching for more survivors and victims, one day after a strong earthquake leveled thousands of houses and killed at least 126 people ...ABC News - Jan. 8 -
‘We were choking on the smoke’: Witness shares scene as he evacuated from Eaton Fire
Connor Benavides lives near the Eaton Fire in Altadena, California, and describes the moment he evacuated ahead of the fast-moving wildfire that has burned more than 200 acres. KNBC reports.NBC News - 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 -
Bitter cold envelops US south as central states recover from freeze
Polar vortex chilled central US, downing trees, blasting snow, shuttering schools and causing traffic pile-ups. The next round of bitter cold enveloped the southern US on Tuesday, after the first ...The Guardian - 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 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
Freezing temperatures take hold after major winter storm sweeps across U.S.
Millions of Americans are digging out from the first major winter storm of the year as freezing temperatures grip much of the country. CBS News national correspondent Manuel Bojorquez has more.CBS News - 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 -
Target-date funds — the most popular 401(k) plan investment — don't work for everyone
Target-date funds are poised to capture about two-thirds of all 401(k) contributions by 2027. While they benefit many investors, others may see drawbacks.CNBC - 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 -
France's former President Sarkozy standing trial over alleged campaign funding by Libya's Gadhafi
France’s former President Nicolas Sarkozy goes on trial Monday over alleged illegal financing of his 2007 presidential campaign by the government of late Libyan leader Moammar GadhafiABC News - 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 -
'Musk turns on Farage' and 'big freeze hits Britain'
Elon Musk's calls for Nigel Farage to be replaced as Reform UK leader, and weather disruption leads the papers.BBC News - Jan. 5
